Search Results for: Kenya

KEITH NUTHALL
THE UNITED Nations’ (UN) Food and Agriculture Organisation has welcomed the development of a privately funded fish farming sector in Saudi Arabia, following 20 years of research to identify the ideal fish for local aquaculture.

A note published by the FAO says that the Saudi Fish Company, at Al-Shaqiq near the southern Red Sea, is already producing 1,500 tonnes of fish-a-year; the National Shrimp Company, in the Al-Laith area, also on the Red Sea, is expecting to produce 10,000 tonnes annually soon; and the Gizan Agricultural Company is building farming facilities for 1,000 tonnes-a-year.…

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
THE GOOD practice of an innovative honey company has been highlighted through its winning a United Nations Development Programme prize for promoting small-scale honey production in Kenya. Honey Care Africa, supported by the World Bank’s International Finance Corporation, has won the US$30,000 Equator Prize.…

BTY MARK ROWE
THE TOBACCO industry has not been exempt from the problem of young children working in developing countries. But in the past 12 months BAT has taken significant steps to address the question of child labour. Earlier this year it helped launch the Elimination of Child Labour in Tobacco Growing Foundation, which supports community-based initiatives to address the issue.…

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 KEITH NUTHALL
A MORATORIUM in the trade of illegally exploited Congolese minerals has been proposed by a panel of experts, which has examined how the stripping of resources by foreign military forces has prolonged the ongoing war in the country.…

BY KEITH NUTHALL
A HOLISTIC global campaign against HIV/AIDS has been agreed by Rome-based UN agencies: the Food and Agriculture Organisation, the International Fund for Agriculture Development and the World Food Programme. The trio will work to minimise the effect on food production of AIDS epidemics in countries where the disease is particularly widespread, namely Cambodia, China, Ethiopia, Kenya, Malawi, South Africa, Tanzania, Uganda, Zambia and Zimbabwe.…

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.…

BY RICHARD HURST, in Johannesburg
THE KENYAN finance Minister Chris Okemo has granted competition approval for Coca Cola Sabco, of South Africa, to increase its dominance of the east African country’s soft drinks market.

Sabco is now likely to try and increase its stake in Nairobi Bottlers, which has 52 per cent of the market, and acquire opposition East African Bottlers, which has a market share of roughly two per cent.…

BY KEITH NUTHALL
THE PROCESS of transforming the European Union’s anti-fraud office OLAF into a truly independent operator, with enough investigative muscle and legislative teeth to make an impact in Brussels’ fight against financial crime, has proved to be a slow and difficult task, its latest report admits.…