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Economy

  • US Fed delegation arrives in Luanda
    Wed, 19 Jun 2019 13:21

    US Fed delegation arrives in Luanda

    Luanda - A high level delegation of the US Federal Reserve (Fed) arrived in Luanda last Tuesday, for a 48-hour visit, aimed to discuss with the Angolan authorities issues concerning the recovery of US dollars in banking operations in Angola.

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  • Mon, 17 Jun 2019 13:13

    VAT to enter into force in October

    Luanda - The Angolan government and the Entrepreneurial Technical Group (GTE) on Friday, in Luanda, decided to enforce collection of Value Added Tax (VAT) in October this year.

  • Mon, 17 Jun 2019 11:44

    Industrial Association of Angola against VAT in education and health

    Luanda - The head of the Industrial Association of Angola (AIA), José Severino, advised against the implementation of the Value Added Tax (VAT) in education and health sectors.

  • Thu, 25 Apr 2019 11:53

    ATM Express to replace bank cards

    Luanda - The ATM Express (MCX Express) application, created by the interbank service company, EMIS, will gradually dematerialize the use of ATM-cards in the country.

  • Wed, 27 Mar 2019 09:48

    Angolan State spends over USD 10 million to recover assets

    Luanda - The Angolan State has spent over USD 10 million to pay lawyers for the recovery of over USD 3 billion belonging to the Sovereign Fund of Angola (FSDEA), which was being managed by the Quantum Global firm.

  • Wed, 20 Mar 2019 13:26

    Government needs to keep health and education expenses in budget - economist

    Luanda - The expenses allocated to the health and education sectors must be kept in the State Budget (OGE), which is to undergo a downward revision in the coming days, taking into account the needs of these fields, defended the economist Juliana Evangelista.

  • Mon, 11 Mar 2019 18:36

    Finance Ministry impose rules on bill printing

    Luanda - The offset or printers authorized to print invoices or equivalent documents without due observance are subject to a fine of 300.000 kwanzas for each invoice, according to rules imposed by the Ministry of Finance.

  • Tue, 26 Feb 2019 18:28

    Computer system for VAT ready by 70 percent

    Luanda - At least 70 percent of the computer system for the implementation of the Value Added Tax (VAT), which is to come to effect on July 1 this year, has been reached, the technician of the General Tax Administration (AGT), Emanuel Carvalho, said on Tuesday.

  • Wed, 09 Jan 2019 11:15

    Tax Administration launches call centre for denunciations, complaints

    Luanda - The General tax Administration (AGT) last Tuesday launched a Call Centre that will enable better interaction with taxpayers and receive denunciations of irregularities and corruption in the handling of fiscal issues.