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News | Matata Ponyo

DR Congo Eases Process for Starting a New Business

L'Avenir - June 3, 2013

Matata Ponyo meets with FEC president Albert Yuma on 8/3/2012Prime Minister Matata Ponyo has inaugurated the new one-stop agency for entrepreneurs who want to start a new business. The head of the new agency said that its offices across the country will streamline the process of creating a new business, which used to take months, to a maximum of 3 business days.
DR Congo Officials Vow to Defend Goma Against M23 Rebels

Congo News Agency - November 19, 2012

Goma, capital city of North Kivu province in eastern CongoNorth Kivu province Governor Julien Paluku has reassured residents of the eastern Congo city of Goma that it remains under the control of the Congolese army. He dismissed rumors that top government and military officials have fled towards Bukavu, in South Kivu province. Military officials in Goma vowed to defend the city against an attack by M23 rebels.
Congo Government Says Bosco Ntaganda Rebels Trained in Rwanda

Congo News Agency - June 10, 2012

Lambert MendeThe Congolese government has confirmed reports by the United Nations mission in DR Congo and Human Rights Watch that former rebels led by wanted war crimes suspect Bosco Ntaganda have received reinforcements from Rwanda.
Kabila Names Members of New Government

ACP - April 30, 2012

Matata Ponyo MaponPresident Joseph Kabila named the members of the new government led by Prime Minister Matata Ponyo on Saturday. The new cabinet will have thirty six members, including two deputy prime ministers, twenty five ministers, one minister-delegate and eight deputy ministers.
Kabila Names Finance Minister as New Prime Minister

Congo News Agency - April 19, 2012

Augustin Matata PonyoPresident Joseph Kabila named former finance minister Matata Ponyo as the new prime minister on Wednesday. Known as a technocrat, Mr. Ponyo oversaw a 7 percent economic growth in the Democratic Republic of Congo in 2010 and a $12.3 billion debt cancellation. The World Bank said last week it expects the same growth rate in DR Congo for the next two years.
Kabila's Senior Advisor Katumba Mwanke Dies in Plane Crash

Radio Okapi - February 12, 2012

Katumba MwankeA private jet belonging to former Katanga Province governor Katumba Mwanke crashed at 1pm on Sunday near the airport of Bukavu, South Kivu Province. According to state radio and television broadcaster RTNC, Katumba Mwanke, the pilot, and the copilot were killed.
DR Congo growth above 7 percent in 2010 - IMF

International Monetary Fund - September 3, 2011

IMF - Congo"Macroeconomic performance was strong in 2010. Real gross domestic product (GDP) growth was above 7 percent, inflation fell to below 10 percent for the first time in several years, and the external position improved," says the International Monetary Fund.
DR Congo, South Korea Sign Cooperation Agreements

Le Potentiel - July 8, 2011

President Lee Myung bak and Joseph Kabila during a state diner in KinshasaSouth Korean President Lee Myung-Bak and President Joseph Kabila held a summit in Kinshasa on Thursday to promote practical cooperation in energy, resources development, infrastructure construction projects, and agriculture.
EU, DR Congo Sign Elections Funding Agreement

Radio Okapi - June 25, 2011

Elections officials counting votesThe Congolese Minister of Finance, Matata Ponyo, and the Representative of the European Union in the DRC, Ambassador Richard Zink, signed an agreement on elections funding on Friday in Kinshasa, with the EU saying it will provide 47,5 million euros for the upcoming elections.
Paris Club cancels 7.35 billion of Congo debt

Paris Club - November 17, 2010

Paris ClubAs a contribution to restoring the DRC’s debt sustainability, the Paris Club creditors will provide a cancellation of USD 7.35 billion, fulfilling all their commitments under the enhanced HIPC initiative. Paris Club creditors expressed their concern over the business environment and urged the Government of the DRC to carry out further reforms to improve governance, strengthen the rule of law and fight corruption.



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