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Economy

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Economy

Participants prepare final details for the 11th edition of the Banana Fair, which opens its doors this Friday

The day before the start of the 11th edition of the Banana Fair was marked by the preparation of the final details, so that the three days of the event ran smoothly. The fair, which opened its doors this Friday, will take place at the Panguila...

Economy

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...

Economy

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.

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