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Category: Governance

Local Governance News

SADC Summit 2024: President Lourenço Reviews Progress as Angola Passes Chair to Zimbabwe

On August 17, 2024, President João Manuel Gonçalves Lourenço of Angola, the outgoing Chairperson of the Southern African Development Community (SADC), delivered a significant address at the 44th SADC Summit of Heads of State and Government in Harare, Zimbabwe. President Lourenço underscored the notable progress in industrialization, regional integration, and peacekeeping efforts, while also addressing the challenges that lie ahead. The summit brought together the region’s top leaders to reflect on achievements, tackle current issues,

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Local Governance News

President Lourenco Explores Business Opportunities in South Korea

The President of the Republic embarked on a two-day journey to South Korea this Monday, delving into discussions about business prospects in Angola, particularly focusing on the abundance of strategic minerals coveted by the Korean electronics industry. During his visit to the Korean parliament, João Lourenço engaged in dialogues with Kim Jin-pyo, the president of the National Assembly, regarding the challenges of industrialization. He emphasized a range of resources pivotal to bilateral relations, notably the

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International Governance News

Egypt Reaffirms Commitment to Strengthening Ties with South Sudan

Egypt’s Prime Minister Mostafa Madbouly recently met with the country’s foreign affairs and water ministers to discuss efforts to enhance cooperation with South Sudan. The meeting included Minister of Foreign Affairs Sameh Shoukry, Minister of Water Resources and Irrigation Hani Sweilam and Assistant Minister of Foreign Affairs Hossam Issa. During the meeting, which took place on April 21, Minister Shoukry emphasized Egypt‘s commitment to preserving its long-standing close relationship with South Sudan. He noted that

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Economy Governance Taxation

Tax authorities tighten coercive collection of taxes owed by Tecmad

Tecmad – Mining Services will have to pay a debt of Kz 248.5 million in taxes, Kz 62.5 million in fines and Kz 69.9 million in compensatory interest, making a total debt of Kz 382.0 million. The General Tax Administration (AGT) notified, through a notice published in the June 14 edition of Jornal de Angola, Tecmad – Mining Services to collect a tax debt of 382.0 billion Kz referring to taxes on income from work

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