On June 21 of the current year, the Mozambique Stock Exchange (BVM) admitted to the Third Market the second company , the company 2Business, SA, created on April 12, 2018, headquartered in Maputo City, specialized in implementation and management software development.
300,000 (three hundred thousand) ordinary, registered and book-entry shares, with a nominal value of MT 1.00 (one Metical) each share, representing the entire capital of 2Business, SA, were admitted to listing.
2Business, SA helps its customers to increase their performance through software tools, being the largest implementing partner of PHC Software in Mozambique with a team of more than 20 certified technicians. The company develops several software applications that allow its customers greater mobility in the operations of their teams, through mobile equipment (Android, Windows, IOS), whose integrated implementations allow its customers a high management control over the entire value chain, integrating the management of document processes with management alarm systems and “Business Intelligence”.
In addition to the implementation of management systems, 2Business,SA also provides consulting services in the areas of requirements analysis, design and implementation of systems and financial consulting, aligning IT systems with the most modern financial management methodologies.
Considering the company's evolution in recent years and the sustainability of its customer base, the company forecasts an annual growth of approximately 35% in the national market for 2021. This growth should be reinforced by the implementation of its company in Angola, which could bring a increased business by exporting software tools and remote technical assistance services.
It should be noted that BVM launched the Third Market in November 2019, with the objective of being an incubator market for companies for the Official Quotations Market (MCO) and the Second Market (SME), aiming to be a dynamic market for the growth of the Stock Exchange due to the nature and characteristics of the Mozambican business community.
In the Third Market, companies have a period of 2 years to prepare their entry in the Official Listed Market or in the Second Market, with the support of BVM, the Institute for the Management of State Participations (IGEPE), of the Institute for the Promotion of Small and Medium Enterprises (IPEME), Confederation of Economic Associations of Mozambique (CTA), Order of Accountants and Auditors of Mozambique (OCAM) and the Higher Institute of Accounting and Auditing of Mozambique (ISCAM).
With the admission of 2Business on the Stock Exchange, there are now 11 companies listed on the BVM, eight on the COM and one on the Second Market and two on the Third Market.