Bordered by Tanzania, Malawi, Zambia, Zimbabwe, South Africa, and Eswatini, Mozambique is rich in significant arable land, water, energy, mineral resources, and natural gas offshore. The economy comprises three deep seaports and a large workforce. Its proximity to South Africa makes it an attractive geographical spot to facilitate investments into and out of Africa.
Organisations looking to expand their operations to the country are often faced with challenges related to the local, cultural and legal processes especially if they don’t have a legal entity yet in Mozambique. This is where Africa HR Solutions can be the right partner to manage all your employment outsourcing strategies in line with your business objectives. Our Mozambique HR outsourcing services include Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing, and other ancillary solutions to help you expand smoothly in the country.
Population: 1 mn
Gross Domestic Product (GDP): $3.38 bn
GDP Growth: 6 %
Inflation: 3.48 %
Foreign Direct Investment (% of GDP): 0.1 %
Unemployment Rate: 11.1 %
Capital: Djibouti City
Currency: Djiboutian franc
Languages: Arabic, French
Having a long coastline and closely located to South Africa, Mozambique has a strategic location in the African continent. The country thrives on its services sector (education, repair of vehicles, transport) that represents 49% of total GDP. The economy is known to have huge mineral resources such as coal, agricultural and hydroelectric potential, as well as natural offshore gas fields. Crops such as prawns, cotton, cashew nuts, sugar, citrus, copra, coconuts, and timber are known to be income-generating for Mozambique too. Due to the effects of the pandemic, Mozambique is set to recover this year and rebound about 4% in 2022.
Mozambique is also known for being the largest marine reserve in Africa.
Mozambique has some of the richest coral reefs
Some scenes from the movie ‘Blood Diamond’ featuring Leonardo Di Caprio were shot in Maputo
Mozambique has incredible biodiversity, home to a huge number of plants, birds, reptiles, amphibians, and insects
‘Xima’ is a national dish of the country; it is a porridge made with cornflour
New Year’s Day
Armed Forces Day
Employment agreements should be handed to the employee in writing. The agreement should outline every detail related to the employee, including the name, wage, compensation, and termination information. Employers pay 4% of wages to social security while employees contribute 3%. The severance pay and termination depending on the length of service. Africa HR Solutions is the right partner to accompany you in devising your HR outsourcing strategy, including crafting a competitive benefits package to attract the best talent to your organisation.
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