Luanda - The Value Added Tax (VAT) calls for introduction of "tax free" legislation, which may enter into force in 2022, to refund amounts to foreigners shopping in Angola during the visit period.
More about this newsLuanda - The first turbine of a total of four of Caculo Cabaça hydroelectric dam, under construction in northern Cuanza Norte province, will start producing electricity in 2024, Energy and Water minister, João Baptista Borges, has announced.
Luanda - Cereals production in Angola has increased in the last two years from 2.87 million to 2.9 million tonnes due to the policies approved by the Angolan Executive for the agricultural sector, the President of the Republic, João Lourenço, affirmed last Tuesday.
Luanda - The secretary of State for Budget, Aia-Eza da Silva, declared last Tuesday, in Luanda, that the State’s General Budget (OGE/2020) for next year is being elaborated having into account the need to avoid deficit and an excessive indebtedness.
Luanda - Angolan economy generated 161,997 jobs between 2018 and the third quarter of 2019, almost one third of the posts foreseen by the Government for the 2017-2022 period.
Luanda - The President of the Republic of Angola João Lourenço said Tuesday in his State of the Nation speech that the average production of barrel of oil in Angola will increase, in 2020, to 1.4 million barrels per day.
Saurimo - Angolan Banco de Fomento (BFA) bank has available 30 billion Kwanzas to assist the Programme for the Support of Production, Diversification of Exports and Replacement of Imports (PRODESI).
Luanda - The Angolan authorities announced Monday that the emergency program for the voluntary purchase of weakened cattle heads in the provinces of Cunene, Namibe and Huila is already in its final phase.
Luanda - The Republic of Angola will benefit USD 60 million from the 4th edition of the Regional Program for Continuous Disease Surveillance Systems (REDISSE 4), approved this week by the World Bank group.
