Search Results for: Ghana
10 results out of 168 results found for 'Ghana'.
LIVING UP TO THE CHALLENGE OF CHANGING SOURCING EQUATION
THE EVER-CHANGING sourcing equation is a challenge to the global garment and textile industry supply chain. There is talk of moving production back home to western countries – bringing it closer to market- but its viability is being questioned. Meanwhile in Asia, where the majority of clothes are currently produced worldwide, the sourcing landscape is changing, experts say.…
DRUG TRAFFICKING REPEATEDLY BREACHES SECURITY AT GHANA'S INTERNATIONAL AIRPORT
GHANA’S Kotoka International Airport (KIA) has been making the news for all the wrong reasons, from accounts of a brawl breaking out between different security services at the airport; to the interception of a shipment of Ghanaian plantain stuffed with cocaine reported by UK officials.…
GHANA'S LONG PROMISED SECOND INTERNATIONAL AIRPORT UNDERWAY
AFTER years of promises, the Ghanaian government, with some help from Brazil, is ready to make good on its pledge to equip Ghana with a second international airport. Construction under the government’s USD174 million plan to upgrade Tamale Airport, in northern Ghana, to enable it to better handle the international traffic for which it was designated in 2008, should begin this summer, according to Bernard Nyavor, the passengers director of Ghana’s Kotoka International Airport (KIA), in the capital Accra.…
SUPERBANK POWERS CHINA GROWTH BUT AUTHORS QUESTION SUSTAINABILITY
IT has been called the world’s most powerful bank. In their book ‘China’s Superbank Debt, Oil and Influence – How China Development Bank [CDB] is Rewriting the Rules of Finance’, Bloomberg journalists Henry Sanderson and Michael Forsythe describe how the “CDB’s system of local government finance has helped lift millions out of poverty and shielded the country from recession”.…
GHANA COCOA INDUSTRY GROWS, BUT WORRIES ABOUT CLIMATE CHANGE
BY PACIFICA GODDARD
GHANA is particularly vulnerable to climate change according to recent studies, putting its vital cocoa and oil palm industries under threat. The International Centre for Tropical Agriculture (CIAT), based in Bogotá, Colombia, released a study in September 2011, which claims that much of Ghana and Cote d’Ivoire will be too hot for cocoa production by 2050.…
GOOD FINANCIAL REPORTING ESSENTIAL TO EMERGING MARKET BUSINESSES
BY MJ DESCHAMPS
FOR multinational businesses, comprehensive and precise financial reporting is critical for a company’s success, and such good practice is also essential for companies striving for profits within emerging markets.
Earlier this year, the World Bank’s International Finance Corporation (IFC) released a report ‘Being the Change: Inspiring the Next Generation of Inclusive Business Entrepreneurs Impacting the Base of the Pyramid’, which highlights the IFC’s ‘inclusive business models’ strategy.…
WCO COORDINATES FAKE MEDICINE CRACKDOWN IN AFRICA
BY KEITH NUTHALL
THE WORLD Customs Organisation (WCO) has launched a crack-down on illicit medicines in 16 African countries, which sparked the seizure of more than 82 million doses of illegal pharmaceuticals. The haul included antimalarial and anti-parasitic drugs, antibiotics, cough syrups, contraceptive pills and infertility treatments, worth more than USD40 million.…
CONCERN OVER CHINESE CLOTHING AND TEXTILE DOMINANCE GROWS IN AFRICA
BY WACHIRA KIGOTHI, IN NAIROBI, AND WANG FANGQING, IN SHANGHAI
China’s powerful clothing and textile industry is looking for continued growth in sub-Saharan Africa, whose local manufacturers and brands are worrying about how to deal with the competition.
According to William Gumede, a senior research fellow at the University of Witwatersrand’s school of public and development management in South Africa, Chinese domination of Africa’s textile markets and its industry has promoted significant job losses.…
WCO COORDINATES FAKE MEDICINE CRACKDOWN IN AFRICA
BY KEITH NUTHALL
THE WORLD Customs Organisation (WCO) has launched a crack-down on fraudulent medicines in 16 African countries, seizing more than 82 million doses of illegal pharmaceuticals worth more than USD40 million. A WCO note said: "These results are alarming…" Its officers worked with the Institute of Research against Counterfeit Medicines (IRACM) and 16 national customs administrations in raids called VICE GRIPS 2, targeting seaport containers in Angola, Benin, Cameroon, the Democratic Republic of the Congo (DRC), Congo (Brazzaville), Gabon, Ghana, Guinea, Ivory Coast, Kenya, Liberia, Mozambique, Nigeria, Senegal, Tanzania and Togo.…
REGULATORY ROUND UP - EU SUGAR QUOTAS COULD STAY AS CAP REFORM DEBATE HOTS UP
BY KEITH NUTHALL
PRESSURE is growing on European Union (EU) ministers to give the EU’s sugar production quota system a stay of execution. MEPs on the European Parliament’s agriculture committee have called for the retention of EU sugar quotas for beet farmers until 2020, rather than follow existing plans to phase them out in 2015.…