This becomes the second country to enter the mineral rich-nation Kampala, Uganda | THE INDEPENDENT | Regional lender, KCB Group PLC has received a no objection to acquire Trust Merchant Bank SA (TMB) in the Democratic Republic of Congo. KCB Group obtained the regulatory green light in Kenya, the Democratic Republic …
Read More »Kenya’s bank completes acquisition of DRC-based lender
Nairobi, Kenya | Xinhua | Kenya-based regional bank, KCB Group, said on Thursday that it has completed the acquisition of the Democratic Republic of the Congo (DRC)-based Trust Merchant Bank (TMB) after receiving all the regulatory approvals. KCB Group CEO Paul Russo said in a statement issued in the Kenyan capital …
Read More »Ruto, Museveni and Kagame discuss DRC in Washington
Washington, USA | THE INDEPENDENT & XINHUA | East African leaders have continued the discussion on the situation in the Democratic Republic of the Congo in Washington, where they are all assembled for the USA-Africa Leaders Summit. While the announcement of the 2023 electoral calendar could make a significant contribution to …
Read More »M23 kills 131 civilians in eastern DRC: UN
United Nations | Xinhua | In the eastern Democratic Republic of the Congo (DRC) last week, M23 rebels killed at least 131 civilians, including 17 women and 12 children, a UN spokesman said on Thursday. “An additional 8 people were shot and wounded, 60 people were abducted and at least 22 …
Read More »Human rights inquiry opens into alleged M23 violence against civilians in DRC fighting: UN
United Nations | Xinhua | The UN mission in the Democratic Republic of the Congo (DRC) has launched a human rights inquiry into alleged M23 violence against civilians, a UN spokeswoman said on Tuesday. The mission, known as MONUSCO, was joined by the UN Joint Human Rights Office to look into …
Read More »DRC, rebel groups agree to release prisoners after peace talks in Kenya
Nairobi, Kenya | Xinhua | A new round of peace talks between the Democratic Republic of Congo (DRC) government and representatives of major rebel groups ended in the Kenyan capital city Nairobi on Tuesday with participants agreeing on a raft of issues including the unconditional release of prisoners. The third Inter-Congolese …
Read More »M23 still holds position in NE DR Congo despite ultimatum for their withdrawal
Goma, DRC | Xinhua | Rebels of the March 23 Movement (M23) rebels are still not withdrawing from occupied areas in northeastern Democratic Republic of the Congo (DRC), despite the ultimatum by Kinshasa demanding their withdrawal, observed Xinhua correspondent on the spot. With fighting still escalating between the rebels and the …
Read More »Museveni blames insecurity in Eastern DRC on illegal guns
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has blamed the insecurity in the Eastern Democratic Republic of Congo (DRC), on the prevalence of illegal firearms that have been circulating in the country since independence. He made these remarks on Monday while addressing the East African Community (EAC) leaders virtually …
Read More »UN Security Council requests withdrawal of M23 rebels in DR Congo
United Nations | Xinhua | The UN Security Council on Tuesday demanded immediate cessation of hostilities and of any further advances by the March 23 Movement (M23) rebel group and its withdrawal from all occupied areas in the Democratic Republic of the Congo (DRC). In a press statement, the 15-member council …
Read More »MALABA: DRC bound fuel truck ambushed, driven to Mbale
Tororo, Uganda | THE INDEPENDENT | Using the modern Regional Electronic Cargo Tracking System (RECTS), the Uganda Revenue Authority’s security team on Friday rescued a fuel truck that had been hijacked by robbers. According to a statement from URA, their Mbale enforcement team foiled the robbery of the fuel truck that …
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