Search Results for: South Africa

TURKISH textile and clothing manufacturers are eyeing slow but steady export growth in 2019, overcoming the challenges of regional instability, weak European export markets and a cheap Turkish lira that makes imported inputs more expensive.

The Turkish Exporters Assembly (TİM – Turkiye Ihracatcilar Meclisi) wants to bolster textile and garment exports by 10% to USD29 billion, according to Turkey’s Anadolu Agency, the country’s national news agency.…

THE GROWTH in fast fashion contracts struck between brands and Vietnam’s burgeoning outsourcing will boost demand for machinery and equipment in the Vietnamese textile sector as much as the new trade deals that have been struck by Hanoi, according to industry insiders.…

THE SUBMISSION to the White House by the US Department of Commerce of a report recommending whether and how the USA should impose tariffs on automotive and related parts on national security grounds has provoked significant concern worldwide.

President Donald Trump has 90 days from February 17 (to mid-May) to decide on whether to impose the tariffs under section 232 of the Trade Expansion Act.…

Refugees have welcomed an international initiative at Gulu University, in northern Uganda, that is equipping them with skills on agribusiness and micro-enterprise development, helping them become financially independent.

Gulu is one of two African universities implementing the Mastercard Foundation-funded Transforming African Agricultural Universities project whose goal is meaningfully contributing to Africa’s growth and development.…

WITH Kenya’s economy still growing fast – its GDP is projected to increase by 5.8% this year (2019) east Africa’s economic hub is expected to provide the paint and coatings sector plenty of extra sales. Such growth in the construction industry is reflected in its neighbouring countries, notably Ethiopia, Kenya, Rwanda, Tanzania and Uganda, offering additional sales for companies with the scale to score regional sales.…

TRADE-based money laundering (TBML) continues to be a complex typology that is tough for law enforcement to detect and ML regulators to control.

The risk is that with Iran being subject to new USA sanctions, the use of TBML is going to grow in the short term, warn experts.…

With their large financial services industries and open economies, the United Kingdom and the Republic of Ireland are conspicuously exposed to money laundering (ML) and terrorist financing (TF) risks.

Tough anti-money laundering (AML) and countering the financing of terrorism (CFT) policies are at the heart of their respective financial services regulations, yet both countries are regularly forced to fend off criticisms that they are not doing enough to tackle these problems.…

WITH Bahrain investigating its first major oil find in 86 years, the mineral sector will be keeping a close eye on exploration because this is an offshore shale oil and gas resource that will need fracking inputs to extract hydrocarbons.

“It is definitely very unique, a one of a kind oil find in shallower waters close to shore,” said Edgar van der Meer, senior research analyst at NRG Expert, in London.…

ANNOUNCEMENTS made at the Routes Americas conference for 2019 have demonstrated how the region’s civil aviation sector is expanding and providing more business to airports.

New Canadian low-cost carrier Jetlines, for example, unveiled plans to put conference host Quebec City on its route network when it begins operating later this year.…

THE UK government has released consultatory green paper on broadening its powers over air space allocation as it looks ahead to a post-Brexit future after March 29. Aware that air space congestion, especially in the densely populated south-east of England, will worsen, the government wants to ensure airports work together to maximise the efficiency of their air space utilisation.…