Transparency is one of the fundamental elements to guarantee good governance of natural resources. Despite the relevant instruments for promoting transparency in the country, such as the Law on the Right to Information, Law no.O 34/2014 of 31 December, which establishes legal mechanisms for the right to information and the fact that Mozambique is part of the global Initiative for Transparency in the Extractive Industry (EITI), there are still considerable gaps in the provision of crucial information to guarantee transparency and accountability.
In this context, and in order to contribute to greater transparency in this sector, CIP built a Transparency Index of Companies in the Extractive Sector whose indicators revolve around the fiscal, corporate governance, social and environmental components.
