jeudi 17 octobre 2013

DRC natural resources press review of Thursday, October 17, 2013

Yesterday, Wednesday, October 16, 2013 , hundreds of U.S. investors stormed the conference room of The Westland Hotel Georgetown in Washington to attend the presentation of the new program of strategic public-private partnership in the DRC. A program called " Five Star " Kinshasa was presented by the Officer in charge of Finance Minister Patrice Kitebi . Five Star Kinshasa wear these names KinPack , KinMecs , KinMic , KinMeubles and kintech . This information has been taken by some newspapers.

"By living in the USA: Minister Kitebi engages the battle processing of natural resources," the Potentiel newspaper stresses that " Five Star " will work for accompaniment battle processing natural resources.

According to the Référence Plus newspaper, the objective for the government is to foster a development approach based on local processing of natural resources whose base construction value chain , through the creation of centers of growth characterized by a multipolar mesh of economic and social activities starting from manufacturing to supply and consumption of a product or a service, since the phases of access to raw materials to the marketing of finished products, with all the effects of runoff on other activities.

Besides this, other media have raised the issue of the revision of the mining code . " The apprehensions on the revision of the Mining Code ," note the Dépêches de Brazzaville, in their edition of Kinshasa. According to the daily , the Ministry of Mines plans to submit its draft Mining Code to Parliament in March 2014. Mining fear that publishing the new regulations in the state, that is to say with a new ownership of the State, corporate profitability could decline significantly to represent only a third of its current level. Among the innovations planned , it appears that the Free State shares in new mining projects could be raised to 15 % against 35% of holding initially and eventually abandoned under pressure from mining . For the latter, some amendments pose a risk to the sector.

According to Radio Okapi , the Secretary General of the Ministry of Mines, Katanda Ngoy , assured the operators in the mining sector that this review was so professional , coordinated and balanced . He said Tuesday October 15 at Radio Okapi in response to mine operators who were concerned about this revision lower profitability. These operators have qualified in the 9th edition of the Partnership for Infrastructure Development in Africa ( Ipad) , the mining code and tax system Congolese non incentives for investors.

DR Congo: what becomes of Surestream Petroleum Ndunda block in Muanda ? It is the Agency Ecofin ask this question and gives this answer: " The British exploration company Surestream Petroleum , exploring oil fields in the territory of Muanda , 200 km west of Matadi , a " closed its doors for three weeks. " According to several sources , the central government did not renew the license for exploration and exploitation of this company for a reason that remains unknown. It is three years since the company was to exploration phase in the project. agency recalled that in September 2010 , Surestream finalized a farm-out agreement with ENI group then took 55 % stake in the block onshore Ndunda located in the coastal city of Muanda in Bas- Congo.

On another note, Radio Okapi reports that hippos have devastated three corn fields at the end of last week along the river Malemba Nkulu , Katanga . According to the Civil Society , which reports these incidents , these animals are flocking to farmers crops following the scarcity of grass, their usual food, ravaged by wildfires. For its part, the administrator of the territory called the people not to attack the protected species. At the end of August , it was the elephant , another protected species , which ravaged the fields of farmers Malemba Nkulu .

For its part, the Tempête des Tropiques newspaper reports that Kalungi Luki is the largest tree in forest Mayumbe and indicates that , according to studies conducted by experts in ecology, its current approximate age is more or less four centuries. It measures 53 m in height with 29.5 m height of the drum and its circumference is 13.66 m with 4.40 m in diameter at the top of footings , that is to say, to 3 m high. The scientific name is Kalungi " Entandrophragma Useful " , it is part of the family " Meliaceae or méliacée

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