Last week Jonathan Fisher QC and Anita Clifford participated in the 5th Regional Dialogue of NEPAD in Lusaka, Zambia. The dialogue engaged a range of stakeholders to consider contract negotiations and fiscal policies in the extractive industries, with Jonathan and Anita discussing practical mechanisms to overcome endemic tax evasion and corruption in the extractive value chain. They applied their expertise in these financial crime issues to lead discussions with actors in the Zambian industry who are looking to channel profit from natural resources extraction into sustainable local and national development.
Lost tax revenues and illicit financial flows from the mining industry are among the primary reasons the African continent is not benefitting to the extent it should from its mineral wealth. The dialogue aims to redress this by equipping individuals and governments with the tools needed to ensure fair contract negotiation and best practice.
For more information see an article written here by Jonathan and Anita following their Nairobi dialogue.