Business in Angola captured off guard by kwanza devaluation confess problems and evaluation methods

INSUBCONTINENT EXCLUSIVE:
The devaluation of Angola's kwanza currency has caused significant challenges for companies operating there.With a 60% devaluation since the
start of the year, businesses like Novagrolider, a large agro-industrial project employing 4,000 people, are feeling the negative
effects.Novagrolider relies on imported production factors and has many expatriate workers, intensifying the impact.Novagrolider's financial
director admits that the devaluation has led to investment freezes and may result in job reductions.As an exporter, the devaluation also
affects their product prices, potentially worsening poverty and unemployment.Refriango, a major beverage company, is similarly reevaluating
its strategies
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