Palestinians uncertain as FIFA, UEFA step in to save soccer pitch from Israeli demolition    House panel votes to hold Clintons in contempt in Epstein probe    Trump backs off tariffs threat, says Greenland deal framework reached    Saudi Arabia signs agreement with World Economic Forum to accelerate industrial transformation    Over 78 million faithful visit Two Holy Mosques in a month    Saudi FM meets British, French counterparts in Davos    Northern Saudi cities record coldest temperatures of winter as mercury drops to –3°C    Arab coalition condemns deadly attack on Giants Brigades commander in Yemen    Sha'ban crescent sighted Tuesday    Saudi POS transactions reach 236 million, SR4bn in one week    Al-Khateeb highlights Saudi-UN partnership to shape quality of life in future cities    122 million tourists spend SR300 billion in Saudi Arabia in 2025    Italian fashion legend Valentino dies at 93    Saudi orchestra brings 'Marvels of Saudi Orchestra' to AlUla with 107 musicians    Katy Perry makes Saudi debut at Joy Awards, praises Saudi design and hospitality    Hail wins Guinness World Record with largest off-road production cars convoy    SFDA approves registration of 'Anktiva' for treatment of bladder and lung cancer    Saudi Darts Masters 2026 to offer record $200,000 prize for nine-dart finish    Al Taawoun condemn "repeated refereeing injustice" after late penalty defeat    British boxer Anthony Joshua discharged from hospital after Nigeria car crash    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



S. Africa, Angola businesses urge end to visa curbs
Published in The Saudi Gazette on 23 - 08 - 2009

Angolan and South African businesses urged an end to visa restrictions they say are damaging economic ties between South Africa, the continent's largest economy, and one of Africa's biggest oil producers.
The often laborious process of obtaining visas is considered a significant barrier to travelling between the two countries and a stumbling block for business and trade. A work visa for Angola can sometimes take more than a year to process. “The free movement of business people between the countries is a necessary pre-condition for the growth of the economic partnership,” the Angolan Chamber of Commerce and Industry and the Business Unity of South Africa said Friday.
During South African President Jacob Zuma's two-day trip to Angola, which ends on Friday, both nations signed six accords to cooperate in areas ranging from aviation to trade, but failed to scrap visa requirements.
“Angolan and South African business urges both governments to address the visa concerns expressed during the business forum,” the two business groups added in the statement.
More than 150 South Africans delegates representing nearly 120 companies met their Angolan counterparts in Luanda on Thursday in what Zuma billed as the “biggest business delegation to take part in a state visit since the end of apartheid”.
Zuma, closer to Angolan President Jose Eduardo dos Santos than former South African President Thabo Mbeki, said in a speech on Thursday he would help open the doors to the Angolan market where opportunities in the oil sector abound.
“As Africa's largest economy South Africa is in a position to be of benefit to Africa's largest oil producer,” Zuma told Angolan and South African business leaders late Thursday.
Angolan state-owned oil firm Sonangol and the Petroleum Oil and Gas Corporation of South Africa (PetroSA) are expected to meet soon to discuss ways to work together, according to dos Santos, who did not elaborate.
“Huge opportunities still remain in the petroleum and gas sectors in Angola with 28 of the 51 concessions offshore still to be licensed and explorations under way offshore,” the two business groups said.
Africa's biggest economy has been sidelined from Angola for decades as lucrative oil contracts were awarded to US and European oil companies such as Chevron and B. Roads, bridges and dams destroyed by the 1975-2002 civil war have been rebuilt by Chinese, Brazilian and Portuguese firms.The two nations are also looking for investment opportunities in the mining, agriculture, transport, tourism and banking sectors. Standard Bank's chief executive for Africa told Reuters he would soon open a branch in Luanda.
Angola emerged from an almost three-decade civil war in 2002 to rival Nigeria as Africa's biggest oil producer while South Africa has little oil and relies on coal for most of its energy needs.
In 2007, South Africa exports to Angola amounted to 6 billion rand ($753.5 million) whilst Angolan exports to South Africa amounted to 12 billion rand, according to Zuma. Almost 90 percent of Angola's exports were petroleum products.


Clic here to read the story from its source.