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Economy

  •  Trade minister gives ultimatum to logistics managing centres
    Thu, 17 Jan 2019 12:43

    Trade minister gives ultimatum to logistics managing centres

    Caála - The Angolan Trade minister, Joffre Van-Dúnem Júnior, gave an ultimatum to Nutricampo, manager of the Calenga commune trading post, and Dassala Comercial, manager of the Programme for Agricultural Products Acquisition (Papagro), both being companies based in the central Huambo Province, to reopen and resume work in a 60-day deadline.

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  • Wed, 16 Jan 2019 16:11

    Angola wants to end import of agricultural products

    Cuito - The country will stop importing agricultural products in the short and medium term, taking into account the investments being made by the private sector, announced Tuesday in the municipality of Chinguar, Bié province, minister of Trade Joffre Van-dúnem Júnior.

  • Tue, 08 Jan 2019 16:48

    Webcor Group purchases Lactiangol for USD 30 million

    Luanda - Lactiangol, Angola's main dairy unit, was recently acquired by the Webcor group, in a deal valued at 30 million US dollars, Angop learned Tuesday.

  • Tue, 08 Jan 2019 09:39

    Angola's development depends on economy diversification

    Luanda - Angola's development depends on its economy diversification, so, the focus must be the adoption of a continued and sustainable process to improve the business environment, said on Monday the minister of State for Economic and Social Development, Manuel Nunes Júnior.

  • Mon, 07 Jan 2019 19:36

    IMF, Angola agreement to speed up economic reforms - Minister

    Luanda - The agreement with the International Monetary Fund (IMF) will make the ongoing reform process in Angola more credible, said State Minister for Economic and Social Development Manuel Nunes Júnior.

  • Thu, 03 Jan 2019 19:33

    Russia, Spain among main destinations of Huila Timber

    Lubango - Sixty percent of the 4.501 cubic meters of timber harvested in 2017 in southern Huíla province was exported in 2018 to European countries such as Russia and Spain, said the Brigade Chief of Institute of Forest Development (IDF) brigade chief Dumbo Kangopito.

  • Wed, 02 Jan 2019 17:20

    Angola improves business environment

    Luanda - Angolan authorities continue to work to improve the country's ranking in the "Doing Business" ranking, from 175th (2018) to 173rd (2019). To this end, legislative measures were taken last year in order to make the business environment attractive.

  • Thu, 27 Dec 2018 19:40

    Tax base enlargement priority for 2019

    Saurimo - The widening of the tax base, through the insertion in the formal circuit of all economic activity, aiming at increasing the sources of revenue collection, are included in the economic sector priorities in Lunda Sul in 2019, said in Saurimo, the local governor, Daniel Neto.

  • Thu, 27 Dec 2018 11:37

    Commission to restructure Angolan venture capital

    Luanda - A Commission to restructure the Angolan Active Venture Capital Fund (FACRA) was created on Wednesday, in Luanda, aimed at elaborating a management model tailored to the current economic context of the country.