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DVD / video DVD / video Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Stealing Africa
Editor:Guldbrandsen, Christoffer
Year:2012
Language:English
Series:Holland doc; 27-11-2012
City:Hilversum
Publisher:IKON
Geographic term:Zambia
Subjects:copper mining
multinational enterprises
tax evasion
documentary films (form)
videos (form)
Link:http://youtu.be/WNYemuiAOfU
Abstract:Ruschlikon is a village in Switzerland with a very low tax rate and very wealthy residents. There is so much money in the public coffers that the mayor can't spend it all, largely thanks to the contribution from one resident - Ivan Glasenberg, CEO of commodities giant Glencore. However, Glencore's copper mines in Zambia don't generate similar tax windfalls for Zambians. The country has the third largest copper reserves in the world, but virtually all Zambia's copper mines are owned by corporations. In the last ten years, they have extracted copper worth $29 billion but Zambia is still ranked one of the twenty poorest countries in the world. 60 per cent of the population live on less than $1 a day and 80 per cent are unemployed. Christoffer Guldbrandsen investigates the dark heart of the tax system employed by multinationals and asks how much profit is fair. Tax avoidance by corporations costs poor countries and estimated $160 billion a year, almost double what they receive in international aid. [Abstract reproduced from dvd-video]
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