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International solar energy providers are finding business opportunities in Africa as national governments and their development agency partners try to foster growth while targeting the United Nations’ Sustainable Development Goal 7 (SDG), which encourages access to affordable, reliable, sustainable, and modern energy for all by 2030 (1).…

THE HUNGARIAN dairy industry and supporting government officials are looking ahead to incoming financial support from the European Union (EU) now that the European Commission has approved the country’s Common Agricultural Policy (CAP) strategic plan for 2023-2027. This has cleared the way for a ЕUR8.4 billion transfer in funding from Brussels, despite the friction between the EU and the Hungarian government, led by populist right-wing Prime Minister Viktor Orbán.…

The International Accounting Standards Board (IASB) has formally proposed amendments to IAS 12 Income Taxes to take account of ‘Pillar 2’ of the OECD’s BEPS tax model, suspending rules on accounting for deferred taxes, while its implications are assessed. The IASB has acted because the European Union (EU) in December agreed a directive to make Pillar 2 compulsory in the EU – telling multinationals (and large domestic companies) to pay 15% minimum tax rates in member states where they trade.…

THE UNITED Kingdom’s final exit from the European Union (EU) on December 31, 2020, after an 11-month transition period, has fulfilled predictions of disruption to the British and European can manufacturing industry, experts have told CanTech international. Indeed, feelings over Breit remain raw – one senior industry specialist, preferring to remain nameless, dubbed Brexit as, “the most stupid decision ever taken by UK politicians”.…

The collapse of crypto-trading platform FTX and its associated hedge fund Alameda Research may help spark the creation of a global regulatory regime to monitor crypto-currency exchanges. Keith Nuthall reports.

The FTX Group’s November 11 filing for US Chapter 11 bankruptcy sent shockwaves through the global crypto-currency market and should encourage the development of international regulation to control this unstable industry.…

Sugar production and consumption are being targeted for spending in new national Common Agricultural Policy (CAP) plans approved by the European Commission as part of a new process to secure European Union (EU) food production funding. With EUR53 billion spent in 2022 alone, this is the EU’s largest spending programme.…

The unanimous approval of a European Union (EU) directive (1) by the EU Council of Ministers on December 12, that will write pillar 2 of the OECD’s BEPS model (2) into European law – will force accountants to reassess the tax liability of their largest clients.…

The European Union’s (EU) new ‘Women on Boards’ directive (1) is designed to force change in the EU’s director cohort by requiring that the ‘under-represented sex’ (which could be male on rare female-dominated boards) make up 40% of non-executive directors or 33% of all major company directors.…

A majority of African grown cotton is exported, but initiatives are underway in certain countries to bolster upstream textile yarn spinning and fabric production as part of efforts to develop the overall supply chain.

“Cotton production is expected to go up in the continent this year, by around 30% compared to 2020 and 2021.…

As the world’s largest vertical farm is set to launch operations in Gloucestershire later this year, proponents have lauded the sustainability benefits of the model. They say it has the potential to reduce agriculture’s physical and carbon footprint, growing more crops with significantly reduced water usage, zero pesticides and delivering fresher produce than traditional field-based models.…