Tuesday, October 23, 2012

WHY POVERTY? STEALING AFRICA

STEALING AFRICA: How much profit is fair?

RĂĽschlikon 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.


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