Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

BNA decided to increase the coefficient of mandatory reserves in foreign currency, from 17% to 22%;
The BNA Governor announced that the transport, culture, sports, education, catering, hospitality and tourism sectors will benefit from additional moratoria on the payment of loans from banques;
IGAPE opened last Friday a tender limited by previous qualification to sell the 51% public stake in Net One – Telecomunicações;
The Government intends to legalize the export of oil derivates, in order to mitigate the smuggling of fuels at the borders.

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BFA

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