Economy
Highlights
CEO of Recredit: judicial delays hinder company recovery in Angola
The chairman of the board of directors of Recredit Angola complained this Thursday about the slowness of the courts in resolving processes for the recovery of companies and insolvency, and said that bad bank loans are a “significant burden” on the...
Bad debt in banks requires urgent recovery mechanisms, says Government
The Government said this Thursday that almost 20 percent of bank credit in Angola is in default, considering that the current situation makes it urgent to consolidate effective recovery and restructuring mechanisms.
Bodiva sets new record for amount traded on the secondary market
The Angolan Debt and Securities Exchange (Bodiva) announced this Wednesday the registration of a new record for the amount traded on the secondary market, which totaled 291.9 billion kwanzas in a single session.
