Ngoako Ramatlhodi, South Africa’s Minister of Mineral Resources, was asked by me, and then again by Tom Burgis (Financial Times correspondent and author of the compelling new book on Africa’s extractives sector, “The Looting Machine”) whether he would support a requirement that oil, gas and mining companies listed on the Johannesburg Stock Exchange disclose the payments they make to governments in the countries where the operate. I suggested that such a move would show leadership on the issue in the G20, of which South Africa is the only African member-country.
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