The National Hydrocarbons Company (ENH) secured the top position in the Ranking of the 10 Best Companies in Mozambique, according to the study published by KPMG – 2024 Edition. The report assesses various financial and operational performance criteria, highlighting the companies that have stood out the most in the Mozambican business environment.
2024 Ranking Highlights
ENH leads with 467 points, standing out for its business volume growth and return on equity. In second place, Sasol Petroleum Temane scored 455 points, followed by Britam Insurance Company, with 454 points, consolidating its position as the top company in the insurance sector.
The ranking also highlights the presence of companies from the industrial, financial, and transport sectors, demonstrating the diversity of the Mozambican market. Among the key indicators assessed are business volume growth, overall liquidity, profitability, and value added per worker.
The 10 Best Companies in Mozambique – 2024 Edition
- ENH – National Hydrocarbons Company (467 points)
- Sasol Petroleum Temane (455 points)
- Britam Insurance Company (454 points)
- Mozambican Hydrocarbons Company (450 points)
- UBA – United Bank for Africa – Mozambique (449 points)
- MPDC – Maputo Port Development Company (448 points)
- Tolvessa (439 points)
- Mozambique Leaf Tobacco (437 points)
- Correios de Moçambique (Mozambique Post) (423 points)
- HCB – Cahora Bassa Hydroelectric (423 points)
The presence of energy sector companies such as ENH, Sasol, and HCB underscores the importance of the extractive industry to the national economy. Meanwhile, the inclusion of Correios de Moçambique and MPDC reinforces the strategic role of the logistics and transport sectors.
Trends and Outlook
The KPMG report highlights that business volume growth and profitability were key factors in determining the companies’ rankings. The insurance sector also stood out, with Britam ranking among the top three.
The Ranking of the 10 Best Companies in Mozambique reinforces the strength of the national business environment and the resilience of companies amid economic challenges. Moving forward, innovation, sustainability, and digitalization are expected to be key factors in maintaining competitiveness in the Mozambican market.
