Ed's Feed
Nov 1, 2010
via Africa News blog

ANGOLA’S STOCK PHRASE

Photo

Amid the flurry of changes in African economies and markets over the last 10 years, one of the most enduring constants has been the six-monthly assurance from Angola’s secrecy-obsessed leaders that a stock market will open next year.
 

The mantra received an alternative twist on Monday when oil minister Jose Botelho de Vasconcelos told an energy conference in New Delhi that Africa’s most tantalising bourse would now have to wait until inflation hit single digits.