Search Results for: South Africa

THE EVER-intensifying skyline of Nairobi, Kenya’s capital city, illustrates the rapid economic growth of this equatorial East African country, and its growing workforce is increasingly keen to buy deodorants to keep them dry and comfortable in the office and outside.

An increased focus on banking, industry, manufacturing and construction have raised the country’s gross domestic product (GDP) by 5.3% year-on-year in 2014 and 5.6% in 2015 (Deloitte Economic Outlook 2016).…

SAFETY concerns have been the key driver in rising sales of hair care products in South Korea, new figures suggest. According to market researchers Euromonitor International, the country’s haircare product market grew last year (2016) by 3% year on year to Korean Won KRW1.2 trillion (USD1.1 billion).…

A GROWING population of professional young men is behind an increase in sales of deodorants to consumers wanting to combat the heat of Nigeria.

With wide supermarket availability of these personal care products a relatively new phenomenon in Nigeria, consumers can regard deodorants as trendy and a symbol that they are in touch with global trends Driven by a desire to appear trendy and follow western media influence, London-based market research company Euromonitor International has revealed.…

THE LEBANESE haircare market has been in a state of flux over the past six years, reflecting the instability in the Levant. Following the start of the Syrian conflict in 2011, the country’s haircare market grew as Lebanon took in more than 1 million Syrian refugees.…

WITH a climate that leaves consumers constantly battling with dry and frizzy hair, and with a sizeable population of 32.6 million people, Saudi Arabia has become a strategic destination for haircare brands. Despite the deceleration of economic activity over the last year and tighter liquidity, the Kingdom’s haircare market experienced moderate growth in 2016 compared to 2015, increasing 1% in value terms to reach Saudi Arabian Riyals SAR2.9 billion (USD746.4 million), according to market researcher Euromonitor International.…

THE SOUTH African hair care market grew 6% in current value terms in the past year to South African Rand ZAR6.6 billion (USD488.4 million). And this growth is projected, by London-based market researchers Euromonitor, to rise by a 1% compound annual growth rate (CAGR) in constant value terms over the next five years.…

NON-GOVERNMENTAL Organisations (NGOs), international aid agencies and charities are under increased pressure to abide by international and domestic regulations that ensure their financial probity and avoidance of corruption. But while there is often effective oversight in their home countries, when in the field, especially in conflict zones, NGOs can struggle to navigate local rules and adapt to difficult circumstances to ensure appropriate auditing is in place.…

Singapore will review its 80 bilateral agreements on avoiding double taxation to ensure they do not help companies avoid paying tax where relevant business activity took place. This follows its signing the Organisation for Economic Cooperation & Development (OECD)-sponsored Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.…

With the nationwide tax being levied from July 1, the announcement of a wide variety of rates by India’s GST Council last week has caused concern. This is ironic given that a key aim of the reform was to streamline sales taxes – until now a patchwork of national, state and municipal charges.…

EUROPE’S nonwovens producers again served up a solid performance in 2016 against the background of (uneven and) uncertain trading conditions for the industry.

As usual, the just-published returns from EDANA, the representative organisation for the USD30 billion nonwovens industry in Europe, show some important national variations.…