PETALING JAYA: Sime Darby Plantation Investment (Liberia) Pte Ltd, a wholly-owned subsidiary of Sime Darby Plantation Bhd (SDP), has fully disposed of Sime Darby Plantation (Liberia) Inc.
The disposal of 100% equity interest to Mano Palm Oil Industries Ltd was completed on Wednesday for a cash consideration of US$1, plus an earn-out payment to be determined by the average future crude palm oil (CPO) price and future CPO production of SDP Liberia in 2022.
The earn-out consideration will be payable quarterly over a period of eight years, commencing from April 2023.
Addis Abeba, October 07/2019 – The Ministry of Agriculture (MoA), in collaboration with the Ethiopian Institute of Agricultural Research (EIAR), the Ethiopian Agriculture Transformation Agency (ATA), the Ethiopian Agricultural Research Council Secretariat (EARCS), regional bureaus of agriculture, and other stakeholders has recently launched an initiative to produce wheat in three lowland basins of the country.
Our latest WOLTS publication is a fascinating photo essay from one of our pilot research communities, Mundarara, in Tanzania. The piece by Jim Grabham, titled “Are rubies undermining Maasai culture”, shares insights gleaned from in-depth interviews with two participants in a one-year training programme on gender, land and mining that has been developed and carried out by the HakiMadini and Mokoro WOLTS project team in Tanzania.
Papua New Guinea out of pocket $157m from failed attempt at mining material from deep-sea vents as opponents point to environmental risk
The “total failure” of PNG’s controversial deep sea mining project Solwara 1 has spurred calls for a Pacific-wide moratorium on seabed mining for a decade.
The company behind Solwara 1, Nautilus, has gone into administration, with major creditors seeking a restructure to recoup hundreds of millions sunk into the controversial project.
The history of land acquisition in India is chequered, its implementation questionable, and compensation is only a matter of perspective. A farmers’ organisation has been arguing that the country doesn’t need more land laws but a restoration of the fundamental right to property. Does the argument hold water 41 years after the right was diluted?
An examination of reality on the ground will make things clearer.
As part of UNIDROIT’s work on private law and agricultural development, a UNIDROIT Working Group is currently developing a Legal Guide on Agricultural Land Investment Contracts, in collaboration with the Food and Agriculture Organization of the United Nations (FAO) and the International Fund for Agricultural Development (IFAD).
Mansa, Punjab, India - With a scarf around her head and a bottle of cold water in her backpack, Kiranjit Kaur goes door to door as the sun beats down on Kotra Kalan village, calling on women to join an upcoming meeting about farmer suicides.
Two years ago she set up the Kisan Mazdoor Khudkushi Peedit Parivar Committee, an organisation to support families of suicide victims, bringing together widows and relatives of impoverished farmers who - struggling with crippling debt - killed themselves in Punjab, the breadbasket of India.
It is an 8 x 8 room without any ventilation or windows, but Shimon, a 20-year-old youth from Bihar, calls it home. It is his kitchen, living room and bedroom. It does not boast of any luxuries like a toilet and a bath, but he pays Rs. 1,500 for this "company-provided accommodation". Add to it the Rs. 5,000 he was asked to pay as advance by the garment factory he has been working for six years now. Yes, do the math. Shimon started work here as a child labourer.
Large-scale land transactions in which nations sell huge, publicly owned parcels to foreign and domestic corporations negatively affect local women more than men, a new study by Oregon State University shows.
The findings are important because the transactions, also known as land grabs, are occurring at a pace and scale that are unprecedented—at least 45 million hectares, and possibly as many as 200 million, have changed hands over the past decade, mainly in lower-income countries, OSU College of Forestry researcher Reem Hajjar said.
