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Tag Archives: angola

Angola’s Luanda pips Hong Kong as costliest city

Paris, France | AFP |  Angola’s capital Luanda has overtaken Hong Kong to become the costliest city in the world for expats, Mercer’s annual survey said Wednesday. Dethroned last year by the Chinese city, Luanda regained the dubious honour despite the depreciation of the local kwanza currency against the dollar, …

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Angola President Dos Santos to step down after 37 years

Luanda, Angola | AFP |  Veteran Angolan President Jose Eduardo dos Santos announced Friday he will not run in August elections, signalling the end to 37 years in power and naming his defence minister as the candidate to succeed him. The autocratic 74-year-old has been the oil-rich country’s president since …

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Dos Santos daughter cleared to head Angola oil giant

Luanda, Angola | AFP |  Angolan President Jose Eduardo dos Santos’s daughter, reportedly Africa’s richest woman, has been cleared to head the national oil company Sonangol, after a court rejected a legal challenge. Isabel dos Santos was put in charge of Sonangol in June in a move some analysts said …

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ANGOLA: 40 years of total control

How the reign of Dos Santos shaped Angola Angolans endured a bloody civil war and extreme poverty as for nearly 40 years power rested solely in the hands of autocratic President Jose Eduardo dos Santos.  State radio’s announcement that he will stand down next year appears to be the beginning …

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