Economy

Angolan private sector accounts for 81% of Social Security contributions

“The State does not employ, it creates employability policies” highlighted Anselmo Monteiro, Chairman of the INSS.

AGT collects revenue of 72.1 billion Kwanzas from Property Tax revenue

A growth of around 34% in IP and 7.2% in IVM was the balance of the fiscal year in 2024.

Angola and France sign cooperation and investment contracts worth a total of 430 million...

The Business Forum between the two States will allow for closer cooperation and investment ties between the countries.

BNA: Banks are prohibited from charging merchants a commission of more than 1% on purcha...

The value of the service commission to be charged to merchants for purchase transactions made with the Multicaixa card for amounts less than...

AGT moves forward with project that aims to reward regular taxpayers

The information was provided by the chairman of the AGT board of directors at the end of the 1st Ordinary Meeting of the Economic Committee ...

Andreia Simões leaves CMC and becomes Ottoniel Santos' consultant for Finance and Treasu...

The former Secretary of State for Finance and Treasury will receive consultancy assistance from the former president of the Capital Market C...

Banco Sol increases services available to customers with the opening of an ATM Center on...

The event was attended by the CEOs of Banco Sol and Pumangol, Osvaldo Lemos Macaia and Ivanilson Machado, respectively. Both managers cut th...

Port Company of Soyo-EP participates in the 15th APLOP Congress in Leixões

The event aims to strengthen cooperation between maritime and logistics operators in the Portuguese-speaking world, as well as to share expe...

CEO of Standard Bank Angola guarantees the institution's commitment to the UN sustainabi...

The bank has financing available for projects that aim to promote employment, education, health and social inclusion to eliminate dependence...

Deloitte ‘rejects’ Banco Económico’s accounts in technical bankruptcy and with losses of...

A new assessment is underway for the purposes of resolving the former BESA by an independent entity appointed by the BNA, which will help th...

Port Company of Soyo-EP closes 2023 with positive results

The board of directors, led by Fernando Dias, declared net profits of 1,475 million Kwanzas. But the results are not the only balance sheet ...

BNA expresses concern about low level of credit by commercial banks

Through its Financial Stability Committee (CEF), the central bank makes a critical diagnosis of the banking sector that reveals several shor...

ENSA launches Public Offering with a valuation between 15.6 and 30 billion Kz

After several dates tested for the privatization of ENSA, the State, through the State Participation Management Institute (IGAPE), is launch...

Daily withdrawal limit at ATMs increases to 120,000 compared to the usual 100,000 kwanzas

It is now possible to withdraw 60,000 kwanzas at a time from Automatic Withdrawal Machines (ATMs).

Africa Finance Corporation signs concession agreements with the governments of Angola an...

Signed yesterday at a ceremony hosted by US Secretary of State Antony J. Blinken and the government’s G-7 Partnership for Global Infrastruct...

More than 80% of the credit granted by commercial banks in August was due to a ‘push’ fr...

To date, few projects have passed the banks’ scrutiny to apply for bank financing. Up until last August, the banks released an additional 5 ...

BAD President A foreseen reinforcement in the financing to Angola with an injection of 5...

From a visit to the country, as part of the Projects Beneficiary Projects of the Financing of that African institution, Akinwumi Adhesina pr...

Angola earns over 550 million Kz from diamond sales

A report on diamond activity in the country, presented in Luanda, shows that the production of this mineral, in the period in question, repr...

Volume of foreign currency purchased by commercial banks increases by 29.3% to USD 5,076...

All told, the oil sector topped the list of foreign currency offerings to commercial banks, providing a total of USD 2.1 billion, followed b...

Executive announces 500 million dollars of financing for the water sector

Through the Ministry of Energy and Water, the Government says it has a financial envelope available to accelerate projects in the water sect...