Angola

A vast country with a long coastline and central plateau, Angola thrusts inland across Southern Africa to border Namibia, Botswana, Zambia, and the Democratic Republic of the Congo.

Angola's Economy

Angola is projected to emerge from recession with real GDP growth of 1.2% in 2019 and 3.2% in 2020. The recovery will be driven mainly by the production and export of diamonds (growing by 8.2%), agriculture (5%), and construction (2.1%). Changing to a floating exchange regime in 2019 could eventually eliminate the gap between the official and parallel market exchange rates. A 14% value added tax to be introduced in July 2019 will also mobilise domestic resources.

Experience

  • Francis Newham assisted Sturrock Shipping (Pty) Ltd to establish a subsidiary for its shipping and ship's agency businesses in Sudan, Angola and Ghana.
  • Aadil Patel acted for SAP regarding the application of several HR and employee policies in use in South Africa, Angola, Nigeria, Kenya, and Morocco.
  • Aadil Patel advised Coca-Cola on 'localising' their HR policies and employment contracts in Zambia, Zimbabwe and Angola.