In and out of the Ugandan capital Kampala, there are a lot of buildings painted with advertisements of Goodwill a Chinese ceramics tile company that relocated from China to Africa in an internationalization move.With the factories in East and West Africa, Goodwill hopes to revolutionize the ceramic tile making industry in Africa, according to Jiang Ke, deputy managing director of Goodwill Uganda.”In African market, we have four factories producing about 25 30 percent of the whole continental production capacity, which means we are the biggest ceramic tile factory in Africa,” Jiang told Xinhua in a recent interview.Most of the ceramic tiles in Africa are imported from Europe and Asia, although there are a few factories in Egypt and South Africa.By setting up in Africa, Goodwill is targeting to explore the growing market and also save African countries from spending their foreign exchange, said Jiang, adding that Goodwill is also bringing many local jobs and government tax revenue.He said in China, Goodwill now do not have a factory apart from their headquarters and a procurement center.For many Chinese firms that are seeking overseas expansion, Africa is one of the desired destinations due to the increased cooperation between the continent and China. Dollars to boost is cooperation with Africa through the Forum on China Africa Cooperation (FOCAC). The first announcement of 60 billion dollars was in 2015 during the FOCAC summit in Johannesburg, South Africa.
Teresa Thomson, employee benefits assistant with the bank investment and trust division, was promoted to assistant vice president in the bank trust division. Ms. Thompson received her Certified Retirement Services Professional designation from the Institute of Certified Bankers in 2011.
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