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Stealing Africa| 58mins
Director: Christoffer Guldbrandsen | Producer: Henrik Veileborg
Focus Years: 2012 | Country: South Africa
Subject Tags: africa, economies, energy, ethics, europe, globalization, resources, switzerland, zambia
Quality Tags: Optimistic, Slow, Activating, Harmonizing
Synopsis:
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.
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