Not up to Nigel but.............
The President of DRC can now approve SEZ and Sovereign Guarantee.
Tshisekedi has the legal ability to pass and approve 2 key milestones for financiers to back AVZ.
We are resolutely committed to the path of true democracy in the Democratic Republic of Congo,” Peter Kazadi, a lawmaker from Tshisekedi’s CACH political alliance, said on Twitter. “With this change of majority, no one will be able to take our political class hostage,” he added.
Cheers, hugs and dancing broke out among lawmakers when it was clear the motion had passed, before the count was complete [Arsene Mpiana/AFP]
Tshisekedi was a longtime opponent of Kabila, who governed from 2001 to January 2019. He won office by defeating Kabila’s chosen successor in the 2018 election, even as independent observers, including Catholic bishops, said another opposition candidate had won.
But Kabila’s Common Front for Congo (FCC) won parliamentary majorities in the same election with more than 60 percent of the seats, forcing Tshisekedi to enter into a coalition with it.
The awkward arrangement has frustrated Tshisekedi as he tries to pursue an agenda that includes addressing armed violence in the mineral-rich east, reforming the judiciary and securing financial support from the International Monetary Fund and World Bank.
After nearly two years of trying to chip away at Kabila’s power, Tshisekedi initiated talks last month with political, religious and civil society leaders.
On Sunday, he announced he would move to end the coalition with the FCC.
ALL IMO
AVZ Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held