Search Results for: South Africa

Cambodia’s clothing sector may continue to face challenges over its weak backward linkages and pressure to increase wages – balancing reasonable pay with international competitiveness in price sensitive markets – but its apparel export receipts remain healthy. The country’s clothing export earnings were not seriously damaged by the Covid-19 pandemic, which had a relatively light impact on Cambodia.…

The US Congress is gearing up to adopt the ENABLERS Act (1) that would extend anti-money laundering requirements (AML) in the Bank Secrecy Act (2), such as customer due diligence and reporting suspicious transactions, to cover professional service providers including certain lawyers and accountants, third-party payment services and people who form or register companies or trusts.…

With inflation and hard currency shortages compounding the economic disruption caused by Covid-19, governments in south and south-east Asia have been implementing unorthodox trade controls to wrestle control – unfortunately, the beauty sector has been a victim.

Pakistan is a case in point.…

The technical textile market looks set to ride out current turbulence caused by inflationary and geopolitical pressures, including Russian militarism, with a projected uptick in global performance – research and industry commentators predict. But plans for onshoring and innovation investments might be delayed as day-to-day costs continue to rise.…

Sri Lanka’s unprecedented economic and political crisis escalated early this week (July 9) amidst mass public protests forcing the country’s now former President Gotabaya Rajapaksa to flee the country to Maldives, before finally quitting the top job yesterday. Notwithstanding the chaos, its textile and knitwear and woven apparel sector has so far managed to keep the industry afloat so far.…

A growing number of successful good practice case studies in Africa are helping guide universities and colleges into how best to boost access to higher education across the continent. More than 80 million Africans have disabilities, according to the UN (1).…

The economic development minister of Canada’s automotive industry hub Ontario has welcomed today’s (July 13) announcement by Belgium’s Umicore to sink Canadian dollars CAD1.5 billion (USD1.15 billion) investment to build a cathode and precursor materials manufacturing plant.

It will be near Kingston, eastern Ontario, with operations scheduled to begin in 2025.…

There is a growing global movement to align Islamic social finance with the United Nations’ Sustainable Development Goals (SDGs) (https://sdgs.un.org/goals), which are designed to address global environmental, social and economic challenges by 2030. These include combating poverty, inequality, climate change and environmental degradation and ensuring social justice.…

Time was when modest Muslim fashion was about being unseen – practicing piety without giving as much as a nod to style or fashion. But female consumers around the Muslim world are increasingly combining their desire to proclaim modesty and religious identity without discarding elegance and sophistication in their clothing choices.…

THE BRITISH Coatings Federation (BCF) has continued to press the UK government to mitigate the problems caused by Britain’s Brexit withdrawal from the European Union (EU), as the country’s industry fights to preserve its income.

Both imports of raw materials and packaging supplies, as well as exports of finished products to and from the EU have been hindered by the red tape imposed on trade under the EU/UK Trade and Cooperation Agreement (TCA) that underpinned Brexit, says the BCF.…