With the Democratic Republic of Congo (DRC) being a key focus of Africa’s mining sector, the Investing in African Mining Indaba in Cape Town recently provided authorities with a good opportunity to update the mining fraternity on regulatory developments.
There was particular interest at the Mining Indaba in the presentations by the Regulatory Authority for Subcontracting in the Private Sector (ARSP), according to Dominique Sambwa, geological consultant and chairman of SRK Consulting (Congo). The ARSP is a government body set up in terms of the 2017 mining law to manage the rules relating to subcontracting by the private sector.
“The subcontracting regulations require that companies serving the mining sector must be locally based and have at least 51% ownership by Congolese citizens,” said Sambwa. “The Indaba allowed the ARSP to update many foreign stakeholders on how this plan is being rolled out, and what it means for foreign-based service companies working in the DRC.”
Read the full article on First Mining DRC Zambia.
