Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

In rare climbdown, Kazakh leader delays land reforms for five years

Published by Business Insider on Thu, 18 Aug 2016


ASTANA (Reuters) - Kazakh President Nursultan Nazarbayev on Thursday deferred for five years a plan to lease large areas of farmland to foreign investors, in a rare climbdown that followed a wave of protests in a country he has controlled since 1989.The protests, in April and May, were sparked by fears the reforms would allow foreigners - especially Chinese companies - to take over farmland, though many Kazakhs also demonstrated to express general discontent at Nazarbayev's rule.To defuse the tensions, which followed a crash in the price of Kazakhstan's main export oil and a sharp depreciation of the local tenge currency, Nazarbayev in May delayed the reforms until the end of this year.He also set up a commission to review them and, citing its proposal, said on Thursday the legal changes, initially due to take effect last month, would now be shelved for five years."We need to study the global practices again and explain (the reform) properly to the population, which requires additional time," Nazarbayev's office quoted him as saying in a statement.The public protests, which took place in several major cities, were relatively small. But even that is rare in the former Soviet republic where Nazarbayev, 76, has tolerated little dissent.Police detained dozens of protesters most of whom were either fined or jailed for up to 15 days. Several leading activists have been charged with more serious violations and face longer prison terms.(Reporting by Raushan Nurshayeva; Writing by Olzhas Auyezov; editing by John Stonestreet)Join the conversation about this story
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs