Good afternoon. Waldemar de Sousa lasted less than 24 hours as governor-designate of the Bank of Mozambique. His inauguration was postponed after attention returned to a criminal case opened against him in 2020, and President Daniel Chapo rapidly replaced him. The accusation remained unresolved and Sousa had never been convicted.
Vitor Luís Timóteo’s appointment as chairman of the National Petroleum Products Acquisition Company, ENAPP, has caused no comparable reaction. Prime Minister Benvinda Levi swore him into office last Thursday, after the Council of Ministers appointed him on 15 September. His previous role creates a governance problem more directly connected to his new responsibilities than the allegation that ended Sousa’s appointment.
The full Daily Briefing continues below for Pro subscribers. Subscribers to the Zitamar News tier can read the top half, including the full leader article, here.
The latest from Zitamar News:
Zitamar News
Timóteo chaired SPI, Frelimo’s investment vehicle, for at least four years. During that period, the party’s business arm held shares in fuel-storage terminals at Matola and Beira. He is now taking charge of the state company with exclusive responsibility for procuring and managing Mozambique’s petroleum supplies.
The connection is practical as well as institutional. Fuel-procurement tenders allocate volumes among Maputo-Matola, Beira, Nacala and Pemba. Imported products pass through terminals before distribution. ENAPP will assess national requirements, contract supplies and coordinate their delivery. Decisions about how much fuel enters through each port, when shipments arrive and which storage arrangements are used can affect the throughput and revenue of individual terminals. Frelimo’s investment vehicle is a shareholder in two of them.
