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The Independent

U.S. tariffs on South Africa threaten Namibia’s dollar liquidity

WINDHOEK, Namibia | Xinhua | Namibia faces tighter U.S. dollar liquidity and higher settlement costs, as the recently imposed 30-percent U.S. tariffs on South African exports weaken the very financial channels it relies on for cross-border trade payments, according to an analysis by Namibian research and investment firm Simonis Storm Securities …

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Why Ten Hag sacking was not a surprise

BERLIN, GERMAN | Xinhua | Erik Ten Hag’s dismissal at Bayer Leverkusen this Monday didn’t come as a surprise. A wave of reports detailing major disagreements between the Dutch coach, his team, and the club’s leaders over the past few days had somehow set the stage for a split that …

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Uganda reaffirms deportee deal with U.S. despite public outcry

KAMPALA, UGANDA | Xinhua | Uganda remains committed to an agreement it signed with the United States to receive deportees, despite criticism at home and abroad, a senior government official said on Monday. Charles Ouma, deputy solicitor general, told reporters here that it is common practice for countries to enter …

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Cultural gala blends art, oil dev’t and China-Uganda friendship

Buliisa, Uganda | Xinhua | An 80-meter-long mural depicting Uganda’s national bird, the crested crane, alongside a Chinese dragon symbolizing harmony, stood as the centerpiece of a cultural gala recently held in Kasinyi Village, a remote community in western Uganda’s Buliisa District. The event, organized by Chinese oil company Sinopec, …

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MUSEVENI: Chinese investment drives industrial transformation

MBALE, Uganda | Xinhua | Chinese-funded industrial parks and factories are playing a vital role in driving Uganda’s industrial transformation, Ugandan President Yoweri Museveni said on Friday. He made the remarks when visiting the Sino-Uganda Mbale Industrial Park in the eastern city of Mbale. Museveni, who inaugurated four new Chinese-invested …

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