China
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News
FAO Food Price Index declines further in February
ROME, March 12, 2024 – The benchmark for world food commodity prices declined for the seventh consecutive month in February, as lower international quotations for all major cereals more than offset rising…
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News
UPDF, Chinese start manufacturing automobile filters in Mbale Industrial Park
MBALE CITY, February 10, 2024 – The National Enterprise Cooperation [NEC], the investment arm of the Uganda People’s Defence Force [UPDF], and Chinese company WATU-China have commissioned a plant in Sino-Uganda Mbale Industrial…
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National
Govt earning big from fish maw exports, says URA
KAMPALA, December 1, 2023 – The Uganda Revenue Authority [URA] has reported a significant increase in tax revenue from fish maw exports since the introduction of an eight percent export levy under…
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Development
Uganda, China legislatures to continue cooperating
KAMPALA, November 24, 2023 – The deputy speakers of the legislatures of Uganda and China have committed to maintain their cooperation in an effort to keep a strong relationship between the two…
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Africa
Egypt issues Africa’s first Sustainable Panda Bond worth US$ 478.7mln
CAIRO, October 18, 2023 – Egypt has successfully issued a three-year Sustainability Panda Bond worth US$ 478.7 million. The North African nation is the first on the continent to do so, a…
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National
Uganda’s exports rose 17.6 percent in August
KAMPALA, October 17, 2023 – Uganda’s exports in August 2023 fetched the country US$ 669.88 million, an increase of 17.6 percent from US$ 569.78mln earned in the month earlier, the Ministry of…
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Africa
Raw coffee exports irk Museveni
President Yoweri Museveni yesterday addressed delegates attending the 2nd G-25 Africa Coffee Summit at Speak Resort Munyonyo in Kampala where he discouraged the export of raw coffee and other products from Africa,…
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National
Journey to revive Cooperative Bank begins as gov’t inaugurates steering committee
KAMPALA– Cooperators in Uganda could soon have access to cheap and appropriate financing after the government on Tuesday inaugurated a steering committee to revive the defunct Cooperative Bank whose assets were taken over…
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Africa
BRICS invites African Heads of State to August Summit in South Africa
JOHANNESBURG – The BRICS economic bloc has invited 69 leaders to its upcoming summit, including all African Heads of State and the political heads of major Global South bodies, various media reports…
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East Africa
China to strengthen cooperation with EAC in capacity building and trade
ARUSHA – The People’s Republic of China has pledged to strengthen cooperation with the East African Community [EAC] in capacity building, trade, infrastructure development, and other fields. The Chinese Ambassador to Tanzania…
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