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Retail news

BDA bank funds construction of rural shops
Over six million Angolan kwanzas (about R600,000) were made available by the Angola Development Bank (BDA), for the implementation of a project for the construction of five rural shops, in Andulo district, at 130km to the north of Kuito city, capital of the southern Bié Province. 9 Dec 2008 12:40

Comfortable, hygienic shopping in Angola
[Pedro de Gouveia] NossoSuper is a national chain of supermarkets which was established by the Angolan government in 2005. The government created PRESILD - The Programme fore the Restructuring of Logistics and Distribution of Essential Products to the Population. 4 Dec 2008 15:27

Sweden: Stronger trade relations with Angola
LUANDA: The Swedish government decided on Friday, 3 october, 2008 to open a trade office at the Swedish Embassy in Luanda. The office will be a natural part of the embassy's activities and will be run by the Swedish Trade Council. 6 Oct 2008 10:46

71 Intaka Tech water purification plants headed for Angola
Intaka Tech has been awarded a contract for water purification plants to produce 78 million litres of drinking water per day, the final destination for the units being Angola. This will help the company to achieve its mission to proactively meet Africa's urgent need for clean, potable water. 1 Sep 2008 12:24

Angola reports economic growth of 15% per year
The annual average rate of growth of Angola's Gross Domestic Product (GDP) reached 15% over the last eight years, the Angolan Deputy Minister of Planning Carlos Alberto Lopes has said. 14 May 2008 11:24

Chirundu becomes one-stop border post
Zambia and Zimbabwe have signed a bilateral agreement that will see the transformation of Chirundu into a one-stop border post - and that will reduce transit times for imports and exports through border. 12 Sep 2007 14:24

Zimbabwe levies duty in forex for underwear
Struggling to boost its foreign currency reserves, a cash-strapped Zimbabwe government this week began charging duty in forex for imported footwear and clothing items, including underwear, we can reveal. A Zimbabwean opposition MP described the latest move as “absolutely barmy.” 13 Sep 2007 14:16

SA retailers rough it out in Zim
[Desmond Walters] It is business as usual for South African retailers in Zimbabwe who are keeping a positive spirit despite the economic meltdown and political uncertainty in the country. Large South African retailers, including Massmart, Edgars, OK and Pick ‘n Pay have business interests in Zimbabwe, and indicated they are not about to jump ship despite the recent spate of arrests of business executives accused of not complying with government orders to cut down prices. 25 Jul 2007 09:26

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