Luanda - National oil companies will now pay 30% contrary to the current 50% of the Petroleum Income Tax (IRP), for production sharing contracts in the onshore basins of the Lower Congo and Kwanza, in a total of nine, which enter public tender soon.More about this news
Dundo - Over thirty thousand diamond stones were seized in various provinces of the country, as part of the transparency operation carried out by the Angolan Executive since last September 25.
Luanda - The National Development Plan (PND) 2018-2022 introduced to the members of the ruling MPLA party on Saturday in Luanda, forecasts 3% gradual medium economic growth acceleration.
Luanda - The Sanitation and Restructuring Plan of the Angolan Savings and Credit Bank (BPC) was analyzed on Thursday in Luanda during the 5th joint ordinary meeting of the Cabinet Council?s Economic Commission and the Commission for the Real Economy, under the guidance of President, José Eduardo dos Santos.
Luanda - The country has opted for the forest concession system that will coexist with the current licensing regime, a measure that resulted from the approval on Thursday by the economic team of the Angolan government of the Law on the Forest, which repeals the previous legislation on the sector.
Luanda - An important step towards boosting and encouraging the emergence of wealth assets management companies in the country was taken on Thursday, with the approval of the draft presidential legislative order on its legal regime.
Luanda - A strategy of regularizing the arrears was approved on Thursday by the Angolan government's economy team, a measure that prioritizes the payment orders of service that were not made in the years 2014 and 2016.
Luanda - The different institutions of the country and natural persons will be obliged to provide information to the National Statistics Institute (INE), to the National Statistics Database and the INE delegated bodies, otherwise they will be subject to fines ranging from 500.000 to five million kwanzas.
Luanda - The financial programming for the implementation of the National Water Plan (PNA), a legal instrument approved Wednesday in the Council of Ministers, is estimated at USS 110 billion and has a time horizon year of 2040.