Search Results for: Congo

Major European companies extracting industrial minerals worldwide will now have to disclose the payments they made to third countries governments if they are higher than EUR100,000 per year starting 2015, following a European Parliament vote this afternoon (Wednesday). The new rules are part of a reform of the European Union’s (EU) accounting directive, backed by an overwhelming majority of MEPs, sitting in Strasbourg.…

European companies extracting non-ferrous metal ores anywhere in the world will now be forced to disclose the payments they made to third countries governments if they are higher than EUR100,000 per year starting 2015, following a European Parliament vote this afternoon (Wednesday).…

THE WORLD’S 49 least developed countries have been given another eight years to implement the intellectual property protection rules demanded by the World Trade Organisation (WTO). This means that their governments have the freedom to choose whether to protect trademarks, patents, copyright, industrial designs, geographical indications and other rights, potentially harming pharma companies.…

AT a time when the world seems increasingly led by lifelong politicians, it is perhaps refreshing to hear from a political leader who has a solid background in business, and such is former Canadian Prime Minister Paul Martin.

Speaking to Accountancy Futures, he showed how more than half-a-century of business and public life can be brought to bear in financial and commercial mentorship.…

IF there is one paint ingredient that marketers agree should be left off the label, it has to be lead. General and scientific opinion agrees this metal causes health problems and the United Nations Environment Programme (UNEP), working with the UN Strategic Approach to International Chemicals Management (SAICM) has embarked on plans to eliminate architectural and household lead paints in Sub-Saharan Africa by 2020.…

CHANGE is coming to Zambia’s Kenneth Kaunda International Airport, with the Zambian government embarking on an ambitious airports renewal programme, which will renovate Kenneth Kuanda International, along with three other international airports. These are Harry Mwaanga Nkumbula International Airport, in Livingstone; the Simon Mwansa Kapwepwe International Airport, in Ndola and the Mfuwe International Airport, in the country’s eastern province.…

BY TRICIA OBEN, IN DOUALA

THE GROWTH in the Cameroon personal care product sector in the past few years has been phenomenal. Imports of cosmetic products alone grew by more than Central African Franc XAF10 billion (United States Dollar USD19.1 million) in 2011, up from XAF31 billion (USD 62 million) in 2010, according to figures supplied by Cameroon customs.…

BY KEITH NUTHALL

THE WORLD Customs Organisation (WCO) has launched a crack-down on fraudulent medicines in 16 African countries, seizing more than 82 million doses of illegal pharmaceuticals worth more than USD40 million. A WCO note said: "These results are alarming…" Its officers worked with the Institute of Research against Counterfeit Medicines (IRACM) and 16 national customs administrations in raids called VICE GRIPS 2, targeting seaport containers in Angola, Benin, Cameroon, the Democratic Republic of the Congo (DRC), Congo (Brazzaville), Gabon, Ghana, Guinea, Ivory Coast, Kenya, Liberia, Mozambique, Nigeria, Senegal, Tanzania and Togo.…

BY KEITH NUTHALL

THE WORLD Customs Organisation (WCO) has launched a crack-down on illicit medicines in 16 African countries, which sparked the seizure of more than 82 million doses of illegal pharmaceuticals. The haul included antimalarial and anti-parasitic drugs, antibiotics, cough syrups, contraceptive pills and infertility treatments, worth more than USD40 million.…

BY LEAH GERMAIN

THE USA Chamber of Commerce and America’s National Association of Manufacturers (NAM) have launched a legal challenge to a Security and Exchange Commission (SEC) rule requiring companies to list the use of "conflict-minerals" in their product supply-chain. Finalised by the SEC in August, the rule requires US-listed companies to disclose if their products contain minerals, such as tantalum, tin, gold or tungsten, originating from the Democratic Republic of the Congo (DRC) or an adjoining country.…