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Tag Archives: Chinese

Kyambadde, parliament in showdown over Chinese retailers

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 …

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Petty trade war

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) …

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Chinese fever

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, …

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Chinese invasion

By Independent Team & Agencies Why Beijing’s defence ministers visited Kampala with US$2.3m cheque Little by little China is forming military links in Africa and in the Indian Ocean in order, experts say, to protect Beijing’s economic interests in the region. With trade exchanges between China and Africa totaling US$ …

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