Stealing Africa - Why Poverty?

submitted by aitbroadcast on 08/05/14 1

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 Why Poverty? www.whypoverty.net/en/video/34/ Video URL: youtu.be/WNYemuiAOfU

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