Weekly news

19/01/2011 to 25/01/2011

Africa needs quality leadership -Business Daily (KEN)
26/01/2011
Kenya and by extension African political leaders have failed to effectively manage their countries and their engagement with Europeans and now they have China at the door.
China has single handedly pushed its tentacles in 53 African nations.

Chinese Ambassador Calls on Acting President and Minister of Education of Comoros -FOCAC (CHN)
26/01/2011
Wang Leyou, Chinese Ambassador to the Union of Comoros, paid a visit to Acting President Ikililou, Vice-President in Charge of the Ministry of Land Settlementand Minister of Education Mohadji respectively.

Banks Seek More Ties with China over Yuan -This Day (NGA)
26/01/2011
The inclusion of the Chinese Yuan on the list of currencies that can be used for trade settlement in the Nigerian foreign exchange market was inspiring banks to further collaborations and alliances with Chinese financial institutions and businesses.

Burundian President Attends Handover & Inauguration Ceremony of China-Aided Hospital -FOCAC (CHN)
25/01/2011
A grand handover and inauguration ceremony for Mubangda General Hospital aided and constructed by China was held in Bubangza Province on January 19, 2011.

News Analysis: South Africa urged to boost leadership skills for BRIC -People’s Daily (CHN)
25/01/2011
South Africa’s ascension to the BRIC group of major emerging economies will demand greater leadership and management skills for it to keep pace with its partners, the head of a major executive training group said Monday.

Naspers up on China’s Tencent fund -Business Report (ZAF)
25/01/2011
Shares of media firm Naspers rise nearly 2 percent to 392 rand, after a report that China’s Tencent Holdings , in which the South African firm has a 30 percent stake, is looking to launch a fund to invest in games.

IMF set to launch financial report -The Standard (KEN)
24/01/2011
Economists and policymakers in Africa will on Tuesday morning be keenly watching as the International Monetary Fund (IMF) launches its latest Global Financial Stability Report and World Economic Outlook, amid concerns over the rising influence of Asia in the continent.

TZ travellers read more in China visa delays -The East African (KEN)
24/01/2011
Tanzanians are blaming the Chinese Embassy in Dar es Salaam for taking too long to issue them with travel visas.

China to Finance $293.5m of ESL’s Nine Vessels -Ghana Web (GHN)
23/01/2011
The Export-Import Bank of China has agreed to finance 80pc of the cost, projected to be 293.5 million dollars, for the building of nine vessels that Ethiopian Shipping Lines (ESL) is to acquire, the largest order the national flagship has made in its 46 years.

Volta chiefs honour Chinese Ambassador in Ghana -Ghana Web (GHN)
23/01/2011
The Volta Regional House of Chiefs and the Volta Region Development Agency (VODA), on Saturday held a special durbar in honour of Mr Gong Jianzhong, Chinese Ambassador in Ghana.

Telkom scores US$127m loan -Business Day (ZAF)
21/01/2011
Telkom signs $127 million loan facility backed by China Export & Credit Insurance Corporation

Uganda plans $300m road to connect Entebbe -Business Daily (KEN)
21/01/2011
Mr Dan Alinange, the spokesman for Uganda National Roads Authority, said they estimate the four-lane highway, to be funded using a loan from Export/Import (Exim) Bank of China, will cost about $300 million (Sh714 billion).

China writes off half of Tazara debt -IPP Media (TZN)
21/01/2011
China has signed a protocol with Tanzanian and Zambian government in the latter country’s capital city, Lusaka, writing off 50 percent debts of Tanzania-Zambia Railway (Tazara).

Rupiah thanks China for cancelling debt -Lusaka Times (ZAM)
21/01/2011
President Rupiah Banda has thanked the Chinese Government for cancelling 50 percent of the 150 million United States Dollars debt that Tanzania Zambia Railways-TAZARA owes.

Chinese Ambassador Honored as Diplomat of the Year -FOCAC (CHN)
20/01/2011
H.E. ZHOU Yuxiao, Chinese Ambassador accredited to Liberia, has been honored by the Inquirer Newspaper on Saturday as the Diplomat of the Year of 2010 during his attendance of a cheerful ceremony commemorating the 20th anniversary of the newspaper.

JKUAT links up with Chinese university -Business Daily (KEN)
20/01/2011
Jomo Kenyatta University of Agriculture and Technology is collaborating with China’s Xinjiang University of Finance and Economics to boast research and enhance their capacity to advance knowledge.

Chinese are certainly better friends than some -The Standard (KEN)
20/01/2011
When China entered the development arena proper with Kenya, which is barely a decade ago, the atmosphere that greeted the new more visible co-operation was both daunting and sceptical. And this, with good reason.

New Chinese Dam Project Fuels Ethnic Conflict in Sudan -Peter Bosshard’s Environmental Policy Blog
20/01/2011
Dams have impoverished tens of thousands of people and triggered serious human rights violations in Sudan. Now Chinese companies have won contracts to build three more hydropower projects in the country.

China news agency slates democracy -Business Day (ZAF)
20/01/2011
Chinese state news agency, Xinhua, says the political chaos in Côte d’Ivoire shows that democracy is not necessarily a good thing for developing countries.

China to double Zambia investment -Business Report (ZAF)
20/01/2011
Chinese investment in Zambia is expected to more than double to $2.4 billion in 2011, driven mainly by investments in mining and manufacturing, the southern African nation’s trade minister said on Thursday.

Chinese threaten job cuts -Business Report (ZAF)
20/01/2011
Members of the Newcastle Chinese Chamber of Commerce have threatened to retrench unskilled workers, shut down factories and relocate to Swaziland and Lesotho if a resolution to force clothing factories to comply with the minimum wage within 16 months was implemented.

‘No xenophobic attacks on Chinese in NW’ -News24 (ZAF)
20/01/2011
The North West government denied on Thursday media reports that Chinese businessmen have been victims of xenophobic attacks.

Chinese accused of Zambian labour abuses -Financial Times (GBR)
20/01/2011
Late last year, Zhu Qingping walked hesitantly towards the gate of Collum Coal Mine in Maamba, southern Zambia, greeted by the jeers of striking miners. Unable to understand English, the Chinese manager stared blankly as the miners shouted demands for money, then retreated across the dusty yard to his office.

China beats World Bank in development lending -New Vision (UGA)
19/01/2011
China has lent more money to other developing countries in the past two years than the World Bank (WB), a sign of Beijing’s growing economic might and thirst for natural resources, according to a report.

Tension between locals, Chinese in NW -News24 (ZAF)
19/01/2011
An attack on a 23-year-old resident in the North West town of Madibogo has outraged residents, who are targeting Chinese people in the area they believe are responsible for the assault, the SABC reported on Wednesday.

Chinese investor scoops Liganga, Mchuchuma bid -IPP Media (TZN)
18/01/2011
A Chinese firm has won the tender to invest in the Mchuchuma and Liganga mining projects in southern Tanzania and is expected to pump in 3bn/-.

China-aided primary school hailed at Tanzanian president’s hometown -Xinhua (CHN)
18/01/2011
Jubilant crowds on Monday welcomed the Tanzanian President Jakaya Kikwete, senior Tanzanian government officials, local government officials and Chinese envoys to witness the handover of a China-aided primary school with songs and dances in the eastern region of Pwani in the east African country.

 

Comments are closed.