Mozambique’s employers say country has to prepare for globalization

3 May 2006

Maputo, Mozambique, 03 May – The president of the Confederation of Economic Associations of Mozambique (CTA), Salimo Abdula, called Tuesday for the Mozambican government to create mechanisms to make the country’s business climate more competitive, taking globalization into consideration.

“We have to find the best ways of facing this globalization phenomenon,” said Abdula, on the eve of the 9th Annual Conference of the private sector, which will take place throughout this week in Maputo, under the heading of “For a better business climate, global market opportunities.”

Abdula suggested that the initiative should be implemented at the same time as the government program for creating conditions for financing small and medium-sized companies in Mozambique.

Abdula said that Mozambique had already achieved macroeconomic stability and said this was “one of the important aspects” for development of business activities in the country.

He said however that, “the Mozambican government should intensify its efforts in order to improve the business climate as a contribution to its program for reducing poverty.”

The business-owner said it was a priority to invest in young human resources, particularly through and efficient professional and vocational education system. (macauhub)