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Tag Archives: Luanda

‘You had to pay’: Angola’s deep-seated corruption legacy

Luanda, Angola | AFP |¬†Entrepreneur Antonio Almeida has learned to navigate around the potholes of doing business in Angola. Since launching his business two decades ago, the 44-year-old has opened seven luxury clothing stores, a customs brokerage firm and a suburban shopping centre in the capital Luanda. Along the way …

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Museveni signs Uganda-Rwanda pact

Cross border activities to resume as Uganda, Rwanda sign pact Luanda, Angola | THE INDEPENDENT | President Yoweri Museveni has thanked his Angolan counterpart, Joao Manuel Lourenco, for overseeing a reinforcement process that has culminated into Uganda and Rwanda signing a pact to improve their political and economic relations. The …

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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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