No political accountability at disgraced mining giant Glencore


(Picture: Glencore)

Mining giant, Glencore is on a drive to save face after it was found to have manipulated the market, and engaged in bribery.

It now has to pay a fine of up to R23.6 billion.

Last week, authorities in the US, Britain and Brazil announced that three of Glencore’s subsidiaries had pleaded guilty to the crimes.

While the company’s board maintains that these acts are a thing of the past, it does point to a growing trend of mining companies acting with impunity, but have the chickens finally come to roost?

Guest: David van Wyk, Benchmarks Foundation researcher

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