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Congo: Provincial governor to step down, businesses worried

Tuesday, October 11, 2011

“(But) I don’t think his departure will have a big impact on mining in Katanga. As for security of investors, I don’t think that it is one person, it is the climate to do business.”

Katumbi himself was busy playing down sector jitters over a second review this month, insisting there would be nothing more sinister than a routine audit of existing contracts.

“I think there will be continuity of the state. I am not the first governor,” Katumbi told nervy mining executives at a conference.

“It is true that we have worked very well . Rest assured, there is democracy in our country and we are here to protect our investors.”

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