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Finance minister promises no new taxes — but more revenue — next year; Attorney General focuses on Manuel Vicente in $2.3bn Sonangol embezzlement allegations

Finance minister promises no new taxes — but more revenue — next year; Attorney General focuses on Manuel Vicente in $2.3bn Sonangol embezzlement allegations

Welcome to the Angola Economic and Political Risk Briefing for 20 October 2020

Oct 20, 2020
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Angola Briefing
Angola Briefing
Finance minister promises no new taxes — but more revenue — next year; Attorney General focuses on Manuel Vicente in $2.3bn Sonangol embezzlement allegations
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Welcome to the Angola Economic and Political Risk Briefing, Issue 40

brought to you by Zitamar News and Moxico Risk Consulting LLP, with Carlos Rosado de Carvalho and Nick Branson

Good morning. Angola’s finance minister has promised no new taxes next year — but she nevertheless said she intends to increase state revenues by up to 1.3% of GDP, even without…

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