Tag: Angola

Nigeria impounds Angolan passenger plane in Lagos

The Federal Government has impounded a Boeing 777 jumbo plane belonging to the Angolan government at the Lagos airport for flying illegally into Nigeria. The government grounded the passengers-laden plane…

Read More Arrow

Angola orders Brazil evangelical churches to close

Prosecutors in Angola have ordered the closure of places of worship belonging to one of Brazil's biggest churches, accusing it of corruption. At least seven buildings belonging to the Universal…

Read More Arrow

Angolan Courts Jails ex-president’s son five years for $500m fraud

Angola’s Supreme Court on Friday handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the oil-rich country’s former president, for fraud when he headed the national…

Read More Arrow

Retail Giant shuts down second branch ,lays off 115 workers

Barely three days after announcing a planned divestment from of its Nigerian operation, Shoprite Holdings has informed workers’ union in Kenya that it will be laying off 115 staff effective…

Read More Arrow

To allow for Talks on Bigger Loan, IMF Delays Angola Meeting

The International Monetary Fund’s executive board postponed a meeting on Angola until at least the second half of August to allow more time for work with authorities in the southern African…

Read More Arrow

Isabel Santos, Africa’s richest woman accused of Misappropriating billions of dollars in Angolan-state-owned assets agrees to cooperate in corruption probe

Africa’s richest woman, Isabel dos Santos, has agreed to cooperate with Angolan authorities who are probing her after corruption allegations were leveled against her last year. Dos Santos was accused…

Read More Arrow