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DRC
Glencore forks out $180m to Kinshasa over corruption allegations

Several senior Glencore executives were involved in preparing the trader's agreement to compensate RDC $180m for its responsibility in past corruption, as announced on 5 December. [...]

Published on 16/12/2022 at 06:00 GMT

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Mining

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DRC
China
Clint Donkin
Freeport-McMoRan
Gary Nagle
Glencore
Ivan Glasenberg
Kalidas Madhavpeddi
Marie-Chantal Kaninda
Molybdenum
Shaun Teichner

Inner circles | DRC, South Africa
Glencore's reforming boss Nagle emerges from Glasenberg's shadow

The South African boss of the Swiss trading and mining giant is counting on two righthand men and a close-knit new team of managers to usher in a new era and turn the page on old corruption cases.

Subscribers only Mining, Commodity traders 19.01.2024

The South African Glencore CEO Gary Nagle.

Spotlight | DRC
Behind-the-scenes of Glencore's battle to resolve its disputes with Kinshasa

Led by Gary Nagle since last July, the Swiss group, which reported a $5bn net income for 2021, is now practising a policy of amicable settlement to iron out disputes with local and US authorities over its activities in the DR Congo.

Subscribers only Mining 29.03.2022

Glencore CEO, the South African Gary Nagle.

Central Africa, Chad, Congo
Glencore's two-speed debt talks with Chad and Congo

A creditor of both N'Djamena and Brazzaville, the oil trading giant is facing two very different situations. In Chad, which is seeking debt relief under the terms of the G20's "common framework", Glencore will have to accept the terms negotiated by the country's sovereign creditors.

Subscribers only Politics 08.09.2021

Spotlight | DRC
Glencore chief executive Ivan Glasenberg denies involvement in Katanga Mining's alleged misconduct

Ivan Glasenberg has been accused by Katanga Mining's American shareholders of having contributed to the management problems and publication of false information by the Glencore subsidiary operating the Kamoto copper mine. He claims, however, that he and Glencore have nothing to do with the affair.

Subscribers only Mining 09.10.2020

Spotlight | Africa, DRC, Guinea
Alliance of mining expert and lobbyists creates stronghold on continent

American concern Providence Mining has plans to expand its African foothold and has a pool of mining sector veterans within its top management to lead the way. These include lobbyists for the ex-governor of the mineral-rich Katanga province Moïse Katumbi [.

Subscribers only Mining 24.03.2020

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DRC
China
Clint Donkin
Freeport-McMoRan
Gary Nagle
Glencore
Ivan Glasenberg
Kalidas Madhavpeddi
Marie-Chantal Kaninda
Molybdenum
Shaun Teichner

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Libya
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DRC
Glencore forks out $180m to Kinshasa over corruption allegations

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Inner circles | DRC, South Africa
Glencore's reforming boss Nagle emerges from Glasenberg's shadow

Spotlight | DRC
Behind-the-scenes of Glencore's battle to resolve its disputes with Kinshasa

Central Africa, Chad, Congo
Glencore's two-speed debt talks with Chad and Congo

Spotlight | DRC
Glencore chief executive Ivan Glasenberg denies involvement in Katanga Mining's alleged misconduct

Spotlight | Africa, DRC, Guinea
Alliance of mining expert and lobbyists creates stronghold on continent

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Indigo Publications' websites

Libya From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

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DRC Glencore forks out $180m to Kinshasa over corruption allegations

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create a free account

Set up email notifications for these topics

Inner circles | DRC, South Africa Glencore's reforming boss Nagle emerges from Glasenberg's shadow

Spotlight | DRC Behind-the-scenes of Glencore's battle to resolve its disputes with Kinshasa

Central Africa, Chad, Congo Glencore's two-speed debt talks with Chad and Congo

Spotlight | DRC Glencore chief executive Ivan Glasenberg denies involvement in Katanga Mining's alleged misconduct

Spotlight | Africa, DRC, Guinea Alliance of mining expert and lobbyists creates stronghold on continent

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

DRC
Glencore forks out $180m to Kinshasa over corruption allegations

Inner circles | DRC, South Africa
Glencore's reforming boss Nagle emerges from Glasenberg's shadow

Spotlight | DRC
Behind-the-scenes of Glencore's battle to resolve its disputes with Kinshasa

Central Africa, Chad, Congo
Glencore's two-speed debt talks with Chad and Congo

Spotlight | DRC
Glencore chief executive Ivan Glasenberg denies involvement in Katanga Mining's alleged misconduct

Spotlight | Africa, DRC, Guinea
Alliance of mining expert and lobbyists creates stronghold on continent