Latest Posts

DS Tayebwa Woos Chinese Lawmakers To Invest In Uganda’s Tourism Sector

The Deputy Speaker of Parliament, Thomas Tayebwa, has asked a visiting delegation of Chinese legislators to use their influence to promote Uganda as one of the tourism destinations for their citizenry.

“We hope your visit will help raise the profile of Uganda in China as a destination for Chinese tourists, we appeal to you to use your office to encourage Chinese tourists to visit Uganda, the Pearl of Africa,” Tayebwa told the delegation from the National People’s Congress (NPC) of China, led by H.E. Zhong Shan on Monday, 23 September 2024 at Parliament House.

Zhong Shan is a member of the Standing Committee of the NPC which is China’s highest organ of state power and its national legislature. He is also the Chairman of the Financial and Economic Committee of the NPC.

Tayebwa commended Uganda’s friendship with China highlighting key milestones in the physical infrastructure that has been constructed and expanded with financial assistance from the Government of China.

“Some of the major projects that benefited from the loans from China include: Kampala-Entebbe Expressway, 183MW Isimba Hydro Power Plant and the Karuma Hydro Power Plant, expansion of the Entebbe International Airport and participation in the National ICT backbone project. For these and many more, we are grateful and hope to continue engaging,” said Tayebwa.

Tayebwa was equally grateful to China for the favourable trade relations, applauding China for including Uganda among the countries benefiting from the 98 percent tax waiver on China’s imports.

He noted that Uganda has submitted a list of products to benefit from the tax waiver but is still grappling with meeting the required standards. The products include beef, pepper and aquatic products (fish and fish products).

“Total earnings from Uganda’s exports to China is at US$94.93 million compared to US$1.817 billion imports from China [Bank of Uganda, 2023]. We need to increase our exports to china,” Tayebwa said in regard to the balance of trade between the two countries.

He appreciated China’s commitment of US$51 billion pledge towards programmes in Africa for the next three years, which the Chinese President, Xi Jinping announced at the just concluded summit on Forum on China-Africa Cooperation in Beijing.

Zhong on his part said China is ready to ‘walk shoulder to shoulder’ with Uganda among other African Countries to implement the outcomes of the forum.

The Chinese and Ugandan parties settling down for the talks
“China-Africa relations have been deepened, and as H.E. Xi Jinping announced at the opening ceremony of the summit that China will join Africa to implement the 10 partnership actions through its national organisations,” said Zhong.

As the chairman of the Financial and Economic Committee, Zhong pledged to table Tayebwa’s proposals and concerns before the committee upon his return to China.

The Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi, applauded the Chinese government for their remarkable contribution to Uganda’s economy which he said has been steadily growing with an average six percent GDP growth rate.

Musasizi mentioned an ambitious strategy by the Ugandan government to boost its GDP rate from US$55 billion to US$500 billion by 2039.

The meeting held in the Parliament Conference Hall was also attended by MPs Moses Aleper; Mwine Mpaka; Robert Migadde; Dicksons Kateshumbwa; Sylvia Nayebale; and Amos Kankunda.

Loading

Don't Miss

EXPOSED! Muyenga Tycoon’s Maid Cited In Land Wrangle

In recent days, Muyenga, Y2K Zone a push Kampala suburb,

Parliament Orders Closure Of Fuelex Petrol Stations For Adulterating Fuel

The Parliamentary Committee on Trade And Industry led by Mbarara

Big Story: Parliament Probes UETCL Bosses Over Corruption, Mismanagement & Controversial UGX 28Billion Compensation Deal

Members of Parliament on the Committee on Environment and Natural

‘Back Off Buganda Land’ Kabaka Mutebi Castigates People Pushing For Abolition Of Mailo Land Tenure System

The Kabaka of Buganda Kingdom Ronald Muwenda Mutebi II has

Big Story: IGG Probes Over Shs1bn Ubos Fraud

The Inspector General of Government (IGG) is investigating top officials

EXPLOSIVE: How Speaker Kadaga & Confidant Hon. Okupa Spent Over US $764,000 (Shs2.8 BN) In-less Than 2 Years In Travels Abroad

Since taking office as Deputy Speaker of Parliament way back

Ham Vs DTB Appeal: Bank Of Uganda Runs Out Of Case, Leaves DTB To Carry Its Own Cross

Bank of Uganda has officially quit the case involving city

Amnesty International Joins Push To Free Presidential Runner Robert Kyagulanyi

The Ugandan authorities must immediately lift the police and military

Exporters Call For Strong Action Against EAC States’ Trade Barriers

Manufacturers have called on the government to impose tough measures

Big Story: How KCCA Officials Messed Up Youth Fund Programs, Stole Billions of Gov’t Funds In Shoddy Deals

Kampala: If there is any government Authority that frustrating President

I Predict Museveni, NRM Victory In 2021 Elections

By Faruk Kirunda Kampala: As we dive into the high

Crisis: Lord Mayor Lukwago Defies Court Order, Appoints Balondemu As Chairman K’la District Land Board

Veteran lawyer Hajji Elias Lukwago, who is the Kampala city

Scandal: Stanbic Bank Bosses Allegedly Steal Borrowers’ Land Titles, Mortgage Them To Dfcu Bank

Several officials at Stanbic Bank are in deep trouble after

Scandal: KCCA Officials On Spot For Blowing Shs 8Bn Under The Guise Of Renovating Old Tax Park

Several officials at the Kampala Capital City Authority (KCCA), are

Covid-19 Crisis: Ugandan Students Expected To Sit For UNEB Exams In March 2021

All indications are that a dead year will not be

BoU To Appeal In Supreme Court Over Trashed Crane Bank Case

The Bank of Uganda (BOU) has said it will be

Shame As Top Police Boss Is Convicted Of Car Theft, Ordered To Pay Over Shs282M

Untold shame has engulfed the Uganda Police a senior officer

Just In! Energy Mafias Rock Parliament As Patriotic Young Turks Question AIGP Akullo’s Involvement In Min. Energy Corruption

Panic has rocked Parliament as renowned Parliamentarian and Lawyer Hon.

Energy Mafias Debunked Part III: How Werikhe, Turyagyenda Corruptly Swindled Shs15 Bn For 3 Electricity Distribution Projects In Acholi, Bunyoro & Kiruhura

FUNDING THE COUP THROUGH ENERGY AND MINERALS CORRUPTION By the

Just In: Top Energy Officials Fired On Presidential Orders Over Massive Theft Of Electricity Distribution Funds

By Our Reporter Kampala: Two senior officials of Rural Electrification

Salary Scam Hits KCCA AS 29bn Is Paid To Ghost Workers

After Eng Andrew Kitata took over as the acting Executive

South Sudanese National Arrested Over Rape,Murder Of Wakiso Woman

Police Kira Division have arrested 26 year old Joh Gido
Big Story: President Felix Tshisekedi to Face Criminal Prosecution Over Massacre, Crimes Against Humanity in Congo, As Businessman Kibwe Katanga Petitions ICC

Big Story: President Felix Tshisekedi to Face Criminal Prosecution Over Massacre, Crimes Against Humanity in Congo, As Businessman Kibwe Katanga Petitions ICC

Renowned Congolese Businessman Kibwe Katanga Ngoie Ntombe, who is also