Why Isn't Congo as Rich as Saudi Arabia? Massive Tax Evasion

Vocativ

Fungamwaka - a mine in the east of Congo. These men work so that we can make telephone calls. They are mining coltan, which is indispensable for the production of mobile phones. The Democratic Republic of Congo is the world’s second-largest supplier of this rare mineral. Fungamwaka is a model mine. There is no child labour, state controls are carried out, taxes are paid. Those in charge of the mine operate legally. And above all there are no militia groups who finance themselves by smuggling resources. The long civil war is the biggest problem in east Congo - funded by the resource wealth in the ground. Ninety percent of the mines are managed by small-scale miners in remote border areas - an El Dorado for rebel groups who demand a share of the yield and sell it the global market via neighbouring countries like Rwanda. The ore is separated from the sand with a shovel, just like in the old gold-digging days. The price of tin has dropped to 5 euros a kilo in the provincial capital; at least coltan still fetches 20 euros. That is why organisations like Misereor have been demanding for a long time that organisations should be legally obliged to ensure that human rights standards are maintained throughout their supply chain from raw materials to finished product- and to cover the costs of this. In Fungamwaka it’s only the miners who pay for the controls- they earn less. misereor. org twitter.

Support CaspianReport on Patreon: Bitcoin: 1MwRNXWWqzbmsHova7FMW11zPftVZVUfbU Ether: 0xfE4c310ccb6f52f9D220F25Ce76Dec0493dF9aA0 Bitcoin Cash: 1BKLti4Wq4EK9fsBnYWC91caK7NZfUhNw9 BAKU - After being elected into another term in June 2018, President Erdogan of Turkey is getting ready to construct an ambitious new waterway on the European side of Istanbul. The canal will be the third megaproject in the city after a new continent-crossing bridge was completed in 2016 and the world’s largest airport will be finished by the end of the year. Yet, the government’s vision for a new canal also carries extensive geo-economic consequences for the Black Sea domain. Soundtrack: Crypto by Kevin MacLeod (incompetech) Licensed under Creative Commons: By Attribution 3. 0 Follow CaspianReport on social media. Facebook: Twitter.

2014.07.25T23:45:31
96
166 958 Imetazamwa mara