Posts from category Africa News
Investment Threshold Makes Ghana No Entry for Businesses
on September 13, 2010 by admin in Africa News, Business, Trade News, Comments Off
An analysis on investments in Ghana finds that an old law is restricting foreign investments to that country as it prescribes unreasonable minimum investment limit while leaving out domestic ones from the legal periphery. The business entities mainly run by… Continue reading
Trade Overtures by Brazil to Arab World Pay Huge Dividends
on August 12, 2010 by admin in Africa News, Export News, Import News, Iranian Business, Iranian News, Trade Deals, Trade News, Comments Off
According to the recent data released by the Ministry of Agriculture, Livestock and Supply of Brazil indicate that the country’s exports to the Arab region have increased by leaps and bounds. Brazil’s agri-business has posted 40 percent growth in yearly… Continue reading
Aviation Industry Lengthens Trajectory in Africa
on August 9, 2010 by admin in Africa News, Botswana News, Ethiopia Airlines, Ghana News, Kenya News, Morocco News, Namibia News, Tourism News, Travel News, Turkey News, Comments Off
Renewed confidence in the African economic renaissance, most international airlines are on an expansion mode in the African continent to meet the growing demands of a prospective travel and freight market. The stupendous rebound of Africa from the global economic… Continue reading
Your Drink Can Help Some Farmers Get Living Wages
on July 27, 2010 by admin in Africa News, Business, Economy, Mexico and the US, People, Comments Off
TransFair USA, a non-profit organization and a third-party certifier of Fair Trade (FT) products in the US has now launched FT-labelled vodka which ensures farmers from Bolivia to fetch commensurate earnings for their produce. The organization has added on Fair… Continue reading
Mercosur-Egypt FTA Likely to Exclude Sensitive Poultry Trade
on July 26, 2010 by admin in Africa News, Business, Latin American Business, Trade Deals, Trade News, Comments Off
The Free Trade Agreement between Mercosur and Egypt is expected to label poultry in the sensitive category as the latter fears it may adversely impact the domestic industry. According to the Al-Masry Al-Youm, an Egyptian daily, Egypt has asked for… Continue reading
Zimbabwe to Buy Small Denominations to Fix Currency Crisis
on July 20, 2010 by admin in Africa News, Business, Economics, News, Politics, South Africa News, US Business News, Comments Off
The Finance Minister of Zimbabwe has announced that his country would import small change to stave off worsening currency problems. The day to day lives of the Zimbabweans have become difficult ever since the country experienced severe shortage of small… Continue reading
EAC Common Market Likely to Slash Cost of Consumables
on July 12, 2010 by admin in Africa News, Business, Export News, Import News, Trade Deals, Trade News, Comments Off
The East African Common Market (EACM) which came into force on July 1 is expected reduce prices of household items as the new ‘competitive’ market environment will trigger some price shake-up on many consumables. Though the EACM may take almost… Continue reading
Jabulani Controversy May Favour Dwindling Pakistani Exports
on July 2, 2010 by admin in Africa News, Business, Export News, Global Export News, Import News, Pakistan News, Trade News, Comments Off
The hullabaloo over Jabulani, the official FIFA World Cup football may help the failing exports of Pakistan if the soccer governing body opted for Pakistan’s hand-stitched footballs over the Chinese thermally bonded ones after the tournament. Last week, FIFA stated… Continue reading
Unproductive Rubber Tree Rejuvenation a Success in Liberia
on June 25, 2010 by admin in Africa News, Business, Canada News, Cheap Energy, Economy, Environment, EU News, Trade News, Comments Off
An initiative to make use of old rubber trees by a Canadian renewable energy firm in Liberia is reaping rich dividends to the country’s economy. The project is reported to have helped the farmers to get cleared of the old… Continue reading
Discarded Plastic Bottles Provide Housing for Poor in Lat-Am
on June 23, 2010 by admin in Africa News, Blog, Economy, People, Comments Off
The ubiquitous plastic bottles, a serious menace to nature is becoming a key raw material in building houses for the low income families of Latin America. The brain behind this project is understood to have drawn inspiration from a need… Continue reading
India Diamond Trade Bolsters – Yet Short of Pre-crash levels
on June 18, 2010 by admin in Africa News, Business, Import News, India News, Trade News, Comments Off
According to the Gem & Jewellery Export Promotion Council (GJEPC), India’s polished diamond exports rose 73 percent year on year to almost $1.8bn in May and the polished imports rose 68 percent during the same period to $984mn for the… Continue reading
Botswana Identifies Cuba as Decisive Ally – Signs Pacts
on June 11, 2010 by admin in Africa News, Bilateral Trade, Botswana News, Latin American Business, News, Trade Deals, Trade News, Comments Off
The three-day visit by the president of Botswana to Cuba has culminated in the signing of several accords including healthcare, education, sports and agriculture. The Botswanan President Seretse Khama Ian Khama told that Cuba’s assistance to his country was enormous… Continue reading
Nigeria Loses 10 Percent of the GDP to Illegal Maritime Acts
on June 3, 2010 by admin in Africa News, News, Trade News, Comments Off
A top official from the Nigerian government has informed that the country was losing more than 10 percent of the GDP solely due to illegal maritime activities taking place in the Nigerian waters. The Chairman, Presidential Implementation Committee on Maritime… Continue reading
Strike Paralyses SA with More in Store Ahead of World Cup
on June 1, 2010 by admin in Africa News, Business, Economy, News, South Africa News, Trade News, Comments Off
South Africa (SA) continues to reel under the ‘strike’ bogey with transport strike nearing end while others surfacing. A likely strike by half of the workers at state-owned power utility Eskom and another by civil servants, including nurses, police and… Continue reading
GCC Puts Oil and Gas Exports at $18.3tn
on May 25, 2010 by admin in Africa News, Business, Export News, GCC News, Kuwait News, News, Saudi Arabia News, Trade News, World Business, Comments Off
The head of Dubai International Financial Centre (DIFC) while addressing the second day of the MENASA (Middle East, North Africa and South Asia) Forum in Dubai said with the presumption of average oil price at $50, the current value of… Continue reading
Mosquito-feasting Plants May Well Be the Answer
on May 21, 2010 by admin in Africa News, Business, Miscellaneous, News, Research, Comments Off
A Ugandan scientific team is believed to have discovered an eco-friendly method to eradicate mosquitoes. The team headed by Prof. Jasper Okeng of the Pharmacology department of Makerere University is planning to use insect-eating plants to contain mosquito menace to… Continue reading
WTO Must Streamline Organized Workforce to Cut Socio-economic Imbalances
on May 15, 2010 by admin in Africa News, ASEAN News, Blog, Business, Economy, EU News, Global Economy, Opinion, World Business, World Business News, Comments Off
It is now apparent in the light of various studies conducted by both the UN agencies and other independent bodies that globalization has eluded its goals by not translating it into targeted benefits. Instead of creating an all-inclusive socio-economic development… Continue reading
Majority Do Not Buy Terror Advisories Rather Go by Intuition
on May 3, 2010 by admin in Africa News, Australian News, Bahrain News, Business, EU News, News, South Africa News, Tourism News, Travel News, US Business News, World Business News, Comments Off
A recent opinion poll on whether terror advisories altered one’s business itinerary revealed that 54 percent of the respondents went by their intuition and never fell prey to media hype or any such government notifications. The poll which was featured… Continue reading
Saudi Arabia Broadens Business with US on a Grand Scale
on April 29, 2010 by admin in Africa News, Business, Economy, News, Trade Deals, Trade News, US Business News, World Business, Comments Off
The ongoing two-day US-Saudi Business Opportunities Forum, a first of its kind, has become a venue for the Saudi kingdom to woo US with investment opportunities worth more than $250bn. A delegation of about 200 which includes prominent state officials… Continue reading
China and Bangladesh Look at US after India Cotton Ban
on April 26, 2010 by admin in Africa News, China Business News, India News, News, Trade News, Comments Off
The US has become the most sought after location for cotton following India barred last week its cotton shipments in an effort to curb soaring domestic prices. The sudden halt of exports of Indian cotton has put pressure on yarn… Continue reading
UN Report Warns Neglect of Water and Sanitation to Nullify Progress
on April 22, 2010 by admin in Africa News, ASEAN News, Economy, India, News, Comments Off
According to a UN study on water and sanitation, the economic growth of every country is directly linked to its progress made in providing potable water and sanitation facilities. It says there is strong evidence that achieving the water and… Continue reading
ACTA to Play God on Online Activities – Overrides WIPO Role
on April 21, 2010 by admin in Africa News, Asia Pacific Trade, Australian Business, B2B Business, Bilateral Trade, Canada News, China Business News, E-Commerce, EU News, Global B2B, India, India News, Pakistan News, Switzerland News, Trade News, World Business, World Business News, Comments Off
The Anti-Counterfeiting Trade Agreement (ACTA) which will be released on Thursday from New Zealand is expected to put tabs on most e-activities on the basis of piracy or copyright infringement. Moreover, the accord is also likely to slight the existence… Continue reading
Kenya Names Bamboo as Wonder Food – Imparts Skills to Farmers
on April 15, 2010 by admin in Africa News, Kenya News, News, Tanzania News, Uganda News, Comments Off
The Kenya Forestry Research Institute (Kefri) and other groups are helping farmers to become compliant to a government order by supplanting eucalyptus trees to more versatile bamboos. According to the Daily Nation, anticipating increased demand in bamboo, the Kefri and… Continue reading
China will continue to Spur Its Firms to Invest in Vanuatu
on April 13, 2010 by admin in Africa News, Asia Pacific Trade, Australian Business, Australian News, Bilateral Trade, China Business News, Trade Deals, Trade News, Comments Off
Prime Minister of Vanuatu Edward Natapei met Chinese Premier Wen Jiabao at Beijing in honour of latter’s invitation. Natapei’s 6-day visit to China is expected give added fillip to the already strong China-Vanuatu bilateral relations. During the meet, the Chinese… Continue reading
Uganda Welcomes New Development Plan with Hopes and Doubts
on May 7, 2010 by admin in Africa News, Business, Commentary, Economy, News, Review, Uganda News, Comments Off
Uganda’s latest offering of the new National Development Plan (NDP) is looked upon by its citizenry with lot of hope as well as misgivings. The failures of past experiments to perk up the economy are forcing people of the country… Continue reading