By Alvin Cheng-Hin Lim Facts belie America’s critique that China is in Africa for resource extraction only In his recent state visit to Kenya and Ethiopia—his fourth presidential visit to the African continent—US President Barack Obama argued that Africa’s economic engagement with the US offers the best opportunity for economic …
Read More »
By Kavuma-Kaggwa The government should negotiate a strong mutually beneficial trade policy with China Chinese influence has increased tremendously in East Africa and the whole of Africa. Even globally, Chinese influence has taken root. That was one reason US President Barak Obama recently saw it fitting to convene an African …
Read More »
By Ronald Musoke Uganda’s slow but steady march towards commercial production of its estimated 3.5 billion barrels of oil has been given new life following the government’s recent issuance of a production licence to the Chinese firm, CNOOC. Speaking to journalists at the energy ministry offices in Kampala on Sept. …
Read More »
By Joan Akello `We will punish you’ Energy officials accused of eating bribes In the March issue of the international business magazine, Forbes, the billionaire Sudhir Ruparelia is asked in an interview what he thinks is the biggest weakness of the Uganda economy. Sudhir answers: “The left doesn’t know what …
Read More »
By Aloysious Kasoma President Yoweri Museveni has invited the Chinese people to invest in the different opportunities available in Uganda. The president said this during an opening ceremony at the ground breaking of the new Entebbe highway which officially started at Kyengera – Kabojja yesterday. “I would like to take …
Read More »
By Haggai Matsiko When Museveni wears Beijing’s big boots On Feb. 21, the China National Offshore Oil Company (CNOOC), acquired a third of Uganda’s newly discovered but potentially huge oil reserves in a US$ 2.9 million farm-down deal with the British firm, Tullow Oil and France’s Total. Nothing official yet, …
Read More »
By Independent Team & Agencies Why Beijing’s defence ministers visited Kampala with US$2.3m cheque Little by little China is forming military links in Africa and in the Indian Ocean in order, experts say, to protect Beijing’s economic interests in the region. With trade exchanges between China and Africa totaling US$ …
Read More »
The Independent Uganda: You get the Truth we Pay the Price