Search Results for: Tanzania
10 results out of 164 results found for 'Tanzania'.
SUB-SAHARAN AFRICA AIRPORT SECTOR EXPANDS AS AIR TRAFFIC PUSHES FACILITIES TOWARDS CAPACITY LIMITS
AFRICA is without doubt the continent to watch for airport and air traffic control investment in the future. It is the world’s second most populous continent (home to more than 1.2 billion people), and according to Airports Council International (World) – ACI World – Africa was the fastest growing region for air passenger traffic in 2017 and 2018, which rose 6.3% in 2017 year-on-year and 10.8% in 2018 to June year-to-date, year-on-year.…
UGANDA CFO EXPANDS BANK’S DIGITAL SERVICES THROUGH ETHICAL AND HOLISTIC LEADERSHIP
Digital disruption has been transforming banking services worldwide, and Africa, with its important m-commerce sector, has been in the frontline of this change – a fact not lost on established bank executives, such as Samuel Fredrick Mwogeza, the chief financial officer of Stanbic Bank Uganda Ltd.…
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.…
UK’S GROUNDBREAKING FIRST DPA SUCCESSFULLY ENDS
The UK’s first deferred prosecution agreement (DPA) that the Serious Fraud Office (SFO) struck with Standard Bank in 2015, ended successfully on November 30, in a milestone moment for the British criminal justice system. The SFO said that Standard Bank had “fully complied with” the terms of the DPA, including covering SFO costs of GBP330,000 (USD382,135) and in May 2016 paying USD16.8 million in fines, USD8.4 million in disgorgement of profits, and USD6 million in compensation plus USD1,046,196.58 in interest to the government of Tanzania.…
LICIT ARMS TRADE LIGHTLY REGULATED BY AML RULES, DESPITE CONCERNS OVER UNETHICAL PRACTICES
The conventional arms trade has a reputation for using side payment sweeteners to secure multi-million dollar deals. But despite allegations of corruption in numerous jurisdictions, the legitimate arms trade is not on the Financial Action Task Force’s (FATF) radar. Should it be?…
CHINA’S TRADE WAR WITH AMERICA COULD ACCELERATE CLOTHING AND TEXTILE MANUFACTURING GROWTH IN AFRICA
AFRICAN garment and textile manufacturers have a long way to go to increase capacity, develop the supply chain and diversify overall production away from North Africa, an industry conference staged in Cairo has been told. But while north Africa accounts for more than USD10 billion out the continent’s USD13.54 billion in clothing and textile exports (during 2016, according to international trade data), the much discussed potential of Africa as the world’s next sourcing hub is starting to materialise.…
CHINA’S TRADE WAR WITH AMERICA COULD ACCELERATE CLOTHING AND TEXTILE MANUFACTURING GROWTH IN AFRICA
AFRICAN garment and textile manufacturers have a long way to go to increase capacity, develop the supply chain and diversify overall production away from North Africa, an industry conference staged in Cairo has been told. But while north Africa accounts for more than USD10 billion out the continent’s USD13.54 billion in clothing and textile exports (during 2016, according to international trade data), the much discussed potential of Africa as the world’s next sourcing hub is starting to materialise.…
DIGITAL CLOTHING AND TEXTILE SECTOR TECHNOLOGIES EMERGE IN EGYPT AND SOUTH AFRICA – BUT WILL THE REST OF AFRICA FOLLOW SUIT?
DIGITAL production technologies could help African manufacturers pick up business lost by Chinese rivals because of the trade war in the USA, with brands looking to take advantage of the free trade agreements that many African countries have with the USA and Europe.…
SUB-SAHARAN AFRICA’S DIVERSE BEAUTY MARKETS COMBINE TASTES FOR TRADITION WITH AN APPETITE FOR GLOBAL TRENDS
THE PERCEPTION of beauty and hence the design and supply of personal care products is slowly changing in sub-Saharan Africa as its increasingly wealthy middle class consumers take a more personalised approach to how they look. The region has a widely diversified consumer-base, whose varied tastes are pushing brands to rethink personalising cosmetics and personal care products like never before. …
INTERNATIONAL AGRI-RESEARCH INITIATIVE AIMS TO CREATE AFRICAN REGIONAL RESEARCH HUBS FOR RURAL DEVELOPMENT
MAJOR universities from six African countries will next year (2019) be able to develop their services through each receiving USD20 million grants from the World Bank, via a regional rural development research initiative, with the money designed to turn these institutions into regional hubs for agricultural learning.…