“Visit of the Minister of State to North Kivu: The impact of exemptions on local businesses revealed”

Title: Visit of the Minister of State to North Kivu: highlighting companies benefiting from exemptions

Introduction :

North Kivu, located in the Democratic Republic of Congo, recently welcomed the visit of the Minister of State for Planning, Judith Suminwa Tuluka. The objective of his visit was to meet local companies benefiting from exemptions granted by the State, under the supervision of the National Agency for the Promotion of Industry (ANAPI). During this visit, the Minister expressed her satisfaction with the achievements of national economic operators in the region.

Discovery of beneficiary companies:

During her visit, Judith Suminwa had the opportunity to visit three companies which benefited from state exemptions.

The first company visited was the “Nuru” photovoltaic power plant, located in the heart of the city of Goma. This impressive company provides electrical energy to more than 3,500 customers in the region. The Director General of Nuru, Archip Lobo, expressed his gratitude to the Congolese government and ANAPI for the benefits granted, such as exemption from import VAT and property taxes. These benefits allowed the company to reduce project costs and provide access to affordable electricity.

The Minister of State then went to Okapi, a corn flour manufacturing factory based in Goma. The company’s Managing Director, Bernard Bahati, highlighted the benefits of the exemptions granted by the Congolese government, allowing the company to import machines without constraints and operate for five years without paying taxes. This situation will promote the rapid growth of the company.

The visit concluded with the discovery of Mount Gibeon, another large corn flour manufacturing factory. Mount Gibeon leaders welcomed the government’s desire to support local entrepreneurship through exemptions. They underlined the importance of these incentive measures to develop the economy and create jobs in the Democratic Republic of Congo.

A common desire for development:

Beyond the satisfaction expressed regarding the achievements of the beneficiary companies, the Minister of State wanted to highlight the bravery of the Kivu people. Despite the constraints linked to insecurity and natural disasters, local entrepreneurs in North Kivu demonstrate a clear desire to contribute to the development of the country. Judith Suminwa recalled that the government had put in place incentive measures within the framework of the business climate to promote investment and encourage entrepreneurship.

Conclusion :

The visit of the Minister of State for Planning to North Kivu highlighted local businesses that benefit from exemptions granted by the Congolese state. Thanks to these tax advantages, these companies have been able to develop their activities and contribute to the region’s economy. This visit demonstrates the government’s desire to create millions of Congolese millionaires and support local entrepreneurship to promote the country’s economic development.

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