Mozambique's economy is under severe strain as escalating election protests transform into a broader revolt with regional repercussions. The unrest has forced Tesla supplier Syrah Resources Ltd. to declare force majeure, disrupted operations at sub-Saharan Africa's largest aluminum smelter, and impacted South Africa's chrome exports. Domestically, the turmoil is wreaking economic havoc, with Standard Bank Group Ltd. forecasting Mozambique's first quarterly economic contraction since 2020. The crisis highlights the fragility of the nation’s economy and its deepening regional impact. Stabilizing the situation is crucial to preventing further economic fallout. Continue here.
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