Search Results for: Zimbabwe

Tanzania is now Africa’s second-largest raw tobacco producer after Zimbabwe, according to the country’s agriculture minister Hussein Bashe and plans are underway to increase production and leaf processing capacity by encouraging more small-scale farmers to engage in contractual tobacco commercial farming.…

As the country reels from an alleged gold smuggling scandal, Zimbabwe’s AML/CFT performance has shown how technical compliance with FATF rules is not enough, its Financial Intelligence Unit (FIU) director general has told MLB: “It is one thing to have a compliant legal framework and it is another thing to make sure the regime is being used effectively to fight money laundering,” Oliver Chiperesa told MLB.…

Despite the impact of climate change, weak domestic markets and under-developed final product processing, Malawi’s farmers still regard dairy production positively and are embracing good livestock husbandry practices to increase return on investment.

Malawians are keen on milk and dairy products, but the sector is currently cannot meet demand to the 19 million population as dairy processing is nascent.…

As wars and civil wars intensify worldwide, international and national sanctions are being issued thick and fast and are expanding in scope and complexity. Financial institutions are scrambling to keep up, while regulators are clamping down hard on sanctions violators. The outlook is for a broadening of sanctions ahead.…

A global student body is encouraging universities and colleges to lead societal change that pushes behavioural norms towards more sustainable practices, reducing greenhouse gas emissions, as this summer’s record heat https://www.nasa.gov/news-release/nasa-announces-summer-2023-hottest-on-record/#:~:text=The%20summer%20of%202023%20was,(GISS)%20in%20New%20York. Underlines climate change.

Students Organising for Sustainability (SOS) International was launched in Denmark during 2019 and has since grown to be an alliance of 27 national and international organisations, working together to promote sustainability on campus, at home and at work.…

South Africa’s paints and coatings market is expected to generate USD2.1 billion by 2026 after growing at an estimated 5.6% compound annual growth rate (CAGR) between 2021 and 2026. This is according to India-based market research and data analytics provider IndustryARC (1).…

India’s tightly regulated tobacco leaf sector, producing the world’s second largest annual output of tobacco leaf at around 800,000 tonnes (following China and just ahead of Brazil), according to the Tobacco Board of India, is investing in modernisation to further strengthen this position, which includes a recent surge in export sales (1).  …

The secretiveness with which China guards its tobacco news and figures – even of tobacco leaf production – says much about the state’s priorities under President Xi Jinping. This strongman leader who has of late prioritised security/repression over economic growth, has blocked the site of the China National Tobacco Corporation (CNTC), the national tobacco monopoly, to users outside China.…

The precious metals and stones sector is increasingly under the spotlight regarding ML and TF, particularly gold. Given the fungibility of precious metals, the complexity of their supply chains and the varying levels of oversight worldwide, they continue to be an attractive means to launder money – especially gold, which remains the precious metal of choice for launderers.…

Demand for US tobacco leaf is projected to remain robust, despite increased reluctance to use smoked products (worsened by concerns about respiratory disease prompted by Covid-19) and the ongoing China–US trade war launched by former US President Donald Trump.

Tobacco leaf was one of the Chinese export products hit by punitive US import duties of 25% imposed during 2019, with China responding in kind with additional 10% and 25% duties levied on US exports of tobacco leaf to China.…