Moïse Katumbi
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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 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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Lunda People
The Lunda (''Balunda'', ''Luunda'', ''Ruund'') are a Bantu ethnic group that originated in what is now the Democratic Republic of the Congo along the Kalanyi River and formed the Kingdom of Lunda in the 17th century under their ruler, Mwata Yamvo or Mwaant Yav, with their capital at Musumba.Pritchett, James Anthony: "Lunda".
World Culture Encyclopedia. Retrieved 15 May 2007.
From there they spread widely through Katanga and into Eastern , north-western (the
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Transportation
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicl ...
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Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Gécamines
La Générale des Carrières et des Mines (Gécamines) is a Congolese commodity trading and mining company headquartered in Lubumbashi, in the Katanga region of the Democratic Republic of Congo. It is a state-controlled corporation founded in 1966 and a successor to the Union Minière du Haut-Katanga. Gecamines is engaged in the exploration, research, exploitation and production of mineral deposits including copper and cobalt. One of the largest mining companies in Africa, and the biggest in the Democratic Republic of Congo, Gécamines sits on the world's greatest deposit of cobalt and has some of the world's largest deposits of copper. Copper mines in which Gécamines has a major interests include, but are not limited to, Kambove, Kipushi, Kamfundwa and Kolwezi. Located in the mineral-rich Katanga Province, Gécamines is currently going through a multi-year, multi-billion reorganization strategic development plan with the main objective of repositioning itself as one of t ...
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Independent Online (South Africa)
''Independent Online'', popularly known as ''IOL'', is a news website based in South Africa. IOL serves the online versions of a number of South African newspapers, including ''The Star'', ''Pretoria News'', '' The Daily Voice'', ''Cape Times'', ''Cape Argus'', ''Weekend Argus'', '' The Mercury'', ''Post'', ''Diamond Fields Advertiser'', ''Isolezwe'', ''Daily Tribune'', ''Sunday Tribune'', ''The Independent on Saturday'', and '' The Sunday Independent''. Corporate affairs Ownership Sekunjalo Investments owns 55% of the company via its subsidiary Sekunjalo Independent Media, the Public Investment Corporation of South Africa owns 25%, and two Chinese state-owned enterprises (China International Television Corporation and the China Africa Development Fund) own the remaining 20% of the newspaper. China International Television Corporation is a wholly-owned subsidiary of state broadcaster China Central Television (CCTV). Before 2013, IOL was owned by the Independent News & M ...
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Katanga Business
''Katanga Business'' is a 2009 film by Belgian director Thierry Michel that explores the mining industry in Katanga Province, Democratic Republic of the Congo. Plot The province of Katanga in the south east of the Democratic Republic of the Congo (DRC) has huge mineral riches including uranium, zinc, copper and cobalt. These were exploited in colonial times by the Union Minière du Haut Katanga, which was nationalized in 1966 by President Mobutu Sese Seko. Mobutu lavished wealth on his clan, but the mines were soon abandoned, forcing the miners into illegal artisanal workings. More recently new investors have bought into the industry including Indians and Chinese. The film surveys the industrial and artisanal mining industry in Katanga Province. The film explores the murky dealings between the state-owned Gécamines, foreign mining companies such as First Quantum Minerals and individuals like George Forrest, Indian and Chinese investors and state officials. It questions w ...
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Thierry Michel
Thierry Michel (born 13 October 1952) is a Belgian film director, mostly making social and political documentaries. His office and company ''Les films de la passerelle'' is located in Liège, where he works with the producer Christine Pireaux. Over a twenty-year period he has made a series of documentaries on different aspects of Zaire (now the Democratic Republic of the Congo). Taken together his films provide a unique overview of the social, economic and political life of the country. Belgium Thierry Michel was born in Charleroi in Belgium on 13 October 1952 in an industrial region called "The Black Country". At the age of 16 he began cinema studies at the Institute of broadcast arts in Brussels. While there he experienced the last student upheavals of 1968. He became one of the leaders of an emerging Walloon cinema movement. His 1982 ''Chronique d'une saison d'acier'' (''Chronicle of a steel season'') is set in the mining and steel region of his childhood. This "factional" f ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Bloomberg Businessweek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the b ...
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