Angola

A faction of Angola's ruling party said recently its leader was detained, a claim the police denied. Though the MPLA is expected to win legislative elections due later this year, it has faced unprecedented challenges from youths inspired by the Arab Spring. Claims of arrest of an MPLA leader suggests he is also facing problems within his own party's ranks, suggests the Wall Street Journal.

Halliburton Co. said it’s responding to a subpoena from the Securities and Exchange Commission relating to a probe into its operations in Angola over possible violations of US foreign bribery law, the Wall Street Journal reports. It isn’t the first time Halliburton has faced problems with the FCPA. The company and its former subsidiary, Kellogg Brown & Root Inc., agreed in February 2009 to pay the US $579 million to resolve violations of the FCPA in connection with a four-company joint-ve...read more

The Angolan government will this year launch the second phase of the privatisation programme which in the last ten years has enabled the sale to private interests of 198 state companies, Economy Minister Abraão Gourgel announced. Appearing on Angola’s TPA television, Gourgel also lamented that the privatisation process started by the government in 1990 via its Business Readjustment Office had not achieved all of its goals. The low results are due to economic questions such as the lack of a ca...read more

Angola's President Jose Eduardo dos Santos will seek a new term with former state oil company head Manuel Vicente as his vice president in September polls, a source in the ruling MPLA said. The southern African oil giant is expected to hold elections around September, and the run-up is being closely watched for signs of whether Dos Santos will seek a new term and whom the MPLA might pick to replace the long-ruling leader, in power since 1979, when he eventually steps down.

The CNN Press Office (London) has answered the concerns raised by Maka Angola on the agreements between the international news network and the Angolan regime, regarding a media campaign to promote a better image of the latter, due to grave concerns of nepotism and corruption. But Maka Angola has offered a further rejoinder arguing that it is 'highly unusual for a respectable international media outlet, such as CNN, to make formal agreements with a regime on news coverage of a given country'.

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