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The country’s Environment Ministry is defending the January 29 auction as a conservation strategy, but conservationits say the move is based on false population statistics, disputed claims of human-elephant conflict and puts 3% of Namibia’s last elephants up for sale Namibian elephants in Etosha. Conservationists estimate that between 73 to 84 percent of the government’s quoted elephant population figure consists of ‘trans-boundary’ elephants, those moving between Namibia, Angola Zambia and Botswana. They put the resident elephant population in Namibia at 5,688. They are worried th...

Namibia is selling the wild elephants, despite the outcry. Photo supplied The Namibian government will put 170 wild elephants up for sale today, 29 January, justified by false population statistics and disputed claims of human-elephant conflict. More than 100,000 people have signed a petition condemning the action… writes Don Pinnock, Daily Maverick. See petition here. The Namibian government says it has too many elephants and that the 170 are problem-causing animals. According to professional guide and conservationist Stephan Scholvin, about 90 are to be captured on former indigenous San ...

Namibia to auction 170 'high value' wild elephants due to drought despite objections Conservationists dispute the government's claims of overpopulation as the animal is at risk of extinction globally due to poaching The elephants have been accused of exacerbating a drought Credit:  Mark Holdefehr  Namibia is set to sell 170 wild elephants in a controversial auction ending on Friday in response to disputed claims that the animals' growing populations are worsening a drought and threatening people. The elephants, including rare desert elephants and calves, have been rounded up in remote areas...

. The Namibian government says it has too many elephants and that the 170 are problem-causing animals. According to professional guide and conservationist Stephan Scholvin, about 90 are to be captured on former indigenous San ancestral lands which have been seized and distributed to political elites. They sold logging rights in the area to the Chinese, who have “completely decimated” the endangered African rosewoods.   With the government just emerging from a corruption scandal exposed by Al Jazeera, resulting in the imprisonment of the Ministers of Justice and Fisheries, there is deep...

Short sellers won some high-profile victories this year with the collapse of payments firm Wirecard AG and hospital operator NMC Health. Otherwise, 2020 is shaping up to be the worst year on record for some investors seeking to profit from share price declines. A monthly index of short-selling hedge funds is down 32pc this year through October, according to data provider Hedge Fund Research. The performance is unlikely to have improved in November, given that European stocks posted their biggest-ever gain last month while the S&P 500 Index set a record. The short funds index had its biggest m...