Félix Tshisekedi summons public companies including SNEL and REGIDESO to digitize their financial systems 1Mining in DRC Economy Governance 

Félix Tshisekedi summons public companies including SNEL and REGIDESO to digitize their financial systems

The President of the Republic Félix Tshisekedi summons public companies to comply with the digital system for optimized management to improve their performance on many indicators. On this subject reports the minutes of the 45th meeting of the Council of Ministers, he instructed the Minister of State, Minister of Portfolio assisted by the Minister of Digital to ensure that all State portfolio companies can produce and implement suitable roadmaps for their respective digital transformation with a priority on everything related to their finances.

“Specifically with regard to the national electricity company (SNEL) and REGIDESO, which have in common the recurring cash flow problems resulting in particular from the very numerous flaws in their process of collecting and tracking revenues, the President of the Republic demanded that an integrated information system be put in place by December 31, 2022 at the latest.The latter should meet international standards that will allow better channeling of all payments made by subscribers for the consumption of electricity. water and electricity which passes through a secure electronic circuit and this, throughout the national territory”, reports the report of the Council of Ministers of Friday, March 18. 

“The support of the banking sector, telecom operators and more generally of the entire technological ecosystem of the country which includes many Fintech companies will be able to consolidate this radical change under the leadership of the Minister of Hydraulic Resources and Electricity”, adds the feedback. 

The Democratic Republic of Congo has an energy potential capable of supplying Africa, but the rate of those who have electricity is around 6 to 7%. The same applies to the water sector, despite the hydraulic potential of the country, many provinces including Kinshasa are not always supplied with water. The managers of these two companies, namely SNEL and REGIDESO, have always justified this situation by the lack of substantial financial resources. The Congolese State, like individuals, owes a great deal to these two companies, debts which to this day remain unpaid. 

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