DRC natural resources press review of Friday, November 1st, 2013

Mine operators opposed the revision of the current mining code that the government will soon propose to the Parliament for discussion , informs Radio Okapi . For them, the current code encourages domestic and foreign investment . They expressed their position , Wednesday, Oct. 30 , at the end of the 3rd Forum of the Chamber of Mines of the Federation of Enterprises of Congo ( FEC ) on the revision of the mining code.

" $ 5 million wasted in various and unexpected costs , the general direction of the school is Sokimo mismanagement , announces the newspaper Soft International which explains : " Choice of risky management , irresponsible decision , opacity of the transaction , etc. . fantasy setting forecasts, the Ministry Portfolio provides a chaotic conclusion of the management team Willy Bafoa a loan of USD 5 million Kibali Gold. In the opinion of experts, the ADG of Sokimo is on shaky ground . With his family . "

Radio Okapi reports that more than 12,000 children have been registered since last January in the mining sites Tshikapa Ndemba , Luiza Lwebo , Dimbelenge and Kazumba ( Kasai Occidental) . A group of NGOs on Human Rights denounced this situation, Wednesday, Oct. 30 , during the presentation of the work material for community radio in Kananga , capital of Kasai Occidental . These NGOs regret that these children spend days at mine sites when they should go to school. The spokesman of this group of NGOs, Bertin Masansa , invited the Provincial Assembly of Kasai Occidental to take effective measures to end the exploitation of children in mining quarries in the province.

" External financing challenge the leadership of the Congo on the Grand Inga " says the Soft International that writes : " But there is the big problem of financing this ambitious project Usd 100 billion estimated by the Bad DRC. . would it be forced to embark on the path of debt ? Here 's wrong without arousing suspicion. the cost of construction will crescendo since the DRC has clearly demonstrated its commitment to remain the primary decision maker of this ambitious project " .The same media also indicates that for 5 years , we forgot to appoint a Adga Finalog . According Soft Finalog is a parastatal that manages pipelines that take fuel from Ango - Ango , emerging from Matadi to Kinshasa. The State will have 40 % stake and international firms including Total and Engen share the rest . But now 5 years - since the Annual General Meeting of the company held in November 2009 - the r- state dcongolais forgot to name , even on an interim basis , everyman for the position of Adga . The newspaper reported that it is the Minister of the Portfolio , as serendipitously discovers , flipping the statutes of September Finalog and the State is entitled to appoint a Adga within the firm.

Moreover, " the IMF said. Africa remains vulnerable to shocks ," titles Avenir noting that the International Monetary Fund has warned of the dangers of Africa financial impact, despite good economic growth in sub-Saharan Africa. " The frontier economies in the region becoming more integrated with global financial markets , they will also become increasingly vulnerable to global financial shocks " , warns the IMF in its latest biennial report. But countries such as Ghana , Nigeria, Kenya and Senegal were afraid the expected tightening of U.S. monetary policy, which could reverse the flow of capital from emerging countries .