Search Results for: South Africa

At a time when footwear companies are moving to tap high-quality and high-added value segments and niche markets, such as vegan shoes, attention is now turning to the sales potential being offered for sales of footwear that is halal-certified in wealthy non-Muslim majority markets such as Europe and north America.…

It would be surprising if as complex an intergovernmental programme as AML/CFT did not spark unintended consequences, but some AML/CFT experts fear that the global system designed and promoted by FATF has caused unwanted and damaging actions that cut across its stated goal – to fight and prevent money laundering.…

THE PERU clothing industry has backed moved by the country’s left-wing government to impose temporary safeguard duties on imports of clothing into this south American country that is a hub for wool production, especially using alpaca fibre.  

The World Trade Organisation (WTO) has reported that Peru has launched an inquiry into what is considers a glut of imports that is undermining the commercial health of Peruvian clothing and textile manufacturers.…

The Angolan government has been pushing ahead with to expand the countries higher education services – with initiatives progressing this year in its public and private wings. A new private university was inaugurated in October, with the government planning to build a new university hospital this year and major expansions being completed in two public universities.…

The international growth of media content focused on Muslim cultural and Islamic religious interests is burgeoning, with companies expanding the reach of their output across national borders, developing an increasingly comprehensive ecosystem of programming delivered by broadcasting and internet-based apps.

The opening of the Dubai, United Arab Emirates (UAE) bureau of the Annahar Al Arabi digital news platform in January (2022) is one example of such cross-border growth, highlighting an appetite for regionally-relevant content in the Gulf region.…

South Korea’s paint and coatings market is readying itself for a sustained rebound after 2021 saw it recover from declining sales in 2020 prompted by the Covid-19 pandemic. UK-based market researcher Euromonitor International’s Paints and Varnishes in South Korea report published in December 2021 showed that the country’s paints and varnishes production value declined by 0.9% year on year in 2020, to USD6.8 billion, but Euromonitor predicts the industry’s turnover will have fully recovered in 2021 to 2019 levels or beyond. …

Bulgaria’s new government has promised to fight corruption and challenge the country’s reputation as the European Union’s (EU) worst blackspot for graft. The new Bulgarian Prime Minister Kiril Petkov defeated former PM Boyko Borissov last November amidst demonstrations against government corruption.…

A specialist fraud squad for Britain’s HM Revenue and Customs (HMRC) has seized crime-tainted assets and money worth more than GBP1 billion (USD1.35 billion) since it was formed of five years ago, the organisation has revealed (1).

HMRC’s Fraud Investigation Service (FIS) utilises both criminal and civil enforcement powers to pursue suspected proceeds of crime.…

Businesses and government agencies continue to face a barrage of attacks from cyber-criminals, which have continued unabated in the past year, keeping up the pressure of frauds and hacks that have increased since Covid-19 spread worldwide in March 2020.

Organisations around the world faced more cyberattacks than ever before in 2021, say some data collectors.…

While a projected boom in renewable diesel production is expected to disrupt the American bio-based oils and fats market, a swifter adoption of electric transport technology in Europe is likely to reduce this impact in the European Union (EU), the European Commission has projected.…