CEO of Angola’s state-run oil company sacks subsidiary’s board

The head of Angola’s state oil company Sonangol has fired the executive committee of subsidiary Sonangol Exploration and Production, the company said on Tuesday. Sonangol’s chief executive Isabel dos Santos, the billionaire daughter of President Jose Eduardo dos Santos, has told the Financial Times she plans to split the company into three units. Dos Santos … Continue reading CEO of Angola’s state-run oil company sacks subsidiary’s board