Search Results for: South Africa

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending US$17.5 million in INDRupees to Indian textile company Alok Industries Ltd, allowing the Mumbai (Bombay)-based company to expand and modernise its facilities and meet growing demand from domestic and international customers.…

BY RICHARD HURST
THE CHAMBER of Mines of South Africa has reported that the country’s gold output for the first quarter of 2003 was down 2.7 per cent at 92,314 kilograms when compared to the same quarter in 2002 and was down 6.8 per cent when compared to the fourth quarter 2002.…

BY MONICA DOBIE
HARRY Potter fans have managed to acquire Book 5 from a Quebec, Canada, Walmart store, in St Constant, south of Montreal, nine days before its official launch. Raincoast Books, the Canadian Publisher of the Harry Potter series, said it was probably a result of human error and that it will seek a court-ordered injunction preventing the store or any individuals from releasing any information on book.…

BY KEITH NUTHALL
EVERY year it seems, the international community has a pet topic in which it is fashionable to promote good behaviour, and this year the favoured cause seems to be water conservation. The World Bank, the UN Environment Programme and others have all produced weighty tomes on the need to conserve drinking water stocks.…

BY KEITH NUTHALL
MOVES to spread the wealth generated by the African oil industry amongst local populations have been debated at the 7th African Oil & Gas, Trade & Finance Conference, in Luanda, Angola. Co-organiser the UN Conference on Trade and Development (UNCTAD) promoted ways of transforming the industry “from its present status as a virtual enclave in which foreign companies absorb most of the gross revenue.”…

BY KEITH NUTHALL
THE WORLD Heath Organisation announced that 40 countries and the European Union signed the new global Framework Convention on Tobacco Control within a week of it being agreed. Signatories included Britain, Spain, Iran, South Africa, Bangladesh and France.…

BY MATTHEW BRACE
THE CLUTCH of much-maligned offshore financial centres (OFCs) on remote Pacific islands have been swamped by so many accusations of impropriety, they are now struggling to stay afloat.

Labelled as palm-fringed, sun-drenched laundries for the world’s dirty money, these tiny island states and dependent territories are trying to fend off attempts by international organisations to excommunicate them from the global financial church.…

BY KEITH NUTHALL
A WORLD Bank report has called on the governments of the Balkans to pay more attention to the quality of their respective water sources and supplies, warning that neglect is leading to increases in pollution and damage from flooding.…

BY MARK ROWE
THE FIRST meeting of the world’s five largest sugar exporters has agreed to co-ordinate efforts to boost prices in the commodity’s international market from current record lows. Meeting in Bangkok, representatives of Thailand, Australia, Brazil, South Africa and Guatemala agreed to speed up co-operation and seek to lift world prices without raising domestic retail prices.…

BY KEITH NUTHALL
THE EUROPEAN Union Council of Ministers has agreed a complicated, but flexible, set of anti-dumping duties to be levied upon certain flat rolled products of iron or non-alloy steel from Bulgaria, South Africa, Serbia & Montenegro and Taiwan; plus certain iron and steel tube and pipe fittings from Thailand, the Czech Republic, Malaysia, South Korea, Russia and Slovakia.…