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Category: Governance

Agreement between the Government and Dan Gertler- an amicable settlement and questions 1 Mining in DRC Governance 

Agreement between the Government and Dan Gertler- an amicable settlement and questions

arnbethnic
Dan Gertler moved up to the presidency of the Republic. It’s a big day for him. He and his team are happy. They say they are relieved. They even thank Felix Tshisekedi. It is no coincidence that the signing of the memorandum of understanding is done directly at the Presidency of the Republic. The case was taken in hand directly by the cabinet of the Head of State even if it is Minister Rose Mutombo who affixes her signature alongside that of the Israeli businessman.  What we know According to the government and Dan Gertler, all… Read More Here
Kinshasa amicably recovers mining assets from Israeli Dan Gertler 2 Mining in DRC Governance 

Kinshasa amicably recovers mining assets from Israeli Dan Gertler

arnbethnic
Dan Gertler, the Israeli businessman accused of illicit enrichment in the DRC. Ph. Third Party Rights. The Congolese State has concluded an amicable agreement with the Israeli businessman Dan Gertler by which he recovers “disputed mining and oil assets” valued at more than 2 billion dollars, announced Friday evening the cell of communication from the presidency to Kinshasa. This agreement, signed Thursday at the presidency and whose terms have not been specified, “puts an end to the legal dispute” which opposed the Democratic Republic of Congo to Dan Gertler, adds the… Read More Here
“Gertler caused the DRC to lose 2 billion USD, charges dropped without explaining what was recovered” 3 Mining in DRC Governance 

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

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 4 Mining in DRC Governance Mining Policy 

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

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
Félix Tshisekedi requests to analyze the MoU with the Fleurette company so that the Congolese State takes over its mining and oil assets 5 Mining in DRC Environment Social Governance (ESG) Governance 

Félix Tshisekedi requests to analyze the MoU with the Fleurette company so that the Congolese State takes over its mining and oil assets

arnbethnic
As part of the cleaning up of the mining and hydrocarbons sector, the Head of State Félix Tshisekedi, in his communication during the 41st meeting of the Council of Ministers on Friday, February 18, reminded the government of its option exercised concerns the contracts on the mining and oil concessions of the Fleurette group for a comprehensive and amicable settlement of all disputes. The objective is, according to Félix Tshisekedi, to allow the Democratic Republic of Congo to regain control of its mining and oil assets.  “After negotiations, the commission set… Read More Here
DRC: Sama Lukonde receives explanations from the FEC on the difficulties encountered in the private sector 6 Mining in DRC Governance 

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

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
Mines and Minerals Minister Paul Kabuswe threatens to grab Black Mountain if Caderism shows its head 7 Mining in Zambia Governance 

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

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
Interventions in mining and other key sectors to prop Zambia’s GDP 8 Governance Mining in Zambia 

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

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
Zambia’s President Hands over the Black Mountain to Coorperative, Women in Mining and the Host Community. 9 Mining in Zambia Copper Economy Governance 

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

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 exploitation licences in Kasai at the center of discussion between the Deputy Minister of Mines and the National Deputy 10 Mining in DRC Governance 

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

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

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