Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
39th African Union summitKAMPALA, UGANDA | Xinhua | A senior Ugandan official on Tuesday welcomed China’s decision to fully implement zero-tariff treatment for 53 African countries with diplomatic relations, starting from May 1, saying the move will accelerate industrialization and econo
FILE - Vehicles and trucks for export wait for transportation from a port in Yantai in eastern China's Shandong province on Jan. 2, 2025. (Chinatopix via AP, File) (ASSOCIATED PRESS)HONG KONG (AP) — China’s exports returned to growth in November following an unexpected contraction the
China has announced the discovery of the largest gold deposit ever found in the country since 1949, with estimated reserves of 1,444 tonnes in Liaoning province. The discovery comes at a time when global gold prices are hitting record highs.The Chinese Ministry of Natural Resources confirm
They’ve been promising eternal youth since the first snake-oil salesman bottled spring water. Now a Chinese biotech startup says it might actually have the chemistry right. Lonvi Biosciences claims its new pill could stretch human life to 150 years.The Shenzhen-based company, backed by C
From November 12, hundreds of Chinese and African scholars and diplomacy experts will gather in South Africa for the Global South Media and Think Tank Forum: China-Africa Partnership Conference.At the center of the two-day high-level deliberations would be what I would term the ‘soul of
China remains our “most irreplaceable customer,” said Jim Sutter, chief executive officer of the U.S. Soybean Export Council (USSEC).“We have been in China since 1982. Over the past 43 years, we’ve invested in relationship-building, training and cooperation with the Chinese industr
US President Donald Trump will host all five Central Asian leaders in Washington on Thursday for the first time, a few months after they held separate summits with Russia’s Vladimir Putin and China’s Xi Jinping.The West has upped its interest with the resource-rich region, where Moscow
Oil companies are like a nation — they need everything from everything. If you can set up shop near them, they will buy everything from you,” Kagimu explainedKAMPALA, Uganda — Malaysia’s Honorary Consul in Uganda, AlHaj Habib Kagimu, has urged local entrepreneurs to strategically p
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slipped 36c, or 0
