The President of the Republic, Félix Antoine Tshisekedi, has just maintained Albert Yuma Mulimbi in his position of Chairman of the Board of Directors of Gécamines. The decision was announced on the antennas of the national radio and television tonight on Monday, June 3, 2019.

Beyond the political contingencies, some believe that this renewal is visibly motivated by the need to strengthen the action initiated by this vertebrate during his mandate for win-win partnerships in the joint ventures of the mining giant.

Indeed, Albert Yuma and his collaborators of the time have put in place a new model modeled simple, virtuous and based on three principles in order to benefit Gécamines the fruit of its partnerships.

At the 2018 Mining Indaba, the Chairman of the Board of Directors unveiled them. It’s about :

Primo. From the retribution of Gecamines, which will now be in kind, that is to say in produced materials, that it will undertake to commercialize as it wishes.

Second. Failure to achieve the desired profitability by the project will now be borne by the investor operator and not by Gécamines.

Third. The division of the surplus generated over the basic assumptions, in the event of favorable commodity prices, will be divided in stages on a more favorable basis for Gécamines as the price increases.

To achieve this, all means have been mobilized and the first benefits are visible.

Moreover, this action is part of the strategy to re-develop a mining tool in own Gecamines meet the best standards; to rebalance Gécamines partnerships; and to rebuild an organization adapted to international competition.

This action, say some, should be reinforced by the dynamism of new leaders, particularly in strengthening corporate governance.

Emilie MBOYO