Angola's new stock market.Southern Africa's fastest-growing economy will have a stock and derivatives exchange this year. Oil-rich Angola has started the process of establishing a bourse bourse (b rs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. in Luanda by inviting capital market
experts from around the world to advise the country on current trends
and systems.
The main tasks of the advisory team were to map out capital market supervision, financial intervention A procedure used in a lawsuit by which the court allows a third person who was not originally a party to the suit to become a party, by joining with either the plaintiff or the defendant. and taxation, as well as securities and pension funds as investments. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Antonio Cruz Antonio ("Tony") Cruz (born October 31, 1971 in Long Beach, California) is a professional road bicycle racer from the United States, who rides for Discovery Channel Pro Cycling Team. In 1999 Cruz was the USPRO National Criterium Champion, and became professional. Lima, coordinator of Angola's Capital Market Commission, the exchange will probably be launched in the third quarter of this year with an initial capital of $6bn. The bourse will bring Angola's biggest companies under one roof and is expected to boost foreign investment significantly. |
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