An extra consequence of the renewed war is that inflation seems to be blossoming again despite the clean-up efforts of a new economic team led by Central Bank Governor Aguinaldo Jaime and Joaquim David previously head of Sonangol and now in charge of the 'super-ministry' of Finance...
At its head is Finance Minister Joaquim Duarte da Costa David who has been head of the state oil company Sonangol for the past decade...
Under Joaquim David Sonangol negotiated unprecedented bonuses for the new blocks...
The state oil company Sonangol's Chief Executive Joaquim David has gathered foreign backing for a 150 000 - 300 000 barrel a day oil refinery primarily for the export market...
All want one man on their side: Joaquim David Director General of state oil company Sonangol...
The proposed changes reflect a tussle within what the IMF (and others) call the ‘unholy trinity' of Sonangol under Director General Joaquim David the Finance Ministry under Mario de Alcantara Monteiro and National Bank of Angola (BNA) under Governor Sebastião Bastos Lavrador...