Financial Transparency Coalition

A complaint over tax payments by a Glencore subsidiary could prompt the Zambian government to undertake an audit of all mining companies to assess how much tax they owe The contrast between the poverty of most people in Zambia and the natural riches of our country was highlighted this week in an incident that is highly embarrassing for one of the companies profiting from our mineral wealth. The company - Swiss commodities giant Glencore - has just announced its intention to launch itself on to the London Stock Exchange. So it will have been less than happy...