China

Global Trade Tensions a Concern for South Africa

Trade and Industry (dti) Minister Ebrahim Patel has expressed concern at growing trade tensions in the global economy."Heightened uncertainty from growing trade tensions and measures is also placing a drag on an already fragile global ec...

Joburg Post·3 months ago

Uganda: Government Plans to Restore Old Railway at $205 Million

Uganda will invest $205 million in restoring an old railway line linking Kampala to Malaba on the Kenyan border following delays in securing funding for the standard gauge railway.The upgraded meter gauge railway line is expected to boos...

Joburg Post·3 months ago

African Agriculture Economies 'Bright Spot' in Disappointing Global Economy

The global economy generally fell short of its forecasts, set to weaken to 2.6 percent this year, but in Sub-Saharan Africa, agriculture-dependent countries such as Benin, Rwanda, Cote d'Ivoire, and Uganda grew positively, according to t...

Joburg Post·3 months ago

Zimbabwe Wants to Sell $300m Ivory to Fund Conservation

Zimbabwe has become the latest Southern African nation to take on elephant conservationists, by demanding it is allowed to sell its stockpile of ivory to raise money for conservation.Wildlife authorities in the cash-strapped nation estim...

Joburg Post·2 months ago

China and Morocco Found 'Belt and Road Institute' amid China's $11 billion Investment

Morocco and China, signed a 140 million (Morocco Dirham) agreement for technical and economic cooperation, to finance and bolster joint public projects. Since 2009, trade in Morocco has increased to $4.7 billion annually. As of  2016, Ch...

Joburg Post·2 months ago

Carrie Lam Scraps Extradition Bill after Hong Kong Protests

Hong Kong leader Carrie Lam on Tuesday signalled the end of a controversial extradition bill that she promoted and then postponed after some of the most violent protests since the former British colony returned to Chinese rule in 1997.In...

Joburg Post·2 months ago

India and Russia Strengthen Ties with China

The Shanghai Cooperation Organization (SCO) held its 19th Summit in Bishkek, Kyrgyz in June 2019. Following the recently re-elected Prime Minister of India, Narendra Modi, the affirmed “close personal friendship” between Russian Presiden...

Joburg Post·2 months ago

Ugandan Govt Offers Chinese Various Tax Incentives in Key Priority Sectors

Government has said it will offer Chinese companies and individuals investing in Uganda various tax incentives and free land offerings to help mitigate job creation and youth unemployment.The incentives, among them 10-year tax holiday fo...

Joburg Post·2 months ago

How Currencies May Become Next Global Battleground

President Donald Trump's renewed focus on what he calls "unfair" exchange rates could presage a new global battlefield that has the potential to do great damage to the world economy.Trump has spent two years attacking the underpinnings o...

Joburg Post·2 months ago

Kenya's Mineral Resources Could Pull Millions Out of Poverty

"The test of our progress lies in whether we provide enough for those who have little, not whether we add more to the abundance of those who already have much."These words by former US president Franklin D. Roosevelt speak volumes about ...

Joburg Post·2 months ago

A Chinese Ban On Canadian Meat Could Hit Over 20% Of Pork Exports, Data Shows

A Chinese ban on Canadian meat could affect over a fifth of the pork that the Great White North exports there and represent a hit of over $373 million on trade between the two countries, Statistics Canada (StatCan) data suggests.On Tuesd...

Joburg Post·about 2 months ago

Xi Jinping’s Grip on Power is Absolute, but There are New Threats to His ‘Chinese Dream’

As China solidifies its new status as superpower, we’re launching a series looking at what this means for the world – how China maintains its power, how it wields its power and how its power might be threatened.Chinese leader Xi Jinping ...

Joburg Post·about 2 months ago

G20: US-China Trade War Points to the Real Crisis that Global Leaders Must Confront

On June 28 and 29, the G20 summit will convene for the 14th time in Osaka, Japan. This gathering of leaders from the world’s leading economies, including the EU, plus invited guests and international organisations, ought to offer an impo...

Joburg Post·about 2 months ago

A New Cold War in Africa

Last week, the 12th US-Africa Business Summit, a high-level event attended by 11 African heads of state and government and some 1,000 business leaders, was held in Maputo, Mozambique. During the three-day event, US officials unveiled a $...

Mehari Taddele Maru ·about 2 months ago

How the Dalai Lama is Chosen and Why China Wants to Appoint its Own

The 14th Dalai Lama, Tenzin Gyatso, the spiritual leader of Tibet, is turning 84 on July 6. With his advancing age, the question of who will succeed him, has become more pressing. Winner of the 1992 Nobel Peace Prize and one of the most ...

Joburg Post·about 2 months ago

Donor-funded Journalism is On the Rise in Africa: Why it Needs Closer Scrutiny

An enormous and increasing portion of the foreign development aid coming into Africa annually is for media development. Foreign aid funds diverse projects, ranging from investigative journalism in Nigeria, to stories on Chinese building ...

Joburg Post·about 2 months ago

US-China Trade War is Making China Stronger

The United States and China have reached a truce in their escalating trade war. Following a meeting between US president, Donald Trump and his Chinese counterpart, Xi Jinping at the G20, the two leaders agreed to renew talks. Tariffs, wh...

Joburg Post·about 2 months ago

How a Trade War, or Truce, Could Affect SA

The much talked about trade war between the US and China is one component of a broader confrontation between the two largest economies in the world. Their relationship has been deteriorating rapidly over the past 10 years, and the extent...

Mark Haworth·about 1 month ago

Zimbabwe Reaps the Benefits of China’s flagship BRI

China’s signature policy programme, the Belt and Road Initiative (BRI) has opened contemporary opportunities for Zimbabwe to elevate its relationship with Beijing. During the second BRI summit, China was ready to unlock multi-billion dol...

Joburg Post·about 1 month ago

Why South Africa Should Revert to Greater Protection for Some of Its Industries

After years of relative silence, debates about the pros and cons of tariffs in international trade have become a regular feature. The renewed interest has been sparked by the actions of US President Donald Trump, the first president sinc...

Joburg Post·about 1 month ago

Ramaphosa Backs Huawei to Help SA Achieve 5G Technology

South African President Cyril Ramaphosa last Friday backed Chinese technology giant Huawei to help the country score a first to achieve cutting-edge 5G technology. Huawei, which has a massive global imprint including in Zimbabwe, is lead...

Joburg Post·about 1 month ago

Turning Ramaphosa’s Growth and Jobs Promises Into Reality

President Cyril Ramaphosa’s first State of the Nation Address after the election was received with some scepticism. Some of his political opponents questioned his dreams and urged him to face reality. Sceptics aside, the president made c...

Vuslat Bayoglu·about 1 month ago