Angola’s six state-owned media companies received 39.2 billion kwanzas in operating subsidies from the government in 2025, a 14.5% increase from the 34.2 billion kwanzas allocated the previous year, yet still accumulated combined net losses of 12.7 billion kwanzas over the same period, according to annual management reports published last week by the Institute for State Asset and Shareholding Management (IGAPE).
The subsidies are disbursed to finance production across radio, print and free-to-air television, as well as subscription television in the case of TPA Notícias, covering both news and entertainment output. Despite the higher state transfers, the historically entrenched pattern of heavy public dependency and persistent accumulated losses showed no signs of improvement in 2025.
No capital injections were made into any of the six companies during the 2025 financial year. The entities covered are: Televisão Pública de Angola (TPA), Rádio Nacional de Angola (RNA), Edições Novembro — publisher of the Jornal de Angola, the Economia & Finanças newspaper and several regional print titles — TV Zimbo, Média Nova — which operates the O País newspaper, Rádio Mais and other publications — and the state news agency ANGOP.
Only two of the six companies posted profits at the close of 2025, after taxes and other expenses were settled. RNA recorded a net profit of 275 million kwanzas, while Média Nova posted a surplus of 143 million kwanzas. At the other end of the spectrum, TPA once again led the ranking for the largest annual loss, recording a deficit of 10.4 billion kwanzas — a deterioration of 37.8% compared with the prior year.
The full financial breakdown for all six public media companies, including individual subsidy allocations and net results, is available in the infographic published in edition 888 of Expansão, dated Friday, 7 August 2026, in print and digital formats.
Source: Expansão / Original article: http://expansao.co.ao/angola/detalhe/subsidios-a-comunicacao-social-publica-aumentaram-145-para-392-mil-milhoes-kz-em-2025-73785.html
