Tag Archives: continues

Chinese demand for South African wine continues to rise

Perfect Wines of South Africa, a brand formed in 2013 between L’Huguenot Vineyards and Chinese distributor Yangzhou Perfect China, now accounts for 25% of all South African wine sold in China.

South African wine is challenging the dominance of French wine in the Chinese market (Credit: iStock)

Earlier this year, a Vinexpo report showed that by 2021, China would be the second largest wine market in the world after the US.

Over the next five years, China’s consumption is expected to rise by over one third to $23 billion when it will reach a volume of 192 million cases.

It would seem that the chairman of South African wine producer L’Huguenot Vineyards, Hein Koegelenberg, has excellent foresight, after forming a partnership…

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African Union continues charting way forward for geothermal development in Africa

The Event was organized by the Department of Infrastructure and Energy of the African Union Commission (AUC) and was attended by high-level …
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US Government continues to support Caribbean in managing impacts of natural disasters

Posted: Thursday,December 6,2018. 11:40 a.m. CST.

By BBN Staff: In keeping with efforts to strengthen the region’s capacity to mitigate the impact of natural disasters, the United States Government delivered a US $2 million Light Detection and Ranging (LIDAR) System to the Caribbean Community Climate Change Centre (5Cs) for use throughout the Eastern and Southern Caribbean.

This initiative is part of the U.S. Agency for International Development’s (USAID) three-year Climate Change Adaptation Project (CCAP) implemented in partnership with the Belize-based organization.

Mission Director for the U.S. Agency for International Development (USAID) Eastern and Southern Caribbean, Christopher Cushing, formally handed over the equipment to the Executive Director of the 5Cs, Dr. Kenrick Leslie,…

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Societe Generale continues its sustainable growth strategy in Africa

A region of profitable growth for the group; A new organisation to promote a high level of operational efficiency; Launch of “grow with Africa”, a growth plan to foster positive transformation across the African continent.

During a press trip to Dakar, Societe Generale (www.SocieteGenerale.com) group confirmed the solid growth of its African operations, in line with its “Transform to Grow” strategic plan. As part of the launch of its “Grow with Africa” programme, the Bank also announced several initiatives in partnership with international, regional and local clients and institutions in order to meet sustainable development needs in Africa.

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Commentary: The EU continues unfairly to pick on small financial centres

Youri Aramin Kemp, BA, MSc., CFM, AFA, ChE, is an Associate Editor of Caribbean News Now and the CEO of KEMP GLOBAL, a management consultancy firm based in The Bahamas

By Youri A Kemp

The European Union’s harassment of smaller financial centres is just what it is: full scale harassment.

Never have we seen such a consistent barrage of innuendos, insults, slurs and backhanded comments about how small states manage their international business relationships like how we have been getting with the EU.

Not only do the goalposts, with the rules and regulations, keep changing, particularly after the financial services community walks hand in hand with them, the EU then works with other alphabet agencies associated with it, like the Organisation for Economic Development and…

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Sandals continues unprecedented Barbados expansion

1. Sandals Royal Barbados first guests to its newest suites Mary and William Howard (left) having a celebratory glass of champagne with Resort Manager, Patrick Drakes.

In just four years Sandals Resorts International (SRI) has already positioned itself as the largest operating resort in Barbados, as the company launched another 50 of the most over-the-top luxury suites this past week, bringing the total number of rooms and suites at present to 552.

This represents the third major expansion and development project undertaken in Barbados by the World’s Leading Luxury Included Company since inception.

Construction started shortly after Sandals Royal Barbados welcomed its first guests in December 2017. With the race on to be ready in time for the key winter season, the 50…

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