News

Moza Banco sponsors 5th Edition of Literary Prize Fernando Leite Couto
23/03/2023

Moza Banco is the sponsor of the 5th edition of the Fernando Leite Couto Literary Prize,  promoted by the Fernando Leite Couto Foundation (FFLC) and which aims to discover the new talents of Mozambican literature, in the genres of narrative prose fiction, drama text, literary essay and poetry.

The press conference took place on March 17th at the Foundation's headquarters in Maputo, to announce the opening of applications for this edition of the Prize, an event which was attended by representatives of the organizer and partners, namely FFLC, Moza Banco and the Camões Institute.

Speaking during the Press Conference, the Chairman of the Board of Directors at Moza Banco highlighted the importance of the award which promotes literary creation in the country and the emergence of new Mozambican authors.

Moza Banco recognises the value of literature and its contribution to the preservation and enhancement of culture, history and national identity. By embracing this project and granting this support, the Bank hopes to praise and exalt the legacy of the Foundation's patron, a figure whose career and work history is responsible for elevating, as well as inspiring the emergence of talents among young people, rewarding those young people who stand out in the area of literary creation, he stated.

Moza Banco’s sponsorship, which began in the 4th edition, consists specifically in the attribution of awards to the winners for the monetary amount of 150,000.00 MZN, as well as in printing the winning works.

The 5th edition of the Fernando Leite Couto Literary Award is dedicated to poetry works and the inscriptions take place from March 17th to April 16th, with the announcement of the winner set to be announced in June.

The Fernando Leite Couto Literary Prize is a literary award established by the Fernando Leite Couto Foundation in 2017. In its debut in 2017, the winner of the Prize was Macvildo Bonde, with the book A DESCRIÇÃO DAS SOMBRAS, the 2018 edition had no winner in the novel category. Otildo Justino Guido was the winner in 2019, of the 3rd edition, with the book O SILENCIO DA PELE. Maya Ângela Macuácua and Geremias Mendoso were the winners of the 4th edition with DIAMANTES PRETOS NO MEIO DE CRISTAIS and QUANDO OS MOCHOS PIAM, respectively.

Another literary work is born with Moza Banco’s support
22/03/2023

The launch ceremony of the book "GEBA, Onde o Tâmega desaguou no Índico" (GEBA, Where the Tâmega flows into the Indian Ocean), took place on March 16th, at the Headquarters of the Fernando Leite Couto Foundation in Maputo, counting on the sponsorship of Moza Banco within the scope of its social responsibility policy.

This is a novel that proposes to the reader a trip in time and space, as the title suggests. It portrays the difficult life of a young couple, Augusto and Alice, who find themselves forced to leave Chaves, on the banks of the river Tâmega in Portugal, to embrace new challenges with the North Mozambique Cotton Company, specifically in Geba, Memba district, beside the warm and crystalline waters of the Indian Ocean.

Alongside the book’s author, the multifaceted writer and visual artist Miguel César, the book presentation event was attended by Mozambican writer Mia Couto, Director of the Fernando Leite Couto Foundation, Moza Banco’s CEO, Manuel Soares, among other guests.

Speaking at the event, Manuel Soares, reiterated the commitment of the institution he heads in supporting national literature for its important role in the transmission of knowledge and culture of a society.

Moza Banco's sponsorship of the publication of this work is part of the Bank's commitment to promoting Mozambican literature, as we recognise its value and contribution to preserving and valuing culture, history and national identity. As a Bank made by Mozambicans, for Mozambicans, we have an added responsibility to promote and extol the best that Mozambique has and does in various fields," he said.

Soares also highlighted the importance of the partnership with the Fernando Leite Couto Foundation started in 2019, which has contributed to the promotion of literary creation, through support for book publishing, and other artistic-cultural activities of high social impact.

It should be noted that under this partnership, several works have already been published among new and established authors, including: "O Terrorista Elegante", "Mapeador de Ausências", "A Espada e a Azagaia", by the writer Mia Couto; "Diamantes pretos no meio de cristais" and "Quando os mochos piam", by Maya Macuácua and Geremias Mendoso respectively, both young winners of the 2022 edition of the Fernando Leite Couto Literary Prize, also sponsored by Moza.

Moza Banco launches financial literacy programme in national languages
14/03/2023

As part of Moza Banco's efforts to increase access to and use of financial services by more Mozambicans, on 20th February the Bank launched a financial literacy radio programme called “Conta com o Moza” (“Count on Moza”).

The programme is aimed at people in rural areas, including farmers, small traders, civil servants and state agents, students and low-income women, covering in this first phase (5) districts where the Bank currently has MADER branches, opened under the government initiative "One District, One Bank", namely: Derre (Zambezia); Memba and Murrupula (Nampula); Chimbunila and Majune (Niassa).

There will be a total of 12 editions in which concepts, best practices, security tips and other useful information related to financial services and personal finance management are broadcast weekly in local languages. The programme will be aired at times when there is the largest audience in these locations, namely Mondays at 5.40am, with a repeat on Wednesdays at 6pm.

With this focus on the use of predominant local languages, Moza Banco has become the first banking institution to adopt this approach to communicate financial content.

The Bank's strategy of using the languages people communicate best with, in informal and targeted communication, as well as inclusive and mass media - radio, combined with the inclusion of a gender-sensitive approach, demonstrates its commitment to inclusion, particularly for low-income groups, in areas far from the main urban centres, living up to its standing as a Mozambican Bank for everyone.

The "Conta com o Moza" programme is produced by FEEDBACK, a specialised communications agency, and it also sees it team up with Technoserve/WIN, a programme that seeks to promote the economic empowerment of women through entrepreneurship, and which co-financed the baseline study with a view to ascertaining the real barriers faced by these communities, their financial management habits and needs.

In order to ensure the quality intended, the start of the programme was preceded by training for its presenters, which took place on 13th and 14th February. The training included a component linked to gender equality so that the presenters had this awareness when presenting the programmes.

With the effective start of "Conta com o Moza" it is expected that the population of the chosen communities may increase their level of financial literacy, so that they can make a responsible and conscious use of financial services and products, resulting in the improvement of their quality of life and well-being.

Due to the importance of this financial education programme, the Bank expects to expand the programme to further locations, reaching an increasing number of people.

Moza Banco discusses sustainability of Mozambican companies
07/03/2023

Moza Banco participated this morning, 15th February, at Meliá Hotel, in Maputo, in the Breakfast on Economics and Business, themed “Macroeconomic Prospects for 2023 and Sustainability of Mozambican Companies”.

This was an event promoted by the Association of Commerce, Industry and Services (ACIS) in partnership with the Mozambican Stock Exchange and Moza, and brought together several relevant stakeholders in the country's development, in particular representatives from the Public Sector, Private Sector Development Support Agencies, diplomatic institutions, entrepreneurs, among others for a reflection on the foreseeable scenario for Mozambican companies in 2023 and their sustainability.

Moza Banco was part of the panel of speakers, represented by Executive Committee Member, Jaime Joaquim, whose intervention focused on the solutions that the Bank has for financing companies, focusing on the special lines of credit available at Moza.

"It is in our best interest to contribute in every way to support the country’s business sector, and that is why we are presenting financing solutions at the event, particularly credit lines with special conditions and attractive rates, which allow businesses to recover, maintain and/or expand their activities, thus ensuring their sustainability, even in a context such as the one we are in, which remains challenging. I would like to take this opportunity to congratulate ACIS for establishing this important platform for dialogue and knowledge sharing, which aims to bring local businesspersons closer to other players in the business sector, such as banking, the stock exchange and academia, in order to make companies more robust and sustainable".

The panel of speakers also included Alexis Meyer, representative of the International Monetary Fund in Mozambique and Salim Valá, Chairman of the Board at the Mozambique Stock Exchange.

The participation and support of Moza Banco to the event is part of the financial institution's focus on supporting business activity in the country, in various sectors, by providing integrated financial solutions to meet the diverse needs of Mozambican companies, thus contributing to the country’s sustained and inclusive socio-economic development.