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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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                    <dc:rights><![CDATA[© 2020  2026 TORRE. All rights reserved.]]></dc:rights>
        
                        <item>
                    <title><![CDATA[More years than listings: Mozambique's stock exchange turns 27 with only 11 companies]]></title>

                    <link>https://torre.news/en/more-years-than-listings-mozambiques-stock-exchange-turns-27-with-only-11-companies</link>
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                    <description><![CDATA[Over 27 years of existence, the Mozambique Stock Exchange has accumulated history, markets, regulations, and ambitious strategic plans. What it has never managed to accumulate is companies. More than a quarter of a century after opening its doors in 1999, the institution created to finance Mozambique's business community and bring citizens closer to the capital markets today counts just 11 listed companies, namely CMH, EMOSE, CDM, ZERO, TOUCH, ARCO, HCB, ARKO, REVIMO, TROPIGALIA and TRASSUS, and has become, in practice, what it never admitted to wanting to be: the counter where the state places its debt. Data from the Bank of Mozambique itself, reported to December 2025, leaves no room for ambiguity. Treasury bonds represent 85.71 percent of everything listed on the exchange and almost all of what is traded on it, 97.99 percent, reducing the equity market, where these eleven companies are listed, to a residual, near-decorative corner. And the institution that should arbitrate this market with independence is itself owned by the state, overseen by the state, and regulated by the state.]]></description>

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                    <pubDate>Thu, 09 Jul 2026 10:49:51 +0200</pubDate>

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                    <title><![CDATA[Sheriff days from leaving the vault: what Zandamela signs, what he omits, what Mozambique will pay]]></title>

                    <link>https://torre.news/en/sheriff-days-from-leaving-the-vault-what-zandamela-signs-what-he-omits-what-mozambique-will-pay</link>
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                    <description><![CDATA[Ten years on, with most Mozambicans unaware that these are his final months in office, the man the financial sector early on nicknamed the Sheriff is preparing to leave, with the currency stabilised, inflation tamed to single digits, and reserves rebuilt, in a balance sheet that appears clean until the page is turned: beneath the figures the central bank chose to display lie the interest rates that strangled credit to the real economy, the chronic shortage of foreign currency that the private sector itself publicly contested, the intervention in Moza Banco that handed one of the country's five largest banks to Kuhanha, the central bank's own pension fund, which Zandamela himself chaired, but which the Administrative Court declared null, and the ruling of the Central Commission for Public Ethics that found him in violation of the Public Probity Law.]]></description>

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                    <pubDate>Tue, 30 Jun 2026 11:51:59 +0200</pubDate>

                    <dc:creator><![CDATA[TORRE.News]]></dc:creator>

                    
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                    <title><![CDATA[Chapo's diplomatic race in a Mozambique on the brink of suffocation]]></title>

                    <link>https://torre.news/en/chapos-diplomatic-race-in-a-mozambique-on-the-brink-of-suffocation</link>
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                    <description><![CDATA[In 2025, the Mozambican health system executed only 55.4 percent of its allocated budget and external investment in health reached just 21 percent. In education, the school year began with a shortfall of around 12,000 teachers and 84 percent of total investment in the sector depends on external financing. Donations from international partners fell 43.5 percent and external credits 63.5 percent compared to the previous year. In April 2025, the International Monetary Fund suspended its support programme for the country, worth $468 million, after disbursing $343 million in four tranches. In March 2026, the government repaid early the full $698.5 million debt owed to the Fund, drawing on the international reserves of the Bank of Mozambique, in an attempt to unlock a new financing programme. The World Bank and the IMF classify Mozambique's public debt as unsustainable and the country as being in default, with debt service arrears that reached 1.3 percent of gross domestic product at the end of 2025. Daniel Chapo has been travelling to bilateral partners and multilateral institutions in search of new financing agreements, an agenda that keeps him abroad with regularity.]]></description>

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                    <pubDate>Mon, 22 Jun 2026 14:25:32 +0200</pubDate>

                    <dc:creator><![CDATA[TORRE.News]]></dc:creator>

                    
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                    <title><![CDATA[The price of aid: Trump Administration turns cooperation with Africa into an instrument of resource access]]></title>

                    <link>https://torre.news/en/the-price-of-aid-trump-administration-turns-cooperation-with-africa-into-an-instrument-of-resource-access</link>
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                    <description><![CDATA[The United States cut the aid that for decades financed hospitals and health programmes across Africa and has now returned with a new offer: money conditioned on the sharing of biological data from local populations, demanding budgetary commitments and, in certain cases, preferential access by American companies to the continent's minerals. Several governments signed. Others refused and lost their funding overnight. What Washington presents as cooperation reveals itself, case by case, as a negotiation over who controls Africa's resources.]]></description>

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                    <pubDate>Wed, 17 Jun 2026 10:41:21 +0200</pubDate>

                    <dc:creator><![CDATA[TORRE.News]]></dc:creator>

                    
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                    <title><![CDATA[Solenta chairman confirms Fastjet will not launch Mozambique domestic flights from Beira base]]></title>

                    <link>https://torre.news/en/solenta-chairman-confirms-fastjet-will-not-launch-mozambique-domestic-flights-from-beira-base</link>
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                    <description><![CDATA[TorreNews is standing by its original reporting. A week after Solenta Aviation Mozambique issued a press release disputing an investigation published by this outlet on 21 May 2026, Brian Holmes, the company's chairman, told TorreNews in an exclusive interview that the core of the story was accurate: Fastjet has informed Solenta that it will not honour the brand licensing agreement to operate scheduled domestic flights in Mozambique under the present conditions. "With an operational base in Beira and under current conditions, Fastjet will not move forward," Holmes said.]]></description>

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                    <pubDate>Mon, 01 Jun 2026 13:45:15 +0200</pubDate>

                    <dc:creator><![CDATA[TORRE.News]]></dc:creator>

                    
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                    <title><![CDATA[Debt to pay debt: The inescapable cycle that enriches banks and drowns the State]]></title>

                    <link>https://torre.news/en/debt-to-pay-debt-the-inescapable-cycle-that-enriches-banks-and-drowns-the-state</link>
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                    <description><![CDATA[For every 100 meticais the Mozambican government collects in taxes, 88 are immediately absorbed by civil servant salaries and interest payments on public debt. Only 12 meticais remain to build roads, pay doctors, purchase medicines, and fund schools. This figure, confirmed by the World Bank in March 2026, is not a pessimistic projection. It is what happened in 2025. Here is how commercial banks became the largest creditors of the Mozambican State and who pays the price for this model.]]></description>

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                    <pubDate>Tue, 26 May 2026 19:23:40 +0200</pubDate>

                    <dc:creator><![CDATA[TORRE.News]]></dc:creator>

                    
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                    <title><![CDATA[FastJat "abandons" domestic market after Government's poisoned gift]]></title>

                    <link>https://torre.news/en/fastjat-abandons-domestic-market-after-governments-poisoned-gift-88509</link>
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                    <description><![CDATA[FastJat received the licence it had long awaited and is about to return it. The authorisation issued by the regulator imposes an operational base in Beira that the company never requested, renders inviable the 15 million dollars already invested, and forces a restart from scratch at an airport without the conditions required for the projected operation. For the shareholders, the licence is not a market opening. It is a trap. And behind the trap lies a clear political choice: to protect LAM, the technically insolvent flag carrier, into which the Government has just injected 130 million dollars from profitable state-owned enterprises. Domestic passengers are, once again, left without an alternative.]]></description>

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                    <pubDate>Thu, 21 May 2026 13:48:22 +0200</pubDate>

                    <dc:creator><![CDATA[TORRE.News]]></dc:creator>

                    
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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>

                    <link>https://torre.news/en/prices-rise-shortages-remain-fuel-distributors-want-the-bank-of-mozambique-back-in-the-business-of-bank-guarantees</link>
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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.

]]></description>

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                    <pubDate>Wed, 20 May 2026 14:59:19 +0200</pubDate>

                    <dc:creator><![CDATA[TORRE.News]]></dc:creator>

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

                    <link>https://torre.news/en/metix-cuts-fees-banks-push-back-and-customers-keep-paying</link>
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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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