Governance - Copperbelt Katanga Mining

“Gertler caused the DRC to lose 2 billion USD, charges dropped without explaining what was recovered”

February 28, 2022February 28, 2022 arnbethnic

On Thursday, February 24, the government signed an amicable memorandum of understanding with the Ventura group of Israeli businessman Dan Gertler. This expectation puts an end to the legal dispute between the two parties and allows the Congolese State to recover disputed mining and oil assets linked to Dan Gertler. The Congolese presidency is delighted and speaks of a historic first for the country: “The Congolese State will therefore revalue these assets for the exclusive benefit of the population according to the vision of the Head of State”, says the cabinet of… Read More Here

The DRC recovers the disputed mining and oil assets of the Ventura group in an agreement signed with Dan Gertler

February 28, 2022February 28, 2022 arnbethnic

The Democratic Republic of Congo signed an agreement with Israeli businessman Dan Gertler on Thursday, February 24, which allows the country to recover the disputed mining and oil assets of the Ventura group in the DRC. This is announced by the Presidency of the Republic. This agreement signed amicably between the DRC and the Ventura company of the Israeli Dan Gertler aims to put an end to the legal disputes which opposed the two parties. For the Presidency of the Republic, this is a “historic first for the country which thus… Read More Here

Mining in DRC Governance

DRC: Sama Lukonde receives explanations from the FEC on the difficulties encountered in the private sector

February 20, 2022February 21, 2022 arnbethnic

The Congolese Prime Minister, Jean-Michel Sama Lukonde Kyenge, received, on Wednesday February 9, 2022, at the Primature, a delegation from the Federation of Companies of Congo (FEC). During this meeting, this FEC delegation presented several questions related to the general situation of Congolese companies, in particular the problems these companies are facing. According to Mr. Kimona Bononge, Managing Director of the FEC, the Prime Minister allowed his organization to present the multiple concerns of the Federation with a view to appropriate solutions. “ We were received by the Prime Minister at… Read More Here

Mining in Zambia Governance

Mines and Minerals Minister Paul Kabuswe threatens to grab Black Mountain if Caderism shows its head

February 17, 2022February 17, 2022 admin

Mines and Minerals Minister Paul Kabuswe has threatened to shut down operations at the black mountain in Kitwe in an event of confusion or political tension in its operations or should there be any reports of careerism and political interference. Mr. Kabuswe warned that he did not want to see people brandishing guns, party regalia nor expensive vehicles at the black mountain, or he will shut it down. Mr.Kabuswe has said the new dawn Government wants the slug to be run smoothly without any political interference adding that its proceeds… Read More Here

Governance Mining in Zambia

Interventions in mining and other key sectors to prop Zambia’s GDP

February 15, 2022February 15, 2022 admin

Zambia government has revealed that by 2024, the country’s GDP is expected to rise to 4.4 per cent following strategic interventions in the agriculture, tourism, mining, manufacturing, energy, and transport sectors. The government has also projected a modest 3.5 per cent rise in its Gross Domestic Product (GDP) for 2022, a small rise from the 3.3 expected to have been attained last year. This is contained in the 2022-2024 Medium Term Budget Plan released by the Ministry of Finance. It said the economic outlook for 2022 and the medium term… 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 Governance

Mining exploitation licences in Kasai at the center of discussion between the Deputy Minister of Mines and the National Deputy

February 13, 2022February 13, 2022 arnbethnic

The Deputy Minister of Mines, Godard Motemona received, on Wednesday January 26, 2022 in his office, the national deputy Guy Mafuta Kabongo, the elected representative of Tshikapa and agent in mines and quarries. The latter came to express his concern about the freezing of mining rights by certain holders of said rights, this situation creates permanent conflicts with the local populations, prevented from engaging in agricultural and mining activities. In the meantime, other holders of mining rights impose contracts on farmers obliging them to share their own agricultural production unfairly.… 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