Minister of Finance Archer Mangueira will be replaced as will Edeltrudes Costa director of the Office of the President of the Republic and Chief of Staff Frederico Cardoso...
Zenu is still chief executive but now has to report to the Secretary of State for Budget and Public Investment Aia Eza Nacília Gomes da Silva who in turn reports to the Finance Minister Archer Mangueira...
Augusto Archer de Sousa Mangueira remains Finance Minister and Valter Filipe da Silva continues as central bank governor – he has a separate mandate of five years but is widely believed to be incompetent and a drag on economic reform (AC Vol 58 No 7 Bank scandals hit MPLA hard and AC Vol 58 No 1 The bad loans bite back)...
Later Manuel's attempts to convince some of the president's top advisors of the merit of a bail-out by the International Monetary Fund at a time when Dos Santos was sceptical led to his own replacement by long-term presidential loyalist Archer Mangueira (AC Vol 57 No 15 Dos Santos takes stock shares)...
Although he holds no party office Archer Mangueira President José Eduardo dos Santos' Economic Advisor attended the fund-raising meeting...
Vol 46 No 3 |
- ANGOLA
- CHINA
Insiders suggest Ana Dias may leave the Planning Ministry perhaps replaced by a demoted De Morais; Amadeu Maurício may leave the BNA to become Finance Minister; and Presidential Advisor Archer Mangueira may head Sonangol...