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Search Results for: Botswana

10 results out of 71 results found for 'Botswana'.

ICAO BUDDY SYSTEM HELPS EMERGING MARKET COUNTRIES PREPARE FOR CORSIA

A BUDDY training system has been launched by the International Civil Aviation Organisation (ICAO), enabling countries with significant regulatory capacity to help other states prepare for the upcoming CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) scheme. ICAO has been training national officials to advise on ensuring CORSIA’s legal requirements are written into local laws and also on building the emissions data monitoring, reporting and verification systems they need to measure their airlines’ carbon footprint.…

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INTERNATIONAL AGRI-RESEARCH INITIATIVE AIMS TO CREATE AFRICAN REGIONAL RESEARCH HUBS FOR RURAL DEVELOPMENT

MAJOR universities from six African countries will next year (2019) be able to develop their services through each receiving USD20 million grants from the World Bank, via a regional rural development research initiative, with the money designed to turn these institutions into regional hubs for agricultural learning.…

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AFRICAN COMMONWEALTH ANTI-CORRUPTION CENTRE TARGETS GROWTH THROUGH FIGHTING GRAFT

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.…

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TRUMP ADMINISTRATION’S MOVE TO SHUTTER INTERNATIONAL RESEARCH INSTITUTION WOULD HAVE OUTSIZED IMPACT ON AFRICAN UNIVERSITIES

A PROPOSAL to cut funding for the Fogarty International Center from the upcoming USA federal government budget by President Donald Trump’s administration has prompted an outcry from academics and educators across Africa.

For decades Fogarty, part of the USA National Institutes of Health (NIH), has been instrumental in developing medical teaching and research capacity on the continent.…

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‘TAX INSPECTORS WITHOUT BORDERS’ SEND EXPERTS TO HELP DEVELOPING COUNTRIES BOOST TAX TAKES

Demand is growing for a major international programme designed to support developing countries build up their tax audit capacity and – critically – the funding is there to meet that need. Launched as a joint initiative of the Organisation for Economic Co-operation & Development (OECD) and the United Nations Development Programme (UNDP) in July 2015 after an initial pilot phase, Tax Inspectors Without Borders (TIWB) sees tax experts work side-by-side with local officials in developing and emerging markets.…

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AFRICA STARTS TO ADOPT PUBLIC ACCOUNTING STANDARDS – BUT THE JOB WILL NOT BE EASY

WITH the economies of sub-Saharan Africa emerging from past poverty, informality and occasional chaos, the regularisation of the region’s public sector accounts is increasingly viewed as an important way of ensuring growing tax revenues are spent wisely.

As a result, accounting experts have been encouraged by growing moves to adopt International Public Sector Accounting Standards (IPSAS).…

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DIAMOND INDUSTRY REMAINS TOUGH SECTOR FOR MONEY LAUNDERING CONTROLS

THE DIAMOND trade is still one of money launderers’ best friends due the precious stone’s high value to mass ratio, akin to the highest value banknotes that can be obtained. Indeed, it is maybe harder to trace diamonds than numbered banknotes, there is no reliable means by which the point of origin of a particular diamond can be ascertained just by examining it.…

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FINANCIAL CAPACITY BUILDING ESSENTIAL IN AFRICA TO PRESERVE DECADE OF ROBUST ECONOMIC GROWTH

THE MODERATION of growth across sub-Saharan Africa last year to 1.5%, (according to the World Bank), from an average 5-7% per annum in the previous 10 years, may signal that the region needs to firm up its financial professions and institutions to help preserve its recent economic gains.…

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NEW VEHICLE SALES INCREASE IN BOTSWANA

Vehicle registration in the landlocked southern African diamond-rich Botswana has surged over the past decade, with vehicle numbers increasing at an average annual 9.4% rate since 2006, according to statistics from the country’s department of road transport and safety.

The sudden ballooning sales for a country of just over 2 million people, which recently celebrated its golden jubilee independence, has ignited other auto industry support businesses – parts sales shops, car breakers and insurance companies selling motor vehicle insurance – and is fuelled by transactions made for both new and used cars sales.…

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BOTSWANA’S FIRST TEXTILE AND CLOTHING TRAINING SCHOOL OPENS

Botswana’s first vocational training school for the textiles and clothing sector has opened its doors, aiming to close the skills gap restricting the growth of the industry in this southern African country.

Farhan Ghafoor, general manager for the Textile and Clothing Institute of Botswana (TCIB), told just-style one of the biggest challenges facing the industry in Botswana is the “chronic shortage of skilled personnel”.…

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