Search Results for: South Africa
10 results out of 4361 results found for 'South Africa'.
LAOS OFF TO A LATE START TO ESTABLISH ADEQUATE AML CONTROLS
LAOS, or the Lao People’s Democratic Republic (Lao PDR), with its population of just 7 million, is the least developed member of the Association of Southeast Asian Nations (ASEAN) and a communist one-party state where corruption is rampant and transparency scarce. …
THAILAND OFF MONEY LAUNDERING BLACKLIST, BUT CONCERNS ABOUT POLICING OF AML LAWS REMAIN
THE SOUTH-EAST Asian kingdom of Thailand, has high profile vulnerabilities to money laundering, being known for its widespread sex trade sector its role in the international drugs trade, and also for being the base of human trafficking networks, according to the USA state department’s 2017 International Narcotics Control Strategy Report (INCSR). …
THREE SENTENCED IN USD20 MILLION BERTLING ANGOLA OIL CASE
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 MOVES TOWARDS EXPLOITING HUGE RENEWABLE ENERGY POTENTIAL
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.…
GERMAN APPETITE GROWS FOR BEAUTY INDIVIDUALISATION AND NATURAL INGREDIENTS
Millennial consumers – the key driver of demand in today’s personal care product market – love personalisation, customisation and ‘do it yourself’ lines, and maybe nowhere more than in Germany. This ‘maker movement’ trend has inspired Cosnova, the Sulzbach, Hesse-based producer of cosmetic brands such as essence, Catrice and L.O.V.,…
ASIAN FUTURE OF BEAUTY CONCLUSIONS
*Gender differences in east and southeast Asia for personal care products sales have always been narrower than in much of the world and they are closing fast. Selling personal care products to men, including colour cosmetics, is big business and getting bigger.…
MILLENNIALS’ TASTE FOR CHANGE PROMPTS ‘FAST COSMETICS’ OVERHAUL
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.…
GENDERLESS COSMETICS PRODUCTS ARE THE FUTURE FOR SOUTH KOREAN SALES
IF the future of beauty in South Korea has a face – then that could be male, say beauty experts. Indeed, market researcher Euromonitor International expects sales of genderless beauty products to grow strongly in this key market in 2018, including face masks, BB/CC creams, toners and mists, lip gloss and tints, as well as sun protection lines. …
COLOUR COSMETICS SALES WITNESS SHARP INCREASE IN CHINA
SALES of colour cosmetics have trailed skin care purchases in China, but this may change in future, with make-up sales rising at a rapid pace in recent years.
A survey by market researchers Mintel in April this year revealed 62% of urban Chinese women claim to wear make-up every year, up significantly from the 38% of women surveyed just a year before.…
MEA COSMETICS CONCLUSIONS
*When cosmetics brands think of the Middle East and Africa, they need to think young. These regions have young median ages, which is so different from the ageing markets of Europe and east Asia. So funky affordable lines that are easily available online and whose sales are tied into social media are the way to go.…