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Economy

  • Luanda gets 10th four-star hotel
    Sun, 21 Apr 2019 13:25

    Luanda gets 10th four-star hotel

    Luanda - A four-star Ika Hotel with 150 rooms and an equivalent number of beds, was inaugurated Thursday in Luanda with a view to expanding the hotel network in the country and boost local tourism.

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  • Thu, 18 Apr 2019 12:54

    Angola cable launches data center in Brazil

    Luanda - The multinational telecommunication firm (Angola Cables) launched Wednesday its neutral data center dubbed “Angonap Fortaleza Tier III” in Brazil.

  • Thu, 18 Apr 2019 11:05

    Country has evolved in execution of public expenses

    Luanda - Angola has been evolving in terms of the execution of public expenses, because there are signs of improvement, said Wednesday in Luanda the consultant of the Finance Ministry, Nteka Panzo.

  • Wed, 17 Apr 2019 19:33

    IMF recommends improved spending process

    Luanda - The International Monetary Fund (IMF), in the framework of the technical assistance provided to the Republic of Angola, has recommended improving the process of execution of the State Budget (OGE), controlling the stages of public spending and purchasing procedures, despite of the efforts made by the Government, informed the consultant of the institution, Claudiano Alburquerque.

  • Wed, 17 Apr 2019 17:00

    Customs warehouse bets on staple food supply

    Luanda - The Angolan Customs Warehouse CEO, Ludgério Peliganga said that the institution is committed to guaranteeing the staple food to the population at fair prices through the acquisition of domestic products.

  • Wed, 17 Apr 2019 13:28

    Saudi Arabia interested in investing in oil, mining sectors

    Luanda - Saudi Arabia has expressed interest to invest in some sectors in Angola, with stress to oil, gas, petrochemical and solid mineral resources.

  • Wed, 17 Apr 2019 12:45

    Soyo: MPs seek clarification on oil platform blaze

    Luanda - Members of National Assembly (Parliament) Tuesday in Luanda recommended the Government to clarify on the fire that broke out on April 4 at Oil Platform of Soyo municipality, 475 km north of Luanda and 310 km northwest of Mbanza Congo, northern Zaire province.

  • Wed, 17 Apr 2019 11:43

    Brent opens high in London

    London - Brent oil for delivery in June opened low on Wednesday in the London Futures Market at USD 72.04, with a variation of 0.44% in relation to the previous session.

  • Wed, 17 Apr 2019 11:24

    Luanda Railway employees resume strike

    Luanda - Luanda Railroad Company (CFL) employees have announced they are to resume the strike on Thursday (April 18) after a 14 January-hiatus this years, over alleged failure by the employer to comply with the demand.