Stealing Africa – Why Poverty?


THE WHY

Published on Jan 5, 2013

How much profit is fair? To find out more and get teaching resources, go to www.whypoverty.net

Rüschlikon is a village in Switzerland with a very low tax rate and very wealthy residents. But it receives more tax revenue than it can use. This is largely thanks to one resident – Ivan Glasenberg, CEO of Glencore, whose copper mines in Zambia are not generating a large bounty tax revenue for the Zambians. Zambia has the 3rd largest copper reserves in the world, but 60% of the population live on less than $1 a day and 80% are unemployed. Based on original research into public documents, the film describes the tax system employed by multinational companies in Africa.

Director Christoffer Guldbrandsen
Producer Henrik Veileborg
Produced by Guld­brandsen Film

Video URL: http://youtu.be/WNYemuiAOfU

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