Foreign shareholding in radio and TV broadcasting and programming production companies, as well as in printed media companies is limited to 30% and cannot, in any cirscumstance, be a majority.
"ARTICLE 2. (Definitions)
For the purposes of this Law, the following definitions are adopted: [...]
b) «Social Communication» - mass communication aimed at a large heterogeneous and anonymous public, from companies or media bodies, which organize and interact information from diverse sources and disseminate it through transport vehicles supported by the press written or telecommunication means that may include voice and image signals;
f) «Company or Media Organ» – are public or private entities whose corporate purpose is the production, transmission or retransmission of information intended for the public, through telecommunications or written publications;
[...]
ARTICLE 3. (Media)
The means through which companies or media bodies disseminate content, among others, are: a) Newspapers, including electronic ones; b) Magazines, including electronic ones; c) All other periodicals; d) Sound broadcasting; e) Television; f) News agency; g) Online media; h) Cinemas and public spaces where documentaries and news are shown.
[....]
ARTICLE 22. (Foreign press)
1. Foreign media companies and foreign press correspondents must request authorization from the Ministerial Department responsible for Social Communication to carry out their activity in the Republic of Angola.
2. Foreign press correspondents, in order to carry out their activity in the Republic of Angola, must be qualified with the professional card of journalist or other equivalent professional title.
3. The registration of these entities is done at the Ministerial Department responsible for Social Communication.
CHAPTER II - Social Communication Companies [...]
ARTICLE 24. (Ownership of companies)
1. Media companies may be owned by any entity, under the terms established in the applicable legislation.
2. The direct or indirect participation of foreign capital in media companies cannot exceed 30%, nor, under any circumstances, be a majority.
3. Media companies must be governed by Angolan law, with headquarters in national territory, in which Angolan citizens hold the majority of the share capital and exercise effective control.
[...]
SECTION II - Management Bodies
ARTICLE 31. (Management)
1. The Chairman of the Board of Directors and/or General Manager of companies or media bodies must be of Angolan nationality, in full enjoyment of their civil and political rights.
[...]
ARTICLE 32. (Content directors)
The Information and Program Director, Editor-in-Chief, Editors and any content managers must be journalists by profession, of Angolan nationality, in full enjoyment of their civil and political rights.[...]" (Law 1/17 of 23 January: PRESS LAW [google translation])
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ARTICLE 2. (Definitions)
For the purposes of this Law, it is understood by: [...]
l) Television Distribution Operator (ODT) — is the legal person that has editorial responsibility for the selection and aggregation of channels in the form of packages, with a view to making these packages available for public use, through electronic communications networks;
m) On-demand Audiovisual Service Operator (OSP) — is the natural or legal person who has editorial responsibility for the selection and organization of programs in the form of a catalogue, with a view to providing an on-demand audiovisual service through electronic communications networks;
n) Audiovisual Media Service Operator (OTV) — is the television operator, the Television Distribution Operator (ODT) and on-demand media service operator (OSP);
o) Television Operator (OTV) — is the legal person that has editorial responsibility for the selection and organization of Television channels with a view to making them available for public use;
[...]
ARTICLE 3. (Scope of application)
1. This Law applies to all television broadcasts and retransmissions, transmitted by television and distribution operators under the jurisdiction of the Angolan State.
[...]
CHAPTER II - Audiovisual Media Service Operators and Typology of Television Channels
SECTION I - Requirements Applicable to Audiovisual Media Service Operators [...]
ARTICLE 11. (Ownership)
1. Without prejudice to the provisions of the following numbers, operators of audiovisual media services may be owned by collective, public and/or private persons, or cooperatives whose purpose is their exercise, under the terms established in the applicable legislation.
2. The direct or indirect participation of foreign capital in television and distribution operators may not:
a) Exceed 30% of the share capital, nor, under any circumstances, hold a majority or assume a controlling position;
b) Provide, in an isolated or joint way, the exercise of a decisive influence on the activity of these operators [...]" (Law No. 3/17 of 23 January: LAW ON THE EXERCISE OF TELEVISION ACTIVITY [google translation])
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ARTICLE 10. (Property of the companies)
1. Without prejudice to the provisions of articles 8 and 9 of this Law, media companies established to carry out broadcasting activities may be owned by any entity, under the terms established in the applicable legislation, namely, commercial and the one relating to private investments.
2. The direct or indirect participation of foreign capital in broadcasting companies cannot exceed 30% of the respective share capital, nor can it, under any circumstances, have a majority or assume a controlling position.[...]" (Law no. 4/17 of 23 January: LAW ON THE EXERCISE OF BROADCASTING ACTIVITY [google translation])
Law 1/17 of 23 January: PRESS LAW
Law No. 3/17 of 23 January: LAW ON THE EXERCISE OF TELEVISION ACTIVITY
Law no. 4/17 of 23 January: LAW ON THE EXERCISE OF BROADCASTING ACTIVITY
[<a href="https://lex.ao/docs/assembleia-nacional/2017/lei-n-o-1-17-de-23-de-janeiro/">Law</a>],[<a href="https://lex.ao/docs/assembleia-nacional/2017/lei-n-o-3-17-de-23-de-janeiro/">Law</a>],[<a href="https://lex.ao/docs/assembleia-nacional/2017/lei-n-o-4-17-de-23-de-janeiro/">Law</a>]