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Top related persons:
Joao Lourenco - 1 Africa’s - 1 Manuel Nunes Junior - 1 teargas - 1 Miguel Gomes - 1 Wendell Roelf - 1 Andrew Cawthorne - 1
Top related locs:
LUANDA Luanda Benguela Namibe Nigeria Angolan
Top related orgs:
Angolan - 1 Angolan Economic - 1 Police - 1 Thomson - 1

Search resuls for: "Joao Lourenco"


3 mentions found


☆ Angola fuel hike protesters clash with police
  + stars: | 2023-06-17 | by ( ) www.reuters.com   time to read: +1 min
LUANDA, June 17 (Reuters) - Angolan police fired tear gas in the capital Luanda and other cities Benguela and Namibe as thousands of protesters took to the streets a week after clashes over a recent fuel hike killed at least five people. President Joao Lourenco on June 8 fired the economic coordination minister and replaced him with the central bank governor in the wake of the deadly protests. Local media at the time quoted Angolan Economic Coordination Minister Manuel Nunes Junior, who was subsequently fired, saying the aim was to rein in government spending. On Saturday in Benguela, a large crowd of protesters holding cardboard placards were shown on social and local media as anti-riot police with batons and helmets patrolled the streets. In Luanda, police shot teargas to control the crowd, with TV footage showing at least one burning barricade spewing smoke.
Persons: Joao Lourenco, Africa’s, Manuel Nunes Junior, teargas, Miguel Gomes, Wendell Roelf, Andrew Cawthorne Organizations: Angolan, Angolan Economic, Police, Thomson Locations: LUANDA, Luanda, Benguela, Namibe, Nigeria, Angolan
☆ Analysis: Southern Africa calls the tune as great power suitors queue up
  + stars: | 2023-01-26 | by ( Tim Cocks Carien Duplessis | Tim Cocks | Carien Duplessis | ) www.reuters.com   time to read: +6 min
[1/4] U.S. Treasury Secretary Janet Yellen and South Africa's Finance Minister Enoch Godongwana attend bilateral talks, at the treasury offices in Pretoria, South Africa, January 26, 2023. Nevertheless Lavrov made a stopover after visiting South Africa, which his counterpart Thulisile Dladla described as a "profound honour." Eswatini relies on the United States for aid, but its absolute monarchy has suffered U.S. criticism on human rights. South Africa, alongside Russia and China, is pushing for a "multipolar" world in which geopolitical power is less concentrated around the United States. "It hasn't delivered the kind of benefits South Africa was hoping to get."
☆ Angola will cut interest rates as long as inflation is low, says central bank governor
  + stars: | 2022-10-12 | by ( Jorgelina Do Rosario Rachel Savage | Jorgelina Do Rosario | Rachel Savage | ) www.reuters.com   time to read: +2 min
WASHINGTON/JOHANNESBURG, Oct 12 (Reuters) - Angola will keep cutting interest rates as long as inflation is kept low, central bank governor Jose De Lima Massano said on Wednesday, forecasting that inflation will fall to 16% this year and 9-10% by the end of 2023. "Today we have interest rates in Angola above 20%. And if we have room to keep on reducing them, we'll do it," De Lima Massano told Reuters on the sidelines of the IMF-World Bank Annual Meetings in Washington. Unlike most other central banks, Angola has started to lower interest rates, delivering a rate cut in September for the first time since 2019 by 50 basis points to 19.5%. "Our currency has found its equilibrium and we are not anticipating major appreciation or depreciation," De Lima Massano said.
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