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New Gecamines boss

    NAIROBI

    According to a DRC presidential decree, Billy Rautenbach, the Zimbabwean chairman of DRC’s state mining company, Gecamines, has been replaced by a Belgian businessman, Georges-Arthur Forrest, the ‘Zimbabwe Standard’ reported on Sunday. Forrest, who was born in Congo, is well-known in the country’s business circles and heads Forrest International, a mining and civil engineering company which has been operating in Katanga province for decades. Rautenbach’s controversial appointment was announced by President Laurent-Desire Kabila last November, but according to the newspaper he has been accused of failing to turn around Gecamines which, as a result, has been facing mounting debt. However, his offshore company Ridgepoint, owns the rights to vast mineral exploitations in Katanga province.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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