Category Archives: Private sector

World Bank accused of ‘turning blind eye’ to sexual abuse in Kenyan schools it funded

Posted on by

Calls grow for independent inquiry after the bank’s internal watchdog found 21 cases of child sexual abuse by teaching staff

The World Bank has been accused of failing to prevent child abuse at a school chain it funded in Kenya.

The bank’s internal watchdog, the Compliance Advisor Ombudsman (CAO), found that the bank’s International Finance Corporation (IFC) had failed to satisfy its own environmental and social requirements before it started funding Bridge International Academies in 2014, and during its supervision of its investment in the project, which came to an end last year.

Continue reading...

‘We give our blood so they live comfortably’: Sri Lanka’s tea pickers say they go hungry and live in squalor

Posted on by

Top tea firms investigate as plantation workers say they have to pick 18kg a day but still skip meals and make their children work

Some of the world’s leading tea manufacturers, including Tetley and Lipton, are examining working conditions on the plantations of its Sri Lankan suppliers, following a Guardian investigation.

Two global trade-certification schemes, Fairtrade and the Rainforest Alliance, are also conducting inquiries after it was revealed that some workers on 10 certified estates could not afford to eat and were living in squalid conditions.

Continue reading...

Neglect Africa now and we will face labour shortages globally, IMF warns

Posted on by

West’s response to effects of Covid and Ukraine war condemned as shortsighted ‘collective failure’ to invest in future human capital

The international community would be “playing with fire” if it failed to help Africa recover from Covid and the impact of the Ukraine war, the International Monetary Fund’s director for the continent has said.

Failure to invest and support the continent was shortsighted and detrimental to the global economy, as half of the new entrants into the global workforce over the next decade would come from sub-Saharan Africa, Abebe Aemro Selassie, director of the IMF’s Africa department, told the Guardian.

Continue reading...

UK accused of abandoning world’s poor as aid turned into ‘colonial’ investment

Posted on by

Rebrand of Foreign Office’s development arm, seen as effort to rival China’s loans, will shift aid to private sector, warn NGOs and unions

The British government has been accused by NGOs and trade unions of “chasing colonial post-Brexit fantasies” at the expense of the world’s poorest as they urge Liz Truss to keep aid focused on poverty reduction rather than geopolitical manoeuvring.

In a joint letter to the foreign secretary, the group criticises the rebranding of the UK’s development investment arm, which will see the Commonwealth Development Corporation (CDC) become British International Investment (BII) next year.

Continue reading...

‘It opened my eyes’: Lesotho ski resort goes off-piste to keep workers

Posted on by

The pandemic has hit tourism but retraining and a range of initiatives have enabled staff to stay and even hit the slopes

Masiane Nthina made her way nervously from the kit room to the slopes. Shuffling with skis on her feet for the first time is not easy.

Nthina, an intern at the Lesotho Tourism Development Corporation, lives close to Afriski Mountain Resort, but had never visited it. She had always viewed the resort as the preserve of the elite and thought that on her meagre wages she could not afford to go.

Continue reading...

Campaigners lose court case to stop Ugandan forest clearance

Posted on by

Court ruling gives go-ahead for sugar plantation in Bugoma forest, home to endangered chimpanzees

Conservationists in Uganda have condemned as “shallow and absurd” a court ruling that authorised the government to allow swathes of a tropical forest to be cleared for a sugar-cane plantation.

Three environmental groups had taken the government to court over a decision to allow Hoima Sugar Ltd to build on 5,500 hectares (13,500 acres) in the Bugoma Forest Reserve.

Continue reading...

Lesotho firm first in Africa to be granted EU licence for medical cannabis

Posted on by

Breakthrough could create thousands of jobs for villagers and help exports to other markets

A company in Lesotho has become the first in Africa to receive a licence to sell medical cannabis to the EU.

The country’s top medical cannabis producer, MG Health, announced it had met the EU’s good manufacturing practice (GMP) standards, allowing it to export cannabis flower, oil and extracts as an active pharmaceutical ingredient.

Continue reading...

The UN food systems summit will consider all stakeholders’ interests | Letter

Posted on by

Dr Agnes Kalibata responds to a report on the 2021 summit that she is leading as a special envoy for the UN secretary general

As you note in your article (Farmers and rights groups boycott food summit over big business links, 4 March), farmers have for too long been on the fringes of global discussions about hunger, poverty and climate change, despite being the frontline of our food systems and the custodians of our natural resources.

The UN food systems summit marks a momentous opportunity for farmers, producers and many others who support them to be at the heart of the year-long consultative process that has been launched to improve our shared food system.

Continue reading...

Farmers and rights groups boycott food summit over big business links

Posted on by

Focus on agro-business rather than ecology has split groups invited to planned UN conference on hunger

An international food summit to address growing hunger and diet-related disease is in disarray as hundreds of farmers’ and human rights groups are planning a boycott.

Related: 'A shame for the world': Uganda's fragile forest ecosystem destroyed for sugar

Continue reading...

Poor nutrition in developing countries is costing firms $850bn annually – report

Posted on by

Business is paying a high price for inadequate diets of employees, research shows, with experts calling on companies to provide living wage and subsidised food

Malnutrition among workers in developing countries is costing businesses up to $850bn (£676bn) a year, according to analysis of the hidden impact of poor diet on productivity.

Worst affected were industries relying on manual labour, including mining, agriculture and construction, according to a report [pdf] by Chatham House and the consultancy Vivid Economics. But it found big losses caused by malnutrition in all 13 business sectors studied, including health and education.

Continue reading...

‘A shame for the world’: Uganda’s fragile forest ecosystem destroyed for sugar

Posted on by

Conservationists say clearance of Bugamo reserve for plantation is blow to biodiversity and country’s reputation on wildlife

Conservationists have branded a decision by the Ugandan high court to allow swathes of forest to be cleared for a sugarcane plantation “an unforgivable shame for all people”.

Work to clear 900 hectares (2,223 acres) of Bugoma Forest Reserve, in Hoima, began last month after the court ruled that the land, leased by Hoima Sugar Company Ltd, lay outside the protected area of the forest. The court ordered the National Forestry Authority (NFA), which manages it, to vacate the land and remove the military officers who had been guarding it. The NFA has appealed the decision.

Continue reading...

Labour vows to make UK development bank a champion of climate justice

Posted on by

Key manifesto pledge includes ending investment in fossil fuel projects and supporting ‘green transitions’ abroad

Labour has pledged to review how hundreds of millions of pounds of foreign aid is spent through the government’s private finance arm and rebrand it as a green development bank.

In a key manifesto commitment, Labour promised to overhaul the CDC, which has received £2bn from the aid UK budget since 2016 to invest in projects in poorer countries.

Continue reading...

UK development bank launches inquiry after murder of Congolese activist

Posted on by

Independent investigators to explore alleged involvement of security guard for palm oil company supported by CDC

An independent investigation has been launched following the alleged murder of a Congolese activist by a security guard in the employ of a palm oil company part-funded by the UK development bank.

CDC, which is wholly owned by the Department for International Development, appointed independent investigators to examine the circumstances surrounding the death of Joël Imbangola Lunea, a 44-year-old father of eight, in Bempumba on 21 July.

Continue reading...

Bob Geldof’s firm’s use of tax haven is legal, but the system hurts African nations

Posted on by

Private equity company 8 Miles channels funds through Mauritius in a ‘depressingly routine’ arrangement

At their closest point, Europe and Africa are just eight miles apart. That’s the inspiration for the name of Sir Bob Geldof’s private equity firm, 8 Miles, set up to channel investment into successful businesses in Africa.

But we learned last week that 8 Miles’ cash travels considerably further than this on its way from one continent to the other. It has established a cluster of companies in Mauritius, in the Indian Ocean, which funds pass through.

Continue reading...

EU moves to tackle deforestation caused by chocolate and other products

Posted on by

Campaigners hail scheme to protect and restore forests around the world as ‘pivotal step’ towards ensuring goods remain untainted

The EU has taken a “pivotal step” towards addressing the deforestation caused by its consumption of soy, chocolate, meat and other products, environmental campaigners have said.

The EU said this week it had set out a new plan to protect and restore the world’s forests, which involves working with governments to promote better use of land and resources, managing supply chains, and carrying out research. A possible new regulation to “minimise the impact of EU consumption on deforestation and forest degradation” will also be assessed under the plan.

Continue reading...

Aid sector action to tackle abuse ‘completely unsatisfactory’, say MPs

Posted on by

International development committee evidence session on fighting sexual misconduct finds little has changed

Private aid companies and charities will be asked to reappear before MPs, after evidence given on tackling sexual abuse was condemned as “completely unsatisfactory”.

Stephen Twigg, chair of the international development committee (IDC), said he intended to invite representatives of both groups back.

Continue reading...