Search Results for: South Africa

BY KEITH NUTHALL

TRADE ministers at the World Trade Organisation’s (WTO) Hong Kong summit are struggling today to reach a compromise deal on the vexed question of cotton subsidies that will prevent west African exporters scuppering an overall agreement. The United States has been under pressure to abandon its production payments to American growers, which are highly politically sensitive in the US.…

BY STEVEN SWINDELLS in Johannesburg

DROUGHT-HIT and AIDS-ravaged southern Africa is faced with a looming humanitarian crisis with almost 12 million people in need of food aid. But genetically modified (GM) crops remain off the menu for most African governments who remain reluctant to allow their farmers to do business with GM giants Monsanto and Syngenta.…

BY ALAN OSBORN

ONLY comparatively recently have the world’s anti money laundering agencies come to grips with alternative remittance systems (ARS) and even today the scale of the systems and the degree of infiltration by criminals is still not fully known.…

BY STEVEN SWINDELLS, in Johannesburg

SOUTH Africa’s move to slap fines on leading foreign car manufacturers for price collusion with dealerships is not expected to lead to a serious price war in the country’s busy showrooms.

South Africa’s Competition Tribunal decision to impose Rand 31.6 million (US$5 million) in collective penalties on leading manufacturers General Motors, Nissan, DaimlerChrysler, Citroën, Volkswagen came after an official investigation found evidence that manufacturers, including Toyota, imposed minimum resale prices on dealers, dealer collusion and anti-competitive franchise agreements.…

BY STEVEN SWINDELLS, in Johannesburg

SOUTH Africa’s move to slap fines on leading foreign car manufacturers for price collusion with dealerships is not expected to lead to a serious price war in the country’s busy showrooms.

South Africa’s Competition Tribunal decision to impose Rand 31.6 million (US$5 million) in collective penalties on leading manufacturers General Motors, Nissan, DaimlerChrysler, Citroën, Volkswagen came after an official investigation found evidence that manufacturers, including Toyota, imposed minimum resale prices on dealers, dealer collusion and anti-competitive franchise agreements.…

BY MARK ROWE AND PAUL COCHRANE

INTRODUCTION

JUST as chocolate sells well in cold countries, so do soft drinks flourish in hot countries, which would suggest that North Africa and the Levant presents an inviting face to the international drinks market.…

BY KEITH NUTHALL

THE EUROPEAN Union and Norway have divided up common stocks within the North Sea for 2006, overcoming difficult conservation problems, especially regarding cod. Brussels and Oslo have agreed on a long-term management plan for cod, to come into effect when the stock has returned to safe biological levels.…

BY LIZ HALL, in Alicante

SINCE March 2005, Operation White Whale, an extensive international anti-money-laundering operation spearheaded by the Spain’s National Police (the Policia Nacional), has produced the arrest of 57 people and the laundering of at least Euro 250 million euros obtained through illegal drug trafficking, according to Spain’s Interior Ministry (Ministerio del Interior).…

BY KEITH NUTHALL
THE EUROPEAN Union and Norway have divided up common stocks within the North Sea for 2006, overcoming difficult conservation problems, especially regarding cod. Brussels and Oslo have agreed on a long-term management plan for cod, to come into effect when the stock has returned to safe biological levels.…

BY KEITH NOYAHR, in Colombo

A YEAR after the Boxing Day tsunami, the four badly affected universities in Sri Lanka’s north, south and east are boxing on, with a bare minimum of repairs and reconstruction for want of funds. The University Grants Commission (UGC) had estimated the damage to the buildings and hostels at Ruhunu, South Eastern, Jaffna and Eastern universities to be SL Rupees 72 million (Pounds 387,000 at local prices), but its Chairman Professor Ranjith Mendis regretted that "the government and foreign donors had not been able" to find these sums.…