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The first shipment of iron ore to leave Angola since 1976 left the Cutato mine in Cuando Cubango province by rail on April 10-11, according to Jamie van Reijendam, general manager of global trade at London trading house Ronly. The 60,000-tonne shipment of 60-62% Fe Cutato lump is due to be exported from the southern port of Namibe in May, he said. Ronly has been involved with the Companhia Siderúrgica do Cuchi (CSC) project in the southern African country as financier since 2019  and has exclusive offtake rights. CSC’ majority shareholder, Brazil's Modulax Indústria e Comércio (Modulax)...

The first shipment of iron ore to leave Angola since 1976 left the Cutato mine in Cuando Cubango province by rail on April 10-11, according to Jamie van Reijendam, general manager of global trade at London trading house Ronly. The 60,000-tonne shipment of 60-62% Fe Cutato lump is due to be exported from the southern port of Namibe in May, he said. Ronly has been involved with the Companhia Siderúrgica do Cuchi (CSC) project in the southern African country as financier since 2019  and has exclusive offtake rights. CSC’ majority shareholder, Brazil's Modulax Indústria e Comércio (Modulax)...

defenceWeb Written by defenceWeb - Cyril Ramaphosa. Address by President Cyril Ramaphosa on the appointment of the Chief of the South African National Defence Force and members of The Military Command of the South African National Defence Force, 14 April 2021. Fellow South Africans, I address you this evening as the Commander-in-Chief of the South African National Defence Force on new appointments to the leadership of our armed forces. By virtue of the powers vested in me by our Constitution and legislation, it is my responsibility to appoint the Chief of the South African National Defence F...

The Free Trade Zones Act was approved in December 2020 Special economic zones (SEZ) have been a global trend over the last few decades and instrumental in achieving regional development, creating jobs and attracting foreign investment.   According to the Africa Economic Zones Organization, there were close to 189 operating SEZs in Africa in 2019, while an additional 57 were being implemented in 47 out of the 54 countries that make up the African Continent. Angola has tried its hand at SEZs to varying degrees of success. The Luanda-Bengo SEZ, created in 2009 not far from the capital, failed ...

GIEWS Country Brief: Angola 07-April-2021 Format Cereal imports estimated at near‑average level in 2020/21 Prices of food continued to increase, underpinned by weak currency High prevalence of food insecurity in 2021 due to severe drought and negative effects of COVID‑19 pandemic Unfavourable production prospects for 2021 cereal crops due to worst drought in 30 years Harvesting of the 2021 cereal crops, mostly maize, started in March and the output is forecast well below the average due to unfavourable weather conditions. Despite beneficial rainfall at the start of the season in October a...