Inflation & Prices
Angola Raises Transport Fares Up to 50% After Diesel Price Hike
Public transport in Luanda.
Photographer: Joa Da Fatima/AFP/Getty Images
Angola hiked public-transport fares by as much as 50% after raising diesel prices by a third last week, the road transport regulator said.
A ride in shared minibuses will increase to 300 kwanzas ($0.32) from Monday, compared with 200 kwanzas previously, while urban bus fares will rise 33% to 200 kwanzas, the National Land Transport Agency said in a statement on Sunday.