Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Half of Africa’s white rhino population is in private hands – it’s time for a new conservation approach

Half of Africa’s white rhino population is in private hands – it’s time for a new conservation approach

SOUTHERN white rhinos are widely known as a conservation success story. Their population grew from fewer than 100 individuals in the 1920s to 20,000 in 2012, mostly in South Africa. This success was partially due to the inclusion of the private sector, which started in the 1960s when white rhinos were moved from their last remaining population in Hluhluwe-iMfolozi Park and placed in other state reserves as well as on private land. In 1991 the Game Theft Act formalised conditions for private rhino ownership and use. Poaching pressure was low at the time, and the demand for rhinos by ecotourists…
Read More
Tanzania’s central bank to give $432 mln loan for lending to private sector

Tanzania’s central bank to give $432 mln loan for lending to private sector

TANZANIA’S central bank will provide a 1 trillion shilling ($432 million) loan to commercial banks for lending to the private sector, as part of measures aimed at tackling the effects of the COVID-19 pandemic. The Bank of Tanzania said in a statement that it asked commercial banks to cap the lending rate to borrowers in the agriculture sector at 10%. The bank said the loan to commercial banks will have a 3% interest rate, and they can use it to pre-finance or refinance loans to private businesses. Tanzania, which under late President John Magufuli had downplayed the impact of COVID-19…
Read More