Mozambique: Incubator extends access to financial services
File photo: O País
Users of the Metrobus integrated transport system – consisting of both buses and rail transport – are now insured by the Empresa Moçambicana de Seguros (EMOSE), under a memorandum of understanding recently signed in Maputo between Sir Motors and the said company.
According to EMOSE chairman Francisco Langa, this initiative results from the fact that Metrobus provides an essential transport service for citizens, a Mozambique government priority.
With its passenger insurance a pioneering and innovative service in the country, the agreement reiterates the commitment of the state insurer to insure Metrobus assets, including passengers.
“We want this partnership between Sir Motors and the government, which is committed to providing transport for the people of Maputo, Boane and Matola, to serve as an example and to jump-start other private sector public-private partnerships, so that we can gradually solve the problems of society, like the transportation problem,” Langa said.
“As a result of this memorandum, we will provide passenger insurance to Metrobus users, and also to insure their railcars and buses, which represents a great benefit not only from an economic point of view, but also from the social point of view,” Langa said.
Metrobus transports around 6,000 passengers a day, with safety as a priority, the reason why the carrier has engaged with the insurance service.
“Insurance is a very important component of mobility, and negotiating with a rejuvenated EMOSE has been a great pleasure,” director general of Sir Motors Sheila Camal said.
Transporting passengers by rail and road, Metrobus went into operation in January of this year, and has up to now created about 130 jobs.Source: O País