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Economy

  • Angola to gain first digital bank this year
    Fri, 24 Jan 2020 08:59

    Angola to gain first digital bank this year

    Luanda - The first Angolan digital bank, called DUbank Angola, with an initial investment estimated at USD 12 million, might be inaugurated in the first quarter of this year, revealed last Thursday its Executive Director, Sérgio Hirose.

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  • Thu, 23 Jan 2020 20:19

    Ministry wants more investments in national products

    Malanje - The Secretary of State for Commerce, Amadeu Nunes, today asked the heads of the large commercial establishments in Malanje, to invest more in national products, in order to make a greater contribution to the country's development.

  • Wed, 22 Jan 2020 11:58

    Angolan Finance minister presents Privatization Programme in Davos

    Davos - Angola's Finance minister, Vera Daves de Sousa, presented on Tuesday to international investors at the World Economic Forum in Davos, Switzerland, the country’s Privatization Programme (Propriv), whose aim is to privatize 195 companies.

  • Mon, 20 Jan 2020 09:44

    Angola at World Economic Forum in Davos, Switzerland

    Luanda - An Angolan delegation, led by the minister of Finance, Vera Daves de Sousa, is to arrive this Monday, in Zurich, to participate in the 50th World Economic Forum Annual Meeting, which takes place on Jan 21 to 24 in the City of Davos, Switzerland.

  • Sun, 19 Jan 2020 13:55

    Finance wants to prevent tax risk in local powers

    Luanda - The Ministry of Finance will work to prevent the local authorities' financing model from functioning as a new source of fiscal risk, having as an accelerating effect the stock of public debt, the Secretary of State for Finance and Treasury, Osvaldo João, said on Saturday.

  • Thu, 16 Jan 2020 14:05

    Book on Informal Economy to be released

    Luanda - A book entitled “The Power of Informal Economy” by the Angolan economist Juliana Evangelista Ferraz will be released on January 30 this year.

  • Tue, 14 Jan 2020 20:24

    Endiama to privatize Diamante Hotel and Enditrade

    Luanda - Luanda's Diamond Hotel and Enditrade will be privatized this year, announced the Endiama EP Group's CEO, José Manuel Ganga.

  • Fri, 10 Jan 2020 15:58

    Citizens may buy as much as USD 120,000/year

    Luanda - Angolan citizens may buy foreign currency worth as much as USD 120,000 a year for travel expenses, unilateral transfers of a private nature, including family support, according to a press release from National Bank of Angola (BNA).

  • Fri, 10 Jan 2020 10:31

    Private schools warned against raising fees

    Luanda - Private educational institutions which raise the tuition fees unilaterally will face civil and criminal accountability, warned last Thursday the National Institute of Consumer Protection (INADEC).