Angola’s President Suspected of Money-Laundering

11 de March de 2016 D. Quaresma dos Santos

The European Justice Commissioner, Vera Jourova, has called on the Portuguese authorities to investigate how Isabel dos Santos, the Angolan President’s daughter, acquired 65% of the Portuguese Energy giant, Efacec Power Solutions, in June last year for US $220 million. The commission wants proof that the transaction was in compliance with the rules to prevent money-laundering in the EU. Last October, the European Parliament’s Intergroup on Integrity, Transparency, Corruption, and Organised Crime called for an investigation into the legality of the purchase. Speaking to the German broadcaster Deutsche Welle, the Portuguese MEP Ana Gomes said that the banks had failed to perform due diligence in accordance with EU money-laundering rules. Ms Gomes pointed to the source of funds: transfers from the Angolan State into offshore companies to leverage financial operations by the President’s daughter. “Such transfers are obviously suspect and require extra diligence in checking the origin of the funds”, the MEP […]

From Being Bullied to a Dictator’s Nightmare

9 de March de 2016 Rafael Marques de Morais

Writing has been my life’s passion and my curse too. In my teens, I was bullied for being an avid reader and for wanting to express my opinions as informed by my readings. I vividly remember being taunted with the idea that “too much reading will bring you madness, and disgrace.” I had to endure periodic assaults. Each time I returned home crying, sobbing or bruised my mother would offer me two choices only. First, she would advise me to play by myself in the safety of our home. Second, she would warn me that if I went out to play with the bullies, I better return home quiet with no complaints or I would have to face her punishment for not knowing how to defend myself, and insisting on putting myself in harm’s way. As I grew, I set up a makeshift gym, with weights made out of tin […]

Low Oil Prices Undo Angola

8 de March de 2016 Rui Verde, MakaAngola Legal Analyst

The crash in the price of oil has hit Angola hard. Hospitals across the country are low on resources, including medicines. There are food shortages in the North, drought in the South. From Cabinda to Namibe, empty shelves in the stores attest to the government’s lack of response. If people are facing such serious difficulties in their day-to-day lives (in the so-called ‘micro’ economy) matters are no better on the macroeconomic scale where double-digit inflation is taking its toll. According to the National Institute of Statistics, inflation in the capital Luanda was running at 1.4% between September and October 2015. Additionally, in the first months of 2016, the Kwanza has been devalued by 26%. The reason for all this is the low price of oil. According to the United Nations Development Program, Angola has the least diversified economy in the world after Iraq. Any fall in the price of a barrel […]

Alas Poor Dos Santos, We Knew Him

22 de February de 2016 D. Quaresma dos Santos

President José Eduardo dos Santos, growing old sucks, doesn’t it? You lose your looks, your health and eventually your life. And what will you leave behind? A skull and bones in the dirt? What will your legacy be? Did you once dream that generations would revere you as Father of the Angolan nation? (Pause for teeth kiss) Tsk… that ship sailed a long time ago. No, the ‘Father of the Nation’ accolade is reserved for Agostinho Neto. Perhaps he was fortunate not to have lived to see what Angola became. As you must be all too aware, the clock is ticking. Quite soon now, the Angolan people will be lining up in their thousands, millions even, to pay homage at (or not on) your grave. Sim, senhor. You are a mortal too. Even your friends and colleagues will hasten to betray you in the end: all those erstwhile brave and idealistic […]

The Road to Dialogue or Things Fall Apart in Angola

18 de February de 2016 Rafael Marques de Morais

Last Friday, the General Assembly of the United Nations adopted a resolution paving the way for Angola to be promoted from a low to middle income country by 2020. This resolution is cause for celebration by the government, for it is an international endorsement of its stewardship of the country. From 2003 to 2013, the country’s oil revenues reached over US $450 billion, according to Angolan economic estimates, and for a decade it ranked among the ten fastest growing economies in the world. Meanwhile, the timing of the UN resolution seems to be a twist of irony for ordinary Angolan citizens. It comes at a time when the bust of the oil fueled economic boom is all too evident on the supermarket shelves, and poverty is on the rise. Food shortages are becoming severe in parts of the country, while in the capital retailers are imposing rationing of certain products. […]

The Road to Dialogue in Angola or Things Fall Apart in Angola

18 de February de 2016 Rafael Marques de Morais

Dos Santos Kleptocracy is Out of Control: Everything for the Daughter

4 de February de 2016 Rafael Marques de Morais

Has Angola’s President José Eduardo dos Santos lost his bearings? Recent events suggest he is in the process of arranging a dynastic succession. His first-born daughter, Isabel dos Santos, has accumulated three major public projects: first, the Urban Redevelopment Master Plan for the capital city, Luanda; second, the Restructuring of the National Oil Company Sonangol (the largest state-owned company); and, finall, the Commission for the Restructuring of the Oil Sector. Isabel dos Santos is estimated to have become a billionaire (many would say thanks to her father) and has more than thirty companies to manage. Why does the president need to hand over these major public undertakings to her? Could it be that she has extraordinary managerial and leadership abilities? Or not? Maka Angola has already outlined Isabel dos Santos’s likely intentions with the Master Plan for Luanda. As things stand, Isabel will have ultimate control over an astonishing US $15 billion of funds for the […]

New Law Enables Indefinite Detention of Dissenters

11 de January de 2016 Rui Verde, MakaAngola Legal Analyst

Angola’s government, which has faced mounting international criticism over the lengthy detention of dissidents, has rushed through a new law entitled the “Law on Precautionary Measures in Criminal Proceedings”. This sudden development legitimized the release under house arrest, in mid-December, of the 15 activists detained last June during a book club reading, and who are currently standing trial for rebellion but had been held in preventative custody for months. That seemed a positive development, but does the new law really represent an advance in Angolan criminal legislation? Does it introduce more humane treatment of prisoners in line with the rights set out in the Angolan Constitution? Observers note some positives in that the law is undoubtedly an improvement on its predecessor, the rigid 1929 Portuguese Penal Code. Efforts in 1992 to update the 1929 penal code took place in a climate of war and resulted in a patchwork quilt that […]

President Dos Santos Wants Dictatorial Control of the Net

4 de January de 2016 Rafael Marques de Morais

Angola’s President for the past 36 years, Jose Eduardo dos Santos, has used his traditional end of year speech to announce legal measures to control social media and the internet, which he feels have been offending and humiliating him. Announcing his main projects for the New Year, the President ignored the famine currently affecting residents in the southern province of Cunene along with the many other challenges faced by the Angolan people. Instead, he is prioritizing further ways to silence the growing criticism of his increasingly-dictatorial regime. This is equally the case with Angola’s ‘Marie Antoinette’, Isabel dos Santos, the President’s billionaire daughter. This Christmas she had a “Let them Eat Cake” moment, choosing to spend US $2 million on bringing the Anaconda rapper Nicki Minaj to Luanda rather visiting Cunene in her role as president of the Angolan Red Cross to assist local communities severely affected by the drought. Social […]

Isabel dos Santos, the Princess-President?

23 de December de 2015 Rui Verde, MakaAngola Legal Analyst

I have never been taken in with fables. One such fairytale it that the current vice-president of Angola, Manuel Vicente, would succeed President José Eduardo dos Santos, who has been in power for 36 years. I always believed that the power would be eventually transferred to the son-prince José Filomeno dos Santos, whom the father appointed as head of Angola’s Sovereign Wealth Fund. What did I see recently? The daughter-princess Isabel dos Santos was posing next to Nicki Minaj the US rapper of Anaconda fame. What business does this billionaire egg vendor, as Isabel once claimed to have been, have to do there? This is a kind of exposure that does not benefit her image as a manager or businesswoman. In any case, President Dos Santos recently appointed his billionaire daughter to lead the Luanda Metropolitan Master Plan, to revamp the capital city. The father gave a seat to the […]

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