Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Ramadan is expected to begin on 2 April and end 1 May with the holiday of Eid Al Fitr beginning on 2 May. Egypt reports that 189,000 MT of wheat are enroute from the Black Sea with no delays – 63,000 MT each from Romania, Ukraine, and Russia. According to Egyptian authorities, they have been assured that there will be no delays in Russian shipments. Egypt’s Suez Canal Authority says that it will clamp down on corruption regarding “facilitation payments – bribes” paid in using the canal. Facilitation payments have always been a part of the system in Egyptian (and many other) ports. Normally pilots, tugs, etc. are given Marlboro...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.