Palm oil giant Olam accused over sourcing
- BBC
- 12 December 2016
Palm oil giant Olam has been accused of using suppliers that may use unsustainable practices in parts of Southeast Asia and bulldozing rainforest for plantations in Gabon.
Palm oil giant Olam has been accused of using suppliers that may use unsustainable practices in parts of Southeast Asia and bulldozing rainforest for plantations in Gabon.
TIAA-CREF new report shows further expand of TIAA’s management presence in the global farmland market. Despite raised concerned of TIAA investment in regions such as Brazil contribute to land conflicts, lead to the displacement of local people. TIAA has been investing in farmland since 2007.
A joint team drawn from both Ethiopia and Saudi Arabia will be established to carry out feasibility study and come up with investment ideas in the sector.
Al Dahra Agriculture says deal will give it access to a strategic growers and suppliers base, in addition to farming land in Western Australia
All Nepal Peasants' Federation (ANPF) has protested the government's preparation in bringing in unchecked foreign investment in agriculture.
Sumitomo Corp. agreed to buy Dublin-based Fyffes Plc for €751 million ($798 million) in cash, expanding the company’s reach in the global fruit market and sending the Irish producer’s shares soaring.
A recent report by nine charities including RIAO-RDC, a Congolese NGO, and the western charities Grain and War on Want, levels a string of criticisms against Feronia Inc, including allegations of land grabs, low pay and exploitation.
Large-scale agricultural projects are driving people off their land in Tanzania. An example is the case of the Maasai of Mabwegere, who are being dealt with harshly.
Shanghai Maling's acquisition of a 50-percent interest in Silver Fern Farms, the largest livestock processing and marketing entity in New Zealand, includes 1,769 hectares of "sensitive land".
After six years and an investment of over $1.3B, the Santa Fe mega farm in Region 9, owned by Barbadian business mogul Sir Kyffin Simpson, is waiting on government’s go ahead for an additional 20,000 acres of land for cattle rearing.
The Executive Director of the Kuwait-based company, Africa Relief Organisation, financiers of the project, said his organisation has released 3bn/- to finance cultivation of 300 acres of rice this season alone at the new Rufiji irrigation belt.
If left unchecked, there is a danger that land grabbing and land concentration, will block the entry into farming of young and aspiring farmers, while leading to the further exit of Europe’s small farmers.