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DRC
Yuma's sidelined rivals rise to top at Gécamines

The new Gécamines chairman, Alphonse Kaputo Kalubi, was for a long time sidelined by Albert Yuma, who has just been ousted from the helm of the state-owned mining company. It seems that the new managing director appointed at the same time was not a Yuma favourite either. [...]

Published on 09/12/2021 at 06:00 GMT Reading time 3 minutes

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Mining

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DRC
Albert Yuma
Alphonse Kaputo Kalubi
Bester-Hilaire Ntambwe Ngoy Kabongo
China Molybdenum Co
Dan Gertler
Federation des Entreprises du Congo
Felix Tshisekedi
Freeport-McMoRan
Gecamines
George Forrest International
Inspection Generale des Finances
Joseph Kabila
Lundin Mining Corp
Sama Lukonde Kyenge
Societe pour le traitement du terril de Lubumbashi
Tenke Fungurume Mining

DRC
Congolese employers complain of tax ‘harassment'

Company bosses in DR Congo are unanimous in their assertion that they were subjected to a record number of tax inspections by the various financial authorities in 2023. They have long denounced what they see as "harassment".

Subscribers only Politics, Business 31.01.2024

DRC
Albert Yuma's young guard take helm of DRC's Gécamines

The state miner's new chairman and general managers appointed by Kinshasa to give Gécamines a new lease of life were all in the good books of the firm's all-powerful former boss Albert Yuma Mulimbi. They also each worked at one time for private mining firms operating in DRC, such as AngloGold and Glencore.

Subscribers only Mining 08.03.2023

DRC
Alphonse Kaputo to honour Gécamines redundancy and pension obligations

The boss of the state-owned mining company is looking to pay out monies owing to former staff who have either been laid off or have retired, as well as to the spouses of workers who are now deceased.

Subscribers only Mining 11.11.2022

In Focus | DRC, United States
US disillusioned over failure to turn DR Congo away from Beijing

Ever since Félix Tshisekedi took power, Washington had hoped he would curb China's huge influence in the country. Four years later, the United States is bitterly disappointed that it has failed to break Beijing's hegemony in strategic mining issues.

Subscribers only Mining, Diplomacy 05.09.2022

US president Joe Biden and his Congolese counterpart Félix Tshisekedi in October 2021.

DRC
Middleman Du Wei fights on with his partners for Nzilo II hydroelectric dam construction contract

Chinese businessman Du Wei, who was very active during the presidency of Joseph Kabila, is still very much present in the DR Congo business world. He is currently bidding with two big Chinese groups for the contract to build the Nzilo II hydroelectric dam.

Subscribers only Energy, Business 01.06.2022

DRC
Trafigura execs in Lubumbashi to try to save Gécamines cobalt partnership

Representatives of the Swiss trading giant have travelled to Lubumbashi to talk to Gécamines' new management, where they hope to persuade the state-owned mining firm to continue its artisanal cobalt partnership with them.

Free access Mining, Commodity traders 02.03.2022

DRC
Kinshasa orders Afriland to pay treasury millions levied on transporters

The DRC subsidiary of a Cameroonian bank stands accused of illicitly retaining fees that were supposed to finance rail network improvements.

Subscribers only Finance 21.01.2022

DRC
Trafigura's cobalt partnership threatened by top management changes at Gecamines

Even though it has not yet come into force, the Swiss trader's exclusive contract for the marketing of the DRC's artisanal cobalt has been called into question by the arrival of Alphonse Kaputo and Leon Mwine at the head of Gecamines.

Subscribers only Mining, Commodity traders 20.01.2022

In Focus | DRC
Felix Tshisekedi's inner circle in a panic over mining deal dispute

For several weeks, a dispute between one of President Felix Tshisekedi's closest advisers and the former chairman of the independent national electoral commission has been causing high-level turbulence in the Democratic Republic of the Congo (DRC).

Subscribers only Mining 10.01.2022

DRC, South Africa
South African taxman scores victory over China Molybdenum's private airline

China Molybdenum has been ordered to settle unpaid VAT on the importing by its South African subsidiary of an Embraer aircraft that runs services between Johannesburg and the company's flagship mine in the DRC.

Subscribers only Mining 15.12.2021

DRC
Cabinet and Tshisekedi's office set for a shake-up

After the ouster of long-serving Gécamines chairman Albert Yuma, the president aims to revamp much of his administration.

Subscribers only Politics 13.12.2021

DRC
Congo hold-up investigation: Simon Cong's affairs flourish while Global Witness preps fresh revelations

The Chinese middleman Simon Cong was named in the Congo hold-up report on embezzlement by the Kabila family, and is about to be named in another investigation. He has recently expanded his mining interests in the DRC.

Subscribers only Mining 08.12.2021

DRC
Keenly awaited Gécamines audit nears completion

The keenly awaited audit of state mining company Gécamines is almost complete. It was launched in September by the Inspection Générale des Finances (IGF), which is under the direct authority of President Félix Tshisekedi.

Subscribers only Mining 04.11.2021

DRC
Tensions at the top over Tenke Fungurume mine

Prime Minister Sama Lukonde Kyenge is furious that his government has no representation on the commission set up by the president's office to reassess the reserves of Tenke Fungurume Mining's copper mine.

Subscribers only Mining 17.09.2021

DRC
Lubumbashi slag heap locals fume over pollution

Residents who live near the lucrative Lubumbashi cobalt slag heap have complained to the governor of Haut-Katanga province about pollution from the fumes coming out of the plant on the site.

Subscribers only Mining 25.05.2021

Inner circles | DRC
Hard road ahead for new PM to step out of president's grip

The DRC's new prime minister Sama Lukonde Kyenge will have trouble placing his supporters in government and standing up to the president.

Subscribers only Politics 14.05.2021

DRC
New Gécamines boss pledges to pay salary arrears to steady ship

Faced with inquiries into the company's governance, production at a virtual standstill and finances in the doldrums, Sama Lukonde has taken over the helm of a Gécamines teetering on the brink. In a bid to shore up the Congolese state-owned mining company, he has promised to pay salary arrears with immediate effect.

Subscribers only Mining 20.07.2020

The new CEO of Gécamines Sama Lukonde Kyenge.

Set up email notifications for these topics

DRC
Albert Yuma
Alphonse Kaputo Kalubi
Bester-Hilaire Ntambwe Ngoy Kabongo
China Molybdenum Co
Dan Gertler
Federation des Entreprises du Congo
Felix Tshisekedi
Freeport-McMoRan
Gecamines
George Forrest International
Inspection Generale des Finances
Joseph Kabila
Lundin Mining Corp
Sama Lukonde Kyenge
Societe pour le traitement du terril de Lubumbashi
Tenke Fungurume Mining

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Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

DRC
Yuma's sidelined rivals rise to top at Gécamines

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Set up email notifications for these topics

DRC
Congolese employers complain of tax ‘harassment'

DRC
Albert Yuma's young guard take helm of DRC's Gécamines

DRC
Alphonse Kaputo to honour Gécamines redundancy and pension obligations

In Focus | DRC, United States
US disillusioned over failure to turn DR Congo away from Beijing

DRC
Middleman Du Wei fights on with his partners for Nzilo II hydroelectric dam construction contract

DRC
Trafigura execs in Lubumbashi to try to save Gécamines cobalt partnership

DRC
Kinshasa orders Afriland to pay treasury millions levied on transporters

DRC
Trafigura's cobalt partnership threatened by top management changes at Gecamines

In Focus | DRC
Felix Tshisekedi's inner circle in a panic over mining deal dispute

DRC, South Africa
South African taxman scores victory over China Molybdenum's private airline

DRC
Cabinet and Tshisekedi's office set for a shake-up

DRC
Congo hold-up investigation: Simon Cong's affairs flourish while Global Witness preps fresh revelations

DRC
Keenly awaited Gécamines audit nears completion

DRC
Tensions at the top over Tenke Fungurume mine

DRC
Lubumbashi slag heap locals fume over pollution

Inner circles | DRC
Hard road ahead for new PM to step out of president's grip

DRC
New Gécamines boss pledges to pay salary arrears to steady ship

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Senegal Guns and oil drive Russia's Dakar courtship

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West African cocoa cartel battles with the traders

Africa in the Russia-Ukraine war

East Africa's hotly contested coffee sector

DRC Yuma's sidelined rivals rise to top at Gécamines

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

DRC Congolese employers complain of tax ‘harassment'

DRC Albert Yuma's young guard take helm of DRC's Gécamines

DRC Alphonse Kaputo to honour Gécamines redundancy and pension obligations

In Focus | DRC, United States US disillusioned over failure to turn DR Congo away from Beijing

DRC Middleman Du Wei fights on with his partners for Nzilo II hydroelectric dam construction contract

DRC Trafigura execs in Lubumbashi to try to save Gécamines cobalt partnership

DRC Kinshasa orders Afriland to pay treasury millions levied on transporters

DRC Trafigura's cobalt partnership threatened by top management changes at Gecamines

In Focus | DRC Felix Tshisekedi's inner circle in a panic over mining deal dispute

DRC, South Africa South African taxman scores victory over China Molybdenum's private airline

DRC Cabinet and Tshisekedi's office set for a shake-up

DRC Congo hold-up investigation: Simon Cong's affairs flourish while Global Witness preps fresh revelations

DRC Keenly awaited Gécamines audit nears completion

DRC Tensions at the top over Tenke Fungurume mine

DRC Lubumbashi slag heap locals fume over pollution

Inner circles | DRC Hard road ahead for new PM to step out of president's grip

DRC New Gécamines boss pledges to pay salary arrears to steady ship

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

DRC
Yuma's sidelined rivals rise to top at Gécamines

DRC
Congolese employers complain of tax ‘harassment'

DRC
Albert Yuma's young guard take helm of DRC's Gécamines

DRC
Alphonse Kaputo to honour Gécamines redundancy and pension obligations

In Focus | DRC, United States
US disillusioned over failure to turn DR Congo away from Beijing

DRC
Middleman Du Wei fights on with his partners for Nzilo II hydroelectric dam construction contract

DRC
Trafigura execs in Lubumbashi to try to save Gécamines cobalt partnership

DRC
Kinshasa orders Afriland to pay treasury millions levied on transporters

DRC
Trafigura's cobalt partnership threatened by top management changes at Gecamines

In Focus | DRC
Felix Tshisekedi's inner circle in a panic over mining deal dispute

DRC, South Africa
South African taxman scores victory over China Molybdenum's private airline

DRC
Cabinet and Tshisekedi's office set for a shake-up

DRC
Congo hold-up investigation: Simon Cong's affairs flourish while Global Witness preps fresh revelations

DRC
Keenly awaited Gécamines audit nears completion

DRC
Tensions at the top over Tenke Fungurume mine

DRC
Lubumbashi slag heap locals fume over pollution

Inner circles | DRC
Hard road ahead for new PM to step out of president's grip

DRC
New Gécamines boss pledges to pay salary arrears to steady ship