Business News of 2014-08-05

Gov’t bans exportation of Rosewood

The government has imposed a ban on the felling, harvesting and exportation of Rosewood in the country.

Nii Osah Mills, Minister for Lands and Natural Resources, who made this known in a statement, said the decision to impose a ban was informed by the abuse of permits granted to some loggers to harvest Rosewood in the catchment area of the Bui Dam.

“It has been found out that while some are abusing their permits and harvesting rosewood at various other locations, others have been exporting the raw wood for processing.”

According to Osah Mills, “President Mahama said illegal logging and ‘galamsey’ were combining to destroy the country’s environment when he met the National House of Chiefs in Kumasi.”

Source: Daily Guide
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