Search Results for: Ghana

Only a handful of countries in the Middle East and Africa have dedicated whistleblowing laws – South Africa, Mozambique, Zambia, Uganda, Ghana, Liberia, Algeria, Morocco, and the Israel-occupied Palestinian territories, according to Blueprint for Free Speech, a charity promoting freedom of expression (https://www.blueprintforfreespeech.net/).…

THE INTERNATIONAL chocolate industry has been making all the right noises about practising due diligence over supply chains, so that brands ensure their cocoa is grown and processed responsibly – environmentally and socially. But doubts persist among NGOs that enough checks are made by companies and supplier country partners (including governments) and when wrongdoing is discovered it is contested effectively, in the confectionery and other sectors.…

GIVEN the hundreds of billions of dollars spent by banks on fighting money laundering, fears that trade-based money laundering (TBML) remains widespread, as stressed by FATF, the APG (http://www.fatf-gafi.org/publications/methodsandtrends/documents/trade-basedmoneylaunderingtypologies.html), and most recently, the European Commission (https://ec.europa.eu/info/sites/info/files/supranational_risk_assessment_of_the_money_laundering_and_terrorist_financing_risks_affecting_the_union_-_annex.pdf), are of serous concern. The World Trade Organisation (WTO) said that in 2018, global merchandise exports were worth USD19.48 trillion, so there is plenty of place for laundered money to hide.…

ANTI-money laundering maybe a career that financial and legal professionals increasingly follow, but the training and qualification structure for AML/CFT is still emerging and solidifying, and there are doubts whether it will ever coalesce into a formal global structure, akin to FATF recommendations.…

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.…

Airbus is to pay out EUR3.6 billion (USD4 billion) under a trio of deferred prosecution agreements (DPAs) with British, French and United States authorities that were simultaneously agreed by national courts January 31 as part of a global resolution over bribes to clinch civil and military aircraft sales.…

Brands delivering natural skin care, hair and colour cosmetics items are responding to the growing sophistication of consumers in West Africa who are increasingly looking to purchase natural products. Businesses in the region’s beauty sector say quality levels are improving, with manufacturing executives telling Soap Perfumery & Cosmetics (SPC) at the Beauty West Africa Conference, in Lagos, on November 18-20 (2019), that local products are improving, with aromas and textures becoming more sophisticated, and products being delivered in increasingly eye-catching packaging.…

The challenge to increase the participation of African women in science, technology and innovation (STI) tertiary education jobs and courses could be addressed by increasing the amount of such topics taught to girls in primary and secondary schools, Prof. Alice Pell, the former vice provost at New York state, USA’s Cornell University, told a conference of senior female African academics.…

Universities and other institutions of higher learning should incorporate well-structured capacity building programmes that target women at all levels of the academic life within strategic policies to promote gender inclusivity in science, technology and innovation (STI), an African HE conference has been told.…

INDIA maybe a populous and diverse country with its 1.36 million potential consumers who speak 22 languages, but one company maintains a strong, even dominant, position in India’s fast-growing chocolate market which saw sales of USD1.8 billion in 2018, according to GlobalData – Mondelēz International Inc’s Cadbury brand.…