By:360mozambique

According to the Secretary of State for Mining, Jorge Daudo, this measure is part of an overall effort to strengthen the sustainability and organisation of the mining sector.

According to the secretary, an in-depth review of the mining cadastre is being carried out, which will make it possible to identify companies in debt to the state.

‘We’re cleaning up the cadastre, making public the companies that don’t fulfil their tax obligations. This way, mining companies that don’t comply within the deadline could have their licences revoked,’ said Daudo.

Jorge Daudo also emphasised that the initiative aims not only to order the mining sector, but also to promote benefits for a wider number of Mozambicans.

‘The aim is to transform the mining landscape, seeing artisanal mining as an opportunity to develop the activity in a regulated, environmentally friendly way that benefits the state,’ he concluded.

In a context where the extractive industry has been a fundamental driver of economic growth and the generation of revenue that sustains national development, the recent government measure assumes a strategic role.

This action is part of a broader framework in which the extractive industry, which has made up a significant part of GDP and recorded notable growth in the first quarters of 2023, needs rigorous fiscal management to guarantee its long-term sustainability.

By penalising non-compliant companies, the government aims to ensure that the economic benefits of mining activity are spread evenly and that the sector remains competitive and credible in the national context.

As such, this initiative not only responds to the need for greater fiscal discipline, but is also essential for strengthening the extractive sector, a key element for Mozambique’s stability and progress.