Transformation of public enterprises in the DRC: towards transparent and profitable governance

The Democratic Republic of Congo is undertaking a major reform to transform public enterprises into engines of economic development. The General Assembly of State-Owned Enterprises highlights the crucial importance of transparent and effective governance, as well as profitability and diversification of financing sources. The creation of competent and independent boards of directors is a priority to ensure responsible management. The recommendations from this General Assembly mark a significant step towards more dynamic and responsible public enterprises, thus contributing to the country
In the business sector in the Democratic Republic of Congo, a major reform is underway to transform public enterprises into drivers of economic development. The recently concluded Estates General of State Portfolio Enterprises in Kinshasa highlighted the crucial importance of a thorough review of the governance of these enterprises.

Prime Minister Judith Suminwa, representing the Head of State, highlighted this vital need during the closing ceremony. According to her, for these enterprises to become key players in development, they must be equipped with transparent and effective governance mechanisms. The creation of competent and independent boards of directors is therefore a priority to ensure responsible and efficient management of these entities.

Another crucial aspect highlighted is the need to make these enterprises financially autonomous. Profitability was identified as a primary objective, involving the establishment of profitable business models and the diversification of sources of financing, particularly through supervised strategic partnerships. It is imperative that these enterprises are able to generate their own revenues to ensure their long-term viability.

At the same time, thinking about strategic partnerships is of paramount importance to ensure sustainable economic and social benefits. It is essential that natural resources are exploited responsibly and equitably, in order to maximize added value for the State, businesses and local communities.

These recommendations issued during the Estates General mark a significant step forward in transforming companies in the State portfolio into key players in the economic and social development of the Democratic Republic of Congo. By strengthening their transparency, efficiency and impact on local communities, these companies will be able to truly contribute to the growth and progress of the country.

In conclusion, these reforms aim to create an environment conducive to the emergence of dynamic and responsible public companies, capable of meeting the needs of the Congolese population and contributing significantly to national prosperity. This paradigm shift promises to profoundly transform the economic landscape of the DRC and open up new perspectives for sustainable and inclusive development.

Leave a Reply

Your email address will not be published. Required fields are marked *