Search Results for: Zimbabwe

BY RICHARD HURST
MONEY laundering is all about fake respectability, transforming the seedy and ill-gotten into the legitimate and well-earned; so in Africa, where better to launder criminal money than through the continent’s most developed economy, South Africa.

Mike Savage, partner at Ernst & Young South Africa, said that the biggest problem facing African governments wanting to seriously tackle money laundering is to pinpoint the movement of funds that are moved across porous borders in a bid to cover tracks and conceal sources.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) is facing a mass attack on its sugar export subsidies at the World Trade Organisation (WTO). They have been formally challenged by both Australia and Brazil, with the Ivory Coast, Congo, Madagascar, Columbia, Canada, Kenya, Barbados, India, Zimbabwe, Malawi, Jamaica, Swaziland, Fiji, Guyana and Mauritius expected to line up behind them in support.…

BY KEITH NUTHALL
FINANCIAL restrictions should be imposed on companies, businessmen, ministers and soldiers charged with involvement in the shameless plundering of the mineral resources of the Democratic Republic of the Congo (DRC), a United Nations (UN) committee established to investigate the problem has concluded.…

BY MATTHEW BRACE
THREE software programmes developed by Australia’s Cooperative Research Centre for Mining Technology and Equipment are enabling mines to make better use of powerful geo-sensing techniques. By providing a cheap and easy way to process and interpret data, the programmes are removing impediments to the use of tools that provide much greater geological certainty.…

BY ALAN OSBORN
CIGARETTES have changed a great deal in recent years though not all smokers may realise by just how much. Once it was commonplace to roll your own, using local tobaccos. Today the market is dominated by filters and international brands, many of them ranking among the world’s best-known consumer products.…

BY RICHARD HURST
USA President George W. Bush has approved 35 African countries as eligible for tariff preferences regarding clothing and textile exports to America under the African Growth and Opportunity Act (AGOA), with Zimbabwe and Gambia being notable sub-Saharan African pariahs from the move.…

BY KEITH NUTHALL
A HOLISTIC global campaign against HIV/AIDS has been agreed by Rome-based UN agencies: the Food and Agriculture Organisation, the International Fund for Agriculture Development and the World Food Programme. The trio will work to minimise the effect on food production of AIDS epidemics in countries where the disease is particularly widespread, namely Cambodia, China, Ethiopia, Kenya, Malawi, South Africa, Tanzania, Uganda, Zambia and Zimbabwe.…

BY RICHARD HURST, in Johannesburg
THE UNITED States’ House of Representatives has voted overwhelmingly to double the quota of clothing and textile products that a group of African countries can export to the US duty free, increasing them from 1.5 per cent of overall US imports to three per cent.…

BY RICHARD HURST
THE SOUTH African government is reported to be considering a proposal by Zimbabwe and Mauritius for the removal of clothing and textile tariffs to be brought forward from the year 2006 to 2004.

The two countries have also asked the Department of Trade and Industry in Pretoria to amend its rules of origin, to speed up the implementation of the existing Southern African Development Community, (SADC), agreement.…

BY RICHARD HURST, in Johannesburg
THE SOUTH African government is considering a request from Zimbabwe and Mauritius to expedite the removal of tariffs on textiles and clothing imports from their countries. The existing agreement in the Southern African Development Community, (SADC), caters for the removal of such tariffs by the year 2006.…