Search Results for: South Africa

IT is now two years since the International Cocoa Organisation (ICCO) headquarters moved from London to Abidjan, in Ivory Coast (Côte d’Ivoire) in July 2017, a move ICCO called a “turning point that will bear fruit in the years to come.”…

THE PERSONAL care product sector has an increasingly complex and global supply chain and as a result, international technical standards are growing in utility and importance. Where suppliers and retailers follow and require the use of international standards to guide their operations and products, there will be fewer nasty surprises, in orders and purchases.…

RUSSIA’S paint industry is slowly growing but upcoming chemical regulations could limit the output of some potentially hazardous products. There are two such laws in the pipeline. One is a technical regulation ‘On the safety of chemical products’. This was adopted and ratified by the Russian government in 2016, and will come into force in 2021 (on July 1), and bans the use of a range of hazardous chemicals, some used by Russian coatings manufacturers. …

Gosego Motsamai, the new managing partner and country manager at KPMG Botswana, has blazed a trail by being the first woman to secure such a post in a Big Four firm within this dynamic emerging market country.

With 23 years’ experience, Motsamai still brims with passion for the profession and often works late into the evening to ensure deadlines are met, a tidy habit she has developed from her early days as an accountant.…

EXPORTS of nonwovens products from the European Union (EU) to the rest of the world are on the rise, with in 2018 such overseas sales of nonwovens (whether or not impregnated, coated, covered or laminated) within the 28 members of the European Union (EU) accounted for EUR4.33 billion, up from EUR4.19 billion in 2017.…

MONEY service businesses (MSBs) are having a tougher time operating in compliance with international AMF/CFT rules, especially those in emerging market countries, where they have to deal with a double challenge of tighter controls and derisking by banking partners.

MSBs throughout the Middle East, for instance, have been hit by derisking from correspondent banks as well as designations by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC).…

THE INDUSTRIAL minerals mining and processing sector and its customers has an increasingly complex and global supply chain and as a result, international technical standards are growing in utility and importance. Where suppliers and retailers follow and require the use of international standards to guide their operations and products, there will be fewer nasty surprises, in orders and purchases.…

THE INDIAN clothing and textile industry thinks it is better able to score export orders internationally since March when the central government announced new tax benefits for the country’s garment exporters. Rahul Mehta, president of Clothing Manufacturing Association of India, told just-style, that the combined reduction in costs delivered by a refund of the central and state taxes, new benefits under the Merchandise Exports from India Scheme (MEIS), and renewed 2% duty drawbacks, is 9% to 10%, and that “makes us more competitive”.…

Russia has criticised Mexico at the World Trade Organisation (WTO) for maintaining anti-dumping duties on Russian steel exports, which it claims are outdated, being based on pricing assessments using data from a different country.

The Mexican government used this method for past dumping calculations on Russian steel because it is permitted under WTO rules where a government dominates an economy that does not operate as a free market.…

PAKISTAN’s apparel and garment exporters have called on the country’s new government to simplify what it regards as overly complex trading red-tape impeding the import of key inputs, vital for diversifying export-oriented production.

“To increase our exports, we will have to enhance our product lines and relax the existing import policy for import of raw materials,” Muhammad Ijaz Khokhar, coordinator of the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) told just-style.…