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DRC

Glencore close to settling tax dispute with Kinshasa

Congolese tax authorities and Glencore are currently in discussions over the hefty tax adjustment demanded for 2017 and 2018. [...] (281 words)

Issue dated 20/05/2021 Reading time 2 minutes

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Mining

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DRC
Direction des recettes du Haut-Katanga
Direction des recettes du Lualaba
Direction Générale des Douanes et Accises
Direction Generale des Impots
Direction générale des recettes administratives, judiciaires, domaniales et de participations
Gécamines
Glencore
Société nationale d'électricité

Senate criticises $700m tax rebate given to Glencore

In an unpublished parliamentary report, DR Congo senators have objected to the role of President Félix Tshisekedi's office in the 2021 tax breaks granted to Swiss commodity trader Glencore.

DRC Mining 20/09/2021

Glencore and Kinshasa see eye to eye on tax dispute

Glencore and the Congolese administration have reportedly agreed to a tax adjustment via several agreements.

DRC Mining 19/07/2021

Glencore's US problems with its Katanga Mining subsidiary are finally over

The class action law suit in New Jersey between Glencore subsidiary Katanga Mining (which operates the DRC's Kamoto copper-cobalt mine) and a group of its minority shareholders closed on June 25.

DRC Mining 08/07/2021

Emery Mukendi's death sparks inheritance feud between family and Elite Law Firm

The winding up of the late Congolese lawyer Emery Mukendi's law firm has triggered a battle both in and out of court in the US and the DRC between his family and Elite Law Firm, an entity founded by several of his former partners.

Lawyer Emery Mukendi Wafwana, who died in June 2020.

DRC Mining 25/05/2021

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.

DRC Mining 10/05/2021

Gecamines entrusts two sites to Terra Mining, a firm with Israeli, Bulgarian and Ukrainian ties

Terra Mining came to an agreement with Gecamines to determine the potential of two cobalt and copper permits in Haut-Katanga. The company is based in Bulgaria but run by Ukrainian and Israeli businessmen, some of whom are already very active in the DRC.

DRC Mining 03/05/2021

Illegal miners vs security forces: an exasperating game of cat and mouse

Katanga and national authorities appear powerless to halt the cycle of security forces chasing artisanal diggers from sites owned by frustrated mining firms only for the illegal diggers to move on to other sites.

MAURITIUS Mining 25/03/2021

Ex-Glencore and Trafigura exec Deon Garbers resurfaces in consulting

Deon Garbers has kept a low profile since he left Katanga Mining in 2018 following investigations into the Glencore subsidiary. But he recently reemerged to set up a consultancy firm in Mauritius.

DRC Mining 18/09/2020

Mining industry squares up to Tshisekedi over VAT

Since early August, mining operators in the DRC have been pushing back against recent fiscal and budgetary measures introduced by the central government in Kinshasa. On 8 September, the leading industry players turned out in force for a meeting with President Félix Tshisekedi.

Congolese president Félix Tshisekedi met with representatives of mining operators on 8 September.

Spotlight

DRC Mining 07/05/2020

With lithium in trouble, leading battery producer CATL forges ahead on cobalt

Having completed work on their new processing plant, the bosses of China's CATL group and its partner Putailai are now waiting only for the Covid-19 crisis to ease to officially launch operations at the Luisha South mine in Katanga, which is crucial to their development plans in DRC.

Set up email notifications for these topics

DRC
Direction des recettes du Haut-Katanga
Direction des recettes du Lualaba
Direction Générale des Douanes et Accises
Direction Generale des Impots
Direction générale des recettes administratives, judiciaires, domaniales et de participations
Gécamines
Glencore
Société nationale d'électricité

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Glencore close to settling tax dispute with Kinshasa

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Set up email notifications for these topics

Senate criticises $700m tax rebate given to Glencore

Glencore and Kinshasa see eye to eye on tax dispute

Glencore's US problems with its Katanga Mining subsidiary are finally over

Emery Mukendi's death sparks inheritance feud between family and Elite Law Firm

Lubumbashi slag heap locals fume over pollution

Gecamines entrusts two sites to Terra Mining, a firm with Israeli, Bulgarian and Ukrainian ties

Illegal miners vs security forces: an exasperating game of cat and mouse

Ex-Glencore and Trafigura exec Deon Garbers resurfaces in consulting

Mining industry squares up to Tshisekedi over VAT

With lithium in trouble, leading battery producer CATL forges ahead on cobalt

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Glencore close to settling tax dispute with Kinshasa

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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Set up email notifications for these topics

Senate criticises $700m tax rebate given to Glencore

Glencore and Kinshasa see eye to eye on tax dispute

Glencore's US problems with its Katanga Mining subsidiary are finally over

Emery Mukendi's death sparks inheritance feud between family and Elite Law Firm

Lubumbashi slag heap locals fume over pollution

Gecamines entrusts two sites to Terra Mining, a firm with Israeli, Bulgarian and Ukrainian ties

Illegal miners vs security forces: an exasperating game of cat and mouse

Ex-Glencore and Trafigura exec Deon Garbers resurfaces in consulting

Mining industry squares up to Tshisekedi over VAT

With lithium in trouble, leading battery producer CATL forges ahead on cobalt

Set up email notifications for these topics

First visit

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Indigo Publications also publishes: