You are here

Category: Economy

President Hichilema meets Cyril Ramaphosa 1 Economy Mining in Zambia 

President Hichilema meets Cyril Ramaphosa

admin
President Hakainde Hichilema today held a meeting with his South Africa’s counterpart Cyril Ramaphosa to find common grounds for harnessing development in rich mineral resource countries. President Hichilema also held several private engagements with key stakeholders in the mining and financial sectors to stir investments into the country’s economic growth. Key to this was to woo investments in the mining and supporting sectors such as energy, infrastructure, logistics and manufacturing with an aim of boosting Zambia’s economy. Other key stakeholders that the Head of State met were Stanbic Bank and… Read More Here
Sama Lukonde talks economic cooperation with President Cyril Ramaphosa 2 Mining in DRC Economy 

Sama Lukonde talks economic cooperation with President Cyril Ramaphosa

admin
On the sidelines of the Mining Indaba 2022 Forum, the Prime Minister, Jean-Michel Sama Lukonde, was received in audience, this Tuesday, May 10 in Cape Town, by the South African President, Cyril Ramaphosa.  According to the Minister of Communication and Media, Door of the Government of the DRC, it was a question, during these exchanges, of the improvement and strengthening of economic cooperation between the Democratic Republic of Congo and South Africa. South, particularly with regard to the pooling of efforts for the development of value chains in the mining… Read More Here
DRC investment climate has improved under Felix Tshisekedi's administration, US report says 3 Mining in DRC Economy Governance 

DRC investment climate has improved under Felix Tshisekedi’s administration, US report says

arnbethnic
From openness to foreign direct investment to the fight against corruption, including the return of the DRC to AGOA, the implementation of reforms to improve the judicial system, transparency in the management of public finances, the facilitation business through the Single Window for Business Creation (GUCE), the raising of the country’s sovereign rating, are all assets taken into account by an American report on investments in the DRC and which make the administration of Félix Tshisekedi in his efforts to improve the business climate. At a time when all the… Read More Here
DRC-China trade reached 5.6 billion USD in the first quarter of 2022 4 Mining in DRC Economy 

DRC-China trade reached 5.6 billion USD in the first quarter of 2022

arnbethnic
Trade between China and the Democratic Republic of Congo (DRC) reached 5.6 billion U.S. dollars, an average growth of 98 percent over the same period of 2021. These statistics were provided by the Chinese Ambassador to the DRC, Zhu Jing, during an exchange with Congolese media on Friday, April 22, 2022. The Chinese diplomat believes that with the increase in copper and cobalt production capacity recorded by the country, the DRC is gaining market share in the world, mainly with China. Because, in parallel with the continuous increase in the production… Read More Here
ODEP recommends to the DRC's Head of State to continue the process of recovery of disputed mining assets 5 Mining in DRC Economy Environment Social Governance (ESG) 

ODEP recommends to the DRC’s Head of State to continue the process of recovery of disputed mining assets

arnbethnic
The Public Expenditure Observatory (ODEP) and several civil society structures have made a good number of recommendations to the President of the Democratic Republic of Congo and to the central government, on the agreement signed between the DRC and the Ventora group of Dan Gertler. It was during the work of the Round Table on the restitution of mining and oil assets by the Ventora Group of the Israeli economic operator Dan Gertler. Works which took place from April 13 to 14, 2022 under the leadership of the Presidency of the… Read More Here
GED Africa and the DRC government have signed a major long-term infrastructure development agreement 6 Mining in DRC Economy Governance 

GED Africa and the DRC government have signed a major long-term infrastructure development agreement

arnbethnic
GED Africa, the DRC Ministry of Infrastructure and the Agence Congolaise des Grands Travaux (ACGT) are finalizing the 25-year Concession Agreement outlining the infrastructure development needs of the DRC segment of the GED Africa Route. Kinshasa, Democratic Republic of Congo, April 11, 2022- The signing of this Concession Agreement marks a critical milestone for the project, and paves the way for the construction of a new road between Kasomeno, in the Democratic Republic of Congo (DRC) and Mwenda , in Zambia. Key features of this multilateral infrastructure project include a… Read More Here
Félix Tshisekedi summons public companies including SNEL and REGIDESO to digitize their financial systems 7 Mining in DRC Economy Governance 

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

arnbethnic
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… Read More Here
Global Risk Complexity Could Support Stronger Appetite in Longer Dated Kwacha Securities in Upcoming Bond Sale 8 Mining in Zambia Economy 

Global Risk Complexity Could Support Stronger Appetite in Longer Dated Kwacha Securities in Upcoming Bond Sale

admin
The current chaotic state of the global environment is posing an array of short term risks that could fret offshore players in locking liquidity is shorter dated tenors in the upcoming Kwacha fixed income debt sale earmarked for Monday March 21, 2022. Grappling with a debt restructure whose time lines remain uncertain, geopolitical tensions have nonetheless seen crude prices at highs last seen in 2008 – potentially fueling inflation pressure. The risk landscape in the short term, remains fairly elevated and is compounded by the recent US Federal Reserve Open Market… Read More Here
An economic mission of South African investors expected in DR-Congo 9 Mining in DRC Economy 

An economic mission of South African investors expected in DR-Congo

arnbethnic
The Congolese Minister of Finance, Nicolas Kazadi, paid a courtesy visit to the Republic of South Africa from February 21 to 24, 2022 following the invitation of his counterpart, the Minister of Finance of the Republic of South Africa, Mr. Enoch Godongwana. According to the communication service of the Ministry of Finance, this mission enabled Nicolas Kazadi to participate in the presentation of the 2022 budget before the South African Parliament and hold working sessions to strengthen economic ties between the two countries and prepare the organization of the ”  RDC-RSA… Read More Here
Dan Gertler: a first step towards ending the plunder of natural resources in the DRC, but too early to declare victory! 10 Mining in DRC Economy Environment Social Governance (ESG) 

Dan Gertler: a first step towards ending the plunder of natural resources in the DRC, but too early to declare victory!

arnbethnic
February 19, 2022 – A Congolese commission has initiated negotiations with Dan Gertler on the recovery of mining and oil assets. The Congo is not for sale coalition welcomes this first step but calls on the government to ensure that the agreement covers all ill-gotten gains and calls for the process and results of the negotiations to be made more transparent. According to the report of the Council of Ministers of February 18, a commission “concluded with the Fleurette group the terms of reference of a memorandum of… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.