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07/15/2009 AFRICA MINING INTELLIGENCE N°207

CONGO-K

Vulture Fund FG Hemisphere’s New Offensive

The vulture fund FG Hemisphere (AMI N°195) is now targeting mining companies. On July 7, the Congolese tax authority, the Direction Générale des Impôts (DGI), announced that the Groupement pour le Traitement du Terril de Lubumbashi (GTL) was not in a position to “honour a tax liability on profits for fiscal 2009 on 2008 revenues”, representing 6. (...)   [331 words]  [FREE]
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