Search Results for: Mauritius

BY KEITH NUTHALL

THE NUMBER of counterfeit personal care products seized by European Union (EU) customs teams fell by a quarter in 2008, compared to 2007, the latest European Commission figures claim. There were still many fake cosmetics, perfumes and personal soaps discovered however – 4.58 million items, in 2,134 cases however.…

BY PHILIP MCCORKELL, in London

QUESTION

London Mayor Ken Livingstone famously banned pigeon feed sellers from Trafalgar Square, while many Londoners and visitors to the city routinely refer to the birds as "flying rats". But do residents and tourists in London really hate pigeons that much or do some people think they are British urban icon?…

BY KEITH NUTHALL

THE WORLD Bank’s Multilateral Investment Guarantee Agency (MIGA) has guaranteed US$22.8 million’s investment from Mauritius Commercial Bank Ltd to rehabilitate Mozambique’s largest sugar estate, run by the Companhia de Sena, in Marromeu district.

ENDS…

BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has exempted from its standard free trade rules for a further six years countries involved in the Kimberley Process Certification Scheme combating ‘blood diamond’ sales.

Its current waiver was to expire December 31 and protects trade restrictions undertaken by participating countries preventing rough diamonds being exported to non-signatory states.…

BY KEITH NUTHALL

THE REIMPOSITION of quota limits last year on some Chinese textile products has driven official overseas sales down, according to European Commission figures. During the first quarter of 2006, China saw an overall decrease in exports to the EU of minus 12% in volume, although unit prices increased by 9%.…

BY STEVEN SWINDELLS, in Johannesburg

ONGOING recruitment of South African nurses to the UK is pushing South Africa’s already hard pressed public health system close to the brink of collapse and putting patient care at risk, the country’s lead nursing union and health experts have warned.…

BY STEVEN SWINDELLS, in Johannesburg

THE FORTEEN countries of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) have their AML/CFT work cut out. Under-funded, lacking resources, short of political will and working in a region that leaks money like a sieve…it is a demanding context for the group’s daunting tasks.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has unveiled plans to lend Club Méditerranée (Club Med) up to Euro 19 million to construct, launch and initially operate a high-end beach resort in Albion, Mauritius. The whole project is to cost between Euro 48 and 51 million and should boost the island’s tourist trade, said the EIB.…

BY KEITH NUTHALL
THAT criminals abuse the insurance industry is nothing new for a sector routinely screening claims for hints of fraud. However, its managers have proved far less alert to the risk of it being exploited by money launderers and terrorist financers, a new detailed report has claimed.…

Keith Nuthall
CIVIL unrest could be sparked in smaller developing countries next year by the abolition of World Trade Organisation (WTO) textile trade quotas and resulting loss of export markets to Chinese competition, new European Union

(EU) trade Commissioner Peter Mandelson has claimed.…