Jose

LUANDA (Capital Markets in Africa) – Angolan ruler Jose Eduardo dos Santos will keep his grip on power if his party wins elections this month, even as he steps down as president after 38 years in office, according to the country’s main opposition leader. The ruling Popular Movement for the Liberation of Angola has picked 63-year-old Defence Minister Joao Lourenco as its presidential candidate for the August 23 vote. Dos Santos will remain the party’s chairman and has appointees…