US u-turn on corruption abroad 'won't drive rise in deals won by bribery'
Donald Trump’s decision to “pause” rules banning bribery abroad will not have much impact, according ...
FWRD: UPS AND DOWNSCHRW: NEW RECORDCHRW: BUILDING ON STRENGTHFDX: GETTING OUTAAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALLHLAG: CEO ON SPOT RATES IN THE CURRENT QUARTERHLAG: UNIT COST PERFORMANCEHLAG: QUESTION TIMEHLAG: SECOND HALF OUTLOOK HLAG: SPOT RATES DYNAMICS HLAG: STRONG PERFORMANCE
FWRD: UPS AND DOWNSCHRW: NEW RECORDCHRW: BUILDING ON STRENGTHFDX: GETTING OUTAAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALLHLAG: CEO ON SPOT RATES IN THE CURRENT QUARTERHLAG: UNIT COST PERFORMANCEHLAG: QUESTION TIMEHLAG: SECOND HALF OUTLOOK HLAG: SPOT RATES DYNAMICS HLAG: STRONG PERFORMANCE
Here’s a fascinating article from Port Strategy on the absurdly cumbersome concession process under way – or not – to appoint an operator for the second container terminal at the Kenyan gateway of Mombasa. It would not be out of place as plot device in a John Le Carre novel. After receiving funding for construction of the facility from Japan’s overseas development agency, JICA, the bid process has basically been a farce. APM Terminals, Bollore and ICTSI – all of which are some of the most experienced terminal bidders in the business – saw their bids rejected on grounds so spurious that they are now in the hands of the country’s Petition Tribunal. These appeals have repeatedly been so interfered with that the only conclusion is that there are powerful vested interests around that are determined to see the concession awarded to someone else.
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