|
|
[HOME ] [ABOUT] [PHOTOS] [VIDEO] [BLOG] [HOUSTON] [TEXAS] [U.S. NEWS] [WORLD NEWS] [SPORTS] [POP CULTURE] [CONTACT] |
|
|
|
|
|
|
Chinese merchants given 30 days by Tanzania to stop trading
by Joseph Ernest January 7, 2011
Newscast Media -- The Tanzanian government has given Chinese merchants 30 days to stop trading in a Dar-es-Salaam market. The deputy industry minister said Chinese businessmen were allowed into the country as investors, but not as "vendors or shoe-shiners". Lazaro Nyalandu said these jobs could "be carried out by locals", Tanzania's Citizen paper quotes him as saying. China has numerous traders in Tanzania trading illegally, taking jobs of native Tanzanians, and have opened up many retail and wholesale shops. Mr Nyalandu made the comments at Kariakoo market, which the government wants to become an export center for the East African nation. He also said that Tanzania was about to do a deal with the Chinese government to ensure that goods imported from China meet international standards, Tanzania's Guardian newspaper reports. In 1972, Idi Amin of Uganda took it a little farther. He expelled over 50,000 Asians out of resentment that they were increasing in number and dominating the country's economy, and rather than re-invest the money back into Uganda's economy, they sent it to overseas accounts. The Asians were given 90 days to leave the country. Before the expulsion, Asians owned many large businesses in Uganda but the purge of Asians from Uganda's economy was virtually total. In total, some 5,655 firms, ranches, farms, and agricultural estates were reallocated, along with cars, homes and other household goods. Based on Nyalandu's remarks, Tanzania too seems to be concerned that the Chinese might eventually override the locals since they have access to cheap goods, which would deprive the native Tanzanian merchants from competing in the marketplace against the less expensive Chinese goods and services.
|
|
Join the Newscast Media social networks for current events and multimedia content.
|
Copyright© Newscast Media. All Rights Reserved. Terms and Privacy Policy |