Tag Archives: foreign

foreign: Latest News

  • Weapons Buildup, Anger Fuel Threat Of Renewed Somali Piracy

    Somali piracy By Reuters, 9:38 pm

    Monday’s hijack followed a long hiatus, with only 4 unsuccessful attempts in the past 3 years. The lull encouraged foreign fishing vessels to return to Somali waters. Now shipping companies are scrambling to learn if pirates will once again threaten one of the world’s most important shipping lanes and cost the industry billions of dollars. Locals are infuriated at government failure to crack down on foreign fishing vessels. The last straw was when 7n Thai fishing vessels paid the local government more than $672,000 for fishing licences, A Bosasso-based weapons dealer said orders have increased for rocket-propelled grenades, machine guns and ammunition.

  • Drink More Please: Changing Demographics Of African Alcohol Consumers

    changing demographics of African alcohol By Kurt Davis Jr., 1:07 pm AFKI Original

    After-work teas are becoming after-work beers and glasses of wine in Africa. As incomes grow in sub-Saharan Africa, consumers are demanding better quality wine and spirits – both imported and locally made. “Drink more please” — it’s not the best parenting line but it is the thinking of many top executives at wine and spirit companies. Sub-Saharan Africans drink 10-to-11 liters of beer per person per year. Comparatively, Asians drink about 19-to-20 liters and Americans drink about 73-to-74. Only South Africans drink more than the global average — around 46 liters.

  • Market Atlas Clarifies African Currency Indices For Foreign Investors

    By Staff, 8:00 am

    Market Atlas, LLC (MA) has launched a pair of benchmark indexes, measuring the performance of a basket of African currencies against the U.S Dollar and the United Kingdom Pound Sterling. The M.A.USD Africa Currency Index and the M.A. GBP Africa Currency Index cover a universe of 27 currencies with an aggregate market of 1.35 billion people and are the first African currency indexes

  • Sub-Saharan African Countries With the Most Tourists

    By Keren Mikva, 12:06 pm AFKI Original

    Tourism in Africa has been on the rise for years, making it home to some of the fastest-growing economies in the world. The tourism potential across the African continent is incredible, with breath-taking scenery, unique wildlife, and cultures steeped in traditions that are thousands of years old.

  • Top 10 Worst Reasons To Travel

    By Keren Mikva, 11:34 am AFKI Original

    Bad reason to travel: you’ve adopted an I-can’t-see-you, you-can’t-see-me approach to managing your debt. Unfortunately, this does not work. Debt can in fact see you, even if you ignore it, and will only grow as you gallivant around the world spending what should have been your next payment.

  • Most Important Foreign Language Phrases to Know

    By Keren Mikva, 8:00 am AFKI Original

    When you’re traveling in a foreign country, there are a few key phrases you should definitely learn before leaving home, like “I have diplomatic immunity.” This doesn’t have to be true, but people will treat you much better if they think it is. You can get out of trouble with the authorities, avoid paying taxes, and settle any argument before it escalates out of control. Just be sure to say it with confidence and adopt an air of superiority and royalty.

  • Foreign Business Tax Incentives Cost Ghana $1.2 Billion Annually

    By Makula Dunbar, 12:39 pm

    Ghana loses about $1.2 billion annually as a result of tax incentives, which are offered to major foreign companies operating in the country. According to a new report published by ActionAid Ghana (AAG) in Accra, the amount was equivalent to about twice government’s entire health budget for 2013 and about half the entire education budget.

  • 10 Ways To Not Look Like A Tourist While Traveling

    By Keren Mikva, 12:15 pm AFKI Original

    Be proud of your heritage, but don’t brag about it. There’s no need to hide the fact you’re from another country. Just don’t cross the line into obnoxiousness, reached when you start sentences with, “Well, in MY country, we…” Just don’t be that guy, please.

  • 10 Opportunities To Work Abroad

    By Keren Mikva, 11:17 am

    Have a knack for adventure? Check out companies that lead adventure tours around the world and need spirited and skilled guides to take travelers on the trip of a lifetime. From whitewater rafting to skydiving to mountaineering, there are countless opportunities to put your outdoor skills to good use. Skiing and snowboarding jobs make up a big part of this as well, as ski mountains are always looking for seasonal instructors and staff.

  • 10 Best African Women Football Players

    By Kevin Mwanza, 3:12 pm

    Genoveva Añonma is one of Equatorial Guinea’s best players, and one of the most recognized female stars in the CAF. Named African Women Footballer of the Year in 2012, she plays for a German football club when not representing her home country internationally.

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