Business

Information technology increases tax revenue in Angola

The introduction of information technology in the Angolan tax system has allowed non-oil tax revenue to increase by 18% in the first half to 898 billion kwanzas, the president of the General Tax Administration (AGT) said in Luanda. ...Read More

Global Petroleum finds silver lining in Tullow’s dry well

Global Petroleum Limited, an oil company focused on exploration in Namibia, is not discouraged by the recent dry well drilled by Tullow near Global’s assets. In fact, Global is encouraged by the result, as the well showed traces of hydrocarbons. ...Read More

Namibian finance ministry’s customs and excise officials graduate

Windhoek – Fifty-nine customs and excise officials in the Ministry of Finance received their qualifications from Charles Sturt University in Australia here on Monday. ...Read More

Eco receives environment clearance to drill PEL 30 offshore Namibia

Eco (Atlantic) Oil & Gas Ltd, an oil exploration-focused company with licences in offshore Guyana and Namibia, has received the necessary final environmental clearance certificate to drill an exploration well on this highly prospective block from the Namibia Ministry of Environment and Tourism. ...Read More

Airlines continue to have retained revenues in Angola

Angola is the third country in the world where most airline revenues are held because of the inability to obtain foreign exchange to repatriate them, the International Air Transport Association (IATA) has said. ...Read More

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