With this brief analysis we wish to analyse the implications of force majeure events in the petroleum sector during the COVID-19 pandemic.
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By Presidential Decree no. 11/2020, of 30 March, the President of the Republic of Mozambique decreed the State of Emergency, on grounds of public calamity, throughout the country, with a duration of 30 days, effective as from 0.00 a.m. on 01 April 2020 and ending at 24.00 a.m. on 30 April 2020.
Since the COVID-19 pandemic is already a reality in Mozambique, with the confirmation of the 8th coronavirus case in Mozambique on Sunday, 29 March 2020, it is becoming increasingly urgent to make decisions about how employment relations should be structured and regulated.
Its scope extends to agents, mediators, transporters, importers and exporters, cutters, polishers and manufacturers of rough diamonds, precious metals and gems in the Mozambican territory.
...will no longer require prior booking an appointment, a measure that entered into force on 1 April 2025.
...socio-economic situation favours a shortage of foreign currency in the country and aims to provide greater flexibility in the management of foreign currency by commercial banks in the face of the challenges they face.
It should be noted that this notice does not establish a new tax obligation but merely clarifies the procedures to be followed for the electronic submission of invoices...
Consequently, fines resulting from the failure to meet the original payment deadlines for this tax have been suspended for the same period.