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India, London And Zambia Protest Against Vedanta AGM

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Angry protests across Zambia and India in run up to Vedanta’s London AGM on Friday

 

Angry protests will be held in India and Zambia next week in the run up to British mining company Vedanta Resources’ AGM at Ironmongers Hall, Barbican, London at 2pm on Friday 5th August. Inside the AGM dissident shareholders will ask questions submitted by protesting Zambian villagers who are suing Vedanta in the UK for twelve years of polluted water, as well as displaced farmers who were never compensated for their land in Lanjigarh, Odisha, India and accuse Vedanta of murdering and harassing them with state collusion. A loud protest organised by Foil Vedanta will take place outside the meeting, demanding that Vedanta subsidiary Konkola Copper Mines publish its hitherto secret annual accounts in Zambia, and accusing the company of pollution, human rights abuses and financial mismanagement in India and Afrika.

In the Zambian Copperbelt, 600 farmers, fishermen and former miners living downstream of Vedanta’s Konkola Copper Mines (KCM) held historic protests in their villages this week demanding an end to twelve years of pollution by KCM, which has turned the Kafue into a ‘river of acid’1 2 and left them with no access to clean water. They told KCM to de-silt and remediate the contaminated areas so they can return to normal life, and submitted a Memorandum of Complaint signed by Headmen of nine villages to be read at Vedanta’s London AGM. The villagers are also suing KCM and Vedanta to court in the UK for personal injury and loss of livelihood due to gross pollution, having won a precedent London jurisdiction hearing in May. An estimated 40,000 people in total are affected by contaminated water which also affects the municipal piped water system3.

One of the protesters and Fikolongo village headman Simon Mwila, who is also a claimant in the London case suing KCM and Vedanta said: 

Vedanta KCM has polluted our only water source since 2004. We feel weak and sick from drinking contaminated water and eating the fish but we have no choice. Relatives are dying mysteriously and we know it is the pollution. Each day they continue with impunity, cheating the government that they are controlling pollution but they are not. We want to live in peace, harmony and good health. KCM Vedanta must stop polluting us and clean up their mess!”

A number of scientific papers have documented the extent of contamination, with acid pH and heavy metal content regularly tens and even hundreds of times above legal limits.4 5 6

Justice Coulson’s judgement on the polluted villager’s jurisdiction case indicted KCM for financial secrecy, historic dishonesty and attempts to pervert the course of justice, revealing that KCM have never filed any annual accounts in accordance with the Zambian Companies Act, and referring to a 2014 London arbitration case against KCM in which three judges found KCM to be dishonest, obstructive and willing to cause unnecessary harm. An UNCTAD report published in July 2016 found ‘systematic export underinvoicing’ of copper from Zambia starting in 2005, the year after Vedanta took over KCM (Zambia’s biggest copper producer). $12 billion of underinvoicing is recorded between 1995-2014.7

Following damning audits of KCM in 2014, the Zambian government entity ZCCM-IH which owns 20.6% of KCM has also filed a case against KCM and Vedanta in London for $100 million owed on an April 2013 settlement8.

The UK government has repeatedly promoted KCM via the Department for International Development’s Commonwealth Development Corporation (CDC), most recently in 2012 when KCM were sponsors and speakers at their Jubilee Economic Forum in London alongside then Zambian President Michael Sata.9

In Chingola, Zambia more than 100 residents of Nchanga South will submit a petition to the press and the London AGM decrying the fumes and noise from KCM’s copper smelter, which is less than 50m from houses on East 1st Street, and demanding to be compensated and resettled as the 2006 Environmental Impact Assessment had required10. In Kitwe former KCM miners who have never received their terminal benefits will protest ahead of the next hearing in their ongoing case against KCM in the Zambia High Court on 8th August. 2500 miners were retrenched by KCM in November 2015, and have also been denied proper benefits, leading to riots11. Students at Copperbelt University in Kitwe are also expected to hold a solidarity protest.

Demonstrators in London will again demand that KCM publish its secret annual reports, claiming that Vedanta is hiding its tax evasion and capital flight, as well as shifting its liabilities onto the Zambian state. They will also demand justice for the victims of the 2009 chimney collapse which killed between 40 and 100 people.12The Sandeep Bakshi Judicial Commission report (leaked by activists in 2014) held Vedanta guilty of negligence in the incident but no action has been taken.13Samarendra Das from Foil Vedanta said: 

Vedanta has been found guilty of polluting the Kafue river and damaging communities livelihoods and health in Zambia. In India they are indicted for negligence in the country’s second largest industrial disaster at Korba in 2009, and have lost their iconic Niyamgiri mine due to popular resistance. The ground swelling protests in India and Zambia are demanding justice from the British Government to initiate an inquiry against Vedanta’s practices and delist them from the London Stock Exchange.”

In Bhubaneswar, capital city of the State of Odisha in India, a large group of protesters are expected in the streets on 5th August demanding that Vedanta is kicked out of its two Odisha bauxite operations at Jharsuguda, where ongoing pollution has led to farmers protests, and displaced people have never been compensated, and Lanjigarh (Niyamgiri) where local tribal activists and protesting land losers have been beaten, harassed and killed by police this year, under the pretence that they are Maoists. Fact finding teams led by former Chief Justice of Bombay High Court Justice B G Kolse Patil14, as well as the National Confederation of Human Rights Organisations (NCHRO) found state collusion between the police and Vedanta, who have been thwarted in their attempt to mine Niyamgiri’s bauxite by the people’s movement.

Padmanav Choudhury from Asarpada village, an active member of Niyamgiri Suraksha Samiti (Niyamgiri Protection Coucil) and a land loser yet to receive any compensation from Vedanta said:

I was tortured for two days, hung upside down and thrashed by police for participating in a demonstration against police atrocities in Niyamgiri. Vedanta and the Odisha government are working together to deny our democratic and legal right to object to their mine. No matter what they do, we will not leave Niyamgiri or give up our fight.”

Despite a May Supreme Court ruling which rejected Vedanta and the Odisha state’s right to challenge the ban on Niyamgiri mining Mines Minister Piyush Goyal stated in July that he would again try to push the Niyamgiri project through.15 Mass demonstrations have again celebrated the Supreme Court victory this June.

Adivasi and Niyamgiri Suraksha Samiti leader Dadhi Pusika echoed the protesters demands that the refinery built to process Niyamgiri’s bauxite should now be decommissioned, saying:

Lanjigarh must be shut down and stopped from causing pollution, misery, and landlessness in our villages. This a not just a local issue. It is a global struggle of the humanity to protect nature and civilisation.”

In Delhi, students from Birsa Ambedkar Phule Students’ Association (BAPSA) will hold a solidarity demonstration calling for an end to Dalit suppression by Vedanta in Niyamgiri and its other operations.

In London Foil Vedanta will warn shareholder that Vedanta Resources is bluffing them with grand claims of mergers and acquisitions to hide its toxic debt situation – with $8.6 billion of debt and $1.8 billion in intercompany loans16, amounting to debt of 7 times Ebitda17, and $2.9 billion in debt covenants due in 2016. They will point out that Chairman and 69.9% owner Anil Agarwal’s claims to have invested $4 billion in Africa18 have already been disproved by Zambian government audits which revealed the company had in fact failed to invest any CAPEX in the subsidiary since buying it in 2004, only reinvesting internally generated cash.19

In India, Vedanta’s attempts to assure shareholders and media that their attempted merger with oil subsidiary Cairn India is going ahead has been denied by top minority shareholder Life Insurance Corporation of India (LIC), who sent a recent public statement denying their approval20. The merger with Indian arm Vedanta Ltd, would give Vedanta access to Cairn’s $2.6 billion cash reserves. Meanwhile Agarwal has appealed to the Indian government to ‘monetise what is below the ground’, enabling speculation and advocating an oil boom comparable to Shale Gas in the US21, and a third CEO has quit Cairn India over differences with the Vedanta Resources board.22Cairn India is India’s biggest fracker at the Raageshwari deep gas field and has the world’s largest EOR polymer flood field at Mangala in Rajasthan, which injects 400,000 barrels of polymer liquid (water and chemicals) per day to extract oil in a drought ridden area.23

To address their debt crisis subsidiary HZL in March declared a special golden jubilee dividend at 1200% effectively paying parent company Vedanta Ltd $1.2 billion24.

Environment

How To Make The Shipping Industry Greener

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green shipping industry

Each and every year more damage is done to our planet. When businesses are arranging pallet delivery or any other kind of shipping, the environment usually isn’t their number one concern. However, there’s an increasing pressure for the shipping industry to go greener, particularly as our oceans are filling with plastic and climate change is occurring. Fortunately, there’s plenty of technology out there to help with this. Here’s how the freight industry is going greener.

Make Ship Scrapping Cleaner

There are approximately 51,400 merchant ships trading around the world at the moment. Although the act of transporting tonnes of cargo across the ocean every year is very damaging to the environment, the scrapping of container ships is also very harmful. Large container ships contain asbestos, heavy metals and oils which are toxic to both people and the environment during demolition. The EU has regulations in place which ensure that all European ships are disposed of in an appropriate manner at licenced yards and the International Maritime Organisation (IMO) introduced guidelines to make recycling of ships safe and environmentally friendly back in 2009, but since then only Norway, Congo and France have agreed to the policy. The IMO needs to ensure that more countries are on board with the scheme, especially India, Bangladesh and Pakistan, which are some of the worst culprits for scrapping, which may mean enforcing the regulations in the near future.

Reduce Emissions

A single large container ship can produce the same amount of emissions as 50 million cars, making international shipping one of the major contributors towards global warming. Stricter emissions regulations are needed to reduce the amount of emissions entering our atmosphere. The sulphur content within ship fuel is largely responsible for the amount of emissions being produced; studies have shown that a reduction in the sulphur content in fuel oil from 35,000 p.p.m to 1,000 p.p.m could reduce the SOx emissions by as much as 97%! The IMO has already begun to ensure that ships with the Emission Control Areas of the globe, such as the Baltic Sea, the North Sea and the English Channel, are using this lower sulphur content fuel, but it needs to be enforced around the world to make a significant difference.

As it’s not currently practical or possible to completely phase-out heavy, conventional fuels around the world, a sulphur scrubber system can be added to the exhaust system of ships to help reduce the amount of sulphur being emitted.

Better Port Management

As more and more ships are travelling around the world, congestion and large volumes of cargo can leave ports in developing countries overwhelmed. Rapidly expanding ports can be very damaging to the surrounding environment, take Shenzhen for example, it’s a collection of some of the busiest ports in China and there has been a 75% reduction in the number of mangroves along the coastline. Destroying valuable ecosystems has a knock-on effect on the rest of the country’s wildlife. Port authorities need to take responsibility for the environmental impact of construction and ensure that further expansion is carried out sustainably.

Some have suggested that instead of expansion, improved port management is needed. If port authorities can work with transport-planning bureaus, they will be able to establish more efficient ways of unloading cargo to reduce the impact on the environment caused by shipping congestion.

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Features

What Kitchen Suits Your Style? Modern, Classic or Shaker?

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shaker kitchen designs

A kitchen is the centre of the home. Your kitchen ranges between where friends and family gather, talk about their day, cook meals, have drinks, to somewhere you can just enjoy each other’s company. The kitchen is the heart of the home. But, everyone’s lifestyle is different. Everyone’s taste is different. So, you need a kitchen that not only mirrors your lifestyle but matches your taste too. Whilst some prefer a more traditional design, others want a modern feel or flair – and it’s all down to personal taste.

When it comes to redesigning your kitchen, what style would you go for? It’s a difficult one isn’t it. With so many different styles to go for, how can you know exactly what you want until you’ve seen it in action? Leading kitchen designer, Roman Kitchens, based in Essex, have provided three examples of bespoke kitchens and styles they specialise in, accompanied with beautiful images. This design guide will get you one step closer to picking your dream kitchen for your home.

1. Modern

New home in the city centre? Or even a sleek new modern build? You want a trendy and modern kitchen to reflect your city lifestyle. In modern kitchen design, colours are bolder and fresher, with sleek design and utilities that are distinctive and vibrant.

modern kitchen designs

This modern kitchen is sleek and smooth with flawless design and beauty. Minimalism doesn’t stop this kitchen standing out. Featured walls of wood and vibrant mint green draw the eye, whilst the white surfaces reflect the light, illuminating every nook and cranny of this kitchen. This kitchen features products from Rotpunkt, innovators of modern kitchen design. Made with German engineering, a Rotpunkt Kitchen is the ultimate modern addition to your home. Rotpunkt Kitchens have timeless design and amazing functionality, they work for every purpose and are eco-friendly. Sourced from natural materials, a Rotpunkt kitchen uses 37% less timber, conserving natural forests and being more environmentally conscious.

2. Classic

Prefer a homely and traditional feel? Classic kitchens are warm, welcoming and filled with wood. Wood flooring, wood fixtures, wood furniture – you name it! You can bring a rustic feel to your urban home with a classic kitchen. Subtle colours and beautiful finishes, Classic kitchens are for taking it back to the basics with a definitive look and feel.

classic kitchen designs

With stated handles for cupboards, Classic kitchens are effortlessly timeless. They convey an elegant but relaxing nature. Giving off countryside vibes, natural elements convey a British countryside feel. The wood featured in a classic kitchen can range between oaks and walnut, creating a warmth and original feel to your home. Soft English heritage colours add a certain mood to your home, softening the light making it cosier.

3. Shaker

Any kitchen planner will tell you that the meeting point between traditional and modern design, is a Shaker kitchen. They have a distinctive style and innovative feel. Shakers are fresh, mixing different colour tones with stylish wood and vinyl. The most important feature of a Shaker kitchen is functionality – every feature needs to serve a purpose in the kitchen. Paired with stylish and unique furniture, a Shaker kitchen is an ideal addition to any home.

shaker kitchen designs

The ultimate marriage between Classic and Modern kitchens, this Shaker kitchen has deep colour tones with copper emphasis features. All the fittings and fixtures blur the line of modern and tradition, with a Classic look but modern colour vibe. Unique furniture and design make Shaker Kitchens perfect for the middle ground in kitchen design. Minimal but beautifully dressed. Traditional but bold and modern at the same time. Storage solutions are part of the functionality of Shaker kitchens, but don’t detour from conveying yours as a luxury kitchen.

Whatever you choose for your new kitchen, be it Modern, Classic or Shaker – pick whatever suits you. Taste is, and always will be, subjective – it’s down to you.

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