40 Years On… The Boys are Back

Shrugging off the legal challenges to her appointment as President of the Board of Director of Sonangol, the President’s daughter, Isabel dos Santos, has lost no time in showing how she means to restructure the state oil company.  Her first task has been to recruit 120 Portuguese staff to senior positions. The new recruits will join a further 50 consultants – also mostly Portuguese nationals – currently working as consultants and advisers to Isabel on behalf of the Boston Consulting Group and the Portuguese law firm Vieira de Almeida, who in effect are jointly running the Angolan state firm at this point. The arrival of the Portuguese contingent to take over at the Angolan state oil company raises some interesting points:  firstly, the total absence of any national or international recruitment campaign and the lack of any attempt at dialogue between the managers and workers at Sonangol points to the same lack […]

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