ICICI Bank has put Naivasha-based Karuturi Ltd up for sale over a disputed Sh4 billion loan. The planned sale could mark the end for the erstwhile world’s largest rose flower producer.
Central Organisation of Trade Unions has called for the immediate arrest and prosecution of the management of a flower farm owned by the Indian company, Karuturi.
Ramakrishna Karuturi has mocked plans to sell off his Naivasha-based flower farm, saying the liquidation procedure will not affect his ownership of the land, which is held through separate subsidiaries.
As the ebola epidemic rages on, Socfin continues to grab land from the people of Malen in league with some chiefdom authorities.
The investment is to enable Wellard grow the business through a number of identified agribusinesses opportunities throughout the wider Asian region.
A new report on land grabbing exposes the vulnerability of farmers and citizens to arbitrary abuse of the law when developers and the state lay claim to their farms and homes for commercial gain.
On November 13, 2019, an ICSID tribunal ordered Hungary to pay damages to a British investor in compensation for its breach of the Hungary–United Kingdom BIT.
GCC countries face growing constraints in agricultural capacity. Structural factors are exacerbating pressures on food prices. A new report from Standard Chartered supports additional investment in agriculture.
The SOCFIN land acquisition in Malen Chiefdom reads like a collusion between the government and the investor—an alliance of the powerful and wealthy—to strip a community of their most valuable resource.
On May 5, the Wilson Center hosted a half-day conference that considered the implications for investors, host countries, and food security, highlighting case studies from Asia, Africa, Europe, and the former Soviet Union.
As millions in public money flows towards the planting of trees, some are also raising concerns about the environmental credentials of many schemes.
There is an increasing demand for nature-based solutions and real assets are of particular interest to institutional asset owners. But just because something is a natural investment does not always mean it is good for the environment. Or that it is a good investment.
Imperialism today is no longer conducted by nation-states but, instead, by multi-national corporations but the essence of the saga is unchanged: A poor continent is being raped by powerful, wealthy Westerners.
On 10th October, Miguel Galván was stabbed to death in the doorway of his own home in Argentina. Almost one year earlier, Cristian Ferreyra had also been shot and killed in his house. Both men were murdered because they refused to give up their land to multi-national soybean plantation companies.
Villagers in Mozambique are caught between their government's need to promote agricultural development through foreign investment and to protect the rights of the citizens who depend on that land.
To speak only of the ‘threats and potential opportunities’ that these investments highlight leaves underexposed the grave risks to human rights that they pose, writes Dr. Margot Salomon, from the London School of Economics
With Gulf countries and businesses demonstrating a newfound disposition for direct farm investment to cater for their local agro commodity needs, Sub-Saharan Africa has been identified as a source of growing and/or producing their imported food. Nigeria’s position in the matrix cannot be overemphasized.
Mugabe government is very reasonable about the perception of commercial agriculture being in foreign hands, says Standard Chartered.
East African protesters have taken to the streets of London to demonstrate against banks that do business with Bidco Africa, highlighting the connection between global financial institutions, The Prince of Wales and widespread deforestation in Africa.
Standard Bank plans to finance more land deals involving South African farmers seeking expansion opportunities across the continent to grow export crops, the bank said on Friday.
The privatisation Uzbekistan’s cotton sector is seeing huge tracts of land being transferred to private operators for cotton cultivation, with farmers coerced into “voluntarily” giving up their land leases, with devastating effects on rural livelihoods.
A new report by an alliance of civil society organisations chronicles one of the most scandalous failures of development bank investment in agriculture.
An Associated Press investigation found poor conditions of millions of laborers from some of the poorest corners of Asia across palm oil plantation in Malaysia and Indonesia, many of them enduring various forms of exploitation, with the most serious abuses including child labor, outright slavery and allegations of rape.
This practical guide focuses on investigating accountability and accountability politics in the context of the current global rush for land and other natural resources
A paramilitary unit of the Liberia National Police was deployed into the area after residents attempted to halt the survey.
A slide show by GRAIN that profiles some of those who have been most actively pursuing or supporting farmland grabs around the world.
"Investing in Farmland and Feeding the World," was discussed at an interactive session at the 65th CFA Institute Annual Conference in Chicago last week.
In this extract from his book The Landgrabbers: The New Fight Over Who Owns the Earth, Fred Pearce witnesses the relentless plundering by intensive commercial farmers of Brazil’s rich savannah
The UN Special Rapporteur on the Right to Food launches a call for cases that illustrate the links between security of land tenure, access to land and the right to food.
“MPs want ActionAid to keep off”, screams the caption of a story in the East African Standard of January 3, 2006. The story is attributed to MPs Oburu Odinga and Ayiecho Olweny who claim that the NGO is inciting residents of trouble ridden Yala Swamp rice scheme in which American investor Dominion Group of Companies has been embroiled in a tussle with the community over issues of land dispossession
