"Africa is, indeed, coming into fashion." - Horace Walpole (1774)

5.05.2011

losing their livings

Reuters' Jonny Hogg on the impact of the Dodd-Frank legislation:
"It will be more difficult to implement in areas where the security situation badly needs traceability, especially the Kivus," [Carter Center mining governance analyst Elisabeth] Caesens said.

...President Joseph Kabila's decision to ban mining for six months in the region was meant to tackle the problem but analysts say Congo's army has simply replaced the rebels.

Even if the nascent traceability programme can be rolled out, it doesn't go far enough in tackling the problems of Congo's dysfunctional artisanal mining sector, Caesens added.

"Just putting a tag on a bag doesn't solve all the other problems, such as living conditions or who gets access to the minerals and what political and power networks are at play."

PACT's Hayes says due to logistical and financial problems it remains unclear when the programme will be rolled out in the east and in the meantime some could attempt to channel 'conflict minerals' through Katanga's certified mines.

Some $10 million more in funding was needed, she said.

In the meantime, the de facto embargo had removed the only source of income for many people in the east already living with the conflict, Hayes said.

"Before they were scrapping a living through mining, now they can't even do that."

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