Kabila really is doing his best to kill investment in the DRC, forget the election woes and whatever will come of that.
This new 'super profits' tax is a huge weight to any new projects - 50% tax on " income realized when commodity prices rise 25% above levels included in a project's bankable-feasibility study."
Not to mention the new discretionary power of allowing the "the DRC to raise the royalty on cobalt to 10% from 2% if the government categorizes the mineral as a "strategic substance."
