Search Results for: Ghana

NORTH Africa offers personal care product majors populous markets, close to European manufacturing centres, with large and growing middle classes (outside troubled Libya) – but trading in these countries is not without complication. Regulatory shifts, counterfeiting and some security concerns make these useful markets a challenge for brands to tap.…

DIGITAL production technologies could help African manufacturers pick up business lost by Chinese rivals because of the trade war in the USA, with brands looking to take advantage of the free trade agreements that many African countries have with the USA and Europe.…

THE MIDDLE East regional director of the International Civil Aviation Authority (ICAO) has called for a rethink of how the roll-out of the 2017 ICAO Global Aviation Security Plan (GASeP), as member states struggle to meet initial 2020 deadlines for security improvements.…

THE PERCEPTION of beauty and hence the design and supply of personal care products is slowly changing in sub-Saharan Africa as its increasingly wealthy middle class consumers take a more personalised approach to how they look. The region has a widely diversified consumer-base, whose varied tastes are pushing brands to rethink personalising cosmetics and personal care products like never before. …

As he took in the fourth Africa Sourcing and Fashion Week (ASFW) in the Ethiopian capital of Addis Ababa last week, Kenneth K Han, managing director of Shints ETP Garment Plc, said he is optimistic over the country’s potential in the textile and apparel sector, despite many challenges.…

THE INTERNATIONAL Public Sector Accounting Standards Board (IPSASB) has released a new standard on reporting financial instruments – IPSAS 41 – to improve the relevance of financial assets and liabilities data. It replaces financial instruments reporting rules in IPSAS 29, introducing a single classification and measurement model for financial assets, considering an asset’s objective and cash flows.…

MAJOR universities from six African countries will next year (2019) be able to develop their services through each receiving USD20 million grants from the World Bank, via a regional rural development research initiative, with the money designed to turn these institutions into regional hubs for agricultural learning.…

EAST African countries maybe updating their anti-money laundering and combating the financing of terrorism (AML/CFT) legislation and strengthening related institutions, but experts warn that a lack of enforcement will aid the proliferation of ML and TF in the region.

In Kenya, a Proceeds of Crime and Anti-Money Laundering (Amendment) Bill was approved by the country’s parliament last March (2017).…

SOUTH Korean conglomerate Lotte Group has announced a major expansion of production at its plant in Kaluga, western Russia, which will involve building a new manufacturing line and double the capacity of an existing line.

A statement sent to just-food said that the construction and installation work should be completed by this November.…

THE AMERICAN confectionery sector is facing tough tariffs in its key export market of Canada after the US government decided to impose punitive duties on Canadian exports of steel and aluminium.

Ottawa announced its own retaliatory duties, which it intends to impose from July 1, having consulted on a shortlist of products, including potential 10% duties on US-made maple sugar and syrup, liquorice, toffee, chocolate, sugar confectionery, strawberry jam, nut purées and pastes.…