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Ouattara kept for years pocketing a double salary as a prime minister and central bank governor. He stopped this practice only when this was discovered and exposed by then opposition leader, Gbagbo, whom he jailed.

The third stakeholder is France, which granted independence to its former African colonies on condition that French troops remained stationed on their territories and they maintain the colonial CFA franc as their common currency

At a fixed-rate of 665.957 to each Euro, the exchange rate of the CFA franc is grossly overvalued. This is tantamount to an economic suicide when one considers that countries around the world battle to keep their exchanges rates low in order to make their exports competitive. But this suits French businesses, which can transfer all their earnings to France at this very advantageous exchange rate.

Another advantage of the system for France is that the enormous wealth that the African leaders accumulate in exchange of their adherence to such a system is recycled uniquely through the French banking system and duly recorde

The fourth stakeholder is the Ivorians themselves, a population under siege, governed by two declared winners of the same election, divided along ethnic and economic lines and fed with the venom of hatred, ready to massacre each other as they did in the deadly civil war they went through between 2002 and 2003.

The fifth stakeholders are two regional organisations: The African regional organisations: the African Union and the Economic Community of West African states (ECOWAS). They endorsed the international community’s stand in favour of Ouattara. France and the US were instrumental in shaping world opinion. France easily secured the EU members support. Jendayi Frazer, an African American, a former US Assistant Secretary of State for African Affairs in the Bush Administration and present US Ambassador to South Africa was instrumental in shaping the Obama’s administration stand.

beyond all the rhetoric, the banning and condemnation, what are at stake in Côte d’Ivoire are the consequences of French on-going colonisation and ruthless exploitation in connivance with unscrupulous local leaders of swathes of west and central Africa. France has been able to phantom the politics and the economics of its former colonies so far. But, in a changing world and an increasing shifting of the world balance of power, its dominance will be more and more questioned.

In two press releases published on Tuesday 8 February, 2011, the unofficial opposition Gabonese government accused the United States' ambassador in Gabon of keeping a guilty silence on violations by Ali Bongo and his regime against civil liberties.

Stated former finance minister Edith Nawakwi: ‘We were told by advisers, who included the International Monetary Fund and the World Bank that … for the next 20 years, Zambian copper would not make a profit. [Conversely, if we privatised] we would be able to access debt relief, and this was a huge carrot in front of us – like waving medicine in front of a dying woman. We had no option [but to go ahead].’

In 2004, UK-based corporation Vedanta Resources acquired 51 per cent of shares in KCM, known as the largest copper mine in the world, for $48 million cash. In the three-month period that followed, the company registered profits of $26 million from KCM.

The World Bank's IFC (International Finance Corporation) reported that, thanks to corporate incentives, effective tax rate for mining companies was 'effectively zero'.

Despite being the world's copper powerhouse, Zambia is now one of the world's 25 poorest nations. Though copper provides about 80 per cent of foreign exchange earnings, mining employs just 10 per cent of salaried workers, contributes just 2.2 per cent of revenue to the government's tax agency (ZRA – Zambia Revenue Authority) and 9.7 per cent to GDP (gross domestic product). The drastic increase in price was primarily due to China's increased copper needs, rising to US$10,000 per tonne. The bulk of copper in Zambia is exported to Switzerland – on paper, that is.

Glencore International AG, based in Baar, Switzerland (the world's leading secrecy jurisdiction), controls over 50 per cent of the world's global copper market.

Comparative analysis reveals that Mopani’s costs are much higher than those of comparable mining companies operating in Zambia.

Extensive revenue analysis revealed cobalt extraction rates twice inferior to other producers of the same area - a difference deemed unlikely by the auditors and which indicates that some of the ore extracted by Mopani could remain undeclared.

Transfer pricing manipulation and breach of the Arm’s Length principle: The company’s production is sold, both locally and internationally, via its main buyer Glencore International AG, who also happens to be Mopani’s parent company. After careful revenue analysis, it appears that the sales from Mopani to Glencore fail to comply with the OECD “Arm’s Length” principle: minerals are sold to Glencore under conditions that would not apply to a third-party buyer… According to the audit, Mopani seems to prefer selling its production to Glencore whenever prices are at their lowest, something a buyer, not a seller, would be likely to do.'

This is, of course, a common script for Africa: the bulk of the illicit flight (estimated by Global Financial Integrity at 60 per cent) is often siphoned not by rogue regimes but instead by corporations through 'underpricing, overpricing, misinvoicing and making completely fake transactions, often between subsidiaries of the same multinational company, bank transfers to offshore accounts from high street banks offering offshore accounts, and companies formed offshore to keep property out of the sight of the tax collectors. According to a survey assessing the economic practices of 476 multinational corporations, 80 per cent acknowledge that transfer pricing remains central to their tax strategy.

And though prices increased, Zambia’s revenue actually decreased, by 50 per cent from 1.4 per cent (2003) to 0.7 per cent (2004). The government introduced a 25 per cent windfall tax, raised mineral royalties to 3 per cent and corporate tax to 30 per cent. But soon after, mining houses engaged in intensive lobbying. Current Zambian President Rupiah Banda claims that the windfall tax will not be implemented again. In fact, soon after introduction, it was scrapped.

e Villiers said the body appointed to look at the problem favours neutralisation as the best solution to the problem of AMD. ‘Certainly, it will be an economically viable solution, if logistics such as the reservoirs needed for the neutralization to be carried out in (continuously over a very long period of time) can be sorted out, which seems unlikely at the moment. ‘The proposals by corporations to step in with their proposed solutions have apparently been shot down, because they wanted to sell the cleaned water back to Rand Water, making a profit in the process. ‘I’m not sure why mining houses are allowed to pollute while making a profit, and corporations who want to clean up are apparently expected to do so without the benefit of making a profit,’ she said.

In an interview with The Africa Report, Turton said that not only will mines evade the legal minimum requirement of the ‘polluter pays principle’ but also profit from it. ‘What’s more, that profit is all but guaranteed, because it will be underwritten by the state in the form of a mooted Public Private Partnership (PPP),’ he said. The deal allows for mining houses to access a R3.5-billion deal with no tendering process, as well as select ‘treatment’ that was described by Turton as the ‘least cost option’ via a process shrouded in secrecy, enabling the WUC to act as both consultant and reviewer.

Transparency International, had set out in detail the leaders’ extensive luxury real-estate holdings in Paris. Last month, an appeals court in Paris agreed with the prosecutors.

“People don’t like France because France isn’t helping Africans freely choose their leaders,” said Achille Mbembe, a political scientist and historian at the University of Witwatersrand in South Africa. “

The ANC and SACP leaders seem believe that Numsa could genuinely disagree with ANC policies and is entitled to go its own way, that the platinum mineworkers are genuinely fed up with their living conditions and that a rebellion was bound to happen, and that the EFF’s strong showing in the election was due to genuine disappointment with the ANC. It would appear that if you find a way to knit up your critics into a neat conspiracy, it then happily excuses you from self-analysis of your role in creating a multiple backlash.

The one thing that the EFF, AMCU and Numsa have in common is that they know how to yank the ANC’s chains. The ANC almost always falls into the trap because instead of acting like the party in power, its default position is to behave as if it under attack and a victim of a conspiracy.