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Mozambique Under Threat From Resource Exploitation

Business  (tags: economy, ethics, dishonesty, resource exploitation, world, politics, government, environment, business, corporate, society, news )

- 1665 days ago -
As investors flock to the resource-rich but still poverty-stricken African nation of Mozambique, Thembi Mutch warns that - as usual - it won't be the Mozambiquans who reap the multi billion dollar rewards of an economic boom in what remains the world's s

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pam w (139)
Saturday September 28, 2013, 10:56 am
Oh, dear! This NEVER bodes well.

Winn Adams (179)
Saturday September 28, 2013, 12:13 pm
greed - lets see how this spirles out of control

Kerrie G (116)
Saturday September 28, 2013, 12:57 pm
Noted, thanks.

Birgit W (160)
Saturday September 28, 2013, 3:07 pm
Noted, thank you.

Colleen L (3)
Saturday September 28, 2013, 4:19 pm
So sad, But as usual when money plays a main factor, everybody else suffers. Thanks Cal

Ravenna C (20)
Saturday September 28, 2013, 7:20 pm
Greed will be the end of us all.

"Skyscrapers and snazzy restaurants are shooting up apace but there are deposits of human faeces just yards away from one of the smartest five star hotels in Africa. Dom Perignon champagne at $320 a bottle. One hundred yards away people are living on refuse scraps."

This is not just the story in Mozambique but all over the world. A very few are getting richer. There is no such thing as middle class anymore. There are the 1% and the rest of us that have jobs are wage slaves. Those without jobs are dependent upon the taxes paid by the wage slaves. As we all know the exceptionally rich have millions of loopholes to get out of paying their fair share.

How did we let this happen?


Past Member (0)
Sunday September 29, 2013, 4:18 am
Perhaps it's so poor because they would not allow for people to use the natural resources, I believe that the mining sector still contributes to just under 2% of the country’s GDP. One thing for certain, not using has certainly not made it a better place to be.

Carmen S (611)
Sunday September 29, 2013, 4:40 am
So sad, thanks for sharing this, Cal.

Past Member (0)
Sunday September 29, 2013, 9:00 am
Noted. Petitions needed here. why must these super wealthy people keep destroying the planet, can't they jsut go away and enjoy their money and leave the Earth alone.

Sheila D (194)
Sunday September 29, 2013, 11:16 pm
Multi-billion dollar boom...not for the ordinary people. You can only build so much before the area will be over built, then the 1% move on to the next place, leaving this to fall empty and into ruins...the people worse off than they were before.

Susanne R (234)
Sunday September 29, 2013, 11:53 pm
From the article:

"Earlier this year the construction company Somague, signed the contracts that awarded it two construction projects in Mozambique for Brazilian mining group Vale to the value of US$228 million, both projects are to provide rail links to remove coal and other minerals from the Tete province. This project too lacked any ‘social responsibility' or environmental angle, no schools, hospitals or community provisions for the villagers and people that live there already. Compensation has not been offered either."

BINGO! There's nothing in it for the poor! Whenever they discover a meaty carcass to pick, the corporate vultures are circling and waiting to strike. And, unfortunately, they have no shame.

Frances D (143)
Monday September 30, 2013, 2:52 am
more greed..

Karen Chestney (112)
Saturday October 5, 2013, 4:21 am
Thank-you. The rich will get richer---the poor will stay poor and the land will be raped---unless the Gov. can DO something.
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