Search Results for: Zimbabwe

SUB-SAHARAN African makers of cosmetics and personal care products are profiting from a growing and increasingly stable regional market, where economic growth is increasing demand for personal luxuries.

A report, ‘Business in Africa – Corporate Insights’ by Dianna Games, Standard Bank South Africa estimates that more than half of Africa’s population would be living in urban areas by 2030 and 60% by 2050, when the population would be about 2.4 billion, compared to 1 billion now.…

A SALUTARY lesson learnt by the western world since the financial meltdown in 2008, is that there is no easy formula for ensuring economic growth. Despite the resilience of the United States and European institutions, markets and skills, restarting the economic engine has proved sluggish.…

Venezuelan President Nicolás Maduro is seeking special powers to combat the country’s deep-seated epidemic of corruption; this while the country is gripped with severe economic problems, marked by shortages of consumer goods and a lack of foreign currency vital to the business sector.…

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 WACHIRA KIGOTHI, IN NAIROBI, AND WANG FANGQING, IN SHANGHAI

China’s powerful clothing and textile industry is looking for continued growth in sub-Saharan Africa, whose local manufacturers and brands are worrying about how to deal with the competition.

According to William Gumede, a senior research fellow at the University of Witwatersrand’s school of public and development management in South Africa, Chinese domination of Africa’s textile markets and its industry has promoted significant job losses.…

BY POORNA RODRIGO

A WAVE of high profile corruption cases and a growing range of commercial crimes have swept the South Asian archipelago of Maldives. Some cases have prompted Interpol red notices while others have run into long-drawn court battles, hurting investor confidence.…

BY ANDREW GREEN, IN KAMPALA

Uganda is undergoing a higher education boom. The result of introducing universal primary education in 1997 and universal secondary education a decade later is a surplus of students looking for a university placement. Uganda’s 30 public and private universities offer 50,000 spots for qualified secondary school graduates.…

BY GEORGE STONE, IN CAPE TOWN

It is part of the accountancy profession’s faith that good honest financial reporting and dealings can promote economic growth because of the commercial trust that it engenders. And maybe nowhere can the case be made more strongly than in Africa.…

BY BILL CORCORAN, IN CAPE TOWN; MOHAMMED YUSUF, IN NAIROBI; AND KEITH NUTHALL

A BOOK launched at last December’s Durban international climate change conference has focused on the growing potential for sugar to be a biofuel feedstock in Africa. ‘Bioenergy for Sustainable Development and International Competitiveness:

The Role of Sugar Cane in Africa’ was written by 44 authors representing 30 organisations in 16 countries and was published by Routledge.…