Search Results for: South Africa

Brazil could once again impose restrictions on the country’s strong tobacco leaf industry under the new centre-left administration of President Luiz Inácio Lula da Silva, who plans to reinstate a committee to target production to reducing smoking. The 77-year-old leader, who also governed between 2003–2010, so far is not allowing tobacco business leaders to take part in policy debates.…

With the world’s illicit economy making up between 7% and 15% of global GDP according to the International Coalition Against Illicit Economies (ICAIE) (1), a national security NGO based in Washington DC, the need for robust law enforcement, including AML controls is clear.…

US automakers finally have more certainty about the technical rules within the European Union (EU) designed to ensure its 27 member states only allow sales of zero emission vehicles (ZEV) from 2035, but – say American auto industry experts, Chinese competition could be strong.…

Egypt’s buoyant dairy market is riding on the back of the country’s high population growth, but inflation and the depreciation of the currency is keeping this growth in sales in check and may depress earlier positive forecasts. The Egyptian dairy market’s value was forecast to be USD5.06 billion in 2023, with annual growth of 4.37%, according to figures from Germany-based statistical service Statista (1) released in Marh (2023).…

Tunisia’s President Kais Saied seemed to be rolling back on his determination to impose “urgent measures” to reduce what he called the “hordes” of sub-Saharan migrants, but black students say nothing has changed for them. President Saied has offered up the promise of speeding up issuing residency permits known as “cartes sejour” and even waiving the penalties for overstays by sub-Saharan migrant workers and students.…

Academics from the diaspora of Cape Verde, which numbers an estimated 1.5 million people, compared to 587,925 inhabitants of this Atlantic archipelago, are complaining that their talents and expertise are being overlooked by local political and academic leaders.

Indeed, many claim they struggle to see their overseas qualifications recognised in Cape Verde, which they say would enable them to improve the country’s higher education and academic research.…

Higher education and research institutions in Burkina Faso are under threat from a jihadist insurgency, as the west African country’s military government struggles to secure the security initiative. Human Rights Watch says insurgents control 40% of the country’s territory and 1.4 million people have fled their homes out of an overall population of 22.1 million, recounting hundreds of deaths in the conflict – civilian, military and insurgents – although it has not released an overall figure, and nor has the UN.…

Egypt was one of the fastest growing paint markets in the Middle East and North Africa (MENA) in 2021 and early 2022, but the depreciation of its currency on foreign exchange markets, surging inflation and an economic downturn over the past year is now depressing the sector.…

Should all anti-money laundering typologies be made public? AML experts argue it depends on the circumstances, but in general, as criminals are usually ahead of the curve, there is not always much that the bad guys can learn from typologies unless nitty gritty details are revealed.…

The precious metals and stones sector is increasingly under the spotlight regarding ML and TF, particularly gold. Given the fungibility of precious metals, the complexity of their supply chains and the varying levels of oversight worldwide, they continue to be an attractive means to launder money – especially gold, which remains the precious metal of choice for launderers.…