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        <title><![CDATA[TORRE.News]]></title>
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        <description><![CDATA[TORRE.News | Economic Intelligence  Mozambique - TORRE.News]]></description>
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                    <title><![CDATA[Prices rise, shortages remain: fuel distributors want the Bank of Mozambique back in the business of bank guarantees]]></title>

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                    <description><![CDATA[Despite a historic fuel price increase decreed on 7 May, the supply crisis paralysing the country shows no sign of easing. The sector points squarely to a shortage of foreign currency as the root cause and demands direct intervention from the Bank of Mozambique, Mozambique's central bank and primary financial regulator, through the reissuance of bank guarantees for fuel imports  a mechanism the central bank suspended in 2023 and declined to restore as recently as March of this year.

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                    <pubDate>Wed, 20 May 2026 14:59:19 +0200</pubDate>

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                    <title><![CDATA[METIX cuts fees, banks push back, and customers keep paying]]></title>

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                    <description><![CDATA["Do you know how much commercial banks earn per day from those transfers? Between seven and ten million meticais." The words come from a banking sector source heard by TORRE.News. That is between 7 and 10 million meticais ($109,000 to $156,000) a day, extracted from one of the world's poorest populations in transfer fees alone. METIX was created to put an end to that. The banks found a way to keep charging.]]></description>

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                    <pubDate>Wed, 20 May 2026 14:05:18 +0200</pubDate>

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