Search Results for: Eswatini
9 results out of 9 results found for 'Eswatini'.
ESWATINI GOVERNMENT PULLS THE PLUG ON SPONSORING HUMANITIES STUDENTS
The government of Eswatini has stopped scholarships for bachelor of arts (BA) in humanities degrees in the country’s key public HE institution, the University of Eswatini (UNESWA), with effect from the 2025/2026 academic year.
Prospective and current students who were hoping to secure public financial assistance for BA courses such as English, geography, history, religious studies and African languages.…
TAIWAN FORGES AHEAD WITH AML/CFT DESPITE SCANT DIPLOMATIC RECOGNITION
Taiwan’s sovereignty as the Republic of China may remain unrecognised by all but 12 countries (including the Vatican State) (1), but it is a full member of the Asia/Pacific Group on Money Laundering (APG) and has been making significant progress on AML/CFT.…
ESWATINI HIGHER EDUCATION FINANCIAL STRUGGLES PROMPTS PROTESTS
The southern African kingdom of Eswatini’s (formerly Swaziland) higher education sector is facing tough times ahead as two high profile universities are undergoing financing squeezes. The University of Eswatini (UNESWA), the country’s largest public national HE institution and the Southern Africa Nazarene University (SANU) – also public – are struggling with debts.…
FATF SAYS VASP AML REFORMS HAVE HALTED IN PAST YEAR
A Financial Action Task Force (FATF) paper has warned that governments are failing to increase AML/CFT controls on virtual assets and virtual asset service providers (VASPs), with only 25% of those surveyed fully or largely compliant with FATF guidance (1).
Of these 130 jurisdictions assessed under the latest mutual evaluation reports and follow up checks, the 75% proportion of those partially or not compliant with FATF recommendation 15 on VASPs and other new tech, “is identical to that of April 2023…and shows negligible improvement,” said FATF.…
THE VIRTUAL CURRENCY WORKS EXPANDS AND DIVERSIFIES – INCREASING HEADACHES FOR AML REGULATORS
The doomsayers who in 2022 predicted the collapse of cryptocurrency as a major payment instrument have been proved wrong, meaning that AML regulators and obliged entities will need to focus hard to fight the abuse of these digital payment systems by criminals.…
SOUTH AFRICA PAINT AND COATING SECTOR FACES TOUGH ENERGY SUPPLY PROBLEMS – BUT LONG-TERM OUTLOOK IS POSITIVE
South Africa’s paints and coatings market is expected to generate USD2.1 billion by 2026 after growing at an estimated 5.6% compound annual growth rate (CAGR) between 2021 and 2026. This is according to India-based market research and data analytics provider IndustryARC (1).…
AFRICA’S CIVIL AVIATION SECTOR GROWS, BUT FACES CHALLENGES TO BUILD SUSTAINABLE REGIONAL MARKET
AFRICA is commonly hailed as the world’s next big focus of economic growth, but for the civil aviation industry, this prospect will require significant investment in new intra-African routes and related airport and ATC infrastructure. It will also require governments to remove immigration barriers preventing African air travellers flying to other countries on their home continent.…
KENYAN PAINT COMPANIES FACE RISING COSTS – BUT BOOMING CONSTRUCTION MEANS THAT SALES WILL STILL GROW
WITH Kenya’s economy still growing fast – its GDP is projected to increase by 5.8% this year (2019) east Africa’s economic hub is expected to provide the paint and coatings sector plenty of extra sales. Such growth in the construction industry is reflected in its neighbouring countries, notably Ethiopia, Kenya, Rwanda, Tanzania and Uganda, offering additional sales for companies with the scale to score regional sales.…
AFRICAN SOURCING AND FASHION WEEK EXPLORES HOW CONTINENT’S CLOTHING AND TEXTILE SECTOR CAN GROW SUSTAINABLY
As he took in the fourth Africa Sourcing and Fashion Week (ASFW) in the Ethiopian capital of Addis Ababa last week, Kenneth K Han, managing director of Shints ETP Garment Plc, said he is optimistic over the country’s potential in the textile and apparel sector, despite many challenges.…