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THE FIVE month-long diplomatic and commercial dispute between Qatar and the so-called ‘anti-terror quartet – ATQ’ of Saudi Arabia, the Saudi Arabia, Bahrain, the United Arab Emirates (UAE) and Egypt) continues and revolves around Doha’s alleged financial support for terrorist groups.…

The UK Serious Fraud Office (SFO) has charged two individuals in relation to the global
Unaoil bribery and corruption investigation. Ziad Akle and Basil Al Jarah were both on
November 16 charged with conspiracy to make corrupt payments to secure the award of oil
contracts in Iraq to Unaoil’s Dutch client SBM Offshore.…

CONSIDER for a moment the long list of items hacked in spectacular fashion for the edification of those who descended on Las Vegas this summer for the annual BlackHat and DEFCON security events: voting machines, ‘smart’ safes, cars, guns, car washes, infusion pumps and radioactivity sensors.…

METAL ore exploration and production companies are warning Tanzania faces a sharp decline in metal ore output as the government continues to implement stringent laws to regulate the sector.

Tensions between the state and foreign-owned companies have been rising as the government of President John Pombe Magufuli has increased surveillance on the output of mines in the country, blocking exports.…

NON-governmental organisations (NGO), aid agencies and charities are under increased pressure to abide by international and domestic anti-money laundering and terrorist finance regulations, such as those imposed by the UK, US and European Union (EU), including international sanctions. But it can be tough for NGOs to comply with such rules when operating in countries where there is civil conflict or civil war.…

The City of London Corporation is to set up a new centralised court in the UK capital’s financial district to focus primarily on cases involving fraud, economic crime and cyber-crime, such as phishing. The Corporation – the City of London’s local authority – said in an October 9 statement that the exact location would be confirmed after a feasibility study due early in 2018.…

Three former senior employees of German logistics giant the FH Bertling group were sentenced at London’s Southwark Crown Court on October 20 for their part in a USD20 million Angola oil corruption case. Joerg Blumberg, Dirk Juergensen and Marc Schweiger, respectively the former group CFO, managing director of the UK subsidiary and manager responsible for the Africa market, each received a 20-month sentence, suspended for two years; a GBP20,000 fine, payable within three months, with a one-year default sentence for non-payment; and were disqualified from being company directors for five years.…

Ethiopia’s energy sector is undergoing a rapid transformation, becoming a trail blazer for renewables growth in Africa. Although still one of the continent’s poorest nations in Africa (gross national income per capita just USD660 in 2016, says the World Bank), its potential for green energy production is massive.…

MILLENNIALS are changing the cosmetic industry like never before: this generation with an ‘I want it all – I want it now’ attitude is forcing cosmetics firms to cut down on lead time –  the speed with which products are delivered to market – to a bare minimum.…

INDONESIA is an important market – it does not just have 261 million people, but its female consumers especially are becoming more assertive and shaping colour cosmetic trends that brands should follow if they want to boost revenue. Last year, market observers have said, women consumers in Indonesia decided they wanted to buy matte lipstick, and this demand has mushroomed.…