Sunday 20 August 2017
(Reuters 07/28/17)
The European Union has scrapped plans to observe elections in Angola next month, after Luanda failed to agree to a package of conditions, including access to all parts of the country during the poll, an EU spokesperson said on Friday. The EU expects instead to send a smaller team of experts to assess the elections on Aug. 23, but the team will consist of no more than five people and will not provide an in-depth account of the electoral process. "Notwithstanding positive discussions with the Angolan side, the conditions for deployment in accordance with our methodology have not been met, therefore the EU will not deploy an Electoral Observation Mission," a spokesman for the EU's mission in Angola told Reuters...
(Reuters (Eng) 07/28/17)
Barclays reported a 1.2 billion pound ($1.57 billion)attributable first half loss on Friday after taking a 2.5 billion pound hit from the sale of its Africa business and calling an end to its restructuring. The British bank said it had made a 1.4 billion pound loss on the sale of 33 percent of Barclays Africa Group, and took a further 1.1 billion pound impairment charge on the sale. Barclays in June cut its stake in Barclays Africa Group to 15 percent, ending more than 90 years as a major presence in the continent as it shifts its focus back to Britain and the United States. The losses from the sale of unwanted assets including the Africa business showed the costs...
(Reuters 07/27/17)
WASHINGTON (Reuters) - Oil company Halliburton Co will pay $29.2 million to settle civil charges it violated federal anti-bribery rules related to books, record-keeping and internal accounting controls while doing business in Angola, U.S. regulators said on Thursday. The Securities and Exchange Commission said Halliburton's former vice president, Jeannot Lorenz, separately agreed to pay a $75,000 penalty in connection with the alleged violations of the Foreign Corrupt Practices Act. Both the company and Lorenz are settling the case without admitting or denying the allegations. In a statement, Halliburton said the Justice Department had also investigated the matter and was planning to close it out without filing related criminal charges.
(Angola Press(En) 07/27/17)
At least USD 13.9 million have been released by the United States for relief aid to the refugees from the neighbouring Democratic Republic of the Congo based in Angola. This was disclosed Wednesday in Luanda by the US ambassador to Angola, Helen La Lime. According to the US diplomat, the above fund was meant to finance the offices of the High Commissioner for Refugees and the World Food Programme, and enable them to secure food, water, healthcare and shelter for thousands of DRC refugees. Speaking at a press conference, Helen La Lime said this aid is a response to a UN call of June this year for Usd 65.5 million to assist the DRC refugees in Angola until the end...
(Angola Press(En) 07/27/17)
At least 10.150 kwanzas is the amount collected during the cattle auction held on Tuesday in Cahama municipality in Cunene province, aimed at facilitating the breeders in the process of sale of animals. The information was provided to Angop by the coordinator of the event, Augusto Quipuko, noting that of the 11 lots exposed, four were auctioned. This included races such as Brahamen, White, Mix, Bousmara Santa Gertudis, Simba, Zebu and nationals. The auctioned cattle will be used for breeding, providing new jobs and income for families. "These events, besides representing a space for regularization and exchange of experience among breeders, promote cattle breeding, domestic production and facilitate the exchange and sustenance of livestock and farm management", he said. The...
(Angola Press(En) 07/27/17)
The State-run Media have been conveying a message that allow the citizens to adopt a polite and civic attitude in the electoral process. The recognition was expressed by delegate of the Interior Ministry in south-east Cuando Cubango province Commissioner Domingos Ferreira de Andrade. The senior official of Interior Ministry said so at a meeting with representatives of MPLA, UNITA, PRS and APN parties. The event was intended to discuss the Interior Ministry's guidance on the conditions for holding the general elections. Hel advised political parties to educate their militants and sympathisers to respect for difference and the symbols of their opponents, ensuring a peaceful and favourable environment for democratic coexistence. The official warned that each citizen's vote is conscientious, and...
(AfricaNews 07/27/17)
At a time when Africa is going through a difficult situation, the blue economy is emerging as a stepping stone to relaunch the continent in the right economic direction. But this type of economy is seriously threatened by “predators” who do not hesitate to plunder resources. The “cancer of illegal fishing” costs Africa about $ 1.6 million annually based on Economic Commission for Africa’s estimates. This and more on this week’s edition segment on Business on the Morning Call with Jean David Mihamle.
(New Era 07/26/17)
Angola has promised to honour its outstanding N$2.6 billion financial obligations to Namibia in a 2015 currency conversion agreement that saw Angola unable to pay over on time the billions owed to Namibia. The governor of Angola's central bank, Banco Naçional de Angola (BNA), Valter Filipe da Silva, promised President Hage Geingob that despite the ongoing economic challenges facing his country, Angola would continue to honour its repayment schedule. Accordimg to Bank of Namibia deputy governor Ebson Uanguta, BoN received about US$51 million (approximately N$661 million) from the BNA last week.
(Dw-World 07/26/17)
Campaigns for the August presidential election in Angola have begun. The poll will mark the end of the 38-year rule of President Jose Eduardo dos Santos who is not running for reelection. Jose Eduardo dos Santos is, after Equatorial Guinea's longtime leader Teodoro Obiang Nguema, Africa's longest serving president. He came to power almost four decades ago in 1979 when Angola had been independent for just four years. A civil war was raging between the ruling People's Movement for the Liberation of Angola (MPLA) party and two other liberation movements, UNITA and FNLA. Elections only took place in 1992. They were won - like all those which followed - by dos Santos and his party. The opposition may criticise irregularities...
(Angola Press(En) 07/26/17)
The governor of the central Huambo Province, João Baptista Kussumua, last Sunday appealed to the political forces participating in the electoral process that will culminate with casting of ballot on 23 August, this year, to make patriotism prevail over political differences. Speaking at an ecumenical religious service, held in support of a successful electoral process, the Huambo governor stressed that regardless of who ends up winning the election, Angolans need to continue to live together in an environment of peace, concord and progress. He emphasised that for the materialisation of such goal, churches have the mission to keep reconciling Angolans. He also called on the contesting political forces to conduct their electoral campaigns under the banner of fraternity and patriotic...
(AFP (eng) 07/25/17)
Angolan presidential candidate Joao Lourenco, who appears set to win next month's election, launched his campaign on Tuesday with a speech vowing to tackle corruption and spread wealth. Defence minister Lourenco, 63, is the chosen successor of President Jose Eduardo dos Santos, whose decision to not contest the August 23 vote will bring to an end his 38 years in power. "Corruption is a great evil that will not go unpunished," Lourenco told thousands of ruling MPLA party supporters in Huambo, Angola's second city. Promoting his campaign slogan "Improve what is good, correct what is wrong", he also promised to distribute "national wealth more equally" and to improve the business climate. Dos Santos's rule has seen the end of civil...
(AfricaNews 07/25/17)
Angola has deported 300 Congolese illegal immigrants living in the northern province of Cabinda over the past week. According to the Angolan news agency Angop, the deportees were repatriated through three borders shared with the Democratic Republic of Congo and Congo Brazzaville. Also, 54 nationals of the DR Congo and 8 from Congo Brazzaville are in detention for violation of the Angolan border, the report added. On Friday, the director of the Migration and Foreigners Service (SME) in Cabinda, Firmino de Jesus Samavie ordered illegal immigrants to leave Cabinda immediately or face the penalty. He also warned Angolans against harbouring illegal immigrants and appealed to employers to either desist from offering jobs to illegal...
(Voice of America 07/25/17)
Three African nations are holding major elections in August: oil giant Angola, East African powerhouse Kenya and tiny, rapidly developing Rwanda. Campaigning is under way in all three nations ahead of these votes. While these nations are geographically, politically and economically very different, analysts say each of these polls could be a turning point for their nation. Rwanda First up is tiny, landlocked Rwanda, which will vote August 3-4. Again, the undisputed favorite is the longtime president, who has ruled since the end of the tiny nation’s horrific 1994 genocide. Even the head of the European Union electoral commission said to VOA in May, “I think you would not lose any money if you bet on Mr. Paul Kagame.” Senior...
(Voice of America 07/25/17)
European and African ministers are meeting in Tunisia about efforts to regulate the flow of refugees from Africa to Europe, primarily along the deadly central Mediterranean route originating in Libya. In a declaration Monday in Tunis, the capital, the ministers said they agreed on a multi-pronged approach to the crisis, including informing people about the risks of illegal migration and the possibility of voluntarily returning home, addressing why migrants leave home and beefing up actions against human traffickers. Participating in the meetings were interior ministers from Algeria, Austria, Chad, Egypt, France, Germany, Italy, Libya, Mali, Malta, Niger, Slovenia, Switzerland, Tunisia and Estonia, which currently holds the EU Council presidency. Through the first half of 2017, nearly 84,000 migrants arrived in...
(AFP (eng) 07/21/17)
Angola's parliament passed a law on Friday that will drastically limit the powers of the country's future presidents in matters of security and defence. The law will only apply to successors of the current head of state, President Jose Eduardo dos Santos, who has enjoyed unfettered control of Angola's sprawling military and security institutions since taking power in 1979. Supported by a large majority of lawmakers, the new bill sets out limited circumstances in which the powerful officials can be removed -- including instances...
(AFP (eng) 07/21/17)
The 2019 Africa Cup of Nations will expand from 16 to 24 teams and be staged in June and July, the Confederation of African Football (CAF) announced on Thursday. The tournament has traditionally been held in January and February, with the timing of the tournament a source of frustration to European clubs forced to release players in the middle of the season. The CAF executive committee confirmed the changes to the format following a two-day symposium in Rabat, although the tournament will continue to be held every two years and exclusively on African soil. The decision to increase the number of teams mirrors a similar one taken by UEFA to expand the European Championship, with 24 nations taking part at...
(AFP (eng) 07/20/17)
Angolan President Jose Eduardo dos Santos has returned from Spain more than two weeks after he left the country on a "private visit", the presidency said Thursday, as rumours of ill health swirl. The 74-year-old leader, who has been in power since 1979, had left on July 3, five weeks after a month-long stay in Barcelona for medical tests. The nature of his health problems has not been made public, and earlier this year his daughter Isabel dos Santos denied rumours that he had died while in Spain. Dos Santos "returned from Spain on a private visit" along with his wife Ana Paula dos Santos Wednesday and was met at an airbase by the vice president and other officials, the...
(Reuters (Eng) 07/20/17)
JOHANNESBURG (Reuters) - Africa's major central banks are entering an easing cycle as they try to stimulate growth after months of drought, austerity drives and confidence issues across the continent, a Reuters poll found on Thursday. Much of southern and eastern Africa is still recovering after an El Niño-related drought wilted crops last year. Poor business confidence in South Africa and foreign exchange restrictions in Nigeria have also hampered growth. "We expect that African monetary policy is entering a widespread and protracted period of policy easing. This will provide a boost to growth," said John Ashbourne, Africa analyst at Capital Economics. Ghana, which agreed a three-year fiscal discipline deal with the International Monetary Fund in exchange for aid in 2015,...
(Bloomberg 07/19/17)
Vodacom Group Ltd. sees the expansion of mobile-banking services into new markets in sub-Saharan Africa as a top priority following a shareholder vote to rubber stamp its purchase of a 35 percent stake in Safaricom Ltd., Kenya’s biggest company. “We will use Safaricom to enter other markets where neither Vodacom nor Safaricom are,” Chief Executive Officer Shameel Joosub said in an interview at the wireless carrier’s annual general meeting in Johannesburg on Tuesday. The two businesses have a combined 30 million mobile-banking customers, giving them “a very sizeable platform on the continent,” he said. Vodacom’s purchase of the Safaricom stake from U.K. parent company Vodafone Group Plc gives the South African company access to the fast-growing M-Pesa platform, which processed...
(Angola Press(En) 07/18/17)
Two agreements, namely on the establishment of the France Development Agency (AFD) in Angola and another one relating to the financing of water projects, were signed last Friday, in Luanda. The first agreement was signed by the Finance minister, Archer Mangueira, and by the French ambassador, Silvain Itté. This agreement is aimed at enabling the AFD to officially in Angola and work in financing projects linked to the areas of waters, energy and agriculture. The second agreement was signed by minister Archer Mangueira and the resident representative of the World Bank in Angola, Clara de Sousa, as well as the director of the France Development Agency (AFD), Martha Stein- Scochas. In the ambit of the agreement, France will finance water...

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