Search Results for: Nigeria
10 results out of 317 results found for 'Nigeria'.
INTERNATIONAL REGULATORY ROUND UP – BANGLADESH POISED TO RATIFY EMERGING MARKET TRADE DEAL
GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…
‘TAX INSPECTORS WITHOUT BORDERS’ SEND EXPERTS TO HELP DEVELOPING COUNTRIES BOOST TAX TAKES
Demand is growing for a major international programme designed to support developing countries build up their tax audit capacity and – critically – the funding is there to meet that need. Launched as a joint initiative of the Organisation for Economic Co-operation & Development (OECD) and the United Nations Development Programme (UNDP) in July 2015 after an initial pilot phase, Tax Inspectors Without Borders (TIWB) sees tax experts work side-by-side with local officials in developing and emerging markets.…
AFRICA STARTS TO ADOPT PUBLIC ACCOUNTING STANDARDS – BUT THE JOB WILL NOT BE EASY
WITH the economies of sub-Saharan Africa emerging from past poverty, informality and occasional chaos, the regularisation of the region’s public sector accounts is increasingly viewed as an important way of ensuring growing tax revenues are spent wisely.
As a result, accounting experts have been encouraged by growing moves to adopt International Public Sector Accounting Standards (IPSAS).…
MOROCCO SOLIDIFIES POSITION AS AFRICA’S NUMBER TWO DESTINATION FOR AFRICAN STUDENTS STUDYING ABROAD
MOROCCO is becoming an increasingly attractive destination for African students seeking to study abroad, and is now their second most popular destination on the continent, following South Africa. According to the latest statistics published by Morocco’s ministry of higher education, training and research, more than 18,000 African foreign students are currently enrolled in higher institutions in Morocco.…
DEMAND FOR NON-WOVENS INCREASING IN MIDDLE EAST AND AFRICA, BUT LOCAL PRODUCTION CAN BE LACKING
THE MIDDLE East and Africa is certainly a promising regional market for nonwovens manufacturers, given the high level of economic growth in many countries and the rise of consumer-culture focused middle classes. But companies need to be sophisticated in their investment and sales tactics given the immense variety of economic and social fortunes experienced by countries in this most diverse region.…
INTERNATIONAL REGULATORY ROUND UP – BANGLADESH POISED TO RATIFY EMERGING MARKET TRADE DEAL
GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…
TEXTILE SECTOR AT HEART OF NIGERIAN GOVERNMENT EFFORTS TO DIVERSIFY ECONOMY
The textile and clothing sector is at the heart of efforts by the Nigerian government to diversify and restore the country’s energy-oriented economy, creating opportunities for textile firms interested in setting up operations in the country. Government proactivity in the sector is rooted in the Nigeria Industrial Revolution Plan (NIRP) – which has been implemented since July 2016 and its Economic Recovery and Growth Plan (ERGP), which was released this March by the government.…
AFRICA DIASPORA UNIVERSITY CONFERENCE
KENYA’S EDUCATION MINISTER CALLS FOR LESS GOVERNMENT MEDDLING IN AFRICAN UNIVERSITY MANAGEMENT
Kenya’s education minister has called for African governments to pull away from direct management of their country’s universities, saying such meddling is unnecessary and can hinder the development of effective management.…
REGULATORS START TO DEVELOP COMPREHENSIVE CONTROLS FOR VIRTUAL CURRENCIES
With the value of Bitcoin skyrocketing over the past year, up from USD525 per Bitcoin last August to USD1,200 in mid-April, with one unit now being able to buy an ounce of gold, finding ways to efficiently regulate decentralised and independent virtual currencies (VCs) has become a top priority among governments and regulators worldwide.…
FOREIGN INVESTMENT IN ETHIOPIA’S CLOTHING SECTOR CONTINUES APACE, AMIDST POLITICAL PROTECTS
Ethiopia attracted foreign investments of USD1.2 billion in the first six months of the 2016/17 fiscal year, despite this increasingly important manufacturing base being under a state of emergency due to widespread anti-government protests. The figures come from the Ethiopian Investment Commission, which says that these financial injections investments were dominated by major Chinese companies, half of which are licensed in textile and garment manufacturing.…