Ver Angola

Economy

Highlights

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Economy

International liquid reserves fell by 3 percent

The governor of the National Bank of Angola (BNA) said on Friday that the drop of more than 3 percent in net international reserves is still "at a comfort level" and covers eight months of imports of goods and services.

Joao Reis:

Economy

BNA Governor rejects national currency to fall uncontrolled

The governor of the National Bank of Angola (BNA) rejected that the kwanza, the national currency, is “again in a scenario of uncontrolled decline”.

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Economy

BNA provides up to 100 billion kwanzas to buy public securities from companies

The Monetary Policy Committee of the National Bank of Angola (BNA) decided to establish a liquidity line with a maximum value of 100 billion kwanzas, for the acquisition of public securities held by non-financial companies.

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Economy

BNA maintains interest rate at 15.5 per cent

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Economy

China invests five million to create "Angola's biggest shipyard"

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Economy

Standard & Poor's downgrade Angola to CCC+

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Economy

World Bank provides 15 million to Angola to help fight the pandemic

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Economy

FocusEconomics predicts 1.2 percent recession in Angola and "severe economic turbulence"

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Economy

Standard Bank: low oil prices will bring “unprecedented negative consequences”

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Economy

Electronic platform on kwanza currency exchange comes into force on April 1

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Economy

BNA criticizes banks that do not liberalize the exchange rate

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Economy

Government postpones issuance of sovereign debt until after summer

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Economy

Eaglestone: Angola loses 5.6 billion dollars in cheap oil and needs rectification

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Economy

"It will be quite difficult" Angola to come out of the economic recession this year, advises consultant

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Economy

Oil and pandemic leave Angola's budget "in the doldrums", admits Economist

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Economy

Covid-19: Capital Economics forecasts currency devaluations in Angola

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Economy

Capital Economics forecasts 3.5 percent recession in Angola

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Economy

Private investors have invested more than 900 million in Angola since August 2018

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Economy

Angola prepares to issue 3 billion dollars sovereign debt

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Economy

Chinese invest over 20 million in the meter factory. Project will create about 300 jobs

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Economy

Government wants to replace technical plants and will ask the BAD for more than 500 million to do so

: Lusa

Economy

New VAT settlement rules approved

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Economy

Covid-19 puts ProPriv ‘on hold’. Technical presentations will be made by video conference

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Economy

Kenya wants to invest in Angola. Tourism and agriculture in the Kenyans' sights

: Lusa

Economy

Covid-19: IHS Markit predicts 0.3 percent recession in Angola