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.
The former Glencore West Africa executive, who is suspected of having paid millions of dollars to Nigerian officials in return for contracts, has hired a top American lawyer who specialises in cases involving alleged white-collar crime.
Katanga Mining, a Glencore subsidiary operating a copper mine in DR Congo, and American shareholders who took a class action against it in the United States, reached an agreement in late December with a view to ending the dispute.
In the space of a few weeks both copper giant Glencore and gold miner Sibanye-Stillwater have found themselves each facing a class action in the United States. These are the latest episodes in a rising tide of cases made against [.