Gambia Tax Authority Adopts Dashboards to Improve Revenue Collection

Gambia Tax Authority Adopts Dashboards to Improve Revenue Collection

With funding from Sweden and support from the World Customs Organization, the Gambia Revenue Authority is actively developing a strategic dashboard. This initiative aims to enhance performance in key areas such as tax collection, trade facilitation, compliance management, reform modernization, and human resource management through data-driven decision-making. The ultimate goal is to comprehensively upgrade and ensure the sustainable development of tax administration in Gambia.

Lesotho Revenue Authority Advances Operational Excellence in Strategic Retreat

Lesotho Revenue Authority Advances Operational Excellence in Strategic Retreat

The Lesotho Revenue Authority (LRA) successfully held a high-level strategic retreat to clarify strategic priorities, enhance leadership, and accelerate reform and modernization. The World Customs Organization, the World Bank, and the Finnish Customs Cooperation Fund provided support. The retreat strengthened the management team's cohesion and provided clear direction for the organization's future development. Key focus areas included improving tax administration, fostering effective leadership, and driving strategic growth initiatives to enhance the LRA's overall performance and contribution to Lesotho's economic development.

Niche Heat Press Brand HTVRONT Hits 70M Revenue Milestone

Niche Heat Press Brand HTVRONT Hits 70M Revenue Milestone

HTVRONT transformed the niche home heat press machine into a bestseller, achieving over $70 million in annual revenue through precise market positioning, continuous product innovation, and effective marketing strategies. Their success stems from differentiated product features, building a one-stop DIY experience, innovative marketing approaches, and a keen understanding of global DIY market trends. This provides valuable lessons for other brands seeking to expand internationally. They focused on creating a comprehensive ecosystem for DIY enthusiasts, making the heat press accessible and appealing to a wider audience.

Sunrei Tech Hits 210M Revenue in Functional Apparel Niche

Sunrei Tech Hits 210M Revenue in Functional Apparel Niche

Shangrui Technology in Dongguan specializes in functional apparel, generating annual revenue of 1.5 billion RMB. The company precisely targets outdoor sports and low-temperature work populations, demonstrating that niche demands can unlock significant potential. Focusing on specialized needs within the clothing market allows Shangrui to thrive in cross-border e-commerce by catering to specific consumer groups seeking performance-driven garments. Their success highlights the value of identifying and serving underserved segments within the broader apparel industry.

X5 Groups 2025 Revenue Jumps on Hard Discount Growth

X5 Groups 2025 Revenue Jumps on Hard Discount Growth

Russian retail giant X5 Group reported its 2023 performance, with total revenue reaching 4.64 trillion rubles, an increase of 18.8% year-on-year. Digital business revenue was strong, and comparable store sales grew by 11.4%. The discount brand "Chizhik" performed exceptionally well, with revenue soaring by 42.2%, becoming a major growth driver. X5 Group's total order volume increased significantly throughout the year, and a large number of new suppliers were added, consolidating its market position.

Transsion Holdings Profits Decline As Costs Rise Revenue Falls

Transsion Holdings Profits Decline As Costs Rise Revenue Falls

Transsion Holdings experienced a slight revenue decrease of 4.58% in 2025, but a significant net profit drop of over 50%. This was primarily due to rising prices of key components like memory, coupled with increased investment in brand building and technology R&D. These factors led to higher costs and expenses, squeezing profit margins. The company's ability to effectively control costs and enhance its technological competitiveness will be crucial for future performance.

Gambia Revenue Authority Streamlines Trade to Spur Economic Growth

Gambia Revenue Authority Streamlines Trade to Spur Economic Growth

The Gambia Revenue Authority is collaborating with the World Customs Organization to optimize customs operations and strengthen trade facilitation measures through the implementation of performance assessment mechanisms. These measures include Authorized Economic Operator (AEO) programs and coordinated border management. The goal is to enhance the national performance assessment system and promote economic development in The Gambia. This collaborative effort aims to improve customs efficiency and effectiveness, ultimately contributing to a more streamlined and competitive trade environment.

WCO Enhances Ethiopias Tax Revenue with Improved Audit System

WCO Enhances Ethiopias Tax Revenue with Improved Audit System

The WCO is assisting Ethiopian Customs in upgrading its Post Clearance Audit (PCA) capabilities. This includes updating the PCA manual, optimizing audit procedures, and introducing risk assessment methodologies. These improvements aim to enhance tax revenue collection efficiency. The project focuses on strengthening Ethiopian Customs' ability to effectively conduct post-clearance audits, thereby contributing to improved trade facilitation and overall customs administration performance. The WCO's support is crucial for building a more modern and efficient customs system in Ethiopia.

Mauritius Revenue Authority Boosts Leadership Skills Via WCO Partnership

Mauritius Revenue Authority Boosts Leadership Skills Via WCO Partnership

The WCO, with funding from India, conducted a leadership workshop for the Mauritius Revenue Authority (MRA). The workshop aimed to enhance management skills, optimize leadership culture, and promote talent development, ultimately contributing to customs modernization. This initiative focused on building leadership capabilities within the MRA, enabling them to effectively manage their operations and drive improvements in customs processes. The training covered key aspects of leadership, fostering a more effective and forward-thinking approach to customs administration in Mauritius.

Gambia Revenue Authority Pioneers Customs Modernization in West Africa

Gambia Revenue Authority Pioneers Customs Modernization in West Africa

Supported by the Swedish-funded WACAM project, The Gambia Revenue Authority (GRA) is pioneering the WCO-promoted competency-based HRM model in West and Central Africa. By reviewing key HRM tools and strengthening institutional capacity, GRA aims to become a regional benchmark, leading industry development and providing valuable experience and lessons for other customs agencies. This initiative represents a significant step towards modernized customs administration and enhanced talent management within the region, potentially setting a new standard for customs operations.