- Candriam 2025 Outlook: Is China Really Better Prepared for Trump 2.0?
- Bank of England pauses rates – and the market expects it to last
- Emerging Market Debt outlook 2025: Alaa Bushehri, BNP Paribas Asset Management
- BOUTIQUE MANAGERS WORLDWIDE SEE PROLIFERATION OF RISKS, OPPORTUNITIES IN 2025
- Market report: Storm of disappointing developments keep investors cautious
Congo Elections Won’t Be Held Before April 2019, Commission Says
KINSHASA (Capital Markets in Africa) – Elections in the Democratic Republic of Congo that were due last year won’t be held before April 2019, the electoral commission said, a delay that undermines a pact President Joseph Kabila’s supporters made with his political opponents for him to step down this year.
The commission said in a statement that it will need 504 days to organize the polls once it completes the enrolment of voters. The body says it has finished the registrations in all of Congo except the conflict-ravaged Kasai region, where it began in early September and said it will take three months.
The commission also said it will need almost 17 months to allow for the passing of a new law drawing elected representatives’ constituencies, obtaining voting materials and recruiting personnel.
Kabila, who’s led Congo since 2001, was meant to step down at the end of his second term in December 2016 following an election to find his successor. That vote was delayed, sparking protests in which dozens of people have been killed by security forces. The delay of any polls until 2019 undermines an agreement his political coalition struck Dec. 31 with opposition parties. Under its terms, Kabila’s opponents accepted he could remain in office if elections for the presidency, as well as parliamentary and provincial positions, were held this year.
Congo, Africa’s biggest copper producer, has never had a peaceful transfer of power. The Rassemblement, the largest opposition coalition, accuses Kabila of being the main obstacle to the timely holding of elections and wishing to stay in power beyond the two terms stipulated by the constitution. Last month, two of its most prominent members, Moise Katumbi and Felix Tshisekedi, called for “a transition without Kabila” if elections aren’t held in 2017.
Source: Bloomberg Business News