Saturday 21 April 2018
(Angola Press(En) 09/20/17)
Luanda - The President of the Republic, José Eduardo dos Santos, returned Tuesday afternoon to the country's capital, after paying a working visit to the south-eastern Cuando Cubango province, where he inaugurated the Memorial to the Victory of the Cuito Cuanavale Battle. At Luanda’s “4 de Fevereiro” International Airport, the Angolan Head of State was welcomed by the Vice-president of the Republic, Manuel Vicente, provincial governor of Luanda, Higino Carneiro and distinguished members of the Executive. built in honor of the fighters who fought and defended this locality against the occupation of the then apartheid regime, the memorial symbolises the heroic resistance of the Angolan combatants against the South African armed forces invasion, at the time of the apartheid regime...
(Macauhub 09/19/17)
Angolan company Lisa Pulsares will start producing mobile phones in a factory due to be inaugurated in 2018 that will have the capacity to manufacture 6 million units per year under an investment contract signed in Luanda on Friday, Angolan news agency Angop reported. The project approved by the Technical Unit for Private Investment (UTIP) involves an investment of US$8.5 million, and the mobile phones will be produced in the Luanda plant from components partially assembled in Hong Kong and finished in Angola. The company’s managers intend, in a second phase, to start producing tablets, according to the investment contract signed with the UTIP, which grants the company a number of tax benefits. On Friday the UTIP signed six contracts...
(Macauhub 09/19/17)
Chinese state-owned company RSI Su, Lda is building 200 tilapia tanks in the Barra do Dande district of Angola’s Bengo province, the company’s spokesperson told Angolan news agency Angop. Pedro Panzo also said that this project represents an investment of US$1 million and the production will be sold both in the province and in other parts of Angola. The spokesman said that the company had already purchased enough fish food to launch the business, which requires tank construction to be completed, but it plans to produce fish food locally at a later date. Tilapia is the name given to various species of freshwater fish, which are naturally occuring in Africa and are now produced in many places in South America...
(Angola Press(En) 09/19/17)
President José Eduardo dos Santos left Tuesday morning for the south-eastern Cuando Cubango Province, where he will inaugurate the memorial that honours the bravery of those that fought in the renowned 1988 Cuito Cuanavale Battle against the then apartheid forces of South Africa. The Head of State was bid farewell by several members of his Executive, with highlight on the Vice President of the Republic, Manuel Domingos Vicente. The Cuito Cuanavale Battle was a decisive turning point in the war that was going on for many years. The reference date in the military confrontation between the then People's Armed Forces for the Liberation of Angola (FAPLA) and the invading South African forces is 23 March, 1988. The FAPLA, supported by...
(Macauhub 09/19/17)
The Sovereign Fund of Angola has so far invested US$4.2 million of an initial estimate of US$20 million in the Pedras Negras Farm, said the public relations director of Quantum Global Group, the management company of the farm located in the municipality of Cacuso, Malanje province. Reginalda Pedro also said that the investment of the Sovereign Fund began in 2016, and the funds were used to buy equipment and production factors, “which will contribute to the production and processing of grains, such as sorghum (known as mapira in Mozambique), soy and corn into flour and animal feed.” The company’s public relations director reported that 3,500 hectares are currently being prepared for maize sowing, 900 hectares for sorghum and 500 hectares...
(AFP (eng) 09/18/17)
The leading opposition party in Angola said Saturday its lawmakers would take their seats in parliament, withdrawing a threat to boycott the assembly to protest last month's election outcome. The National Union for the Total Independence of Angola (UNITA), which won 27 percent of the vote, also said it was dropping its call for supporters to take to the streets against the vote that kept the country's ruling MPLA party in power. "We will sit in parliament in order to continue the democratic struggle within and outside of our institutions," UNITA head Isaias Samakuva said at a press conference in Viana, a suburb of the capital Luanda. "Are we going to allow others to be alone at the National Assembly.....
(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop is undoubtedly the cause of this problem. But cocoa farming could also provide the solution. Recently, I was in Ivory Coast for the African Green Revolution Forum (AGRF) in Abidjan. It united many different parties – governments, the UN’s Food...
(Bloomberg 09/15/17)
Societe Generale SA, challenged on its home turf by Orange SA’s push into banking, is fighting back with a new mobile lender in Africa. The French lender started YUP, a new app for smartphones, in Senegal and Ivory Coast and plans to begin operating in four other sub-Saharan countries this year and next, the company said on Thursday. The bank aims to double its client base to 2 million in the region within three years. “Telcos have opened the way and they’ve gotten ahead,” Alexandre Maymat, who oversees Societe Generale’s operations in French-speaking Africa, said at a press briefing. “We’re catching up” by redefining the retail strategy and providing a broader offering than telephone companies. Chief Executive Officer Frederic Oudea...
(AFP (eng) 09/14/17)
Angola's constitutional court on Wednesday upheld the ruling party's landslide win in last month's election which will usher in the MPLA's fourth decade in power and rejected opposition claims the poll was flawed. The ruling Popular Movement for the Liberation of Angola won 61.7 percent of the vote, and 150 of the 220 seats in parliament, the country's electoral commission said in its final results. President Jose Eduardo Dos Santos, 75, who has ruled since 1979 and is reportedly in poor health, will hand over to former...
(Xinhuanet 09/13/17)
In an effort to promote economic development and solve complex conservation challenges facing world heritage sites, the African World Heritage Fund Patron and former President of Namibia Hifikepunye Pohamba will host a business leader's breakfast event in Namibian Capital, Windhoek on Thursday. The African World Heritage Fund is an initiative of the African Member States of the African Union and UNESCO, launched in 2006. Webber Ndoro, executive director of the African World Heritage Fund, at a media briefing on Tuesday in Windhoek said that the aim of the event is to promote a holistic private sector engagement, raise a sense of ownership and accountability for heritage protection as well as transmission of World Heritage sites in Namibia and Africa. "To...
(Reuters (Eng) 09/12/17)
Olympic boxing’s governing body, AIBA, has banned African confederation head Kelani Bayor for three years for allegedly provoking the crowd at the continental championships in Brazzaville last June. Bayor is an AIBA vice-president and executive committee member as well as chairman of Togo’s national Olympic committee. “The Disciplinary Commission found that a hostile and threatening reaction to AIBA officials by spectators after the result of a bout on the last day of the competition was exacerbated by comments from Mr Bayor,” AIBA said in a statement on Monday. It found Bayor had “committed serious and unacceptable violations of the AIBA Disciplinary Code” at the tournament in Congo Republic. AIBA said the ban was from all boxing activities and responsibilities and...
(Bloomberg 09/11/17)
The South African companies that dominate the U.K.’s growing private hospital industry are counting on more people like Katie Corrie. A children’s party entertainer, Corrie opted to use 13,000 pounds ($17,000) of her savings and inheritance to get a hip replacement rather than spend months on a National Health Service waiting list. Britons like her are forking out almost 1 billion pounds a year to cover their own medical expenses, a trend that’s giving at least one industry the scope to look past Brexit turmoil. “Even if I hadn’t had the money put aside, I would have found a way to pay for it,” said Corrie, 50, who estimates the business she runs with her husband would have lost 10,000...
(AFP (eng) 09/09/17)
Three Angolan opposition parties on Friday filed a complaint against the outcome of nationwide elections on August 23 that asserted the 42-year grip of the ruling MPLA party. Representatives from the National Union for the Total Independence of Angola (UNITA) and two smaller parties, the FNLA and PNS, lodged a request at the Constitutional Court in Luanda for the results to be overturned, AFP reporters saw. A fourth party, Casa-CE, will follow suit on Saturday, party officials said. UNITA campaign manager Ruben Sikato said electoral laws had been breached in 15 out of the country's 18 provinces. "We will recount votes, polling station by polling station, to establish the truth of the ballot box," he told reporters. On Wednesday, the...
(Xinhuanet 09/08/17)
Communication ministers from the Southern Development Community (SADC) countries vowed on Thursday to turn the region into an information and knowledge-based economy. This emerged from a ICT (information and communication technology) meeting taking place in Durban, a coastal city in southeastern South Africa. Communication ministers from 15 SADC countries have been meeting in Durban since Monday to discuss the region's ICT infrastructure. The meeting, also attended by policy regulators, implementing agencies and ICT industry players, was designed to help create a more integrated region and help move its communication systems forward. "An accessible, affordable and reliable telecommunications is essential for us to benefit from the Fourth Industrial Revolution which has the potential to leapfrog SADC region economically and socially as...
(APA 09/08/17)
Deprivation and marginalization, underpinned by weak governance, are primary forces driving young Africans into violent extremism, according to a comprehensive new study by the United Nations Development Programme (UNDP), the first study of its kind. Based on interviews with 495 voluntary recruits to extremist organizations such as Al-Shabaab and Boko Haram, the new study also found that it is often perceived state violence or abuse of power that provides the final tipping point for the decision to join an extremist group. “Journey to Extremism in Africa: Drivers, Incentives and the Tipping Point for Recruitment” presents the results of a two-year UNDP Africa study on recruitment in the most prominent extremist groups in Africa. The study reveals a picture of a...
(Voice of America 09/07/17)
Angola's first new president in decades has a big job ahead of him: He inherits a nation mired in recession, plagued with corruption, and home to some of the worst income inequality seen anywhere in the world. Worse still, the falling price of oil — the nation's main cash cow — means that president-elect Joao Lourenco has limited means to dig his nation out of this difficult situation. He also starts this historic epoch in Angolan history with a credibility issue, after four of the five opposition parties challenged the official results, saying they performed better than official results indicate. However, no one disputes that Lourenco's party, the Popular Movement for the Liberation of Angola, won the largest share of...
(Reuters (Eng) 09/07/17)
Angola’s ruling MPLA party has won a general election by taking 61.07 percent of the vote, the electoral commission said on Wednesday, making João Lourenço the next president of sub-Saharan Africa’s third-largest economy. He will replace Jose Eduardo dos Santos, who steps down after 38 years at the helm but will continue as head of the People’s Movement for the Liberation of Angola (MPLA). The main opposition National Union for the Total Independence of Angola (UNITA) took 26.67 percent, with the smaller opposition party CASA-CE winning 9.44 percent. “Mission accomplished,” Lourenço told supporters at his party’s headquarters in Luanda. “We’ll produce a better future for the country and the people of Angola,” he said in his first comments as president-elect...
(AFP (eng) 09/07/17)
Angola's Electoral Commission declared Wednesday that the ruling MPLA party had won last month's election, in a victory that allows outgoing President Jose Eduardo dos Santos to install a party loyalist in his place after 38 years in power. The Popular Movement for the Liberation of Angola (MPLA) garnered 61.7 percent of the vote, and a majority of 150 of the 220 seats in parliament, the head of the electoral commission, Andre da Silva Neto, said in announcing the final results. Dos Santos, 75, who has ruled since 1979 and is reportedly in poor health, will hand over to former defence minister Joao Lourenco at the presidential inauguration on September 25. The opposition National Union for the Total Independence of...
(Bloomberg 09/07/17)
African Rainbow Minerals Ltd., the miner chaired by South Africa’s richest black businessman, will pay a record dividend this year as rising iron-ore and manganese prices boosted earnings at its ferrous unit. ARM will pay investors 6.50 rand a share, almost triple that of the previous year, and its 11th consecutive dividend, the Johannesburg-based company said in a statement Thursday. The company benefited from a 45 percent increase in prices received for exported iron ore and 93 percent more for its manganese. While ARM is “confident in the long-term outlook for commodities,” the company said prices will “remain volatile” this year. The rand, in which ARM pays most of its costs, has strengthened against the dollar this year, reducing earnings...
( The Southern Times 09/05/17)
On 23 August, millions of voters in oil-rich Angola went to the polls in historic general elections in which they decided to extend the MPLA’s 42-year rule with five more years. In a definite fashion, 61.1 percent of the electorate voted for the ruling party, the People’s Movement for the Liberation of Angola (MPLA). The leading opposition party, the National Union for the Total Independence of Angola (UNITA) came second with 26, 71 percent, followed by the CASA-CE coalition with 9.46 percent. Despite the clean sweep for the former liberation movement with 150 seats in the 220 parliament, last week’s elections have exposed the MPLA’s continuous waning of its stranglehold on Angolan politics. Since the 2012 elections the MPLA has...

Pages