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Emose Records 22% Revenue Growth in the Year 2020

Emose Records 22% Revenue Growth in the Year 2020

The revenues of the Mozambican Insurance Company (EMOSE) registered a 22% growth from 2020 to this part. The information was shared this Thursday by the Chairman of the Board of Directors, Joaquim Langa.

According to Joaquim Langa, quoted by the newspaper “O País”, the positive behavior of EMOSE’s accounts was due to the increase in demand for these services.

“As we know, insurance depends a lot on the economic environment that now is being affected by the COVID-19 pandemic, but fortunately our financial situation remains positive,” said Joaquim Langa.

The Mozambican Insurance Company recently announced that it would sell 10% of its shares. About this subject, Joaquim Langa limited himself to say that the details of this process are up to the shareholders.

Joaquim Langa was speaking during a memorandum of understanding between EMOSE and Joaquim Chissano University whose objective is to exchange services between the parties.

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