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A Chinese state-owned bank is now the owner of Entebbe International Airport, among other Ugandan assets, due to the Ugandan government’s defaulting on a loan.
The loan for $207 million was originally taken out on Nov. 17 2015. It had a seven-year grace period which, as of the time of this writing, has now passed. According to Sahara Reporters , “Entebbe International Airport is Uganda’s only international airport and handles over 1.9 million passengers per year. Its seizure by China would greatly dent the legacy of the 77-year-old [head of state Yoweri] Museveni, who came to power on the back […]
They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
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