The satellite television operator, which results from a partnership between Isabel dos Santos, which holds 70 percent, and NOS, with 30 percent, is one of the companies controlled by the daughter of former President José Eduardo dos Santos, included in the preventive seizure decreed, in December, by the Luanda court, at the request of the State.
The court's decision involved the seizure of Isabel dos Santos' accounts and holdings in several Angolan companies, some of which were more vulnerable, after the freezing of the main shareholder's bank accounts. This is the case of the Sodiba brewer, which has publicly assumed that its business plan may be compromised and only has resources to operate until March.
In the case of ZAP, the activity continues to take place "with all normality", according to a source contacted by Lusa. "ZAP does not feel financial constraints of any kind", said the same source, according to which the operation is sustainable "and the operator" has resources that make it independent from shareholders and banks".
The company, he said, has been “developing work” with suppliers, customers and other ‘stakeholders’ to minimize the impact of “media noise”.
The Lusa agency also questioned the Condis group, which owns the Candando hypermarkets (with 90 percent of the capital belonging to Isabel dos Santos and 7 percent to her husband, Sindika Dokolo) and the telecommunications operator Unitel (where the businesswoman holds a stake) 25 percent) on the consequences of the freezing of the accounts of José Eduardo dos Santos' daughter for the respective companies, without getting a timely response.
The court's list also includes holdings by Isabel dos Santos in BIC (25 percent), Banco de Fomento Angola (51 percent, through Unitel), as well as the businesswoman and Sindika Dokolo in the Cimangola cement company.
