Monday, November 22, 2010

Diamonds and disappearing tax revenues

More from Khadija Sharife, this time on diamond mining, on Tanzania, South Africa, the Democratic Republic of Congo, Sierra Leone and Zimbabwe - via Jersey, Bermuda, the Cayman Islands and the Seychelles. The end result of going offshore: higher revenues for wealthy investors, and lower taxes for the governments of desperately poor African countries.

Read her excellent article in The Africa Report, here.


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