{"id":57713,"date":"2024-03-21T11:04:30","date_gmt":"2024-03-21T11:04:30","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies"},"modified":"2024-03-21T11:32:03","modified_gmt":"2024-03-21T11:32:03","slug":"stock-market-helping-to-finance-small-companies","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies","title":{"rendered":"Stock market helping to finance small companies"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The head of the Mozambique Stock Exchange (BVM), Salim Vala\u0301, says that stock market listing is already facilitating financing, especially for small companies, which dominate the Mozambican business sector.<\/p>\n

\u201cThere are various difficulties in accessing credit, issues that are exacerbated the smaller the company, which is why micro, small and medium-sized companies have the greatest difficulty in financing themselves,\u201d Vala\u0301 emphasised in an interview with Lusa on Tuesday.<\/p>\n

Among the difficulties, the president of BVM points to the lack of real guarantees demanded by the banks, the absence or lack of quality of the business plan, unorganised accounting, the absence of an audit of the company\u2019s accounts or non-compliance with the rules of good corporate management.<\/p>\n

That\u2019s why, says Vala\u0301, \u201csensitising and training companies and their managers to incorporate their companies into the value chain of major projects\u201d turns out to be \u201cjust as important for facilitating access to credit, just as the interest or inflation rate is relevant for that same access\u201d.<\/p>\n

\u201cIt\u2019s not only through the debt component that companies can finance themselves on the capital markets. Companies being listed on the stock market can facilitate access to finance, because the fact that a company is listed on the stock market is a guarantee that it fulfils legal, financial, accounting and market compliance requirements, making it easier for domestic and foreign investors to want to invest in the company,\u201d he emphasises.<\/p>\n

Large companies \u201chave, from the outset, all the requirements to be listed\u201d on the stock market, says Vala\u0301.<\/p>\n

\u201cThe same doesn\u2019t apply to the majority\u201d of micro, small and medium-sized companies, which led BVM to create a segment for these companies, which make up the majority of the country\u2019s economic agents and the largest source of employment for the Mozambican population, and which was named the \u201cThird Market\u201d, he added.<\/p>\n

In this specific stock market, Vala\u0301 said, companies that do not fulfil all the requirements for listing on the Official Quotations Market, which is \u201cgeared\u201d towards the state and large companies, or for listing on the \u201cSecond Market\u201d, which is mainly for small and medium-sized enterprises (SMEs), but which nevertheless fulfil the legal requirements for the company and its shares, \u201ccan be listed on this new stock market, making a public commitment to fulfil the missing requirements within a maximum of three years\u201d.<\/p>\n

\u201cBy listing on the stock market, companies gain greater visibility, show that they are not afraid of public scrutiny of their results and management and gain greater credibility with investors,\u201d he emphasises.<\/p>\n

\u201cIt is a fact that of the eight companies listed on the BVM after the creation of this market, seven entered via the Third Market, and in 2023, the first company to be listed on the Third Market, Rede Via\u0301ria de Moc\u0327ambique (Revimo), moved to the Official Listings Market, as it had met all the requirements for listing on this market, thus showing the relevance of this market to the concrete situation of the Mozambican economy, which is dominated by around 98% micro, small and medium-sized companies,\u201d adds Vala\u0301.<\/p>\n

At the start of 2023, BVM had 12 listed companies and over the course of the year it saw four more join the portfolio, all directly on the \u201cThird Market\u201d. In addition to the 16 currently listed on the three markets, BVM plans to have four more companies listed in 2024 and, by the end of 2025, the first bank.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The head of the Mozambique Stock Exchange (BVM), Salim Vala\u0301, says that stock market listing is already facilitating financing, especially for small companies, which dominate the Mozambican business sector. \u201cThere are various difficulties in accessing credit, issues that are exacerbated the smaller the company, which is why micro, small and medium-sized companies […]<\/p>\n","protected":false},"author":84,"featured_media":57712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-57713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nStock market helping to finance small companies - Mozambique<\/title>\n<meta name=\"description\" content=\"The head of the Mozambique Stock Exchange (BVM), Salim Vala\u0301, says that stock market listing is already facilitating fin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock market helping to finance small companies\" \/>\n<meta property=\"og:description\" content=\"The head of the Mozambique Stock Exchange (BVM), Salim Vala\u0301, says that stock market listing is already facilitating fin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-21T11:04:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-21T11:32:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"825\" \/>\n\t<meta property=\"og:image:height\" content=\"510\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Stock market helping to finance small companies\",\"datePublished\":\"2024-03-21T11:04:30+00:00\",\"dateModified\":\"2024-03-21T11:32:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies\"},\"wordCount\":586,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies\",\"name\":\"Stock market helping to finance small companies - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg\",\"datePublished\":\"2024-03-21T11:04:30+00:00\",\"dateModified\":\"2024-03-21T11:32:03+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The head of the Mozambique Stock Exchange (BVM), Salim Vala\u0301, says that stock market listing is already facilitating fin ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg\",\"width\":825,\"height\":510,\"caption\":\"Stock market helping to finance small companies\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stock market helping to finance small companies\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stock market helping to finance small companies - Mozambique","description":"The head of the Mozambique Stock Exchange (BVM), Salim Vala\u0301, says that stock market listing is already facilitating fin ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies","og_locale":"en_US","og_type":"article","og_title":"Stock market helping to finance small companies","og_description":"The head of the Mozambique Stock Exchange (BVM), Salim Vala\u0301, says that stock market listing is already facilitating fin ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2024-03-21T11:04:30+00:00","article_modified_time":"2024-03-21T11:32:03+00:00","og_image":[{"width":825,"height":510,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Stock market helping to finance small companies","datePublished":"2024-03-21T11:04:30+00:00","dateModified":"2024-03-21T11:32:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies"},"wordCount":586,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies","name":"Stock market helping to finance small companies - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg","datePublished":"2024-03-21T11:04:30+00:00","dateModified":"2024-03-21T11:32:03+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The head of the Mozambique Stock Exchange (BVM), Salim Vala\u0301, says that stock market listing is already facilitating fin ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/03\/sm_1711004249.658794.jpg","width":825,"height":510,"caption":"Stock market helping to finance small companies"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/stock-market-helping-to-finance-small-companies#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Stock market helping to finance small companies"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/57713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=57713"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/57713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/57712"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=57713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=57713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=57713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}