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Economy

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Economy

Government approves regulation to create free zones

The Economic Commission of the Council of Ministers approved the regulation of the Free Zones Law, an investment support instrument that aims to guarantee a “simplified and operational environment” for investors.

Economy

Sonangol and Endiama will be partially privatized by 2022, says finance minister

The Government will disperse part of the oil and diamond companies Sonangol and Endiama in the stock market in 2021 or early 2022, said Finance Minister Vera Daves de Sousa this Tuesday.

Economy

Pandemic and economic crisis created “perfect storm” in Angola

The crisis caused by the covid-19 pandemic associated with the economic crisis, which already affected the country, created a "perfect storm" that will delay the recovery, said the president of the Economic and Social Council this Monday.