AVZ Discussion 2022

Rediah

Regular
Stephen Earl …. Pffft ; this is the Deboss 🤘🤘🤘expect the unexpected 🤘🤘watch out shorters!!


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Before DeBoss, there was his middle class cousin CBOSS.

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Samus

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Bin59

Regular
 
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Bricky1

Emerged
Xinjing Coal Industry Co. Ltd.

 
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@Sammael and @Bin59

Thanks for your continued sleuthing, it’s allowed me to have a bit of time out and follow up my sleuthing into @Deboss

After all the effort I put into tracking him down today I wasn’t going to let him get away with his winking any longer, rest assured he won’t be winking for a while

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The Fox

Regular
Obe any thoughts on Yibin increasing their shares by 14 million, HSBC Custdody increasing their’s by 26 million and Citicorp increasing theirs by 25 million
Hmm, more interested as to who is "really" behind Lithium Plus, buying 50m shares off the retrace after ATH one day before suspension, picking up 2/3 of Canacord's 76m share dump. Very interesting 🤔 🦊
 
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Samus

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The Congo is in a vicious circle: economic criminals enrich themselves on the backs of the people and use this ill-gotten wealth for their political positioning. As a result, 99% of Congolese politicians are corrupt and support #corruption . #RDC
 
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Spikerama

Regular

The Congo is in a vicious circle: economic criminals enrich themselves on the backs of the people and use this ill-gotten wealth for their political positioning. As a result, 99% of Congolese politicians are corrupt and support #corruption . #RDC


I reckon this poster I've just made would make the perfect reply to that tweet.

I've added it to the Asset Library along with a French version too for anyone who wants to use them.

 

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Samus

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I reckon this poster I've just made would make the perfect reply to that tweet.

I've added it to the Asset Library along with a French version too for anyone who wants to use them.

It's perfect, I've posted in reply. Thanks!
 
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Spikerama

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Samus

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Spikerama

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Jazz

Regular
@Sammael and @Bin59

Thanks for your continued sleuthing, it’s allowed me to have a bit of time out and follow up my sleuthing into @Deboss

After all the effort I put into tracking him down today I wasn’t going to let him get away with his winking any longer, rest assured he won’t be winking for a while

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Why are you trying to track him down?
 
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TDITD

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TDITD

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$AVZ
 
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Ozthescot

Regular
Use this search to keep the bot content away.
$avz -url:discord -“all directions though” -“juno” -#mvis -“top analyst”

secondly, block every user that simply posts “$AVZ”
I'll second this! Exactly what i do, keeps away all the crap. Allows for much easier viewing of all things AVZ on the bird.
 
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Ozthescot

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Frank

Top 20
Sino-Congolese contract: "Stop politicizing the Sicomines affair"

“We send a message to all those who want to do political recovery of the Sicomines affair: stop.


The General Inspectorate of Finance has produced a technical report.

This mission started 6 months ago.

It is not because there are elections today that we have to stop working", declares, guest of the Special Edition on Top Congo FM, Jules Alingete, head of the services of the General Inspectorate of Finances (IGF), about the "misguided sons of the DRC" who accompanied (by passivity or complicity) Chinese companies in the selling off of natural resources within the framework of what were then called "Chinese contracts" signed in April 2008.

"Let those who are agitated, stop. My brothers Congolese politicians who were agitating, you are not concerned. Do not be afraid.

Be with us to defend the interests of the Congo, don't play into the hands of these Chinese companies who put forward to make believe that this is a problem between Congolese.

Stop your useless agitations”, he urges.

"The message I send them is that we have no problem with you. We understand the circumstances in which you acted. We say to you (simply): Congo first", reassures Jules Alingete.


"The report is technical and can be summed up in one thing: what we were promised in the agreement has not been given to us. We are only asking that we be able to give it and that in addition, we revisit the agreement to rebalancing the benefits, just that," he insists.

The Chinese didn't execute the convention alone?

"There are also many Congolese, Congolese structures that have intervened, but I do not want to put them on the dock.

I would simply like these Congolese to be with us to ask, in the interest of Congo, the Chinese side, its companies, to fulfill their commitments.


A point, a line", pleads the chief inspector.

“We ask Chinese companies involved in the convention to fulfill their commitment.

Subsequently, we ask these companies to sit down with the agency responsible for monitoring and coordinating their activities to examine the review of this contract which is totally unbalanced", he explains.

What about the status quo?

And in the case of China or at least its companies did not move one iota, Jules Alingete begins by noting "that the Congolese government has done what it promised.

They (Chinese companies) have promised infrastructure, it's a commitment.


They have to keep it (as long as they) recognize that we are at 822 million dollars instead of 3 billion over 15 years”.

And it is precisely "where we can say that the Congolese have abused, it is in the 822 million dollars of infrastructure that we estimate to have been overcharged.

In this Congolese part, there is the Agency for Major Works which was responsible for monitoring", he reveals, before returning to the hypothesis where the Chinese part does not run.

"The operating permit is renewable by the government", begins by recalling this senior public official.

Already, “next year, it will have to be renewed.

The government may not renew the permits.

These are coercive measures to lead to negotiation.


It's not just that (need to know).

Today, they no longer have exemptions.

There are other measures we can take," he said.


The political class, a misfortune

However, "these are partners and we are within the framework of a convention.

Let's not set fires.

We ask them (simply) to fulfill their commitment and that we can examine the agreement to see which provisions will have to be revisited", resumes Jules Alingete before going there with his clear and absolutely sharp peak: "The misfortune of the Congolese people is their political class".

Certainly, "it is true that in this political class, we have values, but the majority, nearly 90% of the people who are part of the Congolese political class promote mediocrity, to paraphrase Cardinal Mosengwo", formulates he.

“I go even further: they promote hooliganism.


That is to say public governance by corrupt people.

We must be patriots, we must love Congo.

If we do not defend the interests of Congo, there is no one who will come to do it in our place", he says.


mediacongo

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Chinese contract unpacked: Jules Alingete scratches and puts pressure, Sicomines already drops 700 million dollars!

Jules Alingete played and won the DR-Congo, which lost billions in the deal with China presented as the "contract of the century" which should be "win-win".

The investigation into this contract, carried out by the brigade of inspectors of the General Inspectorate of Finance -IGF- under the leadership of Alingete, revealed a flagrant imbalance in favor of Chinese interests.


The gain of the Grouping of Chinese companies -GEC-, born following the conclusion of the "contract of the century" in 2008, was evaluated at USD 76 billion by the IGF while the DR-Congo only obtained USD 3 billion.

In the end, revealed "Jeune Afrique", which got its hands on a still confidential part of the audit submitted to President Félix Tshisekedi, the Chinese side has only mobilized USD 4.47 billion in 14 years, of which only 822 million were used to finance the construction of infrastructures, moreover "invisible".

The IGF report caused an outcry on the web, not without putting "pressure" on the negotiations started last November between the GEC and the DR-Congolese State, represented by the Agence de pilotage de coordination et de follow-up of collaboration agreements -APSC.

The latter, created in March 2022 to monitor the various collaboration agreements between the DR-Congo and its private partners, replaced the Coordination and Monitoring Office of the Sino-Congolese Program - BCPSC.

The Director General of the APSC, Freddy Yody Chembo, during his speech on the airwaves of Top Congo, announced that the Sino-Congolese mines -SICOMINES-, one of the companies of the GEC, will release a total of USD 700 million this year for the construction of infrastructure for the benefit of the DR-Congo.

Thanks to this same intervention, Freddy Yody Chembo acknowledged that “the IGF report has increased the pressure” on Chinese companies which have already dropped USD 500 million while negotiations continue.


This sum will be released in two stages: first USD 350 million and then USD 150 million.

It will, according to the director general of the APSC, be injected into projects “to be carried out by the Ministry of Infrastructure”.

The DR-Congolese party, he said, has requested an additional USD 200 million which will bring the total amount to be paid into the Treasury account this year to USD 700 million.

"The negotiations being in progress, it is likely to go beyond these 700 million which will allow the Republic to regain its rights", an observer told AfricaNews, while welcoming the "work of the titans" carried out by Jules Alingete, head of the General Inspectorate of Finance -IGF-, to "give a necessary push to the negotiations so that the Chinese contract can really benefit the DR-Congolese".

For Alingete and its inspectors, this contract, in its initial form, represented “unacceptable economic colonization”.


This, given that the country has lost 3,500 km of road, as many kilometers of railway, 31 hospitals and 145 health centers.

These various infrastructures should be built by Chinese companies in return for the exploitation of the DR-Congolese mines.

They should cost 6.5 billion.

To President Félix Tshisekedi, the IGF handed over a list of requirements to correct the “glaring imbalance” found in the Chinese contract.

These include the revision of the distribution of the capital of SICOMINES by taking into account the value of the deposits provided by Gécamines, the revaluation of the amount of infrastructure to be financed by the Chinese party to USD 20 billion USD.

mediacongo

Sino-Congolese contracts: when Adolphe Muzito deplored an "injustice" against the Congolese people

The publication, last week, by the General Inspectorate of Finance (IGF) of the report on the execution of the Agreement between Chinese companies and the Congolese government continues to be debated.

In this report, the IGF noted the fact that of the 12 billion dollars already generated in this deal, only 822 million benefited the Democratic Republic of Congo with regard to the infrastructure component.

A year ago, the former Prime Minister, Adolphe Muzito, had come to the same conclusion and the same figures.

In an interview with the South-China Morning Post media in March 2022, he already indicated that of the three billion planned for infrastructure, “only 800 million dollars have been disbursed, but still no infrastructure in sight”.

For Adolphe Muzito, this constitutes an "injustice" against the Congolese people.

He thus pleaded for the revision of this agreement so that it "guarantees the rights of investors and the Congolese people".

These so-called "win-win" contracts were signed a few months before the appointment of Adolphe Muzito as head of government in 2008.

Its implementation began in 2012, when the latter had already left the Prime Minister's Office.


mediacongo


Albanese stresses importance of local battery manufacturing in Australia

Prime Minister Anthony Albanese used an address to the National Press Club on Wednesday to solidify his stance on establishing a critical minerals value chain here in Australia to compete in global export markets, improve our sovereign capability, and take advantage of the abundance of resources.

“I want to make sure we use the lithium, nickel, and other products we have to make batteries here,” he said.

“That’s part of the vision of protecting our national economy going forward.

“I think we should be making solar panels here.

I think we should be making so many more things here in order to protect our national sovereignty.

“Rare earths and critical minerals are part of the National Reconstruction Fund, it is about taking those things here, providing financing for Australian-based businesses to invest and value-add here.”

The comments came in response to a question about Chinese foreign investment in Australia and the critical minerals sector, particularly in the lithium space.

“Why aren’t we making more batteries here? We have almost half of the world’s lithium deposits,” Albanese said.

“I was in Perth and Port Hedland yesterday, if you went to Port Hedland as I did, I have been there many times – but 20 years ago, no-one would have been coming up to you and saying, ‘Hi, I’m a lithium company.’

“They were queuing up.

“I’m certain there were, without doing a head count, there were over 200 people there – lithium has an extraordinary capacity, we need to not just dig it up.”


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