ANGOLA

Country plunged into cricis

NEWS

April 7 th, 2015

Nothing has changed on the surface in the sunny streets of Luanda. There is always the same traffic jams, same vendors and the same construction sites. However, everything changed at the beginning of the year. Prices began to flare. At banks people find it impossible to withdraw dollars and difficult to walk away with a large amount of kwanzas, the national currency. Some companies have had to lay off employees and those employing expatriates did not renew all contracts. The government also will limit the number of new recruits.

 


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