Increasing transparency as well as business and civic engagement in government contracting are powerful ways to craft better agreements, improve public services, deter fraud and corruption, build trust and promote a more competitive business environment. A new report from NRGI and the Open Contracting Partnership details how to do it.
La précarité de la situation politique et sécuritaire de la République Démocratique du Congo (RDC) continue à faire l’actualité. Mais malgré l’instabilité de ce pays, d’importants progrès ont été enregistrés, du côté du Gouvernement comme de la société civile, sur la voie de la publication des contrats relatifs à l’extraction des ressources naturelles de la RDC.
The precarious political and security situations in the Democratic Republic of Congo continue to make global headlines. But despite the upheaval, government actors and civil society advocates have made strides in the important initiative to make public many of the contracts that govern extraction of the country’s bountiful natural resources.
There is growing momentum to define the core objectives and principles of local level agreements in Mongolia. But the national government itself must do a better job of facilitating a national dialogue.
In a report, Rio Tinto was accused of “illegitimately lowering” its withholding taxes paid to the government of Mongolia in relation to the Oyu Tolgoi copper mine. Rio allegedly did this by using a double tax agreement between Mongolia and the Netherlands, in addition to which it negotiated an even lower rate of withholding tax in its amended mining agreement in 2011. This piece reviews Rio’s tax arrangements.
As NRGI gathers data in the effort to improve international benchmarks of national oil company performance and revenue management, figures from Extractive Industries Transparency Initiative reports are proving extremely valuable. This is especially the case in a number of African countries where state companies do not produce detailed financial reports on their own.
Last week the mining industry held the African Mining Indaba, its annual sector meeting in Cape Town. Concurrently, civil society organizations from across the region met for the ninth annual Alternative Mining Indaba (AMI).