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Finance
with the other three big auditing and consulting
companies (Price Waterhouse Coopers, Deloitte
and KPMG), but their brand soundness stands on
their market knowledge and ethical values, that are
backed up by their transparency and professional-
ism.
Looking at the future, Ernst & Young Angola wants
to maintain their level of activity at auditing, but in-
crease the area of tax consultancy, because the
government is making hard efforts in strengthening
control at this topic. On the other hand, the highest
percentage of management consulting is going to be
focused on local companies, to help Angolan people
to begin succeeding management positions and ac-
quire the necessary knowledge.
In their opinion, 2011 is a year with important and
positives perspectives, and they are going to adapt
to national changes and be ready to collaborate at
any way.
“Doing business in Angola is not easy but there are
many opportunities. If well prepared and organized,
any project could meet success.”
Alexandre Fernandes
Senior Manager
PRICEWATERHOUSECOOPERS
Fernando Barros
Country Senior Partner
Presidente Business Center
Largo 4 de Fevereiro, 3 – 1st floor, Room 137
Tel: +244 222 311 166
Fax: +244 222 311 213
lara.noronha@ao.pwc.com
www.pwc.com/ao
Areas of activity: assurance, tax and advisory
No. Employees: 105
PwC firms provide industry-focused assurance, tax
and advisory services to enhance value for their cli-
ents. More than 161,000 people in 154 countries in
firms across the PwC network share their thinking, ex-
perience and solutions to develop fresh perspectives
and practical advice. See www.pwc.com for more
information.
PwC provides services to a wide range of international
clients in many areas, including Oil & Gas, diamonds,
finance, industry, services and public administration.
“PwC” is the brand under which member firms of
ERNST & YOUNG ANGOLA
Alexandre Fernandes
Senior Manager
Avenida 4 de Fevereiro 95, 2nd floor
CP Apartado 1151 - C
Tel : +244 222 371 390
Fax: +244 222 336 295
ernst.young-angola@netangola.com
www.ey.com
Activity: Auditing and Consultancy
Date of Creation: 1954
No. Employees: 15
Ernst & Young is a global leader in assurance, tax,
transaction, advisory services and strategic growth
markets. Their aim is to have a positive impact on
businesses and markets, as well as on society as a
whole. Ernst & Young supply services for business
and companies worldwide, at all the sectors and in-
dustries, with more than 140.000 employees in 150
countries. They are proud of providing services from
emerging growth companies to global powerhouses,
with a high level of integrity, quality and profession-
alism.
Ernst & Young Angola was created in 1954 in the
beginning they focused in local companies, but the
historical evolution of the country has placed the
company as one of the “Big Four” better placed in
the Angolan market. Actually depending as a sub-
sidiary of Ernst & Young Portugal, they are special-
ized mainly in auditing, tax advisory, tax reporting,
managing consulting and financial consulting. These
services in Angola are focused mainly in the Petrole-
um, Oil & Gas, finance, communications, real estate
and construction.
As in almost all the countries, they are competing
strategy in BPC in the coming years can resume in:
Improve services to both individuals and medium
size companies, private and public initiatives of
investment
Develop IT systems
Train the staff
As a public institution, BPC sees itself as an essen-
tial economical player of the Angolan economy. The
bank pursues its social and economical participa-
tion in the development of Angolatry to take action
against poverty by giving out micro-loans and fund-
ing social projects.