DRC: Rent cap at 5% justified by accounting depreciation (Venance Mboyo)

Venance Mboyo, a chartered accountant, justifies the 5% rent cap in the Democratic Republic of Congo through the accounting depreciation of real estate. According to him, the measure aims to protect tenants while ensuring reasonable profitability for landlords. He explains that the depreciation calculation allows setting a fair maximum rent. This decision comes amid rising rents in Kinshasa and other major cities in the country.