Search Results for: Botswana

BY RICHARD HURST
MONEY laundering is all about fake respectability, transforming the seedy and ill-gotten into the legitimate and well-earned; so in Africa, where better to launder criminal money than through the continent’s most developed economy, South Africa.

Mike Savage, partner at Ernst & Young South Africa, said that the biggest problem facing African governments wanting to seriously tackle money laundering is to pinpoint the movement of funds that are moved across porous borders in a bid to cover tracks and conceal sources.…

BY KEITH NUTHALL
PORK and pig exports from Luxembourg to the rest of the European Union have been banned by the European Commission after classical swine fever was detected on three farms in the Grand Duchy. The transshipment of pigs across the country’s busy motorways linking Germany with France and Belgium has also been blocked, along with the export of porcine semen, ova and embryos.…

BY RICHARD HURST
USA President George W. Bush has approved 35 African countries as eligible for tariff preferences regarding clothing and textile exports to America under the African Growth and Opportunity Act (AGOA), with Zimbabwe and Gambia being notable sub-Saharan African pariahs from the move.…

BY RICHARD HURST, in Johannesburg
THE UNITED States’ House of Representatives has voted overwhelmingly to double the quota of clothing and textile products that a group of African countries can export to the US duty free, increasing them from 1.5 per cent of overall US imports to three per cent.…

Keith Nuthall
GUINNESS UDV is perfecting the brewing of Guinness and Kilkenny at Namibian Breweries with an eye to allowing the south west African brewer to offer these brands under licence to the regional markets of Namibia, Botswana and South Africa.…