Peruth Chemutai clocked a personal best time of 9:31.34 in the 3000 Metres Steeplechase at the Shanghai IAAF Diamond League race today to qualify for the Rio Olympics. Chemutai finished 10th in the sixth fastest women’s steeplechase race of all time, becoming just the third Ugandan woman to qualify …
Read More »China group buys DR Congo copper mine for $2.65 billion
Kinshasa, DR Congo | AFP | US company Freeport-McMoRan said Monday it was selling control in the Tenke Fungurume copper mine in DR Congo to China Molybdenum, giving the Chinese company a strong foothold in the country’s rich copper and cobalt reserves. Freeport-McMoRan will offload its 70 percent stake in …
Read More »Karuma, Isimba to cost extra Shs 1.8 trillion
Karuma, Isimba to cost extra Shs 1.8 trillion: An investigation by The Independent reveals how if Energy Ministry officials and those at Uganda Electricity Generation Company Ltd were properly supervising dam construction instead of bickering over control, they could have saved the country enough money to build another hydropower dam. …
Read More »China and Uganda Agricultural Industrial Park launched
PHOTOGRAPHS: President Yoweri Museveni yesterday performed the groundbreaking ceremony for the construction of the China-Uganda Agricultural Industrial Park in Butuntumula, Katikamu North in Luwero district. The project investment is estimated at US$ 220million. The project once complete will help farmers increase their agricultural incomes through accessing improved seeds and advanced …
Read More »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 …
Read More »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 …
Read More »Former top Chinese military leader confesses to graft: Xinhua
Beijing, China | AFP Former top Chinese military leader Guo Boxiong has confessed to bribe-taking, the official Xinhua news agency reported Tuesday, citing military prosecutors who described the sums as “extremely huge”. Guo was for a decade one of the two vice chairmen of the Central Military Commission, second only …
Read More »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 …
Read More »Behind China’s rapid growth
By Andrew M. Mwenda The opportunities and risks China faces as it begins its transition from middle income status to a rich nation I spent the whole of last week in China literally flying from one city to another – sometimes covering two cities per day. The speed of change …
Read More »Who will succeed China?
By Andrew M. Mwenda East Africa has been billed as the next manufacturing hub for global markets. Will our politics allow it? The South Korean ambassador to Uganda, Park Jong Dae, recently referred me to an article by George Friedman in the online journal, Geopolitical Weekly titled The PC16: Identifying …
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