Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

Economic Regulation: DRC Restructures its Competition Commission

Economic Regulation: DRC Restructures its Competition Commission

  • Council of Ministers approves decree to restructure DR Congo’s Competition Commission.

  • The decree drastically redefines the status, organization, and missions of the Congolese competition watchdog.

 Last week, the Congolese Council of Ministers approved a restructuring decree of the Democratic Republic of Congo’s Competition Commission, the COMCO. The document was greenlit on July 4, on the sidelines of the Commission’s 50th ordinary meeting.

The decree was presented by the Minister of National Economy, Daniel Mukoko Samba. Its restructuring provides legal jurisdiction and financial and administrative autonomy to the COMCO, thus bolstering the entity’s core role in the economic regulatory system.

Positioned under the Ministry of National Economy, the COMCO is an independent public authority, primarily tasked with ensuring compliance with competition rules, price transparency, and consumer protection.

Following its restructuring, the COMCO now has five major sub-bodies: a National Coordination, a Technical Council, a College of Analysts, a Corps of Investigators, and auxiliary staff.

The restructuring, authorities expect, will boost the regulator’s responsiveness and expertise, especially in dealing with sensitive issues linked to strategic sectors such as energy, telecommunications, and imported food products.

The decree also outlines the funding sources for the COMCO, including government allocations. The institution can also benefit from external technical and financial aid, as well as revenue generated from its own activities, such as consulting fees or fines imposed on violators.

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
kibali-gold-mine-production-falls-short-in-first-half-of-2025
Kibali produced 306,667 ounces in H1 2025, below the half-year target of 344,000–377,500 ounces. Production is down 13% year-on-year due to lower...
katanda-cement-plant-set-to-start-production-in-february-2026
The Katanda plant in Kasaï Oriental will have an annual capacity of 1.2 million tonnes, with the first phase producing 300,000 tonnes. Cement...
drc-may-partner-with-ghanaian-margins-group-for-national-id-project
CPVS says contract with new firm will “start from scratch” after Afritech exit Ghana’s Margins Group seen as frontrunner; built Ghana Card...
drc-and-rwanda-move-toward-formalizing-mineral-trade-under-new-regional-framework
• The DRC and Rwanda initialed a new regional economic integration framework on August 1, as part of the June 27 peace agreement. • The framework aims to...

African Economies

MOST READ

Please publish modules in offcanvas position.