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Category Archives: Democratic Republic of the Congo
SA mining industry sees a turnaround in financial performance amid a challenging operating environment
2017 was another challenging year for South Africa’s mining industry in light of a decrease in dividends and market capitalisation, various retrenchments across the industry, and marginal increases in taxes paid. However, spot price increases for bulk commodities supported the industry and resulted in a return to profitability after the first substantial increase in revenues in five years. These are some of the highlights from PwC’s ninth edition of SA Mine, a series of publications that highlights trends in the South African mining industry released by PwC.
The economy of Democratic Republic of Congo (DRC) is losing 1,637 billion Congolese francs, or more than a billion dollars a year, to the effects of child undernutrition. This is equivalent to as much as 4.5 percent of Gross Domestic Product (GDP).*
Satellite to play leading role in mining sector growth
Since large-scale violence broke out in the central Kasai region in August 2016, more than 3,300 people have been killed, according to a report by the Catholic Church
Despite worldwide changes, multinationals focus on mobile workforces to support career growth and ensure global competitiveness
Mercer’s annual Cost of Living Survey finds African, Asian, and European cities dominate the list of most expensive locations for working abroad
AfriLabs; The largest network of over 50 technology and innovation hubs across over 20 African countries has expanded by 11 new hub members, also extending its membership base to two new African countries – Chad and Democratic Republic of Congo.
Partnership Africa Canada (PACweb.org) today announced the Just Gold project has successfully implemented a system to trace legal and conflict-free artisanal gold in the Democratic Republic of Congo.
Last week, WHO was informed of a cluster of undiagnosed illness and deaths including haemorrhagic symptoms in Likati Health Zone, Bas Uele Province in the north of the Democratic Republic of the Congo (DRC), bordering Central African Republic. Since 22 April, nine cases including three deaths have been reported. Six cases are currently hospitalized. According to WHO risk assessment – based on the currently available information, any restriction of travel and trade to DRC is not required.
The Republic of Congo’s Ministry of Hydrocarbons recently adopted a new Hydrocarbons code intending to increase investment in the country’s oil and gas industry through renewed activities of exploration and production. This new hydrocarbon bill, passed in August last year, aims to create sincere transparency throughout the industry, from the government sectors to participating contractors and developers seeking to invest.
Thirteen blocks are on offer in the Congo Licensing Round 2016, eight in the offshore Coastal Basin and five in the onshore Cuvette Basin. Interested companies are able to register for the round via www.congolr2016.com.
Virunga Foundation and Aera Group Launch Carbon Certification for Renewable Energy in Democratic Republic of Congo
Matebe will produce more than 13.6 MW, supplying 600,000 people with clean, accessible and affordable electricity, kickstarting the green economy and bringing over 12,000 sustainable employments for those in the region of Rutshuru
By Hicks Sikazwe
The mining town of Solwezi, 633 Kilometres North West of Zambia’s capital Lusaka, has been transformed into an active centre of business eying markets beyond borders.
By Hicks Sikazwe
Rampant smuggling of maize meal from Zambia’s Coperbelt into the Democratic Republic of the Congo (DRC) has erupted along the porous border.
In about a decade now, the Democratic Republic of Congo has lost most of its forest cover, amounting to an area of about 31,000 square miles. As described by the Global Forest Watch, Congo has lost a forest area which is equivalent to the size of the country, Austria. Surprising, as it might seem, this act against nature occurred within just a period of one and half decade. Now you can imagine the rate of wildlife loss that would result from such tremendous habitat loss and fragmentation. Edge species and native organisms are forced to seek refuge in any vegetation regardless of their perfect adaptability of ecological functioning. One of the areas in Democratic Republic of Congo which attracted and can be identified as a refuge for the organisms who once resided in the lost 31,000 square mile forest cover is the Tshuapa, Lomami, and Lualaba forest area.