Search Results for: Zambia
10 results out of 99 results found for 'Zambia'.
STATE CUTS IN EDUCATION FUNDING PUSHES UP STUDENTS’ COSTS, WORSENS EDUCATION
State cuts in funding for public higher education within Zambia have pushed more costs onto students, making it harder for them to learn and graduate, the country’s education union leader has said. The cuts have also encouraged a sprouting of private universities offering poor quality education, he told UWN.…
COVID-19 HELPS RISK CONSULTANCIES PERSUADE CLIENTS TO PREPARE FOR THE UNCERTAIN, SAYS MAURITIUS BUSINESS AND AUDIT ADVISOR
Covid-19 has ripped through the economy of the Indian Ocean country Mauritius, but it has helped island business advisory agency managing director Sheila Ujoodha make her case to clients that risk assessments and contingency planning are important.
The owner of SmarTree Consulting (SCL) since she created the company in 2018, Ujoodha is busy suggesting how businesses can cope with the pandemic, through its services of internal audit, risk assessment and regulatory consulting.…
TOBACCO SECTOR EXPLORES POTENTIAL OF BLOCKCHAIN TECHNOLOGIES
The Internet has hardly developed a reputation for honesty, but blockchain technologies where different computers log transactions in separate units, connected to a web of entries (blocks), are tough to falsify.
Of course, blockchain’s most high-profile use has been to underpin the reliability of cryptocurrencies, but the principle of this unchangeable and autonomous web of ledgers has so many potential uses – the tobacco sector has been exploring them.…
EDUCATION OFFICIALS WARN ZAMBIAN GOVERNMENT IT MAYBE ENDING LOCKDOWN TOO EARLY
THE ZAMBIAN government’s plan to start reopening universities on July 1 has sparked serious concerns in among senior high education officials that the move is coming too early, and could see Covid-19 spread like wildfire amongst the student body and academics.…
WHISTLEBLOWING RULES IN MIDDLE EAST AND AFRICA EMERGE, BUT ARE INCONSISTENT
Only a handful of countries in the Middle East and Africa have dedicated whistleblowing laws – South Africa, Mozambique, Zambia, Uganda, Ghana, Liberia, Algeria, Morocco, and the Israel-occupied Palestinian territories, according to Blueprint for Free Speech, a charity promoting freedom of expression (https://www.blueprintforfreespeech.net/).…
SLOW PROGRESS ON TOBACCO REGULATION IN BOTSWANA’S STABLE AND PROSPEROUS MARKET
IF there was a sub-Saharan African country expected to steer a middle course between World Health Organisation (WHO) demands on smoking and protecting a stable and prosperous tobacco industry and market, it would surely be relatively wealthy Botswana – with an average per capital income in 2018 USD7,750.…
TRADE DATA ANALYSIS INDICATES WIDE SCOPE FOR TRADE-BASED MONEY LAUNDERING MAY INVOLVE THE SHIFT OF BILLIONS OF DOLLARS IN VALUE
GIVEN the hundreds of billions of dollars spent by banks on fighting money laundering, fears that trade-based money laundering (TBML) remains widespread, as stressed by FATF, the APG (http://www.fatf-gafi.org/publications/methodsandtrends/documents/trade-basedmoneylaunderingtypologies.html), and most recently, the European Commission (https://ec.europa.eu/info/sites/info/files/supranational_risk_assessment_of_the_money_laundering_and_terrorist_financing_risks_affecting_the_union_-_annex.pdf), are of serous concern. The World Trade Organisation (WTO) said that in 2018, global merchandise exports were worth USD19.48 trillion, so there is plenty of place for laundered money to hide.…
ZAMBIAN GOVERNMENT IN BIND – HAVING TO STEER BETWEEN FCTC AND ECONOMIC DEVELOPMENT POLICIES THAT INVOLVE TOBACCO PRODUCTION AND MANUFACTURE
ZAMBIA’S government is caught between enforcing World Health Organisation (WHO)-sponsored tobacco control regulations and pushing an economic strategy which touts tobacco leaf as a key component of its goal to transform the Zambian economy to upper middle-income status by 2030. Zambia signed and ratified the WHO Framework Convention on Tobacco Control (FCTC) in 2008 and has since been working to implement its provisions, although progress has been slow.…
COPPER PRODUCTION BOUNCES BACK IN BOTSWANA
Botswana looks set to boost southern African copper supplies with Khoemacau Copper Mining Pty. (Ltd), a subsidiary of a US-based company, Cupric Canyon Capital, planning to open a mine in the country’s Kalahari copper belt.
The planned mine has an initial annual production of 62,000 tonnes of copper (and 1.9 million ounces of silver), with managers hoping to increase yearly production to over 100,000 tonnes of copper and three million ounces of silver.…
ZAMBIA GOVERNMENT TOBACCO SALES REFORMS PROMPTS COURT BATTLE WITH TRADERS
ZAMBIA’S government’s is facing resistance to its bid to introduce new tobacco regulations, with opponents resorting to the courts to block reforms, which – if passed – would immediately affect the operations of auction floors.
Last year, Zambia produced 30 million kilogrammes (kg) of tobacco, up from 23 million kg recorded in 2017, and the Zambian government wants to push that figure to 40 million kg by 2021.…