South Africa looks to sell some of its $1bn rhino horn stockpile

Posted by Washington Post: Juliet Eilperin on July 4th, 2013
Reuters: South Africa is seeking permission for a one-off sale of some of its $1bn stockpile of rhino horn to finance conservation and potentially flood a thriving black market, its environment minister said on Wednesday. However, conservation groups fear the plan could end up increasing demand in major markets such as Vietnam, where the horn is sought after for use in traditional medicine, as well as enriching black-marketeers. Environment minister Edna Molewa told reporters that South Africa, home......

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