Mozambican business leaders urge fiscal and monetary policy reforms
Picture: Noticias
Ninety-six women entrepreneurs from the cities of Maputo and Matola graduated in business and client management in Matola’s T3 neighbourhood on Wednesday.
The ‘Business Women Connect’ programme, run by TechnoServe Mozambique in partnership with ExxonMobil, aims to empower women entrepreneurs in different areas of formal and informal economic activity.
Jane Grob, TechnoServe’s Managing Director in Mozambique, explains that the initiative trains women entrepreneurs in financial and business management skills such as company registration, marketing, commodity management and financial investment.
She says the idea behind the programme is for participants to apply their new knowledge and skills to manage their businesses better and expand. Most of these businesses all in areas such as beauty, event promotion, stalls and restaurants.
Trainees are coached in carrying out routine scheduled business management activities, recording the provision of sales or service provision and business expenses, and are encouraged to explore new business opportunities and markets.
ExxonMobil representative Hélio Cumbe says his company decided to support the initiative in the full awareness that women are often catalysts for the development of the economy, especially in the family and communities space. Investing in women’s education is therefore a valuable contribution to the development of the nation as a whole, he says.
This is the third year in a row the programme, which focuses on Maputo (city and province) and Inhambane, has held.
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