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# Mozambique 5 May 2017: Peace without limits
- URL: https://www.zitamar.com/mozambique-5-may-2017-peace-without-limits/
- Published: 2017-05-05T00:00:00.000Z
- Updated: 2017-05-05T00:00:00.000Z
- Author: Zitamar Ltd
- Tags: Newsletter, #substack, #substack-type-newsletter, #substack-access-everyone, #Import 2023-04-06 20:43

![](https://storage.ghost.io/c/f8/24/f824d293-9bb2-4c56-8f85-7a9e686fb0d9/content/images/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https-3a-2f-2fsubstack-post-media.s3.amazonaws.com-2fpublic-2fimages-2f21457904-d6c6-4610-b3e9-8a4a3cc30138_273x103.jpg)

Good afternoon. It’s been another week of rhetorical developments in the hidden debts saga - but that story is kept off the top billing this week by Afonso Dhlakama’s declaration of an open-ended cease-fire, designed to restore confidence to investors, he said.

**FREE TO READ: [‘Peace is starting’ – Mozambique opposition leader announces open-ended ceasefire](http://zitamar.com/peace-starting-mozambique-opposition-leader-announces-open-ended-ceasefire/?ref=zitamar.com)**

Restoring confidence is a priority for the World Bank, too, which approved its latest five-year partnership strategy with the country last week. The strategy was due to be launched a year ago but was postponed at the last minute after the discovery of the ‘hidden debts’ - a discovery which continues to overshadow the Mozambican economy.

**SEE: [World Bank approves new plan to help Mozambique recover from debt shocks](http://zitamar.com/world-bank-approves-new-plan-help-mozambique-recover-debt-shocks/?ref=zitamar.com)**

The government’s strategy vis-a-vis those debts remains a topic of much speculation both inside and outside Mozambique. The Prime Minister gave more clues in parliament both last week and this week, about a strategy which, despite the twists and turns of the past year, may turn out to have been hiding in plain sight all along.

**SEE: [Mozambique debts: preparing for a ‘public interest’ defence?](http://zitamar.com/mozambique-debts-preparing-public-interest-defence/?ref=zitamar.com)**

**SEE: [Mozambique PM says Attorney General will have final word on ‘hidden debts’](http://zitamar.com/mozambique-pm-says-attorney-general-will-final-word-hidden-debts/?ref=zitamar.com)**

There were further revelations this week about Aeroportos de Moçambique’s financial woes, which the government is hoping to solve by bringing in a private concessionaire for Nacala Airport. A similar strategy is in place for airline LAM - but it remains to be seen if any investor finds it an attractive proposition.

**SEE: [Aeroportos de Moçambique confirms $7.5m arrears to Brazil on Nacala Airport](http://zitamar.com/aeroportos-de-mocambique-confirms-7-5m-arrears-brazil-nacala-airport/?ref=zitamar.com)**

**SEE: [Mozambique’s struggling airline in talks with ‘strategic partner’](http://zitamar.com/mozambiques-struggling-airline-talks-strategic-partner/?ref=zitamar.com)**

Mozambique’s stock exchange has hit a new milestone with the listing of its fifth company - meaning it has three more to go to hit its target for this year. The chairman has his eye on SMEs in particular.

**SEE: [Mozambique stock exchange gets 5th listed company as chairman targets SMEs](http://zitamar.com/mozambique-stock-exchange-gets-5th-listed-company-chairman-targets-smes/?ref=zitamar.com)**

And finally, news from the gas sector - Indonesia’s EMP is close to losing its exploration licence in central Mozambique if it doesn’t prove up the gas reserves soon.

**SEE: [EMP has 60 days to prove up Mozambique’s Buzi gas field reserves](http://zitamar.com/emp-60-days-prove-mozambiques-buzi-gas-field-reserves/?ref=zitamar.com)**

Have a great weekend.

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- [Mozambique PM says Attorney General will have final word on ‘hidden debts’](http://zitamar.com/mozambique-pm-says-attorney-general-will-final-word-hidden-debts/?ref=zitamar.com)
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- [‘Peace is starting’ – Mozambique opposition leader announces open-ended ceasefire](http://zitamar.com/peace-starting-mozambique-opposition-leader-announces-open-ended-ceasefire/?ref=zitamar.com)