More than 1,700 white rhinos roam John Hume’s ranch in North West, which makes him the biggest private owner of the species by far. The global population of all five rhino species is about 25,000, so he owns about 7% of the rare creatures.
A real estate tycoon in a former life, Hume has one more major asset : the 6,600ha Mauricedale Nature Estate just south of the Kruger National Park. The man has a passion for the animals, but he is also a businessman who has long lobbied for the lifting of restrictions on international trade in rhino horn. At going black-market rates in Asia – where red-hot horn demand is driving the current wave of poaching – his stockpiled five tons could conceivably fetch $275-million.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Maverick: Huawei Founder Sees ‘Live or Die Moment’ From U.S. UncertaintyHuawei Technologies Co.’s founder Ren Zhengfei warned in an internal memo the company is at a “live or die moment” and advised underutilized employees to form “commando squads” to explore new projects. Workers who fail will have their salaries cut every few months and may lose their jobs, the billionaire said yesterday.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Judge’s reasons for urgent interdict support Tekkie Town caseWinning their business back from Pepkor and Steinhoff is a slow and uncertain journey, but the founders of footwear and apparel group Tekkie Town remain determined to see the process through.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Discovery’s red flagsExecutives from financial services group Discovery have been at pains to convince the market that National Health Insurance will not necessarily hurt their business. But is the share price slump just about NHI?
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Jumia Finds Wrongdoing in Nigeria Sales Force as Loss WidensJumia Technologies AG has identified improper transactions at the Africa-focused online retailer’s Nigeria business that amounted to as much as 4% of first-quarter sales.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Down on the bayou, Sasol’s mega-project sings the bluesPetrochemicals giant Sasol has got itself stuck in mud in the land of po boys, gators and the blues. South African companies often try to reduce exposure to domestic economic and political risk by diversifying overseas, but sometimes the grass is not greener on the other side – especially when it comes to mega-projects.
Source: dailymaverick - 🏆 3. / 84 Read more »