KINSHASA (Reuters) - Democratic Republic of Congo, facing a fall in demand for its exports, has raised key interest rates for a second time in three weeks and intervened in the market to support its ...

KINSHASA (Reuters) - Cash-strapped Democratic Republic of Congo has frozen all "non-priority" spending as part of efforts to save its sliding currency and boost purchasing power, a Central Bank ...

KINSHASA – Mining companies in the Democratic Republic of Congo asked the government to adjust pending value-added tax repayments for a slump in the franc that could cost them as much as $210-million ...

The Democratic Republic of Congo’s new central bank governor has set out to rebuild confidence in the Congolese franc and curb the nation’s heavy dependence on the US dollar. ・The new governor of ...

In an effort to stem the decline of the currency, the Banque Centrale du Congo has ordered mining companies to pay their taxes in Congolese francs (CDF). The announcement followed a meeting on 17 July ...