The Banco de Moçambique has ordered credit institutions, financial companies, and mobile wallet operators to refund over 73.2 million meticais (around 1.15 million USD) to their customers. The refunds concern fees and commissions deemed improperly charged during the first half of 2026. The decision follows the review, by the central bank, of 487 formal complaints...
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Mozambique: Central bank orders banks to refund around 1.15 million USD to customers
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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