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Economy

  • Mining code enhances sector - official
    Sun, 26 Jan 2020 13:19

    Mining code enhances sector - official

    Saurimo - The entry into force of the Mining Code in the country has given greater credibility to the mineral resources sector, safeguarding the fiscal aspects and improving the management of mining resources, said the Secretary of State for Geology and Mining, Jânio da Rosa Corrêa Victor in Saurimo (Lunda Sul),

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  • Sun, 26 Jan 2020 13:00

    Caio deep water port works set to resume this month

    Cabinda - The construction works of Caio Deep Water Port, which had been halted for two years, in northern Cabinda province, resume this month after a USD 124 million debt settlement with the contracting companies.

  • Sat, 25 Jan 2020 11:48

    Sonangol holds 50% of Unitel's capital

    Luanda - National Fuel Society of Angola (Sonangol) has fully purchased the PT Ventures SGPS SA (PT Ventures), a company hitherto indirectly owned by the Brazilian Oi.

  • Fri, 24 Jan 2020 08:59

    Angola to gain first digital bank this year

    Luanda - The first Angolan digital bank, called DUbank Angola, with an initial investment estimated at USD 12 million, might be inaugurated in the first quarter of this year, revealed last Thursday its Executive Director, Sérgio Hirose.

  • Thu, 23 Jan 2020 20:19

    Ministry wants more investments in national products

    Malanje - The Secretary of State for Commerce, Amadeu Nunes, today asked the heads of the large commercial establishments in Malanje, to invest more in national products, in order to make a greater contribution to the country's development.

  • Wed, 22 Jan 2020 18:44

    Drought kills over 5000 cattle in Huíla

    Lubango - At least 5.654 heads of cattle died in 2019, in southern Huíla province, victims of diseases caused by the severe drought that affected the municipalities of Gambos, Chibia, Matala, Jamba, Lubango and Quipungo, reads a report from the provincial office of agriculture, livestock and fisheries.

  • Wed, 22 Jan 2020 13:20

    More than 2,000 houses for sale in Zango 5 housing project

    Luanda - A total of 2,390 homes (30%) out of an overall 7,964 located at Zango 5 housing scheme will be available for sale as from January 27, the secretary of State for Hosing, Joaquim Silvestre, announced last Tuesday in Luanda.

  • Wed, 22 Jan 2020 11:58

    Angolan Finance minister presents Privatization Programme in Davos

    Davos - Angola's Finance minister, Vera Daves de Sousa, presented on Tuesday to international investors at the World Economic Forum in Davos, Switzerland, the country’s Privatization Programme (Propriv), whose aim is to privatize 195 companies.

  • Tue, 21 Jan 2020 20:24

    Housing to penalize debtor tenants

    Luanda - The State will be able to adopt measures, such as withholding tax, judicial case and evictions of occupants who are in debt for monthly installments in the centralities of the State, warned today the Secretary of State for Housing, Joaquim Silvestre.