From daily The Morning Star in Britain:
Sharks in the water
(Monday 16 April 2007)
THE start of the damages claim against the Tanzanian government by privateer Biwater demonstrates that not all sharks swim in salt water.
The company is suing one of the poorest countries in the world for millions of pounds following the cancellation of its water privatisation contract in Dar es Salaam.
It is unsurprising that the company has resisted demands that the case be heard in open court, since the action itself is so grubby and unprincipled that any public knowledge of it would reflect badly on the moral standards of the company in particular and of capitalism in general.
The Tanzanian government cancelled the contract on the basis that the company had made less than half of the required investment and was not meeting targets.
Water privatisation in Britain: here.
Water privatisation in Colombia: here.
- Thames Water – a private equity plaything that takes us for fools | Will Hutton (guardian.co.uk)
- Water Industry Outlook: ‘The Time Is Ripe’ for Water Privatization (commondreams.org)
- Near-extinct toads back in Tanzania (dearkitty1.wordpress.com)
- ‘Refrain from water privatisation’ (thehindu.com)
- World Bank, WTO, and corporate control over water by Vandana Shiva (drsylviakarpagam.wordpress.com)
- Privatization Pushback: Civil Society Slams Water Privatization Conditions for EU Bailouts (commondreams.org)