Search Results for: Kenya

CORRUPTION saps economic competition that drives productivity improvements and grows emerging market economies – this is a key reason behind the establishment of the Commonwealth Africa Anti-Corruption Centre (CAACC). Another is the established link between the perception of risk from corrupt practices in a country and foreign economic investment.…

A SOMALIA air traffic control organisation has taken control of the country’s civilian airspace 26 years after the collapse of the country’s government left ATC affairs in the hands of the International Civil Aviation Organisation (ICAO). The handover of control to the Somali Civil Aviation and Meteorology Authority (SCAMA) happened on December 28 (2017).…

SENIOR figures in Somalia’s education and employment sector are calling on the country’s increasingly influential government to bring down the numbers of tertiary colleges and universities to better match the lower number of graduates from secondary schools.

The proliferation of universities within Somalia, especially private organisations, as peace has taken root in the country, has prompted concern among experts that standards of education has weakened.…

WITH tobacco being a key driver of Zambia’s agriculture sector and a past reliable source of export earnings, a recent decline in leaf production has taken a heavy toll on this southern African country’s economy. Indeed, Zambia saw its agricultural foreign exchange earnings (of all farm-based products) fall by USD100 million in 2017, according to Zambia’s agriculture ministry.…

THE NONWOVENS market in the Middle East and Africa (MEA) is increasingly important to the global nonwovens industry, with rising consumer demand being generated by middle classes that are growing in size. Countries in the region are also comparatively young, with high birth rates, boosting demand for diapers and wipes.…

THE DE-RISKING by banks of their correspondent banking relationships is a long-standing problem and is today becoming a truly global phenomenon. From the Caribbean to the Pacific Islands, to Middle East, Africa and Eastern Europe, banks have lost correspondent relationships with international financial institutions.…

FINANCIAL fraud, as all practitioners know, has become increasingly international, a trend that will doubtless continue. For law enforcers based on national units of theoretically sovereign countries, this poses challenges, and one particularly tough nut to crack are procedures to extradite suspects to face trial in the country where their alleged victims reside.…

SUB-SAHARAN Africa continues to grow as a key market for personal care product brands, with enlarging middle classes providing more spending power – however, the region’s most mature market – South Africa – has been experiencing some stagnation.

The rest of the region still is performing as emerging markets should – with growing sales, even when uneven across categories, giving brands much hope for the future.…

OECD SAYS 49 JURISDICTIONS WILL AUTOMATICALLY EXCHANGE TAX INFORMATION THIS YEAR

THE IDENTITY of 49 jurisdictions that will automatically exchange tax information in 2017 under a global standard has been revealed by the Organisation for Economic Cooperation & Development (OECD).…

AIRPORTS Council International (ACI) is to launch in the New Year a pilot programme designed to boost environmental good practice in airport management. The organisation’s director general Angela Gittens told a seminar on green airports, at the International Civil Aviation Organisation (ICAO), in Montréal, Canada, that the roll out would begin at Mariscal Sucre International Airport, Quito, Ecuador.…