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Economy

  • Luanda to benefit from additional 500 MW from Lauca
    Thu, 13 Aug 2020 14:37

    Luanda to benefit from additional 500 MW from Lauca

    Luanda- Luanda may benefit from another 500 megawatts of Lauca, with the construction of the Lauca/Bita /Baia musseque line, once the demining of the route has been completed, said the minister of Energy and Water, João Baptista Borges.

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  • Thu, 13 Aug 2020 13:00

    Government announces plans to regulate informal activities

    Luanda - Angolan Executive will regulate and give more dignity to the informal professions, in order to increase employment and therefore improve the organisation of the economy.

  • Thu, 13 Aug 2020 09:32

    Over USD 300,000 spent on social projects

    Huambo - More than USD 300,000 was spent on the execution of social projects focused on development strategies of the communities in central Huambo province from January to June this year.

  • Wed, 12 Aug 2020 17:31

    Amended Public Business Law introduces golden shares figure

    Luanda - The amendment made to the Basic Law of Public Business Sector, approved on Tuesday by the parliament, introduces the figure of "golden shares", to allow the State to safeguard strategic interests in various companies without harming their operation.

  • Wed, 12 Aug 2020 17:11

    MEP controls over 2,000 national production projects

    Luanda - At least 2,749 projects are active in the database of the Ministry of Economy and Planning (MEP), representing 80% of the third stage of the process, the assembly phase of the credit file, the Secretary of State for Economy, Mário Caetano João, said Tuesday.

  • Wed, 12 Aug 2020 16:58

    Isabel dos Santos quits Unitel board

    Luanda - The entrepreneur Isabel dos Santos announced Tuesday that she has decided to leave the board of directors of the telecommunication operator Unitel.

  • Wed, 12 Aug 2020 16:45

    Parliament passes public finances sustainability law

    Luanda - The National Assembly approved Tuesday the bill amending the Law on Sustainability of Public Finance with 185 votes in favor, six abstentions and none against.

  • Wed, 12 Aug 2020 08:06

    Online goods auction yields Kz 71 million

    Luanda- The General Tax Administration (AGT) raised 71 million kwanzas, with the online auction of 139 lots of various goods, held on July 12.

  • Tue, 11 Aug 2020 13:40

    Africa prepares memorandum on extra technical assistance

    Luanda- Finance ministers and central bank governors of Africa, including Angola, executive directors have drafted a Draft Memorandum 2020, which will be presented to the leadership of the Bretton Woods Institutions, to increase technical assistance.