Unilever Ghana scoops two awards at first Ghana Expatriate Business Awards
The Ghanaian arm of Dutch personal care giant Unilever has received two awards at the first Ghana Expatriate Business Awards, including Top Expatriate Business. Organised by the Ministry of Trade and Industry, the awards were developed to highlight the importance of...
Israeli Finance Minister announces record tariff cancellation program
The Israeli Finance Minister Moshe Kahlon has swept away customs and purchase taxes valued at NIS800 million, in a move described as the ‘largest tariff cancellation program to take place in the State of Israel since the 1990s’, according to a report published by The...
MAC Cosmetics partners with Abryanz Style and Fashion Awards 2017
MAC Cosmetics has partnered with the Abryanz Style and Fashion Awards 2017, according to a report published by Ghafla. The Lauder-owned brand was announced as the official cosmetics partner for the Ugandan event via ASFA’s facebook page. “It is no longer a rumour. It...
GlamBox Middle East acquired by a consortium of Saudi investors
GlamBox Middle East has been acquired by a group of Saudi investors for an undisclosed sum, according to a report published by Forbes Middle East. The individual investors have not been identified, but have experience in media, retail and hospitality, according to a...
Qatari-Tunisian economic forum meets to boost bilateral trade
Business owners from Qatar and Tunisia met last week for the two-day Qatari Tunisian economic forum, aimed at boosting trade between the two nations, according to a report published by The Peninsula Qatar. President and Director General of the Tunisian Export...
Huda Beauty to sell minority stake to fund growth?
Dubai-based Huda Beauty has hired Financo to help broker a minority deal, according to a report published by WWD. The make-up brand is hoping to sell a ‘very small’ stake in the business to a private equity investor, who would then partner with the company as it...
Henkel: we see huge potential in Iran
Henkel has revealed that it will continue to operate in Iran despite the uncertainty caused by tensions between the country and the US over the former’s nuclear deal, according to a report published by Xinhua. “We see huge potential in Iran, it is a market with a...
Tunisia plans to raise cosmetics importation tax to help cut budget deficit
The Tunisian government has come up with ambitious plans to help cut the budget deficit, which could include raising custom taxes on foreign cosmetics importation. Ridha Saidi, aid to Prime Minister Ridha Chalgoum, told Reuters, “We will raise some customs taxes on...
Female make-up moguls behind Lavie and Kiyomisandz storm Forbes Africa’s 30 under 30 Entrepreneurs list
A series of talented young women made Forbes Africa’s Class of 2017 30 under 30 entrepreneurs list, according to a report published by The African Exponent, among them the owners of the region’s most promising beauty brands. Women make-up a third of the high-profile...
PZ Cussons invests Sh30 million into Kenya business
PZ Cussons is hoping to build its Kenyan operations, despite the country’s recent economic hardship, according to a report published by Capital FM. The UK-based manufacturer of Imperial Leather soap will invest Sh30 million to raise consumer awareness, usher in...
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