Economy - Copperbelt Katanga Mining

Small Scale Miners looking forward to the resumption of operations at the Black Mountains- Zambia 1

The Small Scale Miners Association of Zambia has hailed the Government’s decision to hand over a portion of the Kitwe Mineral Slag Dump commonly known as Black Mountain to cooperatives owned by the local youth and women. President Hakainde Hichilema on Sunday night announced on Facebook the handover of the Kitwe Black Mountain to a Consortium of cooperatives representing all the 10 districts of the Copperbelt province, the Women in mining group, and the Community hosting the black mountain. The Black Mountain located between Wusakile and Nkana West is owned… Read More Here

Mining in Zambia Copper Economy Governance

Zambia’s President Hands over the Black Mountain to Coorperative, Women in Mining and the Host Community.

February 13, 2022February 14, 2022 arnbethnic

Zambia’s President Hakainde Hichilema has handed over the famous black mountain, a mineral rich slag dumb of mining waste from the previous ZCCM mining days situated in Nkana, Kitwe on the Copperbelt Province of Zambia. In his statement, President Hichilema said the site has been given to three groups who have been given licenses to operate and these includes a Consortium of cooperatives representing all the 10 districts of the Copperbelt province, Women in Mining and the Community that hosts the black mountain. Below is the President’s statement on the… Read More Here

Mining in DRC Economy Governance

East African Community approves DRC’s application for membership

February 12, 2022February 12, 2022 arnbethnic

The Council of Ministers of the East African Community (EAC) has approved the admission of the Democratic Republic of Congo to this regional bloc. The announcement was in a press release consulted on Saturday February 12 on the community’s website. According to this press release, this approval was made on Tuesday, February 8, following negotiations held between the EAC and the DRC from January 15 to 24 in Nairobi, Kenya. The EAC negotiating team was led by Dr Alice Yalla, Secretary for Integration at the Ministry of EAC and Regional Development… Read More Here

Mining in DRC Economy Governance

Faced with “obscured” Chinese mining contracts, an American official offers another “model” to the DRC

February 7, 2022February 7, 2022 arnbethnic

Faced with China and “opaque” mining contracts that do not or very little benefit the population, a senior American official said on Saturday in Kinshasa that the United States was offering the Democratic Republic of Congo another “model of development “. “For too long the great wealth of the DRC has not translated into a better quality of life for the Congolese,” Daleep Singh, US deputy national security adviser, told reporters on a visit to the DRC capital where he met President Félix Tshisekedi on Friday. According to him, “generations… Read More Here

Mining in DRC Economy Governance

A new partnership framework between the World Bank and the Democratic Republic of Congo

February 7, 2022February 7, 2022 arnbethnic

Jean-Christophe Carret, Director of World Bank Operations for the Democratic Republic of Congo, Angola, Burundi and Sao Tome & Principe was received this Friday, February 05, 2022 by the President of the Senate Modeste Bahati Lukwebo. On the menu of exchanges between the two personalities, is the new partnership framework between the World Bank and the Democratic Republic of Congo. The representative of the World Bank said that the new partnership framework between this international financial institution and the DRC will soon be presented in Washington. According to the representative of… Read More Here

Mining in DRC Economy Governance

DRC President Félix Tshisekedi notes real difficulties in the application of the law on subcontracting

January 30, 2022January 30, 2022 arnbethnic

In his communication during the 38th meeting of the Council of Ministers held on Friday January 28, 2022, the President of the Republic Félix Tshisekedi noted real difficulties in the application of the law governing the field of subcontracting, particularly in the mining sector. specifically concerning its business tax regime. Added to this list is the development of illegal mechanisms for circumventing the law to the detriment of the local workforce. “Drawing the consequences of the low impact of the effects of the law on subcontracting in the private sector… Read More Here

Mining in DRC Economy

The United States reassures Sama Lukonde of the start of American investments in DRC this year (2022)

January 30, 2022January 30, 2022 arnbethnic

Congolese Prime Minister Jean-Michel Sama Lukonde has received assurances from White House officials and the US State Department that US investments will start in the Democratic Republic of Congo this year 2022. Jean-Michel Sama Lukonde Kyenge indeed exchanged with a delegation of American officials, this Friday, January 28, 2022, at the Primature. The American mission, made up of delegates from the State Department, the White House and the United States Embassy in the DRC, assured the Head of the Congolese Government of the desire of the country of Uncle Sam… Read More Here

Covid-19 Economy

2021 Visa Openness Index calls for easier travel to propel Africa out of Covid-19 slump

December 16, 2021January 6, 2022 arnbethnic

Opening up Africa’s borders to travel will drive investment and an economic rebound, according to the authors of the 2021 Africa Visa Openness Index. Published yearly since 2016, the Index measures African countries’ openness to travellers from elsewhere on the continent. This year’s edition found that the onset of the Covid-19 pandemic substantially impacted free movement. “In this new era of travel, safety and hygiene protocols have become as important as travel documentation and visa formalities,” said the report, jointly released by the African Development Bank and the African Union Commission… Read More Here

Mining in Zambia Economy Mining in DRC

HH, Tshisekedi hold talks in Kinshasa, agree to resolve trade barriers

November 24, 2021November 24, 2021 admin

Zambian President His Excellency Hakainde Hichilema held very fruitful bilateral talks with His Excellency Félix Antoine Tshisekedi Tshilombo in Kinshasa yesterday. Their talks centred around trade and investment and long-standing border issues between our two countries, which they agreed should be resolved harmoniously. They also agreed that trade and investment can be enhanced if they normalise border challenges. This would not only allow both countries to focus on the creation of business opportunities, but that such efforts would in turn improve livelihoods, health and education for the people of DRC… Read More Here

Economy Mining in DRC Taxes

Nicolas Kazadi delighted with the receipts achieved of 445 million USD in August- DRC

September 6, 2021 admin

Nicolas Kazadi presented Friday to the Council of Ministers the state treasury situation for the month of August 2021. In terms of revenue, 891.6 billion CDF were collected over the period, or 445 million USD. “Which is exceptional for this month of August, a month which has always recorded the weakest results in previous years”, said the Minister of Finance. Compared to the budget allocations for the month of August 2021, an achievement rate of 129% emerged. He explains this performance by consolidating the momentum for increased revenue mobilization. According to… Read More Here