Well if MoM has just created IGM it would suggest that MoM isn’t crooked ; I’ve always considered her to be on the good side ; however the cancelling of decrees had me thinking twice .
I’d imagine that MoM knows exactly what MoP is up to ; I’d assume she knows what Lukonde is up to ; I’ve heard that he was approached by a number of Chinese asking her to cancel AVZs permits outright .
It’s difficult to be embroiled in corruption when you have just created an inspection general ; as the IGM would have a number of individuals involved , not just MoM by her lonesome.
I assume that decisions coming through IGM would indeed be independent and not focusing on her position …. Suddenly MoP and other crooks such as DG Cami ( whom I’m sure she’s be well aware of his dealings ) any Chinese etc who have been trying to persuade her to turn blind eyes and just kick out AVz … who knows they may have previously offered brown bags ….
These individuals now know they’ve got an inspection general in front of them , whom they’ve most likely already tried to brown bag …. I reckon there wouldn’t have been a few palms hitting faces when that popped out.
Things do seems to be moving ; there’s a smell of desperation out there …. Hitting Felix , MoM with a negitive media shite storm May not be the answer … but obviously that’s up to you guys
*Fyi,
Mining sector: imminent establishment of the General Inspectorate of Mines in the DRC to fight against mining fraud and smuggling
During its 94ᵉ meeting, the Council of Ministers adopted the draft decree on the organization and operation of a public service called the "General Inspectorate of Mines" (IGM).
This proposal was made by the Minister of Mines, Antoinette N'samba Kalambayi.
This service will be responsible for combating mining fraud and smuggling in all their forms; to design, implement and monitor the execution of practical measures of collaboration in the field between the public services and organizations having in their attributions the fight against fraud and smuggling in the Mining sector.
The IGM will be endowed with administrative and financial autonomy and will be placed under the authority of the minister in charge of mines.
This public service therefore intends to strengthen the synergy between the State services authorized in the mechanisms for combating mining fraud and smuggling, controlling and ensuring the traceability of mining products from the exploitation site to the point of export.
“For the government, it is a matter of dedicating the necessary efforts and resources to enable the mining sector to play its true role as a lever for socio-economic development of the country,” the minutes of the Council of Ministers consider.
The Democratic Republic of Congo has enormous potential in the mining sector.
However, it has been shown that there are illicit practices that cost the Congolese state thousands of US dollars.
The Congolese economy is much more supported by mining activities.
The African continent loses around USD 90 billion a year due to illicit financial flows
The African continent faces several challenges, especially with regard to its development, which requires several billion US dollars.
However, Africa does not lack the financial means to boost its development.
According to figures from the High Level Panel Expert Group on Illicit Financial Flows, the continent loses more than USD 90 billion every year as a result of illicit financial flows in both the public and private sectors.
The 90 billion dollars that escape the treasuries of the countries of the African continent represent nearly three (3) times the amount of official development assistance granted to it.
According to experts in the field, Africa has therefore received over the past 18 years 805 billion dollars in official development assistance out of a total of 1,729 billion USD released during this period.
Although the Democratic Republic of Congo is one of the few countries in French-speaking sub-Saharan Africa to have benefited from a substantial amount, most are the English-speaking or East African countries which attract the most projects: l Ethiopia, Nigeria, Tanzania, Kenya or Mozambique.
Despite this colossal amount captured by the continent over the past 18 years, Africa is struggling to find the coveted path to development.
Thus, to combat the proliferation of illicit financial flows and enable Africa to embark on the path of development, countries are called upon to increase their efforts in the fight against corruption and illicit financial flows of capital.
The amount of IFFs related to the export of primary extractive resources amounted to $40 billion in 2015 and $278 billion for the past decade as a whole.
This is a conservative estimate and should be considered a lower bound.
Reducing IFFs could help improve the prospects for environmental, social and economic development in Africa.
Here is the agenda of DRC Mining Week 2023 scheduled for June 14 to 16 in Lubumbashi
As announced, DRC Mining Week opens its doors from June 14 to 16, 2023 at Karavia Hotel in Lubumbashi in the province of Haut-Katanga in the Democratic Republic of Congo (DRC).
The day of June 14, 2023 is devoted to the morning of the inaugural speech.
First, the welcome message from David Ashdown, CEO of VUKA Group, South Africa.
He will be followed by Louis Watum, President of the DRC Chamber of Mines.
Jacques Kyabula, Governor of Haut-Katanga, the province hosting these meetings, will speak.
This will be followed by a word from the CEO of Standard Bank, sponsor of this inaugural session.
The representative of the Minister of Mines, Antoinette Nsamba will return to the recommendations of the 2022 edition before the Minister delivers her opening speech.
Long before the opening speech by Bridgette Radebe Motsepe, CEO of Mmakau Mining & President of SAMDA in South Africa.
This series of inaugural speeches will be followed by a visit to the stands after a cocktail.
Also on this day, two sessions will be devoted to two panels on energy: the first on the transition of ecological energy and the second on strengthening the energy sector through acquired private investments.
Day of June 15, 2023, 5 panels are on the agenda
The first, an Ecobank-sponsored lunch in Value Chain Investment Forum mode.
The debates will focus on improving the competitiveness of Chinese investments in new energy minerals; Turkish Investors' Growing Appetite for DRC Minerals: What to Expect?
What is the analysis of foreign investment in the mining sector today?
The second panel sponsored by EQUITYBCDC where discussions will revolve around why and when financial institutions support new and developing mining projects in the DRC.
What financing model would be adaptable for companies based in Congo?
The third panel dedicated to women and sponsored by Glencore will focus on integrating gender equality into more efficient mining operations.
Creating an inclusive workplace for women: what has been achieved so far and what are the policies?
The fourth panel on subcontracting sponsored by Rawsur will focus on subcontracting and suppliers, what is the difference?
How to win the trust of mining companies and face foreign competition?
The question of quotas for local contracts in relation to the expertise required: how to define the balance?
The fifth invitational panel is sponsored by FBNBank on the theme “on the road to a 21% reduction in emissions by 2030: the Governor's dialogue. »
The day of June 16
The program includes a Bolloré-sponsored trade mission focused on creating more business strategies: facilitating business transactions and increasing growth in the region.
The debate will also focus on the presentation of showcase countries and good practices focusing on the theme: "Development of trade policy: what does it take to create a policy aimed at advancing the export and import of goods in the region?
Discussions will revolve around how the queuing and queuing system in Kasumbalesa deliveries, prices of goods, increased fuel prices and social life of drivers; technologies to be put in place to facilitate the fluidity of transport between SADC countries; the deep water project.
Another panel is dedicated to environmental, social and governance factors.
The agenda also includes a ministerial forum (not open to the public) on how to create a common policy of local transformation made in Africa.
It should be noted that EquityBCDC will hold a panel on the theme: “The miners of today and those of tomorrow, mining success: implementation and achievements. »
The closing speeches will complete this 2023 edition of DRC Mining Week.
mediacongo
Food for thought
Frank