Engaging with stakeholders for mutual benefit
Engagement with government
AngloGold Ashanti engages with governments on an ongoing basis in all of the countries in which it operates. One of the issues we emphasise in these engagements is the need for regulatory certainty to create an environment conducive for mining sector investment and development.
A key concern of governments in these engagements is the need to ensure that the net benefits of mining flow through to the government at a national level, and at a local level, to communities. See the section on local socio-economic development for an overview of how we address this expectation. Potential benefits of mining at a local level include employment, skills development, local procurement and infrastructure and service development.
Substantial direct payments are made to governments including taxes and royalties. See the table of payments to government below for details.
With all our payments to governments we strive for transparency in support of the objectives of the Extractive Industry Transparency Initiative (EITI) and in line with our values. As part of this process in October 2014, a revised policy relating to political party donations was put in place. The policy seeks to verfiy that the process of making donations to political parties is supported by a strong business case, are disclosed and fully explained.
All donations are governed by AngloGold Ashanti’s values and compliance policies, including its Policy on Anti-Bribery and Anti-Corruption, must comply with any and all current applicable laws and regulations in the jurisdictions in which the donations are made, including the US Foreign Corrupt Practices Act, and any other regulatory requirements to which the company may be subject.
|Cerro Vanguardia||Income tax 30%||5,390||5,447|
|Sunrise Dam||Diesel Fuel Rebate||30,429||15,089|
|SA Operations||Skills development levy credits||1,110||1,940|
|Mining Qualification Association Discretionary Grants||2,433||1,924|
|AngloGold Health||Free TB drugs||0,136||0,216|