18 April 2017

Mozambique: Advertising Festival Cancelled

Maputo — The Mozambican Association of Marketing, Advertising and Public Relations Companies (AMEP) on Monday announced the cancellation of this year's Maputo International Advertising Festival.

The festival has been an annual fixture in the business calendar of the Mozambican capital, but this year there is neither the money nor sufficient interest to hold it.

The statement from AMEP announced that the minimum financial conditions needed to hold the festival do not exist this year or for the immediate future.

“The real national and international economic situation, and the deep and growing disinvestment in the advertising industry in Mozambique and globally, is forced advertising agencies and producers from Mozambique and from many other countries to reduce their investment in participating in international festivals and competitions”, lamented AMEP.

Those who have already paid upfront for their participation in the festival will be reimbursed, the statement said. The companies and other institutions who had agreed to sponsor the festival will also receive their money back.

Mozambique

Government Forces Pulling Out From Rural Gorongosa

Mozambican President Filipe Nyusi told reporters on Thursday that the government's defence and security forces are… Read more »

Copyright © 2017 Agencia de Informacao de Mocambique. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.