drc may relook state share

DRC may relook state share in mine projects

March 3 2014 at 05:10pm
By Reuters


Chantal Bashizi said the government had already lowered its proposed stake in new projects from 35 percent to 15 percent following outcry from investors in the vast mineral-rich central African nation.

“We are now discussing going further, down to 10 percent. In many of the countries in the region it is 10 percent, I think we will approve that,” Bashizi told Reuters.

http://www.iol.co.za/business/companies/drc-may-relook-state-share-in-mine-projects-1.1655558#.Uxeq0pVWH5o