Business Leaders Call For Mining Code Revision To Be Swift And Consensual

News: A planned revision to the Democratic Republic of the Congo's mining code should be done quickly and consensually as it could risk putting off investors and could slow economic growth, according to the country's business federation. The government is planning to review the code and implement key changes that are expected to boost state revenues. Prime Minister Augustin Matata Ponyo has pledged to enhance the country's business climate after the government was accused by critics in 2011 of selling mining assets worth billions of dollars at cheap prices.

News: A planned revision to the Democratic Republic of the Congo's mining code should be done quickly and consensually as it could risk putting off investors and could slow economic growth, according to the country's business federation. The government is planning to review the code and implement key changes that are expected to boost state revenues. Prime Minister Augustin Matata Ponyo has pledged to enhance the country's business climate after the government was accused by critics in 2011 of selling mining assets worth billions of dollars at cheap prices.

This article is tagged to:
Sector: Country Risk, Mining
Geography: Congo, Congo, Congo, Congo
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