Day: December 14, 2022

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Release of results of fight against corruption soon – PGR

Menongue – The results of the fight against corruption underway in the country since 2017 will be publicly presented within days, the Attorney General Hélder Pitta Gróz announced this Wednesday in Menongue, south-east Cuando Cubango province.

Hélder Pitta Gróz was speaking to the press during the opening ceremony of the 3rd Extended Meeting of the Southern Judicial Region of Attorney General’s Office (PGR), covering the provinces of Cuando Cubango, Huíla, Namibe and Cunene.

The event takes place under the motto “Procedural progress in the preparatory instruction.

The holder of the PGR assured that there are several cases, many still in preparatory instruction, just waiting for their conclusion in terms of processes.

He admitted that the covid-19 pandemic delayed the smooth running of the process, still the PGR continues to work on response to what the law requires.

The Attorney General’s Office said that the process involving the businesswoman and former manager of Sonangol, Isabel dos Santos, is in the final stage, for her to be taken to court.

As for Isabel dos Santos’ whereabouts, the Prosecutor said this matter is not Angola’s concern, but it is up to Interpol to deal with this issue.

As for the case involving former vice President of Republic, Manuel Vicente, the Prosecutor said that the PGR only recently started working on it, as during the five years there was a legal impediment to the effect, which will take longer for its conclusion.

Pitta Gróz acknowledged that, in the last five years, great attention has been given to environmental issues, poaching, the slaughter of fauna and flora, through the expansion of action taken in relation to the referred areas, as well as a stronger action in relation to human rights.

The meeting ends later today.

Source: Angola Press News Agency

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Oil and non-oil revenue reaches Kz 10.3 billion

Luanda – Oil and non-oil revenue reached 10.3 billion kwanzas until September this year- an increase of around 46% compared to the same period of 2021, and a budget execution degree of 100%.

Until September 2020 and 2021, oil and non-oil revenue rose from 5.05 billion kwanzas to 7.05 billion kwanzas, respectively, according to data released Wednesday by the General Tax Administration (AGT), in a meeting held with journalists.

In oil revenue alone, the Angolan State raised 7.07 billion kwanzas (69% more) up to September this year.

Until September 2020, the observed oil revenue was 2.9 billion kwanzas and in the same period of 2021, it rose to 4.1 billion kwanzas, when the price of crude gradually increased.

Non-oil revenue also rose by around 13%, standing at 3.3 billion kwanzas, up to September this year.

The source attributed the increase in non-oil revenue to the performance of the sectors of agriculture, fisheries, manufacturing industry, mining resources, among others.

Looking at the period under review, historically non-oil revenue rose from 2.1 billion kwanzas to 2.8 billion kwanzas by September 2020 and 2021, respectively.

By source of revenue, the volume of non-oil revenue, until September this year, is increased by the Value Added Tax (VAT) with 909.4 billion kwanzas (22%), the Industrial tax with 818.2 billion ( 15%), among others.

The meeting with journalists took place ahead of the commemoration of the 8th anniversary of the AGT on the December 15.

AGT is a State body, supervised by the Ministry of Finance, whose mission is to collect revenue for the State and ensure customs control for the benefit of society.

Source: Angola Press News Agency

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US: Angolan president highlights progresses in energy production

Washington -Angolan head of State João Lourenço said Wednesday in Washington that the country depends less and less on the production of energy from thermal power stations.

João Lourenço, who was addressing a Business Forum, within the framework of the US-Africa Leaders Summit, said that the country is partially abandoning polluting production sources.

Speaking on the topic “Building the Sustainable Future, Partnerships to Finance African Infrastructures and the Energy Transition”, the Angolan Statesman said the country invests heavily in hydroelectric energy.

“Right now, the production of electricity in Angola is less and less from polluting sources, from thermal power plants powered by diesel or gas”, underlined the Statesman.

The president pointed to the Laúca and Cambambe dams, with the Caculo Cabaça dam under construction, with capacity to produce around 2.1 gigawatts of energy.

With the arrival of this last dam, he said, Angola will produce 9 gigawatts of energy.

He said that the country is building, already at an advanced stage, the energy distribution network through hydroelectric power stations.

João Lourenço recalled that the distribution network for this same energy in the Kwanza River Basin is under construction, partially completed, to take the product throughout the country.

This energy, he said, already covers the central region, namely the provinces of Huambo and Bié, and the search for funding is underway to transport it to the south, in order to cover the provinces of Huíla, Namibe and Cunene.

It is also intended to cover the eastern zone, that is, the provinces of Lunda-Norte, Lunda-Sul, Moxico and Cuando Cubango.

At the same time, he said, Angola is betting on the production of solar energy, with photovoltaic parks, two of which already supply energy to the national electricity grid.

The Head of State also said that Angola intends to reach the rate of 80 percent of clean energy, within 3 years.

To this end, the Executive continues to invest in solar energy production projects, one of which is the largest the country will ever see, to be built in the south of Angola, to benefit the provinces of Namibe, Huíla, Cunene and Cuando Cubango.

It will be carried out by the US company Sun Africa, with financing from Eximbank, in the amount of 2 billion USD.

“At least in this branch of clean energy production, Angola is already benefiting from the funding and knowledge of American companies in this field”, he concluded.

Source: Angola Press News Agency

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