Coca-Cola accused of propping up notorious Swaziland dictator | World news | guardian.co.uk
►http://www.guardian.co.uk/world/2012/jan/02/coca-cola-accused-swaziland-dictator
With a fortune of about $100m (£64m), he presides over one of the worst-off countries in the world, with most people living in absolute poverty. Political parties are banned and activists are regularly arrested, imprisoned and tortured.
#Coca-Cola says that Mswati III does not receive any profits or dividends from its #Swaziland operation, its biggest in Africa. But some activists estimate that Coca-Cola, the world’s biggest beverage company, contributes as much as 40% of the country’s GDP. The company admits it cannot account for how the money it pays in taxes is used by the Swazi government.