Sample Essay

Given this setting there is bound to be some gainers and losers. Imports of goods related to the mining industry especially petroleum mining are the greatest gainers. This is due to the fact that these importers are allowed to import drilling equipment free of charge. As a result the government  of Angola has also gained a lot from the sale of the petroleum products.Due to uncoordinated government tendering and procurement compounded with corruption many United States companies have lost lots of money to the government of Angola. In many cases they have lost as a result of delays in terms of payments that may range from a couple of months to years. In other times they may be paid less money than the contractual fee that had been agreed upon.

Other losers include the firms operating in the financial services sector. The bulk of these are commercial banks. Limited transparency, a huge number of non-performing loans, and unclear regulation has caused these investors considerable loses.

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