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DRC
New Gécamines boss pledges to pay salary arrears to steady ship

The new CEO of Gécamines Sama Lukonde Kyenge. © Facebook

Faced with inquiries into the company's governance, production at a virtual standstill and finances in the doldrums, Sama Lukonde has taken over the helm of a Gécamines teetering on the brink. In a bid to shore up the Congolese state-owned mining company, he has promised to pay salary arrears with immediate effect. [...]

Published on 20/07/2020 at 06:00 GMT Reading time 2 minutes

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Mining

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DRC
Albert Yuma Mulimbi
Covid-19
Dan Gertler
Felix Tshisekedi
Jacques Kamenga Tshimuanga
Joseph Kabila
Ngele Masudi Déogratias
Sama Lukonde Kyenge
Ventora Development

DRC
Yuma's sidelined rivals rise to top at Gécamines

The new Gécamines chairman, Alphonse Kaputo Kalubi, was for a long time sidelined by Albert Yuma, who has just been ousted from the helm of the state-owned mining company. It seems that the new managing director appointed at the same time was not a Yuma favourite either.

Subscribers only Mining 09.12.2021

Spotlight | DRC, Southern Africa
Copperbelt mineral exports dry up after hike in cross-border tolls

Several haulage companies have stopped exporting minerals mined in the DRC and are restricting themselves to transport operations within the country, claiming that tolls imposed when crossing into Zambia are prohibitively high.

Subscribers only Mining 26.02.2021

DRC
Tony Blair Institute helps PM Lukonde sharpen his economic strategy

The former British prime minister Tony Blair's institute is preparing a report for the Congolese presidency to help guide the main economic policy of Sama Lukonde's future government.

Subscribers only Business 24.02.2021

British former prime minister Tony Blair.

DRC
Gécamines minor reshuffle means major loss of influence for boss Albert Yuma

Gécamines secretary-general Déogratias Ngele Masudi is close to Albert Yuma, the chairman of the Congolese state firm and a friend of the former head of state. But he has been ousted.

Subscribers only Mining 02.02.2021

DRC
Zoé Kabila aspires to transform Tanganyika into the new Haut-Katanga

Zoé Kabila, the brother of the ex-Congolese president, has grand ambitions for his term as governor of Tanganyika: to create the conditions for his province to become a DRC mining and industrial hub and thereby establish the family stronghold as a leading commercial player in the country.

Subscribers only Mining 13.11.2020

Zoé Kabila, governor of the Congolese province of Tanganyika.

DRC
Gécamines cobalt exports to benefit from mining code moratorium

Despite promises to the contrary, the cobalt trading subsidiary currently being set up by state-owned Gécamines will benefit from the moratorium, enabling it to get round the provisions of the mining code and export unprocessed cobalt directly from the DRC.

Subscribers only Mining 02.09.2020

Spotlight | DRC
Gécamines lets CNMC spend millions rather than respect local content rules

CNMC has signed a deal with Gécamines whereby the Chinese mining giant will fork out $5m to avoid having to hire a local firm for the construction of its copper and cobalt mine Kambove, as required by Congolese law.

Subscribers only Mining 31.07.2020

Gécamines facilities at the Kambove copper mine (Haut-Katanga).

DRC
Moïse Katumbi gets NGO backing in his mining disputes

Several Congolese NGOs, which recently protested that the Congolese courts have been showing bias in favour of Australian copper producer MMG in its commercial dispute with opposition politician and businessman Moïse Katumbi, are, in reality, Katumbi supporters.

Subscribers only Mining 16.07.2020

DRC
Kabila supporters use new edition of mining code to deliver a fresh snub to President Tshisekedi

By republishing the Congolese mining code at the end of June with his ministry's interpretation of its contents and publicising the event in the media, mines minister Willy Kitobo has given a show of support for the former head of state rather than the existing one.

Subscribers only Mining 13.07.2020

DRC
Subcontracting law: mining boss Albert Yuma puts old rival Kalej Nkand in his place

The debates that led to a cut in the sub-contracting regulation authority's prerogatives have rekindled an old dispute between its managing director Kalej Nkand and the chairman of the Congolese employers' association, Albert Yuma, within the state mining company Gécamines.

Subscribers only Mining, Business 25.06.2020

The Congolese employers' association chairman Albert Yuma.

DRC
In its debt row with Gécamines, NB Mining finds allies in football fans

Mining subcontractor NB Mining, some of whose ownership is contested by former Katanga governor Moïse Katumbi, has warned FC Saint-Eloi Lupopo it might not be able to finance the club's infrastructure due to an unpaid debt owed by the state-owned Gécamines.

Subscribers only Mining 19.06.2020

Victoire stadium, Lubumbashi, home of FC Saint-Eloi Lupopo.

DRC
Gécamines wages attack on Pengxin over Shituru copper

In its vast partnership audit launched in 2018 (AMI 431), Gécamines has unearthed details it felt warranted the filing of [...]

Subscribers only Mining 11.02.2020

DRC
Jinchuan and Gécamines find common ground over Ruashi

The Ruashi copper mine partners have managed to find an amicable settlement to their scuffle over unpaid taxes that had led them down a path to arbitration.

Subscribers only Mining 28.01.2020

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Albert Yuma Mulimbi
Covid-19
Dan Gertler
Felix Tshisekedi
Jacques Kamenga Tshimuanga
Joseph Kabila
Ngele Masudi Déogratias
Sama Lukonde Kyenge
Ventora Development

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DRC
New Gécamines boss pledges to pay salary arrears to steady ship

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Set up email notifications for these topics

DRC
Yuma's sidelined rivals rise to top at Gécamines

Spotlight | DRC, Southern Africa
Copperbelt mineral exports dry up after hike in cross-border tolls

DRC
Tony Blair Institute helps PM Lukonde sharpen his economic strategy

DRC
Gécamines minor reshuffle means major loss of influence for boss Albert Yuma

DRC
Zoé Kabila aspires to transform Tanganyika into the new Haut-Katanga

DRC
Gécamines cobalt exports to benefit from mining code moratorium

Spotlight | DRC
Gécamines lets CNMC spend millions rather than respect local content rules

DRC
Moïse Katumbi gets NGO backing in his mining disputes

DRC
Kabila supporters use new edition of mining code to deliver a fresh snub to President Tshisekedi

DRC
Subcontracting law: mining boss Albert Yuma puts old rival Kalej Nkand in his place

DRC
In its debt row with Gécamines, NB Mining finds allies in football fans

DRC
Gécamines wages attack on Pengxin over Shituru copper

DRC
Jinchuan and Gécamines find common ground over Ruashi

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Indigo Publications' websites

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DRC New Gécamines boss pledges to pay salary arrears to steady ship

This article may be accessed by subscribers

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Set up email notifications for these topics

DRC Yuma's sidelined rivals rise to top at Gécamines

Spotlight | DRC, Southern Africa Copperbelt mineral exports dry up after hike in cross-border tolls

DRC Tony Blair Institute helps PM Lukonde sharpen his economic strategy

DRC Gécamines minor reshuffle means major loss of influence for boss Albert Yuma

DRC Zoé Kabila aspires to transform Tanganyika into the new Haut-Katanga

DRC Gécamines cobalt exports to benefit from mining code moratorium

Spotlight | DRC Gécamines lets CNMC spend millions rather than respect local content rules

DRC Moïse Katumbi gets NGO backing in his mining disputes

DRC Kabila supporters use new edition of mining code to deliver a fresh snub to President Tshisekedi

DRC Subcontracting law: mining boss Albert Yuma puts old rival Kalej Nkand in his place

DRC In its debt row with Gécamines, NB Mining finds allies in football fans

DRC Gécamines wages attack on Pengxin over Shituru copper

DRC Jinchuan and Gécamines find common ground over Ruashi

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

DRC
New Gécamines boss pledges to pay salary arrears to steady ship

DRC
Yuma's sidelined rivals rise to top at Gécamines

Spotlight | DRC, Southern Africa
Copperbelt mineral exports dry up after hike in cross-border tolls

DRC
Tony Blair Institute helps PM Lukonde sharpen his economic strategy

DRC
Gécamines minor reshuffle means major loss of influence for boss Albert Yuma

DRC
Zoé Kabila aspires to transform Tanganyika into the new Haut-Katanga

DRC
Gécamines cobalt exports to benefit from mining code moratorium

Spotlight | DRC
Gécamines lets CNMC spend millions rather than respect local content rules

DRC
Moïse Katumbi gets NGO backing in his mining disputes

DRC
Kabila supporters use new edition of mining code to deliver a fresh snub to President Tshisekedi

DRC
Subcontracting law: mining boss Albert Yuma puts old rival Kalej Nkand in his place

DRC
In its debt row with Gécamines, NB Mining finds allies in football fans

DRC
Gécamines wages attack on Pengxin over Shituru copper

DRC
Jinchuan and Gécamines find common ground over Ruashi