AVZ Discussion 2022

[Winenut]

Balance is most important - echo chambers for any one side are dangerous, but i do think letting it out and having a rant shouldn't be shat on by others.

I've seen positive and negative comments from most of the regular posters, so lets just be cool everyone.

We're all in different situations; those who are struggingly financially obviously will feel more pressure and tend to be more negative; those who aren't struggling as bad will lean more optimistically; those with more on the line, want to be more positive, blah blah blah the list goes on.

I suggest there be a TSE exchanging of shoes, so everyone can calm down and walk a mile in others' shoes.

But ultimately everyone here just wants some fucking clarity. That's not our responsibility, so lets not bash each other and stay the course (feels like the home stretch).

"But ultimately everyone here just wants some fucking clarity. That's not our responsibility"

Well said on all the above

And yep some clarity.....and we know the only ones who can really provide that

Bring it on Nige.....bring it on buddy!!

 

[Spikerama]

"But ultimately everyone here just wants some fucking clarity. That's not our responsibility"

Well said on all the above

And yep some clarity.....and we know the only ones who can really provide that

Bring it on Nige.....bring it on buddy!!

Typical Wino. Always wants everything to be Clarety.

 

[cruiser51]

WORLD, ASIA - PACIFIC
The former Minister of
Chinese justice sentenced to death for corruption
Fu Zhenghua found guilty of taking advantage of his position between 2005 and 2021, including accepting bribes of more than $16 million, helping his brother
Riyaz al-Khaliq
22.09.2022 Updated: 23.09.2022

 

[Xerof]

WORLD, ASIA - PACIFIC
The former Minister of
Chinese justice sentenced to death for corruption
Fu Zhenghua found guilty of taking advantage of his position between 2005 and 2021, including accepting bribes of more than $16 million, helping his brother
Riyaz al-Khaliq
22.09.2022 Updated: 23.09.2022

Is Simon Cong currently Minister of Anything in China? Hope so

 

[Winenut]

Typical Wino. Always wants everything to be Clarety.

Ha ha!

Pass me the Clarety!

And some of that Burgundy at the same time please

 

[Remark]

Ha ha!

Pass me the Clarety!

And some of that Burgundy at the same time please

 

[Strongman]

Is Simon Cong currently Minister of Anything in China? Hope so

Hahah mate thats farkn gold...still laughing after reading it 10 times
Seriously though that is so heavy. Death penlty for accepting bribes...bloody Hell. I f they introduce that in DRC then theres the government and all the admin down the gurgler.

 

[JAG]

Hahah mate thats farkn gold...still laughing after reading it 10 times
Seriously though that is so heavy. Death penlty for accepting bribes...bloody Hell. I f they introduce that in DRC then theres the government and all the admin down the gurgler.

Something similar is already making the rounds on the bird with around 25 of these tweets going out

 

[Samus]

1/5 Who is @adelekayinda01 ? Originally from Sandoa in the #Lualaba , locality of Mwathisenge. Born April 11, 1970 in Kasenga in Haut-Katanga where her father (late Colonel Ferdinand Mahina Bitshilo), was a medical assistant. Princess of the Mwathisenge family of the tribe

2/5 of #Tshokwe , where her brother is still the reigning king, Mwena Mwathisenge. Mother of 4 children, fervent believer of the United Methodist Church where she is "Maman Kipendano" (Women distinguished by their degree of charity.) Degree in Industrial Sociology at

3/5 Higher Institute of Social Studies of Lubumbashi. Nicknamed the "dean of national deputies" for her 19 years of national deputation, she is National President of the ALDEC party, member of the AFDC-A of
@PLukwebo President of the Senate, she was also a member and co-founder

4/5 of @pprdofficiel Joseph #Kabila before immigrating to the Sacred Union of #Félix Tshisekedi. After her studies, she was an intern at the National Institute of Social Security (INSS), head of staff in carpentry #Lubumeuble , management executive in Kisenge

5/5 Manganese where she was notably an administrator, She began to take an interest in politics as deputy cabinet secretary in the office of Deputy Minister Crispin Makwanza. She is the current Minister for the Portfolio in the Government @LukondeSama.
Kiki #Kienge

 

[Panther22]

Something similar is already making the rounds on the bird with around 25 of these tweets going out

View attachment 32248

Corruption is frowned upon in China but endorsed in other Countries to get an advantage. Unbelievable.

 

[Rediah]

1/5 Who is @adelekayinda01 ? Originally from Sandoa in the #Lualaba , locality of Mwathisenge. Born April 11, 1970 in Kasenga in Haut-Katanga where her father (late Colonel Ferdinand Mahina Bitshilo), was a medical assistant. Princess of the Mwathisenge family of the tribe

2/5 of #Tshokwe , where her brother is still the reigning king, Mwena Mwathisenge. Mother of 4 children, fervent believer of the United Methodist Church where she is "Maman Kipendano" (Women distinguished by their degree of charity.) Degree in Industrial Sociology at

3/5 Higher Institute of Social Studies of Lubumbashi. Nicknamed the "dean of national deputies" for her 19 years of national deputation, she is National President of the ALDEC party, member of the AFDC-A of
@PLukwebo President of the Senate, she was also a member and co-founder

4/5 of @pprdofficiel Joseph #Kabila before immigrating to the Sacred Union of #Félix Tshisekedi. After her studies, she was an intern at the National Institute of Social Security (INSS), head of staff in carpentry #Lubumeuble , management executive in Kisenge

5/5 Manganese where she was notably an administrator, She began to take an interest in politics as deputy cabinet secretary in the office of Deputy Minister Crispin Makwanza. She is the current Minister for the Portfolio in the Government @LukondeSama.
Kiki #Kienge

Kiki preparing her political eulogy?

 

[Thunderpony]

Making bribes -Good
Taking bribes -Bad

 

[Sparrowhawk12]

Something similar is already making the rounds on the bird with around 25 of these tweets going out

View attachment 32248

My first thought re "Fu - Bribery - Death Sentence" was ... has he angered CCP/Xi and will he get a reprieve if he doesn't blow the whistle on other corruption?

 

[Samus]

1/4 Who is @anskalambayi? “I inherited a mining sector marked by massive fraud” Daughter of François Kalambayi friend of the late Etienne #Tshisekedi , "like father like daughter", she is a long-time activist of the UDPS/Matete and UDPS/France. "She doesn't digest that

2/4 we link his political career with the advent of @kabund_jmkkrock as SG of the party". Lawyer specializing in public law @Unikinrdc she spent 10 years at
@MinMinesRDC as a simple state official, Inspector General of Mines to reach the rank of

3/4 head of division, then in 2021 Minister. In 2016 she wrote a book on the independence of the CENI, "Does the CENI enjoy its organic and functional independence?" It demonstrates the politicization of @cenirdc which remains at the service of the power of #Kabila and the instrument

of electoral fraud. “We are going to work by mutual agreement (..) so that tomorrow we can talk about the DRC, a country which is full of mineral substances and that these mineral substances benefit the Congolese population”, ANK as Minister of Mines. Kiki #Kienge

 

[marksmann007]

China battery giant CATL's $5 bln Swiss listing delayed amid Beijing regulatory concerns - sources

 

[CHB]

1/5 Who is @adelekayinda01 ? Originally from Sandoa in the #Lualaba , locality of Mwathisenge. Born April 11, 1970 in Kasenga in Haut-Katanga where her father (late Colonel Ferdinand Mahina Bitshilo), was a medical assistant. Princess of the Mwathisenge family of the tribe

2/5 of #Tshokwe , where her brother is still the reigning king, Mwena Mwathisenge. Mother of 4 children, fervent believer of the United Methodist Church where she is "Maman Kipendano" (Women distinguished by their degree of charity.) Degree in Industrial Sociology at

3/5 Higher Institute of Social Studies of Lubumbashi. Nicknamed the "dean of national deputies" for her 19 years of national deputation, she is National President of the ALDEC party, member of the AFDC-A of
@PLukwebo President of the Senate, she was also a member and co-founder

4/5 of @pprdofficiel Joseph #Kabila before immigrating to the Sacred Union of #Félix Tshisekedi. After her studies, she was an intern at the National Institute of Social Security (INSS), head of staff in carpentry #Lubumeuble , management executive in Kisenge

5/5 Manganese where she was notably an administrator, She began to take an interest in politics as deputy cabinet secretary in the office of Deputy Minister Crispin Makwanza. She is the current Minister for the Portfolio in the Government @LukondeSama.
Kiki #Kienge

 

[Frank]

Market: fall in the prices of the main minerals exported by the DRC

The prices of the main raw materials exported by the Democratic Republic of Congo have generally fallen on the international market, indicates the Central Bank of Congo.

Copper fell 2.1% to $8,805.9 per ton.

The price of cobalt continued its downward trend during the four consecutive weeks of the current month of February.

It is established at 33,760.00 USD per ton, a decrease of 4.3%.

In monthly footfall, the two major commodities fell 6.0% and 30.5% respectively.

According to the Ministry of Mines, the Democratic Republic of Congo produced a total of 2,515,846.74 tonnes of copper and 115,371.31 tonnes of cobalt in 2022.

Since 2020, copper exports have increased by 14.4% to reach a level of more than 10 billion USD, or 68.3% of total exports.

This increase reflects the simultaneous effect of the increase in prices on international markets.

This drop in prices is bad business for the DRC.

View attachment 32124

China to increase control over global cobalt supply — report​

China is poised to increase its control over the global cobalt supply, according to a report by Darton Commodities, a UK-based cobalt trader.

Over the next two years, China’s share of cobalt production is expected to reach half of global output, up from 44% at present, Darton said.

Chinese refining activity reached 140,000 tonnes in 2022, giving the country a 77% global share of refining capacity.

The price of the metal hit a 32-month low this month amid a surge in production.

Global mine production grew 42% between 2020 and 2022 as covid-19 related supply chain constraints eased, existing operations ramped up and several new mines were commissioned.

Glencore Plc was by far the world’s largest cobalt miner last year, mainly from its two operations in Congo.

Eurasian Resources Group and China’s CMOC Group Ltd., which also have large Congo operations, followed the Swiss company as the biggest producers.

Global supplies are expected to surge to around 210,000 tonnes this year, up 24% from 2022, while demand is forecast to rise 8% to 205,000 tonnes, according to the report.

Liberum analyst Tom Price told Reuters that prices are expected to average $54,840 a tonne this year and $50,320 in 2024, compared with $63,739 last year.

“A lot of things converged at the same time to push the market down: the relaxation of logistics issues, weak consumer electronic sales and a technology shift towards lower or no cobalt EV batteries,” Caspar Rawles, chief data officer at Benchmark Mineral Intelligence, told the Financial Times.

Cobalt prices could fall further if Tenke Fungurume, the world’s second-largest cobalt mine owned by CMOC, is allowed to resume exports from the DRC after a tax dispute led to an export ban last July.

The company has kept producing despite the ban, stockpiling 10,000 to 12,000 tonnes of the metal.

mining.com

In 2006, batteries accounted for 26pc of lithium demand. ​

By 2026 it will be 90pc​

As the main component of lithium-ion batteries used in electric vehicles and stationary battery systems, lithium is considered the backbone of most green energy technologies.

Until the next technological advances are achieved, the light metal will be the driving force behind the ‘battery era’ over the next decade.

According to Benchmark Mineral Intelligence the battery industry is set to extend its dominance of the lithium market to such a point that by 2026 it will account for 90% of demand.

View attachment 32122

In a matter of twenty years, the astronomical growth in electric vehicle adoption has seen the battery industry grow from a relatively small consumer to become the markets primary driver.

And the race to secure supplies is far from over yet.

UBS says China’s efforts to increase uptake could see it account for nearly a third of the world’s supply by the middle of the decade.

The bank expects Chinese-controlled mines, including projects in Africa, to raise output to 705,000t by 2025, from 194,000t in 2022.

mining.com



View attachment 32132



View attachment 32126


View attachment 32128



View attachment 32129



*This drop in prices is bad business for the DRC.



*Don't forget the Tin you DRC Turkey's $$$$$$$$$$$$$$$$


Food for thought Felix

Frank

The Government encouraged to do everything possible for economic growth of 8% in 2023

Despite the difficult economic context marked in particular by the continuation of the Russian-Ukrainian crisis and the aggression suffered by the Democratic Republic of Congo by its neighbor Rwanda, the President of the Republic, Félix Tshisekedi, encouraged the Government to spare no effort to achieve economic growth of 8% in 2023 as projected by the staff of the International Monetary Fund.

The President of the Republic, Félix Tshisekedi, made this known during the ninetieth meeting of the Council of Ministers, held on Friday March 10, 2022.

"Faced with the favorable outlook expected in 2023, the President of the Republic encouraged the Government to spare no effort to support economic recovery, strengthen the resilience of our economy, preserve the purchasing power of Congolese by upgrading our national currency against foreign currencies, particularly the US dollar.

This, in order to materialize the economic growth projected by the services of the International Monetary Fund at 8%, despite the context of aggression of the country by Rwanda, and the persistence of the repercussions of the invasion of Ukraine by Russia, which continue to disrupt African and global supply chains and drive up food prices, said Congolese Government Spokesman Patrick Muyaya.

According to the Congolese President, the strategies proposed by the African Development Bank (AfDB), which moreover align with the actions of the Congolese Government, should help the country achieve this ambition.

In its report, the AfDB suggests the continuation of the accelerated implementation of structural reforms aimed at strengthening the industrialization of the private sector supported by the Government in key sectors, such as: agriculture and agro-industry, smart energy transitions in the face of climate degradation, the development of natural resource value chains, in particular those of minerals as means of accelerating the economic growth of the DRC.

mediacongo


Development program for 145 territories: More than $700 million mobilized for the construction of 2,200 structures (Min a.i du Plan)

During the press briefing on Tuesday March 14, 2023, in Kinshasa, the ad interim Minister of Planning, Christian Mbadu, indicated that the Congolese government has already mobilized more than 700 million US dollars, i.e. nearly 50% of the financing of the Grassroots development program for 145 territories in the Democratic Republic of Congo.

''To date, the government has already mobilized and secured USD 762 million, or almost 50%, of the funding for the Program and the implementing agencies have already received USD 511.0 million for the first component of the programme'' , said the acting Minister of the Plan.

According to him, this first component consists of the construction of 2,200 works including 1,210 schools, 788 health centers and 145 territorial administrative buildings.

In addition, the Minister of Planning revealed that the government has also disbursed 12 million USD for feasibility studies on the rehabilitation and maintenance of 38,000 km of agricultural desert roads and 440 works of art.

Initiated by the President of the Republic, Félix-Antoine Tshisekedi Tshilombo, the Development Program of 145 territories wants to initiate the development of the Democratic Republic of Congo from the base.

It takes into account 4 sectors of life, namely: water and electricity, health, education and agricultural service roads.

mediacongo

 

[TheV]

Corruption is frowned upon in China but endorsed in other Countries to get an advantage. Unbelievable.

They are actually communist internal party fightings - in the name of corruption they get rid of their enemies . They are all corrupt. Otherwise they can't climb up the ladder of power at all. Briberies are norm in countries like China or Vietnam

 

[Ozthescot]

China battery giant CATL's $5 bln Swiss listing delayed amid Beijing regulatory concerns - sources

This sounds quite similar to what initially happened to Alibaba a while back. But i think it was to do with Jack Ma disrespecting the "supreme leader!"

 

[Bin59]

NGOs have been effective in the Gertler case due to their hard work - let’s be grateful they are also working in the interests of the Congolese people by supporting AVZ in their efforts to mobilise the Manono Lithium & Tin Project.

As Dan Gertler says, "the sanctions had the expected effect".

Justice is coming for $AVZ.

Implement OE 13818 against ministers #SimonCong and #DRC guilty of corruption.

@LukondeSama @GuyLoando_

@CybelleKamba @YNdjoli @AngelKazadi @JagmAdeseny @USAmbDRC