1998, January 5 - 18.
Monetary questions
On January 6 the Central Bank reportedly effectuated a
harmonization of exchange rates in order to reduce regional
differences in the value of the national currency, the nouveau
zaire (NZ). The exchange rate in Lubumbashi now is 120.000-
125.000 NZ to $1, and in Kinshasa 105.000-111.000 NZ to $1. The
purpose is to attain the same rate for the whole country before
the introduction of a new currency, the Congolese Franc.
The
introduction of the new currency has been retarded because the
subsidiary of the Swedish Central Bank, that had been asked to
print the new bank notes, gave up. Moreover, the Belgian Central
Bank, that had offered technical assistance for the monetary
reform, wants to wait for approval from IMF.
Constitution
The constitutional commission has resumed its work after a break
during the Christmas holidays, in which several members of the
commission traveled through the country to sound out opinions
among the population. The aim is to present a draft constitution
to the President on the next first of May.
Arrests of Mobutists
On Januari 12 mr Bemba, an influential business man under the
Mobutu regime, was arrested for a third time. After the former
arrests he has been released after employing his fortune to
support the reconstruction of the country. At this moment more
than 30 mobutists, ex-bosses of state companies and ex-ministers,
are staying in prison. Last month the first court sessions were
held against Kikunda Ombala, the former director of the bankrupt
airline company Air Zaire, on accusation of corruption and
misappropriation of funds.
Commemoration of Patrice Lumumba
On January 17 a gathering was held under presidence of Kabila in
the Palais des Nations to commemorate the assasination of Lumumba
(1960, January 17), that was attended by thousands of people:
members of youth- and womenorganisations, grass roots
organisations, cultural unions, and AFDL support groups.
National Reconstruction Conference
This conference, that will be held from January 24 till February
18 in Kinshasa, is getting support from several foreign
governments and international institutions: Canada, USA (via
USAID), Germany, Belgium en some UN-organisations as UNDP,
UNICEF, etc. Other countries have shown their interest: Great
Britain, the Netherlands, South Africa and the EU.
The conference has been prepared on provincial level by grass
roots conferences, which have formulated recommendations, for
example: more realistic wage scales for public servants,
prevention of interference of the executive power with other
powers, and improvement of local economies. Several Congolese
exiles from Europe (the Netherlands, Germany, Belgium and
Switserland) will attend the conference.
Tenke Fungurume
Concerning the Tenke Funkurume mining project, the Canadian Tenke
Mining Corporation has declared (Business Wire, January 5), that
its contract with the Congolese state is sure and the
relationship between Tenke Mining Corp. and Gecamines and the
government is excellent. There were some rumours that it wasn't,
but this rumours are incorrect. TMF holds 55% of the shares and
has controle of the Board. The remainder of the shares are owned
by Gecamines.The estimation is that because of newly found
resources the production can be doubled.
"Global Development of Mining in Kolwezi"
President Kabila announced an important mining deal on television
on January 14. It concerns an agreement between Gecamines and a
consortium of foreign companies for mining in the southern
Kolwezi area. (N.B.not the same area as the "AMF-area".)
The consortium includes Australian, Asian, Belgian, Canadian,
Chinese, European and South African based mining companies. The
deal would cover a vast 22 000 sq km of copper.
Mineral wealth
The mineral reserve of copper and cobalt in the province Katanga
values near $ 85 billion according to running researches: Kolwezi
accounts for $ 10 billion, and Fungurume for $75 billion.
These estimations are temporary, because the research goes on.
French support to Hutu murderers
Recently, more has become known about support given by France to
the Hutu regime during the genocide of 1994. The Belgian
newspaper De Standaard quotes a recent article in the French
newspaper Le Figaro: Up to one and a half month after the
beginning of the genocide (on April 6, 1994) France continued to
cooperate politically with the then Rwandese regime, that started
the genocide. Via French intermediaries the then Rwandese army
(FAR) could count on arms supplies. Following Le Figaro, the
French government continued its support till end of May, as
genocide was raging. E.g., on May 3 an airplane landed in former
Zaire with $ 942.680 worth arms supplies in its hold. The French
firm DYL mediated in this arms deal. On May 6, 1994 Sofremas
(societe francaise d'exportation de materiel et de systemes
d'armement) confirmed an order of arms, worth $ 8.028.000, to
Rwanda. The arms deliveries went on in spite of the arms embargo
proclaimed by the UN on May 17 against Rwanda. Contrary to claims
from the French Ministry of Defense, that since the start of the
"Operation Turquoise" , June 23, no more weapons had been
delivered, according to Le Figaro an airplane landed in Goma on
July 18, 1994 containing arms at the value of $ 754.645. The
genocide did cost the lives of about 800.000 Tutsi.
See also:
chronicle 8, september 15 -september 28 1997
chronicle 9, september 29 -october 12 1997
chronicle 10, october 13 - october 26 1997
chronicle 11, october 27 - november 9, 1997
chronicle 12, november 10 -november 23 1997
chronicle 13, november 24 -december 7 1997
chronicle 14, december 8 1997 - january 4 1998