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Search Results for: Uganda

10 results out of 170 results found for 'Uganda'.

THE GREAT LAKES REGION IS SEIVE OF DIRTY MONEY GENERATED BY CRIMNAL GROUPS



The Great Lakes region in cenztral and eastern Africa is exceedingly resource rich, and being beset by instability and conflict, it is highly attractive for illicit trade and financial crime fuelling money laundering. A new European Union (EU) Great Lakes Strategy is trying to promote the rule of law in the region – notably Rwanda, Burundi, Uganda and the eastern provinces of the Democratic Republic of Congo (DRC) – but faces major challenges.…

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EU/WTO ROUND UP – EU PROPOSES NEW GENETICALLY-ALTERED FOOD REGIME



The European Commission has proposed new legislation offering more flexibility to food technologists creating new foods based on altering the genetic structure of plants. A new suggested EU regulation would create streamlined controls for plants created by ‘new genetic techniques’ or NGTs, that are less rigorous than the existing assessments and restrictions undertaken for genetically modified (GM) foodstuffs.…

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KENYA PUSHES AHEAD AS EAST AFRICA’S PAINT SECTOR POWERHOUSE



Kenya remains east Africa’s economic powerhouse and its ability to supply and encourage the region’s paint and coatings sector remains strong. Sales in paints, varnishes, pigments and other related coatings are expected to grow by 2.86% annually until 2028, according to insights from Statista (1), a Germany-based provider of market intelligence and business solutions.…

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FUNGIBLE GOLD IS GROWING PRECIOUS METAL OR STONE ML RISK



The precious metals and stones sector is increasingly under the spotlight regarding ML and TF, particularly gold. Given the fungibility of precious metals, the complexity of their supply chains and the varying levels of oversight worldwide, they continue to be an attractive means to launder money – especially gold, which remains the precious metal of choice for launderers.…

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SOMALI EXPAT ACADEMICS RETURN TO SOMALIA FOR UNIVERSITY JOBS – BUT FOR LOVE OF COUNTRY, NOT MONEYSOMALI EXPAT ACADEMICS RETURN TO SOMALIA FOR UNIVERSITY JOBS – BUT FOR LOVE OF COUNTRY, NOT MONEY



A desire to contribute to nation-building and improve standards of universities within Somalia is luring Somali intellectuals to return home to work in academia.

Professor Abdullahi Barise, the founding president of the City University of Mogadishu, said his institutions and others were welcoming this increasing number of foreign-educated Somalia lecturers and professors.…

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EU ADDS GIBRALTAR TO HIGH-RISK LIST FOR MONEY LAUNDERING



 

The European Commission has added the British overseas territory (BOT) of Gibraltar to European Union (EU) list of high-risk countries with strategic deficiencies in their anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. This latest update to the EU AML blacklist (1) means that banks and other AML obliged entities will have to apply enhanced due diligence when dealing with transactions with Gibraltar, which was ceded to the UK in 1713, having been seized during the War of the Spanish Succession.…

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SUNNY AFRICA’S SOLAR POWER STRENGTHS COULD UNDERPIN SUSTIANABLE ECONOMIC DEVELOPMENT



International solar energy providers are finding business opportunities in Africa as national governments and their development agency partners try to foster growth while targeting the United Nations’ Sustainable Development Goal 7 (SDG), which encourages access to affordable, reliable, sustainable, and modern energy for all by 2030 (1).…

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INTERNATIONAL REGULATORY ROUND UP – CAOBISCO TELLS EU TO PLAY SMART ON CORPORATE SUSTAINABILITY RULES



European Union (EU) confectionery, chocolate and biscuit industry association CAOBISCO has called on the EU to take a smart and integrated approach when amending and approving a planned EU directive on corporate sustainability due diligence. Proposed by the European Commission in February (2022), the law would insist that larger companies identify, prevent, end or mitigate their adverse impacts on human rights, (such as child labour and worker exploitation), and the environment, (such as pollution and biodiversity loss).…

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RESEARCHERS STRUGGLE TO GET POLITICAL AND SOCIAL SUPPORT TO SOLVE ENVIRONMENTAL PROBLEMS



African environmental academics are struggling to get political and social support for their solutions to problems such as the desertification in North Africa and the Sahel region.

In Africa, there is a “disconnect” between policymakers and researchers, and “to some extent, even the community”, including research findings released by academics and even research institutes, said Sanusi Bello Shamaki, professor at the Usmanu Danfodiyo University, Sokoto, north-west Nigeria.…

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DIGITAL INNOVATORS LOOK TO SPEAK GROWTH IN AFRICAN COTTON PRODUCTION AND TERADE



INTRODUCTION 

 

With the textile industry under pressure from consumers, regulators and standards to become more sustainable, companies are looking at all aspects of the supply chain – including upstream to fibre production. Digitalisation has a key role to play here, especially in supplier countries where the use of such technology is weak – such as in Africa.…

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