Billy Rautenbach
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Billy Rautenbach
Muller Conrad "Billy" Rautenbach (born 23 September 1959) is a Zimbabwean business magnate, whose more than 150 ventures have included companies involved in transport, cobalt and platinum mining, and biofuel production, primarily in Africa. The 2022 Data Leaks at Credit Suisse appeared to confirm allegations – for which he had faced American and European sanctions in earlier years – that Rautenbach used the proceeds from a mining deal to support the ZANU-PF regime of dictator Robert Mugabe, during the latter's repressive 2008 election campaign in Zimbabwe. From 1999 to 2009, Rautenbach was a fugitive from fraud and corruption charges in South Africa. Early life Rautenbach was born Muller Conrad Rautenbach in 1959 in what was then Salisbury, Rhodesia. He inherited a Rhodesia-based trucking company from his father, Wessels, and his rise in business began in earnest when he moved to Johannesburg, South Africa. Career Business ventures Rautenbach's first venture was ...
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Harare
Harare (; formerly Salisbury ) is the capital and most populous city of Zimbabwe. The city proper has an area of 940 km2 (371 mi2) and a population of 2.12 million in the 2012 census and an estimated 3.12 million in its metropolitan area in 2019. Situated in north-eastern Zimbabwe in the country's Mashonaland region, Harare is a metropolitan province, which also incorporates the municipalities of Chitungwiza and Epworth. The city sits on a plateau at an elevation of above sea level and its climate falls into the subtropical highland category. The city was founded in 1890 by the Pioneer Column, a small military force of the British South Africa Company, and named Fort Salisbury after the UK Prime Minister Lord Salisbury. Company administrators demarcated the city and ran it until Southern Rhodesia achieved responsible government in 1923. Salisbury was thereafter the seat of the Southern Rhodesian (later Rhodesian) government and, between 1953 and 1963, th ...
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Corruption
Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption may involve many activities which include bribery, influence peddling and the embezzlement and it may also involve practices which are legal in many countries. Political corruption occurs when an office-holder or other governmental employee acts with an official capacity for personal gain. Corruption is most common in Kleptocracy, kleptocracies, oligarchy, oligarchies, narco-states, and mafia states. Corruption and crime are endemic sociological occurrences which appear with regular frequency in virtually all countries on a global scale in varying degrees and proportions. Each individual nation allocates domestic resources for the control and regulation of corruption and the deterrence of crime. Strategies which are undertaken in order to c ...
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National Prosecuting Authority
The National Prosecution Authority (NPA) is the agency of the South African government responsible for state prosecutions. Under Section 179 of the Constitution and the National Prosecuting Authority Act of 1998, which established the NPA in 1998, the NPA has the power to institute criminal proceedings on behalf of the state and to carry out any necessary functions incidental to institution of criminal proceedings. The NPA is accountable to Parliament, and final responsibility over it lies with the Minister of Justice and Correctional Services. Structure On a national level, the NPA is headed by the National Director of Public Prosecutions (NDPP). The NDPP is appointed by the President of South Africa for a term of 10 years. The NDPP is supported by a chief executive officer, a position which was filled by Marion Sparg from 2000 to 2007, and by four Deputy National Directors of Public Prosecutions. At the national level, there are also four Special Directors and an Investig ...
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Chipinge District
Chipinge District is a district in Manicaland Province of Zimbabwe. The administrative headquarters is Chipinge. Geography Chipinge District is the southernmost district in Manicaland province. It is bounded on the north by Chimanimani District, on the west by Masvingo Province, and on the east by Mozambique. The Save River forms the western boundary of the District, and drains the western and southern portions of district. The northeastern portion of the district is drained by the Buzi River and its headwater tributaries. The southern end of the Eastern Highlands reach into the northern portion of the district. Mount Selinda (1,230 meters) lies near the Mozambican border. Townships and villages * Craigmore * Chibuwe * Chipinge * Chisumbanje * Checheche * Junction Gate * Mkasa * Rupisi People The rural portion of Chipinge District has a population of 324,133. The rural population is 298,841, and the urban population, which consists of Chipinge town, is 25,292 (20 ...
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Chisumbanje
Chisumbanje is an area in the Province of Manicaland, Zimbabwe. It is situated in Chipinge District, one of the seven districts in Manicaland Province. It is located in the Dowoyo communal land on the eastern bank of the Save River, about south of Birchenough Bridge on the Birchenough Bridge-Chiredzi road. Social Chisumbanje is under Chief Garahwa. Muchongoyo is a dance popular in Chipinge area and people in Chisumbanje respect this type of dance. Besides entertaining villagers, it is also used as a source of unity and love among the locals. the Teponean society, Topoyak language, Teponism movement and Teponisation is the social identity of the residents of Chitepo Cosmo dated back to 1925. Climate The area is arid because it lies in a valley and crop yields are generally poor thus it is prone to food insecurities. It is totally different from the other northern part of Chipinge district which lies in Zimbabwe's region one. Other districts in region one in Manicaland Province, (e ...
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Ethanol Fuel
Ethanol fuel is ethyl alcohol, the same type of alcohol found in alcoholic beverages, used as fuel. It is most often used as a motor fuel, mainly as a biofuel additive for gasoline. The first production car running entirely on ethanol was the Fiat 147, introduced in 1978 in Brazil by Fiat. Ethanol is commonly made from biomass such as corn or sugarcane. World ethanol production for transport fuel tripled between 2000 and 2007 from to more than . From 2007 to 2008, the share of ethanol in global gasoline type fuel use increased from 3.7% to 5.4%. In 2011 worldwide ethanol fuel production reached with the United States of America and Brazil being the top producers, accounting for 62.2% and 25% of global production, respectively. US ethanol production reached in May 2017. Ethanol fuel has a " gasoline gallon equivalency" (GGE) value of 1.5, i.e. to replace the energy of 1 volume of gasoline, 1.5 times the volume of ethanol is needed. Ethanol-blended fuel is widely used in Bra ...
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Moïse Katumbi
Moïse Katumbi Chapwe (; born 28 December 1964) is a Congolese businessman and politician. He was Governor of Katanga Province, located in the southern part of the Democratic Republic of the Congo, from 2007 to September 2015. He was a member of the People's Party for Reconstruction and Democracy (PPRD) until September 2015. He has been described by ''The Economist'' as "probably the second most powerful man in the Democratic Republic of Congo after the president, Joseph Kabila". ''Jeune Afrique'' named him "African of the Year" in 2015. Background and personal life Moïse Katumbi was born on 28 December 1964 to a Congolese mother of Bemba and Yeke tribe and a Sephardic Jewish father from Greece, Nissim Soriano. Katumbi's father, a Greek Sephardic Jew, fled Rhodes in 1938 with his two sisters after the introduction by the Italian fascist regime of the discriminatory Racial Laws (Rhodes had been under Italian occupation since 1912). He settled in Katanga, in the Congo, a Belgian c ...
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Katanga Mining
Katanga Mining Ltd was a mining company operating in the Democratic Republic of the Congo with its headquarters in Canada. Katanga Mining operated a major mine complex in the Congo's Katanga Province, producing refined copper and cobalt. It claimed to have the "potential of becoming Africa's largest copper producer and the world's largest cobalt producer." Katanga Mining formed two joint-venture projects with state-owned Gécamines to develop the mining complex: Kamoto Copper Company (KCC) and DRC Copper and Cobalt Project (DCP). Assets and ownership The company was first listed on the Toronto Stock Exchange in August 1997. In January 2008 Katanga Mining acquired Nikanor plc for $452m. Katanga Mining was purchased by Glencore in 2020 and it was de-listed from the Toronto Stock Exchange. DRC Copper and Cobalt Project DRC Copper and Cobalt Project (DCP) began mining Tilwezembe, an open-pit copper and cobalt mine, in 2007. In November 2008, Katanga Mining said they had te ...
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Eurasian Natural Resources Corporation
Eurasian Natural Resources Corporation PLC (ENRC) was a public, Kazakhstan/Central African-focused, multinational leading diversified natural resources company headquartered in London, United Kingdom. It had activities in integrated mining, processing, energy, logistics and marketing. ENRC was formed in 1994, listed on the London Stock Exchange in 2006 delisted after a near six-year spell in November 2013. A secondary listing and subsequent de-listing also took place on the Kazakhstan Stock Exchange. ENRC is now a fully owned subsidiary of the Eurasian Resources Group (ERG), a private natural resources company headquartered in Luxembourg. This private company incorporates the assets of former FTSE-100 group, ENRC PLC, which it acquired in November 2013. History Major events The assets of the company were acquired during the mid-1990s as part of the privatization process in Kazakhstan. The company in its present form was established in 2006 as part of a re-organisation to con ...
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Central African Mining And Exploration Company
The Central African Mining and Exploration Company plc (CAMEC) was a mining company active in the Katanga Province of the Democratic Republic of the Congo (DRC) and in other parts of Africa. It was acquired by Eurasian Natural Resources Corporation in 2009. Early years In September 2002 Andrew Groves reported a 6 to 7 million Rand had been spent to upgrade the Three Aloes mine. CAMEC listed on the London Stock Exchange's Alternative Investment Market in October 2002. It pursued an aggressive and successful program of acquiring and developing projects, finding little difficulty in gaining funding based on its strong track record. The company developed operations or undertook exploration in Mali (bauxite), Mozambique (coal), the DRC (copper and cobalt), South Africa (fluorspar) and Zimbabwe. Entry into Congo Initially, the Zimbabwean businessman Billy Rautenbach controlled ''Boss Mining Sprl'', which owned 50% of the Mukondo resource. The provenance of Rautenbach's claims to Mu ...
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Katanga Province
Katanga was one of the four large provinces created in the Belgian Congo in 1914. It was one of the eleven provinces of the Democratic Republic of the Congo between 1966 and 2015, when it was split into the Tanganyika Province, Tanganyika, Haut-Lomami, Lualaba Province, Lualaba, and Haut-Katanga provinces. Between 1971 and 1997 (during the rule of Mobutu Sese Seko when Congo was known as Zaire), its official name was Shaba Province. Katanga's area encompassed . Farming and ranching are carried out on the Katanga Plateau. The eastern part of the province is considered to be a rich mining region, which supplies cobalt, copper, tin, radium, uranium, and diamonds. The region's former capital, Lubumbashi, is the second-largest city in the Congo. History Copper mining in Katanga dates back over 1,000 years, and mines in the region were producing standard-sized ingots of copper for international transport by the end of the 10th century CE. In the 1890s, the province was beleaguered ...
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Mukondo Mine
Mukondo Mine is a copper and cobalt mine in Katanga Province, Democratic Republic of the Congo. As of 2011 it was operated by the Central African Mining and Exploration Company (CAMEC). It may be the richest cobalt reserve in the world. Location In July 2008 CAMEC said the resource estimate at Mukondo was 70 million tons of ore containing 1.5 million tons of copper and 500,000 tonnes of cobalt. The cobalt grade averages 1.2%, an exceptionally high concentration. The Mukondo mountain has a height of over . Mining is relatively cheap since waste rock can simply be pushed off the mountain rather than hauled away. Ownership changes In January 2001 the Kababancola Mining Company (KMC) was established as a copper and cobalt mining partnership for a 25-year term. Tremalt, controlled by the Zimbabwean businessman John Bredenkamp, held 80% of KMC while the state-owned Gécamines held 20% In June 2006 Dan Gertler bought Tremalt for about $60m. The sale was to Prairie International, of whi ...
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