Bin59
Regular
Just FYI
The disclosure of contracts and their annexes, particularly in the context of the energy transition, is a very important issue since the race towards transition minerals is a very crucial issue. It will thus be unfortunate if not regrettable to contact that after the depletion of transitional minerals in the Congolese subsoil, the affected communities have not been significantly benefited from these resources. This is the main reason for the production by the on-demand consultant of the Coalition Publish What You Pay for this policy note on the disclosure of extractive sector contracts in the DRC.
As part of the continuation of its campaign initiated at the end of 2020 internationally on the disclosure of extractive contracts, the Publish What You Pay Coalition presented this Thursday, February 16, 2023 the policy note on the disclosure of extractive sector contracts in the DRC. It was during a press conference held in Kinshasa in the kundelungu room of the Paul Panda Farnana administrative building. Since the publication of the contract is an important issue given the requirement of the laws of the Republic and the ITIE standard, the said regulatory texts had to be evaluated in strengths and weaknesses in order to have a law that takes into account the question of disclosure of contracts. This meeting of the press and the PCQVP coalition had two major moments, namely the economy of the political note on the disclosure of contracts in the extractive sector made by Me Jean Claude Katende and the presentation on transitional mineral contracts and the risk of corruption in the DRC made by Mr. Albert Kabuya.
In his speech, Me Jean Claude Katende, coordinator of PCQVP, recalled the main mission of the said Coalition, which is to push companies to make public the way they manage the extractive sector. He also reminded the opinion that the PCQVP coalition at the national level was set up by about thirty civil society organizations in 2006 with the objective of accompanying the implementation of the initiative for the transparency of extractive industries. "Our consultant who evaluated the policy on the disclosure of contracts in the extractive sector in the DRC found strengths and weaknesses. We thought it was important to have a systematic, harmonious and digitized policy. With the rush to transitional minerals, the DRC will be in high demand. As a result, the contracts that will be signed must be transparent and benefit the Congolese populations >> Me Jean Claude Katende suggested
For his part, Albert Kabuya explained that most contracts signed in the DRC are focused on the state's assets. This is what leads to the bankruptcy of some public companies. In addition, the energy deficit is lacking for the local processing of minerals, especially those of transition. Since the implementation of the African vision has not been effective, the urgency is necessary for the implementation of a national law that regulates the extractive sector of the bridge with a view to the disclosure of contracts. It should be noted that the political note published also recommends the establishment of a digital platform bringing together government, civil society and businesses, which should serve as a portal to inform all citizens about the extractive sector in the DRC.
Flora KAYALA MUKALA
Kinshasa: The policy note on the disclosure of extractive sector contracts in the DRC made public, the Publish What You Pay Coalition pleads for the development of a law that regulates the sector.
Posted on February 17, 2023
The disclosure of contracts and their annexes, particularly in the context of the energy transition, is a very important issue since the race towards transition minerals is a very crucial issue. It will thus be unfortunate if not regrettable to contact that after the depletion of transitional minerals in the Congolese subsoil, the affected communities have not been significantly benefited from these resources. This is the main reason for the production by the on-demand consultant of the Coalition Publish What You Pay for this policy note on the disclosure of extractive sector contracts in the DRC.
As part of the continuation of its campaign initiated at the end of 2020 internationally on the disclosure of extractive contracts, the Publish What You Pay Coalition presented this Thursday, February 16, 2023 the policy note on the disclosure of extractive sector contracts in the DRC. It was during a press conference held in Kinshasa in the kundelungu room of the Paul Panda Farnana administrative building. Since the publication of the contract is an important issue given the requirement of the laws of the Republic and the ITIE standard, the said regulatory texts had to be evaluated in strengths and weaknesses in order to have a law that takes into account the question of disclosure of contracts. This meeting of the press and the PCQVP coalition had two major moments, namely the economy of the political note on the disclosure of contracts in the extractive sector made by Me Jean Claude Katende and the presentation on transitional mineral contracts and the risk of corruption in the DRC made by Mr. Albert Kabuya.

In his speech, Me Jean Claude Katende, coordinator of PCQVP, recalled the main mission of the said Coalition, which is to push companies to make public the way they manage the extractive sector. He also reminded the opinion that the PCQVP coalition at the national level was set up by about thirty civil society organizations in 2006 with the objective of accompanying the implementation of the initiative for the transparency of extractive industries. "Our consultant who evaluated the policy on the disclosure of contracts in the extractive sector in the DRC found strengths and weaknesses. We thought it was important to have a systematic, harmonious and digitized policy. With the rush to transitional minerals, the DRC will be in high demand. As a result, the contracts that will be signed must be transparent and benefit the Congolese populations >> Me Jean Claude Katende suggested

For his part, Albert Kabuya explained that most contracts signed in the DRC are focused on the state's assets. This is what leads to the bankruptcy of some public companies. In addition, the energy deficit is lacking for the local processing of minerals, especially those of transition. Since the implementation of the African vision has not been effective, the urgency is necessary for the implementation of a national law that regulates the extractive sector of the bridge with a view to the disclosure of contracts. It should be noted that the political note published also recommends the establishment of a digital platform bringing together government, civil society and businesses, which should serve as a portal to inform all citizens about the extractive sector in the DRC.
Flora KAYALA MUKALA