Last Updated: 10 July 2019
The Chairman of the Board of Directors of the Mozambican Stock Exchange, Salim Cripton Valá. On Monday (8), in the Muslim Community in Maputo, the theme "Investment and Financing Opportunities through BVM" was presented to more than 220 Muslim businessmen and entrepreneurs.
This initiative was promoted by the Muslim Association of Entrepreneurs and Mozambican Entrepreneurs (AMEEM).
During the speech, he said that as the process of economic globalization and increasing internationalization of the financial markets progressed, it was vital for Mozambican entrepreneurs to have greater control over financial instruments for savings, financing and investment in order to make better decisions about the options available.
Salim Valá said that despite the deceleration of the economic growth rate that has occurred since 2016, Mozambique has good prospects for growth and economic development in the future, and BVM has been intervening to make the financial system more diversified, robust and sustainable.
The growth in the number of listed companies, stock market capitalization, registered securities and the number of investors is a concrete expression of the BVM's intention to be the effective barometer of the Mozambican economy, which measures its dynamics and contributes to improving the investments and business.
In his speech, Valá stated that the sale of HCB shares through BVM is a concrete expression of the fact that the capital market can be decisive for expanding investment channels, promoting permanent savings habits, inducing good corporate governance and stimulating the economic empowerment of families and businesses.
BVM's PCA ended by inviting entrepreneurs and entrepreneurs present to invest in BVM listed securities, to open the capital of their companies on the Stock Exchange and to use the Stock Exchange platform as a tool to promote entrepreneurship and popularization of capital in Mozambique.Events Photos