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Economy

  • Thu, 17 Oct 2019 18:46

    Angola works for regional, continental integration

    Luanda - Trade Minister Joffre Van-Dunem reiterated Thursday in Luanda the country's engagement in honouring its commitments to integrate its economy into SADC and mainland regional markets.

  • Thu, 17 Oct 2019 18:16

    Total increases oil production in block 17

    Luanda - The French Oil company Total said it spent USD 2.5 billion on three new projects in 2018 to increase the production of more 100,000 barrels of oil per day in block 17 in the Angolan offshore.

  • Thu, 17 Oct 2019 17:47

    Angola committed to good digital environment

    Luanda - Angolan minister of Telecommunications and Information Technology José Carvalho da Rocha said Thursday in Luanda that the Executive is working on the investment of infrastructure and ensuring a more digital environment in companies-States-consumers relationship.

  • Thu, 17 Oct 2019 17:13

    Sonangol investigates drillship detention

    Luanda - Angola's Oil company (Sonangol) Thursday said it was investigating the accuracy of the detention of the Quenguela drillship by Malaysian authorities for allegedly berthing without authorisation in the territorial waters of that Asian country.

  • Thu, 17 Oct 2019 15:54

    BDA to release USD1 bln for productive sector

    Lubango - Angola's Development Bank (BDA) will release USD 1 billion later this year to finance projects in the sectors of agriculture, livestock, trade, services and industry, aimed at diversifying the national economy.

  • Thu, 17 Oct 2019 15:02

    FAO invests over USD 7 million for resilience recovery

    Luanda, October 16 (ANGOP) - More than USD 7 million will be spent this year by the United Nations Food and Agriculture Fund (FAO) to support the resilience recovery project in Huila provinces and Cunene.

  • Thu, 17 Oct 2019 13:14

    Studies for Luanda's surface train concluded

    Luanda - The minister of Transport, Ricardo de Abreu, announced last Wednesday, in Luanda, that studies for the conception of Luanda's surface railway transportation are concluded.

  • Thu, 17 Oct 2019 12:23

    VAT illegally charged must be reimbursed

    Luanda -The General Tax Administration (AGT) on Wednesday said it has identified some economic agents who were illegally charging the Value Added Tax (VAT) and others for alleged lack of information, who, however, will be forced to reimburse the money.

  • Thu, 17 Oct 2019 10:26

    "Tax free" might be possible for 2022

    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.