Search Results for: South Africa

SOUTH Africa has more than 30,000 flowering plant species including 10% of the world’s higher species, providing fertile ground for an organic and natural cosmetic and toiletry industry and market.

Combine the natural ingredients with a burgeoning middle-income society with increasing numbers of consumers seeking healthier lifestyles and it is no surprise that sales of these products are increasing.…

ISRAEL’S booming natural and organic cosmetics sector has grown largely because of its focus on scoring international sales and manufacturers have in the past shown less interest in increasing the local market base. But this strategy has been changing significantly of late. …

An increasing and unprecedented desire to smell good at all times is driving an increase in deodorant sales within Indonesia, an emerging market of more than 260 million people, whose tropical climate sees average daily highs generally exceed 28C.

The affordability of deodorants and their widespread availability at supermarkets have been boosting sales, especially among the country’s growing middle class, although there has not been a constant increase in sales in recent years, with a fall in the value of the Indonesian Rupiah in 2013 and 2014 depressing imports, which are of key importance for supplies of this consumer product in Indonesia.…

AUSTRALIA is witnessing something of a sea change when it comes to natural and organic cosmetics.

Jill Chambers, founder of a natural and vegan cosmetics company The Makeup Factory, based in Perth, told Cosmetics Business Markets “Just a few years ago there was a huge misconception that if a brand was natural it wasn’t effective.”…

While South Korea has not yet ratified the UN’s Paris Agreement dealing with greenhouse gas emissions, its important automobile industry has been making serious commitments to green practices, including the transition from solvent-based to waterborne coatings.

According to New Jersey, US-based coatings consulting firm Kusumgar, Nerlfi & Growney, the South Korean passenger car and light vehicle coating market involved supplies of 60,000 tonnes in 2016, and these are becoming increasingly environment-friendly: about one-quarter of basecoats sold are now waterborne.…

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.…

THE PLANNED introduction of mandatory audit firm rotation (MAFR) by the South African Independent Regulatory Board for Auditors (IRBA) has sparked widespread dissention within the country’s business and accounting communities This is despite that the reform’s goal is to strengthen auditor independence and audit quality and that there are some calls for the move to be brought forward from the current introduction date of April 1, 2023.…

KENYA is east Africa’s economic dynamo and what happens in this jurisdiction has a lot of influence over government policy in neighbouring countries. So, the fact that the Kenyan government is now pushing hard on installing detailed public accounting standards, following in the footsteps of next-door Tanzania – is important.…

Turkish textile entrepreneurs have been signalling a willingness to relocate their units to Bangladesh, tapping into the south Asian nation’s geo-economic significance, officials and diplomats say.
Interest was notably shown by Turkish investors in week-long seminars on Trade & Investment Opportunities in Bangladesh’, organised by  the Bangladesh embassy in Ankara, in April and this month (May), in five Turkish cities, including the capital Ankara, key textile production centre Istanbul, Kayseri, Bursa and Kocaeli province.…

THE INDONESIAN government must do better in controlling illegal imports of textile and textile products, Anies Soengkar, chairman of the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia) branch Pekalongan, Central Java told WTiN.com.

This representative of a key textile production zone in Indonesia said that illicit imports are entering the country for distribution by door-to-door delivery networks.…