New transit regime approved

The new Customs Transit Legislation has been approved and published in the Official Gazzete. The new legislation will benefit most of the Port of Maputo’s hinterland clients, as about 80% of the total cargoes handled are transit cargoes.

The main changes are that bonds are now calculated based on the 35 % of Customs revenues risk, bulk mineral cargos are bond exempted as well as transshipments.