I know it's low ball Chilla.
That's my point.
No ML. No TO in vicinity of crazy predictions like $2 to $5.
It just isn't realistic. Chinese choking us, in for the long, long game. DRC corruption entrenched.
I believe I'm close to being on the money. Wish I didn't.
Corruption perception index: DRC placed 166th globally
In a report published this Tuesday, January 31, 2023 by Transparency International on the Corruption Perceptions Index for the year 2022, a report according to which corruption remains at the root of the multiple crises in the world and affects the security of several nations .
According to this report, the Democratic Republic of the Congo is among the five least peaceful countries in the world and the Corruption Perceptions Index, CPI, also places it among the bottom 20 most corrupt countries in the world with a score of 20%. , compared to 19% obtained in 2021.
However, at the global level, the average score is 55%.
At the regional level, sub-Saharan Africa obtains a score of 32% with a regression of 1% compared to the year 2021.
“Since President Tshisekedi came to power, he has shown his political commitment to fighting corruption and achieving higher levels of integrity, transparency and accountability, notably through the creation of the Coordination for Change Mentality, the Agency for the Prevention and Fight against Corruption, the strengthening of the General Inspectorate of Finance and the rehabilitation of the Court of Auditors.
Despite these efforts, no significant improvement is being felt,” reveals the Congolese Anti-Corruption League.
These results show that the Democratic Republic of Congo does not always manage to deal with security problems in the eastern part of the country because of corruption.
Many experts note that corruption is growing in the public sector and enforcement measures remain weak.
It should be remembered that no less than 15 billion dollars vanish each year as a result of corruption, Professor Luzolo Bambi, former adviser to Joseph Kabila in the fight against corruption and money laundering.
mediacongo
Food for thought on the long and winding road to Manono
Frank
*To add, I see where,
Cooperation: "The volume of DRC-China trade increased by 51.7% in 2022" (Ambassador Zhu Jing)
Trade between the People's Republic of China and the Democratic Republic of the Congo broke a record again, registering $21.9 billion, a year-on-year increase of 51.7 percent.
With this new record, China has kept the place of the first foreign investor in the DRC for the 4th consecutive year, announced Zhu Jing, Chinese Ambassador to the DRC, Monday, January 30 in Kinshasa, on the occasion of the feast of the Spring marking the beginning of the Chinese New Year under the sign of the rabbit.
In front of Congolese diplomats and officials, including the Speaker of the Upper House of Parliament, Modeste Bahati Lukwebo, the Chinese Ambassador said that significant progress has been made in major cooperation projects such as the Cultural and Artistic Center of the countries of Central Africa and the Kinsuka substation in Kinshasa.
“In the New Year, China is ready to work with the DRC to further implement the consensus reached by the two heads of state, strengthen high-level exchanges, consolidate political mutual trust and to deepen pragmatic cooperation in mining, infrastructure, industry, education, health, security and defense,” Zhu Jing said, before announcing that he is preparing to leave the DRC where he was posted for three years and two months.
In 50 years of Sino-Congolese friendship, trade between the two countries has multiplied by 450 and the achievements of this cooperation in terms of infrastructure, social, educational, cultural are visible in the four corners of the DRC.
mediacongo
