Under the terms of Law 10 / 18, of 26 of June - Of Private Investment (hereinafter referred to as abbreviation "LPI"), Private Investment can be done in three ways:
(I) through financial resources;
(Ii) equipment or machinery; and
(Iii) Incorporation of technology or knowledge susceptible of pecuniary evaluation.
If, in relation to the first two forms, there are no doubts about the regulatory framework so that they are considered under investment law, the same can not be said for the third form.
Continue reading "Specialist AO - Dr. Moses Caiaia - The problem of the pecuniary assessment of technology or knowledge consisting of investment under the terms of Law 10 / 18, of 26 June"
The fees and commissions currently levied for all transactions in foreign currency will generally be reduced within 60 days, José Lima de Massano, Governor of the National Bank of Angola (BNA), announced in Luanda.
Continue reading "BNA announces reduction of rates on foreign currency transactions"
Considering that it is important to supplement the information available to the markets, increasing its level of transparency and predictability, the National Bank of Angola announces that from April 01 2019 will disclose the global amount of currency purchases foreign currency that it makes to the market, whenever such operations occur.
It shall also disclose the weighted average exchange rate of those operations.
CONSULT LIST OF COMPANIES:
Eye Singelo, Limited
HAA3 - Trading & Provision of Services, Limited
TCHIFUATI - Comércio & Serviços (SU), Limited
O CANTINHO DA ROCHA - General Trade (SU), Limited
TININHA BG - Provision of Services (SU), Limited
SINCARE - Prestação de Serviços, SA
F. CAPENDA - Trade and Services (SU), Limited
SOMSLART - General Trade, Limited
SPORTS MEDIA - Information Dissemination (SU), Limited
Continue reading "Diário da República III Series 44 of 20 of March of 2019 (Corporate Acts)"
Presidential Decree No. 84 / 19
Summary: Approves the allocation of the Fuel Subsidy for agricultural and fishery production
Presidential Decree No. 87 / 19
Summary: Adjusts the amount of pensions from the level of compulsory social protection. - Revokes Presidential Decree No. 93 / 17 of 7 of June
Presidential Decree No. 89 / 19
Summary: Fixed for Kz: 21 454,10 the national guaranteed minimum wage only. - Revokes Presidential Decree No. 91 / 17 of 7 of June
Continue reading "Diário da República 1st Series 38 21 March 2019"
The Angolan Attorney General's Office said yesterday that the State has recovered 3.300 million (2.870 million) from the Sovereign Fund of Angola under the management of the Swiss-Angolan businessman Jean-Claude Bastos de Morais and his company.
A statement from the Attorney General's Office, which Lusa agency had access to, reports that the amounts were recovered as part of the activities of the National Asset Recovery Service, which resulted in the recovery of all financial and non-financial assets of the Sovereign Security Fund. Angola.
Continue reading "Angola has recovered 3.300 million dollars from the Sovereign Fund"