UNCTAD and ZRA mineral tracking tool now available for other countries
A mineral tracking system employing a data evaluation tool designed by the United Nations Conference on Trade and Development (UNCTAD) and the Zambian Revenue Authority (ZRA) helped Zambia recover an additional US$1 million in export dues from mining companies in one year. The system, which…
Zambia fines Glencore for lack of arm’s length pricing
In a case brought by the Zambia Revenue Authority (ZRA), the Supreme Court of Zambia has fined Glencore subsidiary Mopani Copper Mines US$13 million for violating the country’s Arm’s Length Standards (ALS). After examining a ZRA audit of Mopani’s 2006-09 accounts, the court found transactions…
Trade Based Financial Crime
Trade Based Financial Crime
This online training course provides you with the technical knowledge required to succeed within the trade finance compliance landscape.