AVZ Discussion 2022

BEISHA

Top 20
Well if you need a valuation…….

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BEISHA

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Frank

Top 20
Yeah right. Kabila smells blood and is positioning to seize power is more like it.

As it increasingly appears Felix is a lame duck, especially after his secret funds were conveniently exposed, it's a gimme for Kabila or others to easily exploit the situation with a popular uprising.

Frigging clown show.

What does Kabila want in the Congo?​

Kabila is controversial. At the end of his two terms, he refused to resign in 2016.

The son of former President Laurent Kabila came to power after the assassination of his father in 2001 and was in office until 2019.

Elections were postponed, and protests were made. He has been living in exile since 2023, most recently in South Africa.

After the rebels took over the city of Bukavu, Tshisekedi had publicly accused his predecessor at the Munich Security Conference of being responsible for the conflict in eastern Congo and to be on the side of the M23 militia and Rwanda.

Kabila rejects these charges, but is said to have held talks with the Congolese opposition and representatives of civil society.

Tshisekedi, who is already under pressure from domestic politics due to the crisis in eastern Congo, feels threatened.


Kabila in Goma: Concerns Mount and a Political Storm Looms on the Horizon

Joseph Kabila's visit to Goma on April 18 left no one indifferent.

With the city occupied by the M23, the former president's presence raises important questions about his continued role in Congolese politics.


The alleged relationship between Kabila and Corneille Nangaa, the leader of the Alliance of Congolese Forces (AFC), adds a layer of complexity to this already tense situation.

Therefore, it is safe to say that the political and security storm is shaping up to be very tense.

It is difficult not to see Kabila as the mastermind behind the AFC.

His visit to Goma appears to be sending a strong signal to both political actors and public opinion.

This visit could be interpreted as an attempt to reassert his influence in a region tormented by armed conflicts and political rivalries.

Kabila's supporters, as well as his detractors, cannot ignore the symbolic importance of this move.

This presence in Goma only heightens fears of an escalation of violence between pro-Kabila supporters and the current government.

Tensions are palpable, and the situation could quickly escalate if appropriate measures are not taken.

The Congolese political scene is already marked by extreme polarization, and the intervention of figures like Kabila only fuels the flames of animosity.

At the same time, MP Elisezer Ntambwe's initiative to abolish the law protecting Kabila demonstrates a desire for change within Parliament.

This move is not only a challenge to Kabila's legacy, but also an affirmation of a collective desire for renewal.

The Congolese people aspire to a future where peace and stability prevail over conflicts of interest and power struggles.

Joseph Kabila's visit to Goma is a pivotal moment in the DRC's political landscape.

It reminds everyone that the stakes are high and that the choices made today will have repercussions for the country's future.

In this context, it is crucial that political actors, both national and international, assume their responsibilities to prevent a further escalation of violence.

Peace in the Democratic Republic of Congo must not be mere wishful thinking, but a goal to be achieved through concrete actions and inclusive dialogue.


Political and security crisis: During a stay in Goma, Joseph Kabila reportedly plans to hold talks with M23 leaders

The rumors have finally been confirmed.


The former Congolese president, long suspected by the authorities in Kinshasa of being the instigator of the M23 rebellion, returned to the country this Friday, April 18, 2025, after more than a year in exile.

This return took place in complete secrecy.

According to concordant sources cross-checked by Netic-News, Joseph Kabila, a senator for life, arrived from Kigali and crossed the Congolese-Rwandan border via Goma, in North Kivu province.

In a recent letter to Jeune Afrique, the former head of state already announced his imminent return.

Information obtained by our editorial team suggests that he may soon speak publicly about the country's political and security situation.

According to our sources, Joseph Kabila is planning to meet with M23 leaders and several prominent figures from North Kivu in Goma.

This reappearance comes at a time when some Kabila family residences are receiving renewed attention from Congolese authorities.

However, it appears that the former president's presence in Goma may be short-lived.

The exact motives for this trip remain unclear, although his announced address to the nation could shed more light on the true reasons for this return, which remains unclear.

mediacongo

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Frank

Top 20
An interesting article
*Whats a measly little $8B compared to the

$58 Billion "Missing" in the Extractive Sector

The extractive sector in the DRC, a pillar of the national economy, is at the center of a financial storm.


A report by the Center for Research on Public Finance and Local Development (CREFDL), published in April 2025, reveals alarming disparities between wealth produced and revenue collected by the state between 2020 and 2022 in the mining and oil sector.

According to the document, the DRC extracted $71.3 billion worth of raw materials (copper, cobalt, oil, etc.).

But only $12.5 billion (17.53%) was paid to the public treasury.

CREFDEL also indicates that $58.7 billion remains unaccounted for in budget documents.

"These discrepancies raise questions about governance and transparency," warns CREFDL.

Conflicting Figures


Government data and those of the Extractive Industries Transparency Initiative (EITI) differ significantly on several points.

The report mentions a USD 943 million gap in total revenues from the sector.

It also indicates that USD 94.1 million was not declared to the EITI for the Mining Fund (FOMIN), intended for future generations.


Furthermore, the report also denounces the alleged diversion of USD 100 million from the FOMIN to the public treasury via unredeemed government bonds.

Growth Not Benefiting the State

Despite a spectacular increase in production (+50% in three years), public revenues have stagnated.

For example, the country produced over 159% of the value of cobalt, but tax revenues have not increased.


The same is true for oil.

The sector is plagued by opaque reporting.

Recommendations

Thus, this NGO makes a few recommendations.

These include processing minerals locally to maximize profits.

Then, the NGO believes an audit is necessary.

The revenue chain must be "audited with the help of the Court of Auditors."

This center also recommends strengthening transparency mechanisms within the EITI process in the DRC.

Finally, Crefdel believes it is necessary to accelerate the digitalization of regulatory authorities to limit fraud.



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BEISHA

Top 20
An interesting article


Compare the pair.




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Flight996

Regular

Mate, thanks for posting that article.

My head hurts after reading it in full. Wow, what an expose.

While the article confirms what we already know about endemic corruption in the DRC facilitated by Chinese miners, the ongoing involvement of Kabila's family and their cronies in the systematic looting of DRC mining products rather surprised me. Moreover, their links to Zambia's and Rwanda's hierarchies are equally interesting.

It seems that the Kabila mafiosi family is no different from the Tshisekedi mafiosi family.

Both are defined by egregious greed and the eye-watering systematic theft of public resources.

A pox on them and their families, and their families' families.

Happy Easter

F
 
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LOCKY82

Regular
Give me my money and let me leave this circus forever thanks 🎪
 
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