| 1 | AFRICA EATS LTD · EATS.MZ · SEM | 100% |
| 2 | Beachcomber Hospitality Investments Ltd - Class A Preference · BHIp.MZ · SEM | 100% |
| 3 | ELITE MEAT PROCESSORS LIMITED · ELIT.MZ · SEM | 100% |
| 4 | LES MOULINS DE LA CONCORDE LTEE (PREFERENCE) · LMLC.J0000 · SEM | 100% |
| 5 | MORNING LIGHT CO LTD · MOLI.MZ · SEM | 100% |
| 6 | RIVEO LIMITED · RIVO.MZ · SEM | 100% |
| 7 | ZIWETO HOLDINGS LIMITED · ZWTO.MZ · SEM | 100% |
| 8 | SUN LIMITED · SUN.MZ · SEM | 93% |
| 9 | MCB GROUP LIMITED · MCBG.MZ · SEM | 91% |
| 10 | EXCELSIOR UNITED DEVELOPMENT COMPANIES LTD. · EUDC.MZ · SEM | 90% |
| 11 | GAMMA CIVIC LTD · GCL.MZ · SEM | 90% |
| 12 | QUALITY BEVERAGES LTD · QBL.MZ · SEM | 90% |
| 13 | AFRICAN EXPORT-IMPORT BANK · AEIBy.MZ · SEM | 89% |
| 14 | INNODIS LTD · HWF.MZ · SEM | 88% |
| 15 | HOTELEST LIMITED · HTLS.MZ · SEM | 88% |
| 16 | CONSTANCE HOTELS SERVICES LIMITED · CHSL.MZ · SEM | 85% |
| 17 | BEAU VALLON HOSPITALITY LTD · SCT.MZ · SEM | 83% |
| 18 | RHT HOLDING LTD · RHT.MZ · SEM | 83% |
| 19 | BLUELIFE LIMITED · BLL.MZ · SEM | 82% |
| 20 | MUA LTD · MUAL.MZ · SEM | 82% |
| 21 | LES GAZ INDUSTRIELS LTD. · GIL.MZ · SEM | 74% |
| 22 | KOLOS CEMENT LTD · KLOS.MZ · SEM | 74% |
| 23 | SWAN GENERAL LTD · SWAN.MZ · SEM | 72% |
| 24 | UNITED DOCKS LTD · UTDL.MZ · SEM | 71% |
| 25 | LOTTOTECH LTD · LOTO.MZ · SEM | 68% |