Thursday , November 7 2024

Tag Archives: China

China group buys DR Congo copper mine for $2.65 billion

Kinshasa, DR Congo | AFP | US company Freeport-McMoRan said Monday it was selling control in the Tenke Fungurume copper mine in DR Congo to China Molybdenum, giving the Chinese company a strong foothold in the country’s rich copper and cobalt reserves. Freeport-McMoRan will offload its 70 percent stake in …

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China and Uganda Agricultural Industrial Park launched

PHOTOGRAPHS: President Yoweri Museveni yesterday performed the groundbreaking ceremony for the construction of the China-Uganda Agricultural Industrial Park in Butuntumula, Katikamu North in Luwero district. The project investment is estimated at US$ 220million. The project once complete will help farmers increase their agricultural incomes through accessing improved seeds and advanced …

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The Truth about Karuma, Isimba mess

Karuma, Isimba mess: President Museveni directed officials at the Energy Ministry to hand over implementation powers of the billion dollar Karuma and Isimba projects to power generator, UEGCL, in a bid save them but the officials remained adamant weeks later.  Energy ministry officials defy Museveni on botched billion dollar project …

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10 Ugandan ICT trainees off to China for more skills

Ten Ugandans will benefit from a Huawei Technologies programme that will boost the country’s telecom strategy and capacity to monitor ICT industry trends, newest technology and equipment. The Huawei Seeds for the Future training program will run from April 16th to 30th at the Huawei headquarters in Shenzhen China. The …

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China is not collapsing

By Anatole Kaletsky Perceived inaccurate information is creating inaccurate expectations and changing reality to accord with them One question has dominated the International Monetary Fund’s annual meeting this year in Peru: Will China’s economic downturn trigger a new financial crisis just as the world is putting the last one to …

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