AIRLINK 75.18 Increased By ▲ 0.33 (0.44%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 41.86 Increased By ▲ 1.86 (4.65%)
DGKC 86.75 Increased By ▲ 0.40 (0.46%)
FCCL 21.50 Increased By ▲ 0.14 (0.66%)
FFBL 33.80 Decreased By ▼ -0.05 (-0.15%)
FFL 9.74 Increased By ▲ 0.02 (0.21%)
GGL 10.51 Increased By ▲ 0.06 (0.57%)
HBL 114.50 Increased By ▲ 1.76 (1.56%)
HUBC 139.52 Increased By ▲ 2.08 (1.51%)
HUMNL 11.78 Increased By ▲ 0.36 (3.15%)
KEL 5.22 Decreased By ▼ -0.06 (-1.14%)
KOSM 4.67 Increased By ▲ 0.04 (0.86%)
MLCF 37.99 Increased By ▲ 0.19 (0.5%)
OGDC 139.26 Decreased By ▼ -0.24 (-0.17%)
PAEL 26.10 Increased By ▲ 0.49 (1.91%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.85 Increased By ▲ 0.05 (0.74%)
PPL 123.67 Increased By ▲ 1.47 (1.2%)
PRL 26.96 Increased By ▲ 0.38 (1.43%)
PTC 14.00 Decreased By ▼ -0.05 (-0.36%)
SEARL 59.50 Increased By ▲ 0.52 (0.88%)
SNGP 68.72 Decreased By ▼ -0.23 (-0.33%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.42 Increased By ▲ 0.04 (0.48%)
TPLP 11.25 Increased By ▲ 0.19 (1.72%)
TRG 64.18 Decreased By ▼ -0.01 (-0.02%)
UNITY 26.58 Increased By ▲ 0.03 (0.11%)
WTL 1.46 Increased By ▲ 0.01 (0.69%)
BR100 7,942 Increased By 104.4 (1.33%)
BR30 25,666 Increased By 214.3 (0.84%)
KSE100 75,950 Increased By 835.8 (1.11%)
KSE30 24,423 Increased By 308.6 (1.28%)

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.