Mr Shenase Zacarias Remane
President
CTA
Mozambique
W : https://cta.org.mz/
Industry / Sector
Agriculture & Allied Services, Healthcare & Pharmaceuticals, Infrastructure, Logistics, Manufacturing, Mining, Power & Energy, Trade
Personal Profile
Agostinho Zacarias Vuma, is the President of the Confederation of Economic Associations of Mozambique (CTA), a Mozambican businessman with interests and investments in the areas of civil construction, real estate, energy, tourism, manufacturing and other related areas. He runs his second term in this position, after being re-elected on December, 2020.
He has held several positions of trust in companies and public and private entities, namely, Administração Nacional de Estradas (ANE), Confederation of Contractors of CPLP, GAPI Sociedade de Investimentos, SA, and PLAMA. He is also a Member of the National Parliament.
At the national level he is also a member of the Parliament, in his fourth term, where, apart rom representing a political party, he also uses his position to bring the voice of the private society, thus influencing positively the approval of norms that play a major role in bringing about changes in the economic legislation and influence a better business environment in Mozambique.
Company Profile
In Mozambique, the adoption in 1987 of the Economic Rehabilitation Program (PRE) marks the transition from a centrally planned economy to a free market economy. A program of privatization of companies was implemented.
But the adoption of this economic model was not accompanied by sequential changes in policies and regulations that guided business operations. Most laws and institutions controlling the economy had not yet been repealed and in certain cases there was a legal vacuum.
The State continued to exert a high influence on the economy, as a regulator, as a legislator and as an entrepreneur, through the management and control of public, state-owned and intervened companies. Bureaucracy and administrative barriers were excessive and hampered the development of business activity by the Private Sector in Mozambique. Many entrepreneurs directly contacted Ministers and other government officials to solve problems that, apparently individual, were common to most entrepreneurs.
The Working Committee of Associations (CTA) was created in 1996 as a coordination forum to interact with the Government and induce the adoption of new laws that would create a better business environment. In 1999, this Commission became the Confederation of Economic Associations of Mozambique, still CTA, to respond to these challenges of implementing the market economy.