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Economy

  • Tue, 31 Dec 2019 16:05

    Tourism's diplomacy attracts investors

    Luanda - Angola hosted for the first time, in 2019, the World Tourism Forum (WTF) and became the second African country to host the event after Ghana, as part of its strategy of spreading the potential and attracting investors.

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  • Tue, 31 Dec 2019 13:16

    Government's programmes leverage domestic output

    Luanda - Angolan government implemented in 2019 an economic programme that promises to leverage domestic production and boost economic diversification at a time when the country is seeking efficient solutions to recover from the financial crisis, which began in 2014.

  • Mon, 30 Dec 2019 20:12

    Fisheries sector invests in research

    Luanda - The launch of the first underwater scientific research vessel, in August, for the conservation and use of oceans, seas and fishing resources, marked the achievements of the Fisheries sector in 2019.

  • Mon, 30 Dec 2019 11:16

    VAT revolutionizes tax base structure

    Luanda - Angola once again registered, in 2019, a tough economic year marked by the adoption of several measures aiming to re-launch the economy and achieve an increase in the tax base, with highlight on the implementation of the Value Added Tax (VAT).

  • Thu, 05 Dec 2019 11:50

    Angola plans to increase oil output in 2020

    Luanda - Angola plans to increase oil production in 2020 by increasing from 1.390,000 barrels of oil per day to 1.436,000, the minister of Mineral Resources and Petroleum, Diamantino Azevedo, said on Wednesday.

  • Thu, 28 Nov 2019 13:46

    Sixty-five municipalities of Angola with multi-dimensional poverty

    Ondjiva - Sixty-five of the 164 municipalities in Angola's eighteen provinces have a 90 percent incidence of multidimensional poverty, according to a study presented Tuesday in Ondjiva, southern province of Cunene.

  • Wed, 27 Nov 2019 12:54

    Goods for festive season guaranteed

    Luanda - Trade minister Joffre Van-Dúnem assured on Tuesday that the goods for this year’s festive season are already in the country and in sufficient amounts to respond to the demand in this period.

  • Tue, 19 Nov 2019 19:21

    Stabilization program with positive budget balance

    Luanda - Angola recorded, for the first time in four years, a positive budget balance of 2.2 percent of Gross Domestic Product in 2018, as a result of the Macroeconomic Stabilization Program implemented since January last year, said on Tuesday the State Minister for Economic Coordination, Manuel Nunes Júnior.

  • Thu, 24 Oct 2019 11:22

    Angola and Russia agreement reinforces gas supply

    Sochi - Angola and Russia are to sign this Thursday, in Sochi, a private business agreement on gas supply, announced in this Russian city the minister of Mineral Resources and Oil, Diamantino Azevedo.