Search Results for: South Africa

China’s new anti-corruption watchdog, the National Supervisory Commission, could be abusing its sweeping powers to detain people without access to legal counsel. Launched in March under a National Supervision Law, the Commission’s powers outrank courts and prosecutors, in line with China’s newly-revised constitution.…

A COMPREHENSIVE reform of European Union (EU) VAT reform, designed to reduce opportunities for VAT fraud, and helping regulators and law enforcers fight such crime has been approved by the EU Council of Ministers. It includes standardising communications between VAT regulators and insisting on more automatic tip-offs of suspicions about cross-border fraud.…

SOUTH-EAST Asia maybe a diverse and hence complicated region in which to market personal care products, but the growth in sales in all its countries make it an attractive target for beauty brands.

The Philippines is a case in point. The gross domestic product (GDP) of this 103 million people archipelago recorded 6.7% GDP growth in 2017, and the World Bank projects it to grow further at an annual rate of 6.7% in both 2018 and 2019, before settling at 6.6% in 2020.…

EASTERN Europe offers some significant advantages as regards digital fabric printing – it has a high skilled workforce, reliable utilities and transport, access to western European markets, and comparatively low wages.

Its fabric producers also look for technological niches that allow them to compete with Asian manufacturers on quality and western European companies on cost – and digital textile printing as a result is popular.…

THE NORDIC region is associated with cleanliness, environmentalism and healthy living, so maybe it is no big surprise that sales of natural organic personal care products are strengthening in these markets. So engrained is this trend, say experts, colour cosmetics lines are increasingly being developed as natural organic products.…

THE RUSSIAN financial conglomerate AFK Sistema, owned by billionaire Vladimir Evtushenkov, plans to expand into the country’s textile manufacturing business through the acquisition of a controlling stake in Vologda Textile, one of Russia’s largest and oldest textile producers. According to sources close to AFK Sistema, the company is interested in a 51% stake in the mothballed north-west Russia-based Vologda Textile – its first investment in the textile sector.…

EDUCATIONALISTS have called upon Kenyan universities to include social justice and transformation in their teaching curriculum, to prepare graduates to serve their societies selflessly and diligently.

At a conference called ‘Touching Hearts, Teaching Minds and Transforming Lives’, staged at Tangaza University College, in the capital Nairobi, delegates were told Kenyan students are not fully prepared for the society they are expected work and serve within, upon graduation in the current system.…

THE NONWOVENS sector has always been at the cutting edge of materials production, and so established developed economy manufacturers have often had the edge. But with global markets integrating, and emerging economies becoming increasingly sophisticated, new nonwovens manufacturing bases are growing all the time.…

EAST African countries maybe updating their anti-money laundering and combating the financing of terrorism (AML/CFT) legislation and strengthening related institutions, but experts warn that a lack of enforcement will aid the proliferation of ML and TF in the region.

In Kenya, a Proceeds of Crime and Anti-Money Laundering (Amendment) Bill was approved by the country’s parliament last March (2017).…

NEW Zealand maybe top of the Transparency International’s Corruption Perception Index but dirty money abounds – this March (2018), New Zealand Police said that New Zealand dollars NZD1.35 billion (USD916 million) is laundered annually, primarily from drug and fraud offences.

See http://www.police.govt.nz/sites/default/files/publications/fiu-nra-2018.pdf…