Kampala — In order to acquire land and start actual work on the development of Free Trade Zones in Uganda, the authority responsible for the establishment could require funding of up to Shs400 billion.

More than 200 Chinese and African companies met in Guangzhou, China, on 14 December to explore business and investment partnerships in the agro-processing and light manufacturing sectors.

WBS TV will cease to operate as a public broadcaster on December 14, 2016 because of failure to repay a sh7billion tax debt, a source has told The Independent.

Daily Trust newspaper is a widely read newspapers in Nigeria which covers breaking updates and news including politics, business, sports, city news, insurance, education, agriculture and lots more. Daily Trust newspaper has won the award for the newspaper of the year.

A Chinese investor, Beijing Pinchang, is set to inject $100 million into Kamativi Tin Mine in Matabeleland North province in a deal that will see the company and the Zimbabwe Mining Development Corporation (ZMDC) jointly owning the entity, a cabinet Minister has said.

Nigeria and China have signed two Memoranda of Understanding (MoU) on geosciences cooperation during the Nigeria-China Mining Investment Roadshow which held in Beijing, China.

Relations between Botswana and China remain excellent and mutually beneficial with the development of these two nations.

Khartoum — A shareholders' agreement has been signed Sunday between GIAD Industrial Group and China's Jiang Shu Company to develop the Red Sea's Free Zone and the projects of the Red Sea's water desalination as well as mining for gold and copper.

In an effort to expandthe tax base, the Tanzania Revenue Authority (TRA) has reached out to Chinesetraders. About 200 200 Chinese traders participate in taxation training.