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Spotlight | DRC
Kabila fills his Katanga basket fund

Recently urged by president Joseph Kabila to contribute to his new "basket fund," mining companies in Katanga were equally urged to say how much they would chip in as soon as possible. Not informed of the move, Moise Katumbi, governor [...]
Published on 30.09.2014 at 22:02 GMT Reading time 2 minutes
Mining

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Insiders | DRC
Mines at the heart of ethnic allegiances

In this enormous country where central power is weak, ethnic allegiance counts above everything, particularly in the mineral resources sector where the political and economic stakes are high. Whoever controls the copper, cobalt, diamond and cassiterite mines of this vast land controls the manna which will finance the presidential and provincial elections of the future and the military operations needed to repel foreign forces.

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