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26 Jun 2015

Publish What you Pay

Zambia: NGO declaration calls for increased transparency, accountability and action on tax avoidance in mining

'The 4th Zambian Alternative Mining Indaba Declaration', 26 Jun 2015:…[T]he Zambia Alternative Mining Indaba (ZAMI)…2015 [held] under the theme, “Our Natural Resources, Our Future, Putting Local Communities First,”…note[s] with concern that Zambia is estimated to have lost US$ 8.8 billion in tax revenue between 2002 and 2012 due to illicit financial flows...prejudicing Zambia of the resources for socioeconomic development…We call upon the Zambian government to…monitor and put in place measures to stop illicit financial flows…We call upon the government to review and terminate tax incentives…to mining companies...The Indaba notes with concern continued human rights violations in natural resource rich communities through displacements, poor compensation, land alienation and lack of consultation. We demand that…government and private investors obtain and respect the Free, Prior and Informed Consent of local people...We are concerned that some mining companies do not comply with the environmental laws and regulations…We also note the need for improved transparency and accountability through the enactment of the EITI bill…