WHY POVERTY? STEALING AFRICA
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
The Why Poverty? series will be broadcast in many countries starting November 2012. Watch out for it.