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VAPE COMPANIES INNOVATE TO SURVIVE IN UNCERTAIN MARKETS
Major vaping players are investing in innovative solutions to offer healthier, more pleasant, and more eco-friendly products, trying to reshape a segment facing a growing number of restrictive laws worldwide.
According to the Dublin-based market researcher Research and Markets, “the global e-cigarette market reached a value of USD20.4 billion in 2021” and should reach USD30 billion by 2027 (1).…
DESPITE CHALLENGES IN PRIVATE EDUCATION, AFRICA HAS PROMISING FUTURE AS YOUNGEST CONTINENT SAYS GROUP CEO OF HONORIS UNITED UNIVERSITIES
Africa is the continent with the youngest population in the world, and so needs to expand effective higher education, Dr Jonathan Louw, group CEO of Honoris United Universities (HUU), the largest pan-African tertiary education network, has told UWN.
In an exclusive interview in Tunis, Tunisia, Dr Louw noted how the fact that almost 60% of Africa’s population is under 25 years old presents a huge opportunity for higher education in Africa.…
MILITARY TAKEOVER OF MYANMAR HAS HINDERED PAINT AND COATING AND INDUSTRY AND MARKET
The military coup d’état on February 1st, 2021, which overthrew an elected government in Myanmar has harmed the country’s paint and coating industry and market, impeding the construction sector, which had been expanding its work before the current ruling military junta seized power.…
LACK OF RELIABLE DATA UNDERMINES THE GROWTH OF HE IN AFRICA
A lack of reliable data across Africa has weakened policies to improve higher education across the continent, development experts argue. They claim the problem is compromising the achievement of the UN’s Sustainable Development Goal (SDG 4) (1) to leave no one behind in tertiary education by 2030, even though several local data development initiatives are trying to improve the flow of useful statistics.…
ENERGY CRISIS, LOAD-SHEDDING AND FUEL PRICE WORRY TEXTILE PRODUCERS IN BANGLADESH
Factory owners in Bangladesh fear the introduction of a once-a-week holiday in industrial zones to cope with the country’s energy crisis may intensify pressure on textile production while still resulting in production loss.
Previously, Friday was a holiday for all factories except those involving spinning and dyeing as they require a 24-hour operation, but this day off will now be rotated.…
ASIAN TEXTILE CONFERENCE HIGHLIGHTS NEW JAPAN HIGH TECH TEXTILE STRATEGY
Embracing sustainability and digitisation are key to maintaining the international competitiveness of Japan’s textile industry, according to the country’s textile technology roadmap promoted at the 16th Asian Textile Conference (ATC-16) staged online over July 27–29.
The plan, released by Japan’s ministry of economy, trade and industry in May (2022) (1), formed the key component of ATC-16’s first plenary session and shaped much of the content throughout the three days of online lectures.…
CARBON EMISSIONS TO PET INNOVATION OFFERS SUSTAINABLE PRODUCTION OF KEY FIBRE INPUT
An environment-friendly development in creating a key component of polyester has been hailed as a “path-breaking innovation that can change the future of the textile value chain and help the industry in moving toward its sustainability goal”.
This was the view of Gurudas Aras, a textile chemical consultant bases in Mumbai, India.…
CANADIAN AUTO SECTOR WELCOMES SCRAPPING OF US-FOCUSED EV TAX CREDIT
The Canadian automotive industry has welcomed the deal within the USA’s Democratic Party to propose a revised tax credit on purchases of electric vehicles (EV) in America which extends the payment to EVs made across north America, including Canada and Mexico.…
ZIMBABWE OFF FATF’S GREY LIST – BUT SCEPTICS SAY ITS AML RECORD IS WOEFUL
Zimbabwe was taken off FATF’s grey list in March, but serious issues still abound claim critics of the move – from corruption to large scale gold smuggling, while a controversial law on NGOs may be misused to go after political opponents, they argue.…
UAE’S PURE HARVEST CONSIDERS SECOND SUKUK AS IT LOOKS TO EXPAND TO ASIA
United Arab Emirates (UAE)-based Pure Harvest Smart Farms plans to raise funding through a new sukuk (Islamic bond) to support its food-security driven expansion plans, Tariq Sanad, the company’s chief financial officer, told Salaam Gateway.
The agritech firm’s breakthrough farming system that can produce year-round crops in the desert has attracted a diverse mix of investors since its inception in 2016.…