Tag Archives: Chinese

Kampala, Uganda | ISAAC KHISA | Lafarge’s subsidiary in Uganda, Hima Cement, will provide raw materials for the ongoing infrastructure projects being undertaken by China Communications Construction Company Limited in the country under a new trade deal. Allan Ssemakula, the commercial director at Hima Cement said the firm will supply cement …

Brussels, Belgium |AFP | EU leaders on Friday poured cold water on a proposal by French President Emmanuel Macron to hand Brussels more powers to control Chinese investments in strategic European industries. European leaders discussed the divisive topic on the second day of an EU summit in Brussels, as Europe …

Indians, local traders struggle as red dragon invades retail If any one place can be described as the heartbeat of Uganda’s retail business, it is Kikuubo Road; a half kilometer road in down town Kampala, that is an open market yard. At any time of day it is so packed …

Stanbic Bank again makes Chinese businesses irresistible offers Uganda imported US$700 million worth of goods from China last year and exported goods valued at US$30 million over the same period, according to the latest government data. But the skewed trade figures between Uganda and the world’s second largest economy do …

Legislators sitting on the parliamentary committee of trade recently clashed with Trade Minister Amelia Kyambadde over the presence of Chinese traders still involved in petty trade. The follow decisions reached earlier that that the foreign traders either set up bigger businesses or leave the country within 3 months. Kyambadde whose …

These Chinese contractors don’t care at all, says Labour minister vow to whip them into line The human cost of accidents, poor health and safety conditions under Chinese contractors in Uganda has come under scrutiny and what is emerging is raising serious concerns. At the heart of the latest concerns …

VIDEO: Parliament has issued a 14 days ultimatum to Chinese investors dealing in petty business down-town Kampala to vacate their business for violating licensing procedures. But Trade, Industry and Cooperatives Minister Amelia Kyambadde said the committee’s decision is uncalled for, thus asking parliament to extend the deadline given to Chinese in …

Why tension is growing over Indian, Chinese retail traders On Nov.18, traders in the northern Uganda town of Lira refused to open their shops for business in protest against what they termed as `unfair competition’ from foreign traders; mainly Indians. The protest by traders under the Lira Business Community (LBC) …

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 …

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 …