WORLD BANK SET TO FINANCE RESTRUCTURING OF DRC’S INCUMBENT OCPT

Telecoms

DRC’s Minister of Post, Telephones and Telecomms had a three-way meeting last Thursday between the Government, the World Bank and state telco incumbent, OCPT. On the agenda for this meeting was financial assistance to help restructure OCPT, which is probably one of the most shell-shocked of the incumbents on the continent.

"The restructuring will have several steps: immediately, the employment of people with sufficient experience to run the company and the voluntary redundancy of other employees, the payment of salary arrears and funds for other forms of assistance," indicated Minister Gertrude Kitembo.

Le Phare