AIRLINK 72.00 Decreased By ▼ -2.10 (-2.83%)
BOP 5.04 Increased By ▲ 0.04 (0.8%)
CNERGY 4.40 Increased By ▲ 0.06 (1.38%)
DFML 29.16 Decreased By ▼ -0.38 (-1.29%)
DGKC 83.10 Decreased By ▼ -0.45 (-0.54%)
FCCL 22.36 Decreased By ▼ -0.07 (-0.31%)
FFBL 34.35 Decreased By ▼ -0.55 (-1.58%)
FFL 10.12 Increased By ▲ 0.25 (2.53%)
GGL 10.22 Increased By ▲ 0.22 (2.2%)
HBL 113.40 Increased By ▲ 1.40 (1.25%)
HUBC 140.85 Increased By ▲ 3.16 (2.3%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.43 Increased By ▲ 0.03 (0.68%)
KOSM 4.55 Decreased By ▼ -0.04 (-0.87%)
MLCF 38.41 Decreased By ▼ -0.14 (-0.36%)
OGDC 135.25 Decreased By ▼ -1.35 (-0.99%)
PAEL 26.90 Increased By ▲ 1.76 (7%)
PIAA 25.94 Decreased By ▼ -0.57 (-2.15%)
PIBTL 6.52 Decreased By ▼ -0.13 (-1.95%)
PPL 122.57 Decreased By ▼ -2.83 (-2.26%)
PRL 28.15 Decreased By ▼ -0.06 (-0.21%)
PTC 13.95 Decreased By ▼ -0.35 (-2.45%)
SEARL 55.50 Increased By ▲ 0.90 (1.65%)
SNGP 70.50 Decreased By ▼ -0.70 (-0.98%)
SSGC 10.49 Decreased By ▼ -0.01 (-0.1%)
TELE 8.60 Increased By ▲ 0.08 (0.94%)
TPLP 11.06 Increased By ▲ 0.12 (1.1%)
TRG 61.34 Increased By ▲ 0.64 (1.05%)
UNITY 25.28 Decreased By ▼ -0.05 (-0.2%)
WTL 1.29 Increased By ▲ 0.03 (2.38%)
BR100 7,660 Decreased By -4.4 (-0.06%)
BR30 25,109 Increased By 83.9 (0.34%)
KSE100 73,112 Increased By 348.1 (0.48%)
KSE30 23,742 Decreased By -33.4 (-0.14%)

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.