Search Results for: Mozambique

BY KEITH NUTHALL

THE WORLD Customs Organisation (WCO) has launched a crack-down on illicit medicines in 16 African countries, which sparked the seizure of more than 82 million doses of illegal pharmaceuticals. The haul included antimalarial and anti-parasitic drugs, antibiotics, cough syrups, contraceptive pills and infertility treatments, worth more than USD40 million.…

BY BILL CORCORAN, IN CAPE TOWN

SOUTH Africa has deposits of rare earth elements (REEs) to rival that of Australia, and the country is poised to take advantage of this increasingly strategic resource, according to Mintek, the government’s mineral technology organisation.…

BY VILLEN ANGANAN, IN BEAU-BASSIN, MAURITIUS

ACCA fellows can be found in many influential positions worldwide and in Africa, they are often the backbone of financial and management best practice, in many jurisdictions. That is certainly the case on the Indian Ocean state of Mauritius, where environment and sustainable development minister and ACCA member Devanand Virahsawmy belongs to the inner circle of prime minister Navin Ramgoolam who secured a second mandate in May 2010 elections.…

BY RAGHAVENDRA VERMA, IN NEW DELHI

INDIA is planning to create a special fund to enable its dominant state-owned miner to acquire overseas coal mines to compensate for severe domestic coal shortages that are hurting the country’s power, steel and other industrial sectors.…

BY VILLEN ANGANAN, IN BEAU-BASSIN, MAURITIUS

INTERNATIONAL accounting firms are exploring opportunities within Africa, and are using the Indian Ocean island of Mauritius – a regional financial centre – as a stepping stone. All the Big Four: Ernst &Young, PricewaterhouseCoopers (PwC), KPMG and Deloitte are already successfully offering their services to African clients.…

BY GEORGE STONE, IN CAPE TOWN

SUSTAINABLE growth in Africa outside South Africa faces the challenges of strong population growth, commodity price volatility, climate change and food insecurity. The continent’s current population of 1 billion people is forecast to almost double by 2050.…

BY BILL CORCORAN, IN CAPE TOWN; MOHAMMED YUSUF, IN NAIROBI; AND KEITH NUTHALL

A BOOK launched at last December’s Durban international climate change conference has focused on the growing potential for sugar to be a biofuel feedstock in Africa. ‘Bioenergy for Sustainable Development and International Competitiveness:

The Role of Sugar Cane in Africa’ was written by 44 authors representing 30 organisations in 16 countries and was published by Routledge.…

BY GEORGE STONE

MOZAMBIQUE expects to start exporting liquefied natural gas (LNG) in 2018 after major gas finds by Milan-based Eni and American firm Anadarko Petroleum in the waters of the Rovuma basin in the north of the country. The finds mean Mozambique is on course to be a leading LNG supplier to Asia, particularly Japan and rival the region’s leading gas exporters Nigeria and Angola.…

BY BILL CORCORAN, WACHIRA KIGOTHO, PAUL COCHRANE; and KEITH NUTHALL

SUB-SAHARAN Africa has always been regarded as a problem zone for air traffic control, with weak states struggling to provide the sophisticated and flexible communications required for state of the art ATC.…

BY BILL CORCORAN

Mozambique’s fledgling tobacco leaf industry faces tough challenges

Mozambique’s young tobacco leaf industry is growing despite sometimes difficult climactic conditions. It mainly grows Burley – which is under pressure from World Health Organisation guidelines. And Zimbabwe competition is a potential complication.…