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Ethiopian Farms Lure Investor Funds as Workers Live in Poverty

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12/31/09

  01:23:21 am, by admin, 301 words  
Categories: Ethiopia, Agriculture

Ethiopian Farms Lure Investor Funds as Workers Live in Poverty

Omeud Obank, a security guard, center, poses while at a palm oil plantation owned by Karuturi Global Ltd., in Elliah, Ethiopia, on Oct. 28, 2009. Photographer: Jason Mclure/Bloomberg

STORY HIGHLIGHTS

  • Indian company Karuturi Global Ltd., is leasing 300,000 hectares (741,000 acres) of land, an area larger than Luxembourg in Gambela.
  • The land is FREE for the first six years and after that, it will pay 15 birr (U.S. $1.18) per hectare per year for the next 84 years [or until the end of Woyane regime, which ever comes first]
  • Ethiopian workers get less than the World Bank’s $1.25-per-day poverty threshold
  • company expects to earn more than $100 million by 2013
  • Ethiopian government plans to allot 3 million hectares, or about 4 percent of its arable land, to foreign investors over the next three years.
  • Ethiopians are being exploited in their own country by foreigners
  • Ethiopians in the region were not consulted when their land was taken over by foreigners

Ethiopian Farms Lure Investor Funds as Workers Live in Poverty

Dec. 31 (Bloomberg)
-- Until last year, people in the Ethiopian settlement of Elliah earned a living by farming their land and fishing. Now, they are employees.

Dozens of women and children pack dirt into bags for palm seedlings along the banks of the Baro River, seedlings whose oil will be exported to India and China. They work for Bangalore- based Karuturi Global Ltd., which is leasing 300,000 hectares (741,000 acres) of local land, an area larger than Luxembourg.

The jobs pay less than the World Bank’s $1.25-per-day poverty threshold, even as the project has the potential to enrich international investors with annual earnings that the company expects to exceed $100 million by 2013.

“These Indians do not have any humanity,”
“Just because we are poor it doesn’t make us less human.”

Mr. Obank, Ethiopian worker of Karuturi



Read Full Report from Bloomberg News

130 comments

1 2 3 4 5 6 7 8 9 >>

Comment from: messay [Visitor]
messay

$1.25-per-day thats sad.be strong ma ppl dont give up

12/31/09 @ 01:36
Comment from: Thomas H [Visitor]
Thomas H

Hi All,
1.The company will create up to 20,000 jobs.They are creating jobs where there were none.
2.It has plans to build a hospital, a cinema, a school and a day-care center in the settlement.
3. After six years,the company is going to pay 4,500,000.00 Birr/year for land rent fees.
4.The government is going to get revenue from corporate income taxes(up to 40%).
6.The company will transfer modern farming technology to Ethiopia.So, the local farmers will learn modern farming technology with out going to school and paying tuition fees.
5. Finally to those neftegnas who cry day in day out,this land has never been used in the past 3000 years.It was just sitting idle for 3000 years.

12/31/09 @ 01:56
Comment from: eselem [Visitor]
eselem


This dictator is a loco polo. He will do anything for money to embezzle it. Towards money he is like a rabid dog. He came to power not to govern the people of Ethiopia democratically.He came to power to destroy the country and to loot.

12/31/09 @ 01:57
Comment from: antonio [Visitor]
antonio

its clear the americans are not happy seeing the indians and chinesse are working with african countries…what a white man up to is just hit and run…get the resource and run…..so this kind of settlement pissed them off..sorry western countries…its about that time for afrca to determine its own destiny…stop crying crocodile tears for us we know what is good and bad……ethiopia has a land and history of 3000 years…..some 3000years old virgin fertile soil…its up to us to do what we like…

12/31/09 @ 02:14
Comment from: antonio [Visitor]
antonio

“desperate for cash ethiopian government is selling …” bloomberg how about “desperate for cash california governor is in china to borrow,,,,,,” which one sounds real bad…heheheheh..i leave the answer to humans with conscious…happy new year and peace to the world!

12/31/09 @ 02:19
Comment from: ፊታውራሪ Free [Member]

The jobs pay less than the World Bank’s $1.25-per-day poverty threshold, even as the project has the potential to enrich international investors with annual earnings that the company expects to exceed $100 million by 2013.
……

Under the agreement with Ethiopia’s government, Karuturi pays no rent for the land for the first six years. After that, it will pay 15 birr (U.S. $1.18) per hectare per year for the next 84 years.

Land of similar quality in Malaysia and Indonesia would cost about $350 per hectare per year, and tracts of that size aren’t available in Karuturi Global’s native India, Karuturi said.

….

Workers in Elliah say they weren’t consulted on the deal to lease land around the village, and that not much of the money is trickling down.

….

The project will give the government revenue from corporate income taxes and from future leases, as well as from job creation, said Omod Obang Olom, president of Ethiopia’s Gambella region and an ally of Prime Minister Meles Zenawi’s ruling party.

Simply Outrageous! Only time will tell whether Ethiopians will allow the pillaging of their country by mercenaries and foreigners for 84 years! The regime in Ethiopia is unelected therefore illegitimate to do business with foreigners especially in the area of leasing and selling natural resource such as the arable lands in Gambela and else where in the country. Ethiopia’s one hectare of land(Be it in Afar, Ogaden, Benishangul..), which has been protected by our blood up till treasonous woyane’s took over power by force and started selling it for a cent, is definitely worthy of more than 1.18 dollar a year, and there is no way we will allow foreigners to collect billions of dollar while we suffer from chronic food shortage. No amount of job creation that pays only 1 dollar a day or corporate tax that amounts less than half of the profit will stop Ethiopians from ousting the cancerous regime on power first and second the foreign looters from our land. If i were any corporate executive that is “investing” in Ethiopia, i would take a serious note concerning the fact that any agreement with the treasonous regime on power is considered null and void by the vast majority of Ethiopians. Therefore, the leasing period will expire whenever the regime is toppled from power, and that can happen not 84 years from now but anytime in the coming decade. It could be a year from now.

12/31/09 @ 02:23
Comment from: Ethiopian [Visitor]
Ethiopian

Weyanes sell every governmental organization by the name privatization since they seize power. Every thing is for sell by Weyanes .You “Gangesters” and “Dureyes” where do you take all the money.

12/31/09 @ 02:30
Comment from: hailu [Visitor]
hailu

good job eprdf

12/31/09 @ 02:40
Comment from: Lij [Visitor]
Lij

Thomas H.

The whole world would have been in a more suitable state had all the empty words and promises been fulfilled by these multinationals. What is happening is pure injustice and sooner or later it will blow up.

12/31/09 @ 02:45
Comment from: Cobra. [Visitor]
Cobra.

Something not quite wright.

Cobra.

12/31/09 @ 03:19
Comment from: Positive Thinker [Visitor]
Positive Thinker

To so called Free and the like: what happened to reading an article in full. Didn’t your parent teach you to read the entire article before you start offering your simple mind comments? I hate to tell you there is more to the article than what quoted in your stupid remark. Here are a couple of paragraph from the same article you are referring to: The company will create up to 20,000 jobs and has plans to build a hospital, a cinema, a school and a day-care center in the settlement. The company is creating jobs where there were none BEFORE. “The project may help cover part of the $44 billion a year that the UN Food and Agriculture Organization says must be invested in agriculture in poor nations to halve the number of the world’s hungry people by 2015”. I don’t know what to say except people like you make me vomit and hate to be habesha/African with you in it. Unfortunately, that is what a place of birth does to you.
For my poor farmers/workers, if you want to combat inequitable pay do the same as the workers in developed countries did learn the trade quickly, organize and demand for equitable pay. ORGANIZE …. ORGANIZE BABY!!! That is the solution for any injustice at work place. My fellow concerned Ethiopians who care about these poor farmers please don’t give the morons like FREE a chance to destroy there and there kids’ future.

God help us from people like you!!!!

12/31/09 @ 03:27
Comment from: QASSIM [Visitor]
QASSIM

Thomas H
I UNDERSTAND WHERE YOU ARE COMING FORM, DONT GET ME WRONG HERE.HOW EVER, BARE IN MIND, THIS IS HOW A WAR STARTES. WHENE THE A CENTERAL GOVERNMENT TAKES ADVANTAGES OF POOR LOCALS.
SECOND, YOU STATED THE COMPANY HAS PLANS TO DO GOOD FOR THE COMMUNITY, YOU AND I KNOW THAT ISN’T GOING TO HAPPEN. WE ETHIOPIANS ARE ARE VERY GOOD AT PLANNING BUT WE HARDLY EXECUTE ANY OF IT. I’LL GIVE YOU MY WORDS 10 YEARS FROM NOW WE WILL LOOK BACK AND REALIZE WHAT HAS HAPPEN IS WRONG BUT, AS USUAL, WE WAKE UP TOOL LATE.

12/31/09 @ 03:30
Comment from: Koreconch [Visitor]
Koreconch

ለዚህ ሁሉ ያበቁን የዉጮች ሳይሆኑ የኛወቹ መሆናቸዉን
ተገንዝበዋል????????? ልብ ይበሉ:no:

12/31/09 @ 03:36
Comment from: Moti [Visitor]
Moti

Thomas H.,

You are without doubt a shameless Woyane thug who is paid to propagate false information.

You can not convince a single independent minded Ethiopians who are robbed of their land and liberty.

Do you think Ethiopians care when Woyane terrorist regime get millions of money in return of selling their land???

Do you think those Ethiopians who have lost their own land care for being employment as laborers???

You f$#k’n backward primate with a minuscule brain!

12/31/09 @ 03:58
Comment from: Dereje [Visitor]
Dereje

Is this Asmarino.com?

Bacteria Eritrianica is all over this website.

The money comes from EXPORT TAXES!!!

Ethiopia earned over $100 Million for cut flowers this past year, even in bad wrold economy. Crop exports will earn much more $$$.

Class dismissed, children!

12/31/09 @ 04:00

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