Economie
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119UN Experts Show Gold Smuggling Networks From Congo to Dubai
Gold smuggling from eastern Democratic Republic of Congo is costing the impoverished country millions of dollars in tax revenue and funding conflict...
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78Congo Miners May Breach Rights With Virus Controls, Groups Say
Copper and cobalt-mining companies in the Democratic Republic of Congo may be violating the rights of their workers with stringent confinement policies meant...
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123Congo Hit by Oil Explorer’s Bid to Confirm $619 Million Award
A South African oil-exploration company has turned to U.S. courts in a bid to enforce a $619 million arbitration award against the Democratic...
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125Glencore Cuts Back on Cobalt, Copper Spending Due to Virus
Glencore has decided to suspend capital expenditure (capex) unrelated to sustaining daily operations or critical projects by up to $1.5 billion in 2020....
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90Congo GDP to Shrink for First Time Since War, Central Bank Says
Democratic Republic of Congo’s economy will probably shrink 1.9% this year, the first contraction since 2001 when the nation was in a civil war,...
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100
Congo Government Tells Central Bank to Stop Currency’s Devaluation
Democratic Republic of Congo’s government has told the central bank to intervene in the foreign exchange market to stop the devaluation of the Congolese...
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143IMF Approves $363 Million for Congo to Fight Covid-19 Pandemic
The International Monetary Fund will provide a $363.27 million loan to the Democratic Republic of Congo to fight an economic situation that...
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118
Glencore Moves to Take Key Congo Copper Business Private
Glencore Plc agreed to buy the few shares it doesn’t already own in Katanga Mining Ltd. — the unit that operates its flagship...
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159
Trader Trafigura in Talks With Congo Over Financing Cobalt Buyer
Trading house Trafigura Group Ltd. is in talks with the Democratic Republic of Congo about financing a new state-controlled company that will buy all...
