AIRLINK 74.90 Decreased By ▼ -0.26 (-0.35%)
BOP 5.42 Decreased By ▼ -0.03 (-0.55%)
CNERGY 4.38 Decreased By ▼ -0.01 (-0.23%)
DFML 29.20 Increased By ▲ 1.56 (5.64%)
DGKC 77.14 Increased By ▲ 5.14 (7.14%)
FCCL 21.25 Increased By ▲ 0.96 (4.73%)
FFBL 30.95 Decreased By ▼ -0.10 (-0.32%)
FFL 10.19 Increased By ▲ 0.22 (2.21%)
GGL 10.72 Increased By ▲ 0.45 (4.38%)
HBL 114.80 Decreased By ▼ -0.20 (-0.17%)
HUBC 130.98 Decreased By ▼ -0.47 (-0.36%)
HUMNL 6.83 Decreased By ▼ -0.04 (-0.58%)
KEL 4.08 Decreased By ▼ -0.12 (-2.86%)
KOSM 4.76 Decreased By ▼ -0.01 (-0.21%)
MLCF 39.78 Increased By ▲ 2.70 (7.28%)
OGDC 134.70 Decreased By ▼ -0.75 (-0.55%)
PAEL 24.05 Increased By ▲ 0.65 (2.78%)
PIAA 27.34 Increased By ▲ 0.03 (0.11%)
PIBTL 6.75 Increased By ▲ 0.15 (2.27%)
PPL 113.60 Increased By ▲ 0.44 (0.39%)
PRL 28.95 Increased By ▲ 0.20 (0.7%)
PTC 15.26 Decreased By ▼ -0.24 (-1.55%)
SEARL 57.50 Increased By ▲ 0.17 (0.3%)
SNGP 67.02 Increased By ▲ 0.03 (0.04%)
SSGC 11.16 Decreased By ▼ -0.01 (-0.09%)
TELE 9.20 Increased By ▲ 0.06 (0.66%)
TPLP 12.09 Increased By ▲ 0.04 (0.33%)
TRG 70.55 Increased By ▲ 0.16 (0.23%)
UNITY 23.82 Increased By ▲ 0.17 (0.72%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
BR100 7,478 Increased By 23.6 (0.32%)
BR30 24,396 Increased By 146.1 (0.6%)
KSE100 71,681 Increased By 247.3 (0.35%)
KSE30 23,630 Increased By 63.9 (0.27%)

HARARE: Zimbabwe's ivory stockpile has rocketed to 42,000 kilos up from a previous record of 29,000, but the country cannot sell it due to a ban, state media reported on Sunday.

"At the moment there is a nine-year moratorium on the international sale of ivory from Zimbabwe, it will end in 2016," Romana Nyahwa, acting director for Zimbabwe National Parks and Wildlife told the Sunday Mail newspaper.

The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) imposed the moratorium in an attempt to curb pouching.

"But it is not definite that after 2016 we will be able to sell our ivory," added Nyahwa.

She said the country would have to apply for a special permission from CITES to sell the tusks. It costs Zimbabwe $13 million annually to secure the stockpile.

"The proposal will be discussed and if it passes, permission will be granted for the sale to take place. The sale will be conducted under some agreed conditions, for example, selling to specific countries," she said.

Most of the tusks, valued at $10 million, were collected from conservation areas and rural districts countrywide.

In 2008, the southern African country sold 3.7 tonnes of ivory for $487,162 approved under an international agreement.

The auction was open only to buyers from China and Japan, who were required to only sell it within their countries.

According to official statistics, Zimbabwe has an elephant population of 100,000 but a large number fell prey to poachers during the country's economic crisis.

Copyright AFP (Agence France-Presse), 2011

Comments

Comments are closed.