South Africa Adds the Angolan Kwanza to Regional Cross-Border Payment System

The Angolan kwanza has become the first currency other than the South African rand to be included as a settlement currency in the Southern African Development Community’s regional real-time payment system, the South African Reserve Bank (SARB) Governor Lesetja Kganyago […]

Government Conceals Names of Companies Awarded Direct Contracts, Raising Transparency Concerns

The Angolan Government continues to award public contracts through direct procurement without disclosing the identities of the beneficiary companies in several high-value projects, a practice that is raising serious concerns about transparency, competition, and public oversight of state spending. During […]