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Angola requires foreign companies to use local currency as part of anti-dollarisation fight

Monday 01 July 2013
Angola

Published: 20 Feb 2013 | By Yafit Lazar and 3 others | Last updated: 27 Jun 2013
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Angola requires foreign companies to use local currency as part of anti-dollarisation fight -
Angola continues its anti-dollarisation fight
flickr-401(K) 2012

Oil firms, embassies, consulates and other foreign institutions operating in Angola are required to make their payments for goods and services in the local Kwanza currency.


The Angolan National Reserve Bank (BNA) announced the measure as part of its official policy to fight the dollarisation of the economy.


Several foreign institutions in the southern Africa country have already been complying with the requirement since the anti-dollar campaign was launched last year.


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About this event
Created by Yafit LazarCreated by Yafit Lazar
on Wed 20 Feb 2013
Modified by Maja MicudovaLast modified by Maja Micudova
on Thu 27 Jun 2013

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Location: Angola
Date: Monday 1 July 2013
Duration: 1 day
Planning: confirmed
Ended: 481 days ago

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Julius Uma

Julius Uma

Central Africa correspondent

Location: Juba, Sudan

Language: English

Julius Uma is a highly trained freelance journalist, who currently reports for the Sudan Tribune. From 2007 to 2010 he worked as... moreJulius Uma is a highly trained freelance journalist, who currently reports for the Sudan Tribune. From 2007 to 2010 he worked as the senior reporter for the Southern Eye Newspaper where he specialised in news writing, reporting and analysis. He also covered Southern Sudan Parliament.

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Yosra Akasha

Yosra Akasha

Central Africa correspondent

Location: Khartoum, Sudan

Language: English and Arabic

Yosra Akasha is a Sudanese blogger and activist based in Khartoum. She works as Sudan's Outreach Officer for the Strategic Initi... moreYosra Akasha is a Sudanese blogger and activist based in Khartoum. She works as Sudan's Outreach Officer for the Strategic Initiative for Women in the Horn of Africa (SIHA) Network. Previously she joined several health promotion campaigns and regional peace campaigns. She writes about human rights and social issues in Sudan with more focus on advocating for women rights, peace and the rights of displaced persons. She is a Muslim, secular and identifies herself as a feminist. Yosra has been selected as a correspondent for Voices of Our Future 2013; a program on citizen journalism offered by World Pulse's (worldpulse.com) website.

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