DRC’s Minister of Mines and the EITI coordinator review the payroll situation of the mining royalty due to the Public Treasury and ETDs
The Minister of Mines, Willy Kitobo discussed this Thursday, March 11 with Jean-Jacques Kayembe, Coordinator of the EITI-DRC (Initiative for transparency in the extractive industries). Mr. Kayembe was accompanied by the consultant recruited to shed light on the payments by all parties of the mining royalty due to the Public Treasury, to the provinces, to ETDs and to the Mining Fund for Future Generations (FOMIN).
“During this hearing, Mr. Jean-Jacques Kayembe, EITI-DRC coordinator presented to the Minister of Mines the consultant who had been recruited to carry out a monitoring mission on the mining royalty and thus clarify the data collected by the EITI-DRC where discrepancies were observed between what was calculated and paid in the Public Treasury during the improvement and validation work of the EITI-DRC report 2018, 2019 and 1st half of 2020 presented in Lubumbashi on 02 to February 03, 2021 ”, reported the cabinet of the Minister of Mines.
The consultant recruited by the EITI-DRC and presented to the Minister of Mines is called Raymond Kabongo. The latter will mainly take care of the mining royalty.
Other missions have been decided in order to reassure all stakeholders of transparency and good governance in the mining sector.
“The EITI-DRC Coordinator took the opportunity to present the other control missions programmed with other experts on the publication of mining contracts and on the management of the mining sector by the Mining Cadastre, missions decided by the Executive Secretariat of EITI-DRC to reassure all stakeholders of transparency and good governance in the management of the mining sector, ”concluded the aforementioned source.
The EITI is an important structure in the framework of transparency and the fight against corruption in the extractive sector. It has the advantage of providing all public institutions (Presidency of the Republic, government, Parliament, judiciary) and the general public with useful information for strengthening transparency and the fight against corruption in the sector. extractive industries. The EITI can be used as a tool to boost reforms in the extractive sector, on the one hand, and to pass the benefits of mining and oil exploitation to local communities, on the other hand.
