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Economy

  • Lunda Sul: Governor suggests renewable energy for communes
    Thu, 15 Aug 2019 15:25

    Lunda Sul: Governor suggests renewable energy for communes

    Saurimo - The governor of the eastern Lunda Sul province Daniel Neto has suggested the implementation of renewable energy projects for local communes headquarters to reduce the energy production costs in thermal power plants.

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  • Thu, 15 Aug 2019 10:47

    Government discloses firms to be privatized

    Luanda - The Angolan government disclosed on Wednesday the list containing195 firms expected to be privatized until 2022 under its Privatization Programme (PROPRIV).

  • Wed, 14 Aug 2019 10:31

    Privatization Program to privatize most companies by 2020

    Luanda - The Privatization Program (PROPRIV) plans to alienate by 2020 most of the 195 companies owned by or with state participation, said Tuesday in Luanda, the Secretary of State for Finance and Treasury, Vera Daves de Sousa.

  • Tue, 13 Aug 2019 18:47

    Sonangol injects capital into Banco Económico to respond regulator

    Luanda - The minister of Mineral Resources and Petroleum, Diamantino Azevedo said that the increase in Sonangol's stake in Banco Económico stemmed from shareholder agreements because the Central Bank, as a regulator, has demanded a capital increase and one of its shareholders has not applied it.

  • Tue, 13 Aug 2019 17:30

    World Bank provides corporate privatization consultancy

    Luanda - Angolan minister of State for Economic Coordination, Manuel Nunes Júnior said Monday that the Angolan Government has hired the World Bank (WB) as a strategic consultant for the privatization process of 195 companies, in which 32 are classified as national reference companies.

  • Tue, 13 Aug 2019 15:28

    Privatisations boost economic competition - official

    Luanda - Minister of State for Economic Coordination Manuel Nunes Júnior Tuesday in Luanda considered the privatisation process a tool to achieve adequate levels of competition and efficiency in business management in Angola and the economy.

  • Mon, 12 Aug 2019 13:29

    At least 200 firms to be privatized

    Luanda - At least 195 firms owned or which government’s participation are due to be sold by 2019 to 2022 as part of the Privatization Programme (Propriv), reads the State Gazette published on Monday.

  • Wed, 07 Aug 2019 11:30

    South Korea intends to increase number of firms in Angola

    Luanda - The South Korean government intends to increase its number of firms in Angola, in the framework of their bilateral cooperation and the economic potential and good business environment that Angola has now to offer.

  • Thu, 01 Aug 2019 10:54

    Businessmen advocate more interaction with Government

    Luanda - The coordinator of the Entrepreneurial Technical Group, Carlos Cunha, defended on Wednesday in Luanda, the need for the government to appreciate national businesspeople as its interlocutor, so as to overcome the current structural problems