New hope in Angola
President Lourenço speaks of financial reforms and discussions with the IMF as he begins to dismantle the Dos Santos family’s enormously lucrative grip on the country’s finances
30 November 2017 - 10:39
Angolan president João Lourenço has surprised friend and foe by starting to dismantle the Dos Santos family’s hold over the oil, diamond and media sectors, while also removing his predecessor’s hand-picked intelligence and police chiefs. Lourenço, who visited SA last week, has also signalled that he intends abolishing visa requirements for South Africans, a move that could be seen as a first real step towards implementing the 2005 SADC protocol on trade to establish a regional, free-trade zone.
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