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Wood exporter stops expansion over land grab

    NAIROBI

    Zimbabwe’s biggest timber exporter has stopped all expansion and development programmes because a large part of one of its plantations has been listed by the government for seizure, ‘Business Day’ said on Thursday.

    Border Timbers was quoted as saying that no maintenance would be carried out at the plantation wanted by the government for resettlement “since it is highly improbable the company will be recompensed.” The company, which last year earned US $19 million from foreign sales, said that it views “with concern” the compulsory acquisition.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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