Search Results for: Congo

BY KEITH NUTHALL

EUROPEAN Union (EU) consumer safety alert network Rapex has warned that illegal hydroquinone content is continuing to be discovered in skin whitening products across Europe. Portuguese customs, for instance, seized Democratic Republic of the Congo (DRC)-manufactured Angel Cosmetics lightening beauty soap with carrot oil for containing the chemical, banned under the EU cosmetics directive.…

BY VILLEN ANGANAN, IN BEAU-BASSIN, MAURITIUS

ACCA fellows can be found in many influential positions worldwide and in Africa, they are often the backbone of financial and management best practice, in many jurisdictions. That is certainly the case on the Indian Ocean state of Mauritius, where environment and sustainable development minister and ACCA member Devanand Virahsawmy belongs to the inner circle of prime minister Navin Ramgoolam who secured a second mandate in May 2010 elections.…

BY KACI RACELMA

WHILE the majority of north African paint and coatings markets have been disrupted by the wave of political and economic unrest brought on by the ongoing Arab Spring revolution, relatively stable Morocco has generated modest growth.

The country’s paint companies predict an increase in domestic paints and coatings production and sales in 2012, following sluggish sales since the international financial crisis hit in 2008.…

BY VILLEN ANGANAN, IN BEAU-BASSIN, MAURITIUS

INTERNATIONAL accounting firms are exploring opportunities within Africa, and are using the Indian Ocean island of Mauritius – a regional financial centre – as a stepping stone. All the Big Four: Ernst &Young, PricewaterhouseCoopers (PwC), KPMG and Deloitte are already successfully offering their services to African clients.…

BY KEITH NUTHALL

EUROPEAN Union (EU) ministers have expressed broad support for tightening rules insisting EU mining companies declare payments made to governments who regulate their mines and processing facilities. EU officials now are confident that these rules will be agreed by a June 30 deadline imposed by heads of government in January.…

BY KEITH NUTHALL

EUROPEAN Union (EU) ministers have expressed broad support for tightening rules insisting EU industrial minerals companies declare payments made to governments who regulate their mines and processing facilities. EU officials now are confident that these rules will be agreed by a June 30 deadline imposed by heads of government in January.…

STORIES BY KEITH NUTHALL

THE EUROPEAN Union’s (EU) consumer alert network RAPEX has reported that Portugal has relaunched tough action against imported cosmetics it deems a potential health risk. Last year saw a spate of filings from Portugal about seizures and sales bans and Lisbon has now redoubled its efforts this year, with eight products targeted by consumer protection authorities in February alone.…

BY LEAH GERMAN

DESPITE this week being awarded the mining rights for a major iron ore deposit in Afghanistan, Canadian company Kilo Goldmines Ltd has announced that it will step down as leaders on this project but retain a 20% interest in the venture.…

BY KEITH NUTHALL

PORTUGUESE authorities have clamped down on personal care products they regard as potentially harmful for a second month running, European Union (EU) consumer warning network RAPEX has reported. Action was taken against eight products in October, including customs seizures and sales ban.…

BY KEITH NUTHALL

EUROPEAN Union (EU) consumer safety network RAPEX has warned certain skin whiteners have been blocked from sale over health concerns. The main problem was illegal hydroquinone use, breaching the EU cosmetics directive. This was why Portugal customs blocked imports of Democratic Republic of the Congo-made imports of Angel Cosmetics’ Clairmen brand and ‘Caro White’ cream, plus Ivory Coast-made ‘Skin Light’ cream; Austrian shops withdrew Ivory Coast-made ‘Skin Light’ cream; while France warned about French-made ‘Fair & White’ cream.…