Belgian plantation group Socfin sees profits explode
- De Tijd
- 04 May 2022
Last year, the Belgian Hubert Fabri's plantation group Socfin saw its turnover rise sharply to more than 800 million euro. The profit even climbed to 80 million.
Last year, the Belgian Hubert Fabri's plantation group Socfin saw its turnover rise sharply to more than 800 million euro. The profit even climbed to 80 million.
Two reports expose Bunge Ltd's ties to deforestation, human rights abuses and land grabbing in Brazil’s sensitive Cerrado region
Advocates of large-scale, intensive industrial agriculture are saying, yet again, that we should ramp up global production to deal with the food crisis. But this is not the solution.
The Indonesia government's Food Estates programme could could lead to corruption, where corporate and state actors and their family and friends – not West Papuans – benefit from the allocation of land for Food Estates.
Socfin says the result of clauses limiting lease agreements to an initial max of 5000 hectares, and for a period not exceeding 21 years for non-citizens, would be no more investment in rubber, forestry, palm oil or other plantation crops
More than 35,000 people who were evicted from their land by multinational agribusiness companies in Kiryandongo district are on the verge of starvation.
Stop Harvard Land Grabs and the Housing Opportunities Program held a rally in Harvard’s Science Center Plaza Friday to protest the University’s previous farmland investments in Brazil.
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On 21 April 2022, the Court of Appeal of Zambia handed down judgment in the case of Molosoni Chipabwamba and 12 Other displaced village owners v Yssel Enterprises Ltd and 7 Others. It cancelled the Certificate of Title issued to Bills Farm Limited (4th Respondent) following an unlawful conversion of customary land to State land, and ordered that the land already converted to State land reverts to customary tenure.
Hassad has invested in international institutions and companies operating in the grain, meat, poultry, livestock and fish sectors, in a number of countries such as Australia, Canada, Turkey, Oman, Saudi Arabia, and Sudan.
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The total cropland controlled by foreign interests in 2020 was 10.9 million acres, up from 4.1 million acres in 2010.