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Economy

  • Chicapa II dam construction starts next year
    Fri, 17 Nov 2017 17:46

    Chicapa II dam construction starts next year

    Saurimo - The construction of Chicapa II hydroelectric dam in eastern Lunda Sul province will start in 2018, announced Friday the provincial governor, Ernesto Kiteculo.

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  • Fri, 17 Nov 2017 13:37

    Brent opens low in London

    London - The price of the Brent crude-oil, a reference product kept in stock for delivery in January, on Friday opened high in the London Market, with the barrel being traded at Usd 61.29, with a variation of 0.11% as compared to the previous session.

  • Fri, 17 Nov 2017 11:14

    Alassola textile needs 11,000 tons of cotton

    Benguela - At least 11,000 tons of cotton a year are needed for the start of production at the central Benguela province-based Alassola textile company.

  • Fri, 17 Nov 2017 11:09

    Crisis deemed opportunity for youths’ creativity

    Luanda - The current economic situation of crisis facing the country ought to be used as a stimulator of the creativity of Angolan entrepreneurs, said last Thursday, in Luanda, the minister of Economy and Planning, Pedro Luis da Fonseca.

  • Fri, 17 Nov 2017 09:53

    Sonangol must focus on its core business - specialist

    Luanda -The new board of the state-owned National Fuel Society (Sonangol), led by Carlos Saturnino, besides the need to continue to implement policies to reduce costs, has also to do away with some of its businesses outside the oil sector.

  • Thu, 16 Nov 2017 18:23

    Independent producers told to distribute electricity

    Luanda - Independent power producers, with an installed capacity of one megawatt and more than what is needed to ensure the operation of their industry, should distribute them to the public grid to avoid wasting surplus electricity.

  • Thu, 16 Nov 2017 16:58

    Farm earns AKZ 500 million over pineapple sale

    Saurimo - At least 550 million kwanzas were collected from January to date by the "Cassette" farm in Saurimo, resulting from the sale of three tonnes of pineapple and more than 100 kg of tilapia fish, representing an increase of 100 million kwanzas to the same period of 2016.

  • Thu, 16 Nov 2017 12:47

    Indonesia interested in Angolan industry

    Luanda - In addition to exporting goods to Angola, Indonesia intends to invest in the industry, namely in the manufacture of soap, palm oil, in tourism, infrastructure and railways.

  • Thu, 16 Nov 2017 12:03

    Alassola exports second batch of cotton yarn

    Benguela - The central Benguela province-based Alassola textile company will be exporting 100 tons of cotton yarn on Sunday, its second consignment to Portugal, the firm's CEO, Tambwe Mukaz, announced.