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Category: Governance

Mineral Royalty in DRC Marred by Many Irregularities 1 Mining tax Governance Mining in DRC Taxes 

Mineral Royalty in DRC Marred by Many Irregularities

arnbethnic
Mining royalty in the DRC marred with minimum actions, payments unknown to the public, transparency suspicions, management leaves much to be desired in ETDs in greater Katanga The mining royalty is undoubtedly the delight of the Decentralized Territorial Entities (ETD) which house mining companies exploiting copper and cobalt in the former Katanga. This is an innovation of the 2018 reform of the 2002 mining code. However, despite the improvements brought about by this law, transparency in the management of the funds of this precious sesame poses a problem while this… Read More Here
DRC: Félix Tshisekedi considers revision of certain mining contracts 2 Mining in DRC Governance 

DRC: Félix Tshisekedi considers revision of certain mining contracts

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The Head of State met with local authorities in his visit in Kinshasa, but also mining operators. In a popular meeting, at the Mwangeji crossroads in the center of the town of Kolwezi, he also mentioned the various contracts.  “It is not normal that those with whom the country has signed exploitation contracts get richer while our populations remain poor,” he said. And to add: “It is time for the country to readjust its contracts with the miners with a view to sealing win-win partnerships”, declared the President of the Republic… Read More Here
DRC: CNPAV considers Dan Gertler's proposal "less relevant" and calls for a judicial inquiry rather than a round table 3 Mining in DRC Governance Mining Policy 

DRC: CNPAV considers Dan Gertler’s proposal “less relevant” and calls for a judicial inquiry rather than a round table

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The Congo is not for sale (CNPAV), in a press release published this Friday, May 14, gave its opinion on the proposal made by the Israeli businessman Dan Gertler on the proposal of a round table bringing together this platform with other “unidentified” civil society groups First, the CNPAV doubts the credibility of this proposal because it has not been officially informed. It is through the media that the CNPAV declares that it was informed of this proposal.  “Congo is not for sale saw a document allegedly from Mr. Gertler’s ‘communication… Read More Here
Tshisekedi visits Glencore’s Kamoto project in recognition of investments made 4 Mining in DRC Governance 

Tshisekedi visits Glencore’s Kamoto project in recognition of investments made

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Democratic Republic of the Congo (DRC) President Felix Tshisekedi visited the operations of Glencore’s Kamoto Copper Company (KCC) in Kolwezi, on May 13, in recognition of the miner’s near $8-billion investment in the country. KCC is a joint venture (JV) between Glencore and DRC commodity trading and mining company Gécamines, which conforms to the Responsible Minerals Assurance Process standard for cobalt as defined by the Responsible Minerals Initiative. The visiting delegation also included DRC Prime Minister Sama Lukonde, Mines Minister Antoinette N’Samba, Lualaba province deputy governor Fifi Masuka and Gécamines chairperson Albert Yuma, as well as Glencore… Read More Here
DRC: the CNPAV estimates past losses of GECAMINES in its shares and royalties within Mutanda Mining from 2011 to 2020 5 Mining in DRC Cobalt Copper Governance Mining Policy 

DRC: the CNPAV estimates past losses of GECAMINES in its shares and royalties within Mutanda Mining from 2011 to 2020

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Congo is not for sale (CNPAV) estimated the DRC’s past losses in its shares and royalties, in one of the country’s largest mining companies, “Mutanda Mining”, at more than one billion euros. US dollars (1,035,000,000 USD), from March 2011 to December 2020. This is revealed by the report of this civil society platform entitled: “Billions lost: financial investigation into Dan Gertler’s transactions in the sector extractif ”, published Wednesday, May 13 in Kinshasa. Mutanda has been in the top 3 of the largest mining companies in the DRC for most… Read More Here
DRC: CNPAV alerts Tshisekedi on Dan Gertler's involvement in the KCC mine where he plans to inaugurate a new production unit 6 Mining in DRC Copper Corporate social responsibility Governance 

DRC: CNPAV alerts Tshisekedi on Dan Gertler’s involvement in the KCC mine where he plans to inaugurate a new production unit

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While the Head of State Félix Tshisekedi arrived this Wednesday, May 13 in the province of Haut-Katanga, where he was announced at the inauguration of a production unit at the Kamoto Copper Company sulfuric acid plant (KCC), The Congo is not for sale (CNPAV) alert on the involvement of Dan Gertler in this factory. Indeed, according to various sources, on site in Kolwezi, Felix Tshisekedi will inaugurate in particular a branch of the Central Bank of Congo (BCC), the building housing the work office of the President of the Republic… Read More Here
CNPAV asks for an independent investigation into Dan Gertler for corruption in the Kalukundi case | DRC 7 Governance Mining in DRC 

CNPAV asks for an independent investigation into Dan Gertler for corruption in the Kalukundi case | DRC

arnbethnic
The anti-corruption campaign “Congo is not for sale” (CNPAV), welcomed, during a press conference held this Monday, November 09, the condemnation by the American justice of OZ Africa, a subsidiary of American speculative investment fund Och-Ziff, for corruption linked to a mining project in the Democratic Republic of Congo. The Campaign urges the Congolese justice system to investigate the allegations in order to ensure that everyone involved in the case is accountable for their actions and so that the Congolese victims are recognized and compensated. The New York court ruling… Read More Here
NGOs call on the government to publish MOUs signed with new Grand Inga 3 developers 8 Mining in DRC Governance 

NGOs call on the government to publish MOUs signed with new Grand Inga 3 developers

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Civil Society Organizations specialized in monitoring the electricity sector, had on Monday, September 28, 2020 in Kinshasa, assessed and analyzed the evolution of the context of the implementation of the Project. After several discussion these organizations deplore a total opacity around the information on the major stages of the Inga 3 project, and the conditions of involvement of new developer candidates for its implementation. In a joint press release, read by these civil society organizations, they deplore an institutional vagueness around the legal authority in charge of coordinating the Inga… Read More Here
KCM Digital Justice DRC Governance Mining in DRC 

Implementation of the Digital Justice Project to strengthen the rule of law and fight against corruption in DRC

arnbethnic
The 46th meeting of the Council of Ministers, held on Friday August 28, announces a digital justice project for the strengthening of the rule of law through the modernization of justice in order to carry out the fight against anti- values ​​initiated since the beginning of this year.  The report of the Council of Ministers indicates that software which facilitates the training and upgrading of the country’s magistrates has been set up with the assistance of France. “It is in this context that, thanks to cooperation with France, a group… Read More Here

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