SNCC, formerly known as SNCZ (Zaire National Railway Company) has undergone several reforms of which the most notable are:
On 2 December 1974, creation of the SNCZ by ordinance law no 074-027 following the merger of former transport networks including:
On 3 April 1991, by decree law no 91-036 amending SNCZ statutes, the company is divided into four parts:
On 7 November 1995, by decree Law no 0050, SNCZ is recreated with the merger of SNCZ, OCS and SFE holding.
In 1995, a framework agreement was signed transferring the operation of railways to a private company called Sizarail, which was dissolved in 1997.
On 25 February 1997, by decision no 001/97, SNCZ becomes SNCC.
On 27 December 2011, transformation of SNCC from a public company to a corporation under the LLC regime, i.e. a corporation with limited liability.
History and description of the company
Congo National Railway Company, formerly a public company with a commercial and industrial nature, was transformed into a corporation (limited liability company) with the publication of its new statutes in the Official Gazette of the Democratic Republic of Congo on 29 December 2010.
Under the laws of the divestiture of the state from public companies, the management of SNCC is entrusted to a private operator, which operates on behalf of the shareholder state, the interconnected rail network, inland waterways and lake, and medical and education facilities. The new management of the company has actually been in charge of the company since its inception in September 2011.
When being part of a generation on which the flag of entrepreneurship seems to be constantly waving in the sea of young professionals looking to succeed in the business world, more often than not, we tend to drown in the... Read More