RAW - No, at least not without taking the Dual Wielder feat first mentioned by Dale M.
Fast Hands is right out, as it allows you to use your bonus action to either make a Sleight of Hand (Dex) check to disarm a trap or open a lock, or to take the Use an Object action.
The rules for Two-Weapon Fighting state:
"When you take the Attack action and attack with a light melee weapon that you're holding in one hand, you can use a bonus action to attack with a different light melee weapon that you're holding in the other hand."
Unfortunately, a torch is not classified in the rulebook as weapon, light or otherwise. It is only given a weight, a cost, and the information you have listed in your question. This would make it an improvised melee weapon, which is not light. The Dual Wielder feat provides a workaround by removing this requirement (which is a hefty price to pay for 1 point of fire damage).
If you desperately wanted to use a torch to attack without sinking a feat into your character, you may be able to ask your DM to allow it, since it weighs as much as a dagger (a light melee weapon), and less than other light melee weapons.