[Sasha Planting] Angola is shaping up as the next battle ground in Africa's beer wars. With an estimated GDP per capita of almost US$5200 in 2008, Angolan consumers are now richer than their regional counterparts — though wealth is unevenly distributed. 19 Jan 2010 10:10
LONDON, PORTO: Diageo and Unicer yesterday, 30 November 2009, announced their partnership in launching Guinness Original, a new variant on the brand, into the Angolan market. Guinness Original is based on the Dublin Extra Stout Original recipe. 1 Dec 2009 07:18
JOHANNESBURG: Standard Bank has been granted a banking licence in Angola. It plans to start operating as a full-service bank in Angola by mid-2010. The banking licence was granted by the Angolan Council of Ministers at the weekend. Standard Bank has been waiting for a banking licence since May 2008. 30 Nov 2009 13:02
The International Monetary Fund has drawn up a preliminary agreement with Angola to grant up to US$890 million in loans. The deal, announced on Tuesday, 29 September 2009, will help alleviate the country's immediate cash flow pressures, the IMF said. 1 Oct 2009 07:32
Over six million Angolan kwanzas (about R600,000) were made available by the Angola Development Bank (BDA), for the implementation of a project for the construction of five rural shops, in Andulo district, at 130km to the north of Kuito city, capital of the southern Bié Province. 9 Dec 2008 12:40
[Pedro de Gouveia] NossoSuper is a national chain of supermarkets which was established by the Angolan government in 2005. The government created PRESILD - The Programme fore the Restructuring of Logistics and Distribution of Essential Products to the Population. 4 Dec 2008 15:27
LUANDA: The Swedish government decided on Friday, 3 october, 2008 to open a trade office at the Swedish Embassy in Luanda. The office will be a natural part of the embassy's activities and will be run by the Swedish Trade Council. 6 Oct 2008 10:46
Intaka Tech has been awarded a contract for water purification plants to produce 78 million litres of drinking water per day, the final destination for the units being Angola. This will help the company to achieve its mission to proactively meet Africa's urgent need for clean, potable water. 1 Sep 2008 12:24
The annual average rate of growth of Angola's Gross Domestic Product (GDP) reached 15% over the last eight years, the Angolan Deputy Minister of Planning Carlos Alberto Lopes has said. 14 May 2008 11:24
Zambia and Zimbabwe have signed a bilateral agreement that will see the transformation of Chirundu into a one-stop border post - and that will reduce transit times for imports and exports through border. 12 Sep 2007 14:24
Struggling to boost its foreign currency reserves, a cash-strapped Zimbabwe government this week began charging duty in forex for imported footwear and clothing items, including underwear, we can reveal. A Zimbabwean opposition MP described the latest move as “absolutely barmy.” 13 Sep 2007 14:16
[Desmond Walters] It is business as usual for South African retailers in Zimbabwe who are keeping a positive spirit despite the economic meltdown and political uncertainty in the country. Large South African retailers, including Massmart, Edgars, OK and Pick ‘n Pay have business interests in Zimbabwe, and indicated they are not about to jump ship despite the recent spate of arrests of business executives accused of not complying with government orders to cut down prices. 25 Jul 2007 09:26