Regulator fines Banco Angolano de Investimentos 20 thousand euros
The National Bank of Angola has fined Banco Angolano de Investimentos (BAI) 15 million kwanzas (about 20,000 euros) for violating consumer protection standards for financial […]
kwanzas
Angolan Government admits reduction of IRT to compensate for end of fuel subsidy
The Angolan government is studying the possibility of reducing the Labor Income Tax (IRT) to cope with the withdrawal of the fuel subsidy, whose gradual […]
Angolan Minister rejects external pressure to reduce fuel subsidy
The Angolan Finance Minister on Thursday rejected any external pressure to reduce the subsidy on fuel, a measure that the International Monetary Fund (IMF) had […]
Angolan tax authorities collected 5.3 thousand ME with VAT implementation since 2019
The General Tax Administration (AGT) has collected three trillion kwanzas (5.3 billion euros) in Value Added Tax (VAT) since its implementation began in 2019, an […]
Angolan budget for 2023 to be approved in full on 13 February
The proposal for the Angolan General State Budget (OGE) for the 2023 financial year will go to a final vote in the National Assembly on […]
Angolan financial institutions sanctioned in 684 thousand euros by the end of 2022
The Angolan central bank concluded 118 sanctioning processes in banking and non-banking financial institutions in the last quarter of 2022, amounting to 372.4 million kwanzas […]
Angola cashed in one billion euros in three years with privatizations
The Angolan government has collected, since 2019, 567 billion kwanzas (1 billion euros) from the privatization of 96 assets, under the Privatization Programme (Propriv), which […]
Angolan government appraised the proposal of the GSB for 2023 of 38.3 billion euros
The Angolan Council of Ministers on Thursday appreciated the proposal of the General State Budget (GSB) 2023, with revenues and expenses estimated at 20.1 trillion […]
Angola: PR approves additional credit of 5ME for repair and maintenance of parliament
The Angolan President approved the opening of an additional supplementary credit in the amount of 2.7 billion kwanzas (5 million euros) for the repair and […]
Angola: President authorizes expenditure of 35.2 million Euros for demining services
Angolan President authorized the expenditure of 16.5 billion kwanzas (35.2 million euros) for demining services on access roads and geological and geophysical sampling areas in […]