MULTIFILE
Lake Kivu is experiencing unprecedented decline in production of Tanganyika Sardine (Limnothrissa miodon). This study sought to characterise the value chain of this fish species so as to chart its sustainable utilisation. The study performed in 2015 found two chains; an informal chain that takes 30% of the production and a formal chain that handles 70%. The average catch of sardine was 30 kg/day in the high production season and <15 kg/day in the low season. Two thirds of the fishers were not aware of the governing law. Fishing malpractices included fishing in prohibited sites, beach seining and fishing during moratorium period. Majority of fishers were not satisfied with the price offered in the market as costs involved in fishing was 701 Rwanda Francs/kg caught. This is despite the shift in time since the study was performed. Therefore, there is need for re-training of value chain actors, increasinglake surveillance, strengthening internal controls of the Fishers’ Cooperatives and improving information sharing and communication among value chain actors.
MULTIFILE
Over the past year, the governance of supplier finance has risen even higher up the agenda for regulators, rating agencies, auditors, and corporates as its perceived role in the high-profile collapse of several corporates comes under scrutiny. The topic of disclosure has become one of more heated debate as global standard setters have responded to calls for more transparency with fast-track upgrades of existing rules. To gain a deeper understanding of how much progress corporates and auditors are making in their preparation for incoming standards, we analysed the 2021 annual reports of 1,000 publicly listed companies that we understand to operate supplier finance programmes. The aim was to document whether and how they disclosed that exposure, and to identify trends, opportunities, and potential challenges they might face in satisfying more stringent standards.
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