Absa Bank won this year's award for "Best Bank for Small and Medium Enterprises (SMEs) in Mozambique", awarded by the British magazine Global Banking & Finance Review, one of the most prestigious international publications specializing in financial markets and analysis of the banking sector. In a press release, the bank said that this distinction...
The Minister of Industry and Trade is challenging the country's small and medium-sized enterprises (SMEs) to focus on the quality of their national products in order to compete with potential on the international market. According to Silvino Moreno, who was speaking last Friday (02), in Maputo, at the second National Conference of Micro, Small and Medium-sized Enterprises (MSMEs), entrepreneurs should...
The National Petroleum Institute (INP) is committed to maximizing national labor in gas extraction projects and beyond in Mozambique. The initiative aims, in a strategic way, to take advantage of nearly 14 thousand possible jobs in the four major projects underway in the country. The projects are Mozambique LNG, Rovuma...
The government is working to create a legal framework that will oblige the different multinationals operating in the country to invest in Mozambican companies in their chain of production and supply of goods and services. According to Domingo newspaper, the information was advanced this Wednesday in Maputo by the deputy minister of economy and finance,...
The Mozambican Insurance Company (EMOSE) in partnership with the Mozambican Chamber of Commerce (CCM) are bringing solutions to facilitate access to finance for Small and Medium Enterprises (SMEs), so that they can leverage their business. To the newspaper Notícias, the Chairman of the Board of Directors of EMOSE, Joaquim Maqueto Langa, explained that...
The Minister of Industry and Trade, Carlos Mesquita, delivered this Friday support to 43 small and medium enterprises (SMEs) affected by the insurgency in the north and center of the country, from a total of 500 beneficiaries. Cited by Lusa, Carlos Mesquita, said during the ceremony that the launch of the Program of Recovery of the Private Sector, under the scope...
The Government has just announced a package of 35 million meticals to support the Small and Medium Enterprises (SME) affected by the terrorism in Cabo Delgado province. In total, 500 SMEs will benefit from this support through a credit line in order to guarantee their recovery. According to the Provincial Director...
The African Development Bank (ADB) has just announced a funding of 2.5 million dollars, aimed at the development of Small and Medium Enterprises (SMEs), focusing on women led businesses in the natural resources sector in Mozambique. This is a support channeled to the Institute for the Promotion of Small and Medium Enterprises (IPEME) from the...
The Institute for the Promotion of Small and Medium Enterprises (IPEME) has just announced a credit line aimed at boosting the competitiveness of the country's Micro and Small Enterprises (MSMEs)
The capital market is still far from the reach of Small and Medium Enterprises (SMEs). Issues of business model, lack of audited accounts and business volume are pointed out as being the major obstacle for them to access the capital market. The Mozambique Stock Exchange (BVM) was created in 1998 by the Government ....