Home > Movies > Documentary > Stealing Africa (2012)

Stealing Africa (2012)

Name: Stealing Africa
Director: Christoffer Guldbrandsen
Genre: Documentary
Released: 2012-11-28
Duration: 52 min
Rating: 8.9
Cast: Christoffer Guldbrandsen, Bernhard Elsener, Ivan Glasenberg, Marc Rich, Eva Joly

IMDb 8.90h 52mDocumentary

Find Where to Stream

Plot Summary

Zambia's copper resources have not made the country rich. Virtually all Zambia's copper mines are owned by corporations. In the last ten years, they've extracted copper worth $29 billion but Zambia is still ranked one of the twenty poorest countries in the world. So why hasn't copper wealth reduced poverty in Zambia? Once again it comes down to the issue of tax, or in Zambia's case, tax avoidance and the use of tax havens. Tax avoidance by corporations costs poor countries and estimated $160 billion a year, almost double what they receive in international aid. That's enough to save the lives of 350,000 children aged five or under every year. For every $1 given in aid to a poor country, $10 drains out. Vital money that could help a poor country pay for healthcare, schools, pensions and infrastructure. Money that would make them less reliant on aid.