Luanda — Sistec's (Systems, Technologies and Industry) turnover decreased from USD 100 million in 2014 to USD 50 million in 2017, due to the shortage of foreign currency in the Angolan market.
This situation, which has been dragging since 2014, forced the company's management to close some stores in the provinces of Lunda Sul (Saurimo), Uige, Cuanza Norte and Luanda, according to its president Rui Santos, who made the statement on the sidelines of the seminar on taxation.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article