This report explores common resource governance successes and challenges in sub-Saharan Africa. The authors conclude that policymakers, parliamentarians, civil society, media and regional institutions must focus on narrowing the implementation gap between extractive sector laws and actual practice, which will help to restore trust between government, communities and investors and thus strengthen sustainable management of natural resources.
Les enquêtes les plus récentes montrent que le renforcement de la transparence et de l’implication du public en matière de passation de marchés constitue un moyen efficace de négocier des termes plus avantageux pour le public, d’améliorer les services publics, de décourager la fraude et la corruption, d’établir la confiance et de promouvoir un environnement commercial plus concurrentiel.
Deals in the oil, gas and mining sectors may be worth billions of dollars over decades. Yet there is surprisingly little systematic guidance for ensuring transparency in allocating and managing the rights to explore for and exploit natural resources.
Zambia must preserve government revenues from the mining sector to fund the budget. At the same time, it must avoid further mine closures and a drop in investment required to drive growth in the sector.
In the 2000s, copper exports expanded in quantity and value, but income tax collected by Zambia’s revenue authority remained low. The revenue authority identified the discounted sale of minerals to affiliated companies abroad as a key factor behind this revenue loss. In 2008, the Ministry of Finance introduced a rule requiring mining companies to use publicly quoted benchmark prices as the basis for determining the transfer price of related party mineral sales. This case study analyzes how this rule was implemented in Zambia.
Four years after the Extractive Industries Transparency Initiative (EITI) began encouraging contract disclosure through its standard, this report assesses the extent to which governments of resource-rich countries have taken up the recommendation.
The transfer price is the price of a transaction between two entities that are part of the same group of companies. For example, a South Africa-based company might sell mining equipment and machinery to its Ghana-based subsidiary. The price agreed is the “transfer price.”
Le présent rapport évalue le développement et la mise en œuvre des règles de contrôle des prix de transfert dans le secteur minier dans différents pays et contextes. Comme l’illustrent les études de cas complétant ce volume, le Ghana, la Guinée, la Sierra Leone, la Tanzanie et la Zambie font face à plusieurs difficultés majeures dans l’application des règles sur les prix de transfert.