SIGNED: DRC deputy prime minister in charge of the interior and security, Peter Kazadi, shakes hands with Zambia's minister of home affairs and internal security, Jacob Mwiimbu, after a meeting in Kinshasa. Photo: East African
SIGNED: DRC deputy prime minister in charge of the interior and security, Peter Kazadi, shakes hands with Zambia's minister of home affairs and internal security, Jacob Mwiimbu, after a meeting in Kinshasa. Photo: East African

Zambia, DRC ink border deal

BUSINESS INSIDER
A report by the East African disclosed that the Democratic Republic of Congo (DRC) and Zambia recently agreed to make trade across borders easier by signing a cooperation agreement under regional bloc, the Southern African Development Community (SADC).

Ministers from both countries tabled a rough framework for cooperation and an action plan that has been put together to reach a long-term solution to the difficulties transporters face. This point was emphasised by Peter Kazadi, the DRC's deputy prime minister in charge of the interior and security, who noted that the DRC is continually looking for a lasting solution to the problems linked to the Kasumbalesa border.

"The incessant calls from transporters in the SADC network about the difficulties they encounter daily in carrying out their activities have reached our ears,” the deputy minister said.

“DRC is concerned about this situation, which is hampering the smooth flow of trade between our two countries. We have agreed to work together with Zambia and find a lasting solution to this situation,” he added.

Kazadi said meeting between ministers from both countries was an important step in the realisation of the commitment of the two states, with the support of SADC, to overcome the obstacles hindering trade and cross-border traffic within the region.

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Republikein 2024-06-19

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Katima Mulilo: 11° | 30° Rundu: 10° | 29° Eenhana: 11° | 31° Oshakati: 12° | 30° Ruacana: 12° | 31° Tsumeb: 13° | 28° Otjiwarongo: 9° | 27° Omaruru: 12° | 29° Windhoek: 8° | 24° Gobabis: 10° | 26° Henties Bay: 13° | 20° Wind speed: 20km/h, Wind direction: S, Low tide: 07:36, High tide: 14:05, Low Tide: 19:43, High tide: 02:00 Swakopmund: 14° | 17° Wind speed: 23km/h, Wind direction: S, Low tide: 07:34, High tide: 14:03, Low Tide: 19:41, High tide: 02:00 Walvis Bay: 12° | 21° Wind speed: 26km/h, Wind direction: S, Low tide: 07:34, High tide: 14:02, Low Tide: 19:41, High tide: 02:00 Rehoboth: 7° | 26° Mariental: 9° | 28° Keetmanshoop: 9° | 25° Aranos: 9° | 28° Lüderitz: 13° | 24° Ariamsvlei: 8° | 25° Oranjemund: 12° | 27° Luanda: 21° | 23° Gaborone: 11° | 25° Lubumbashi: 11° | 29° Mbabane: 11° | 20° Maseru: 4° | 17° Antananarivo: 10° | 23° Lilongwe: 16° | 28° Maputo: 17° | 27° Windhoek: 8° | 24° Cape Town: 11° | 18° Durban: 15° | 21° Johannesburg: 10° | 19° Dar es Salaam: 22° | 30° Lusaka: 14° | 28° Harare: 13° | 25° Currency: GBP to NAD 22.85 | EUR to NAD 19.3 | CNY to NAD 2.48 | USD to NAD 17.99 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.3 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 133.9 | USD to AOA 852.48 | USD to BWP 13.49 | USD to EGP 47.66 | USD to KES 127.98 | USD to NGN 1481.64 | USD to ZAR 17.99 | USD to ZMW 25.55 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1780.52 Up +3.84% | Casablanca Stock Exchange (CSE) MASI 13162.23 Down -0.2% | Egyptian Exchange (EGX) 30 Index 26417.6 Up +1.09% | Botswana Stock Exchange (BSE) DCI 9238.57 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - 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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 328.28/OZ DOWN -0.0001 | Copper US$ 4.49/lb UP +0.54% | Zinc US$ 2 872.60/T UP 0.56% | Brent Crude Oil US$ 85.34/BBP DOWN -0.0015 | Platinum US$ 979.84/OZ UP +0.67%