Regulatory compliance in Angola
- The Trade Adviser
- Jul 22, 2024
- 1 min read
Updated: Jun 12
Angola has a set of laws to fight corruption, but putting them into action is still a big problem. The rules cover many areas, from how businesses are run to how taxes are handled. This article will look at the main laws and challenges Angola faces in trying to stop corruption. We'll also talk about how corruption affects different sectors like oil, mining, and technology.
Key Takeaways
Angola has strong anti-corruption laws, but they are not well enforced.
Corruption is a major issue in Angola's judicial system, affecting fair trial outcomes.
The oil and mining sectors are particularly vulnerable to corrupt practices.
Tax administration in Angola is plagued by irregular payments and bribes.
New IT and cybersecurity laws aim to protect against cyber threats but need better implementation.
