Oil, agriculture and BoU to determine the recovery path, executives say Kampala, Uganda | THE INDEPENDENT | Economic recovery in the coming years will largely depend on oil and gas, agriculture and Bank of Uganda’s monetary policy decisions, according to Absa Bank Uganda executives. Speaking via a recent virtual conference …

Says private sector credit growth remains subdued driven largely by low demand Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda’s decision to keep the central bank rate unchanged at 6.5% in the next three months has sent a signal to the market that Covid-19 containment measures are still a …

Who are the winners and losers? ANALYSIS | THE INDEPENDENT | The second wave of COVID-19 appears to have hit the economy severely and dimmed prospects for a quick recovery, according to the latest Bank of Uganda monetary Policy Statement for August 2021. The statement is the first major economic …

How the incidence, depth, duration, and timing of poverty together influence a child’s educational attainment COMMENT | HAMZA WAMONO | March 2020 will forever be remembered in the education community as the month when all schools in the country shut their doors. The government instituted nationwide school closures due to …

  No single approach will ever be enough | WILLIAM A. HASELTINE | The United States has now entered its fifth wave of COVID-19 infections. In each one, the country has paid a high price for doing far less than it could. In the first wave, lockdowns and other restrictions …

The creative process creates an expanded capacity of joy, love and confidence Kampala, Uganda | DOMINIC MUWANGUZI | Questions abound how communities across the world can now cope with the increasing numbers of depression in the population. This is as a result of the Covid-19 pandemic which has inspired a …

Doctors warn practice can result in improper treatment or cause new illness Kampala, Uganda | PATRICIA AKANKWATSA | More Ugandans are treating themselves without first seeking medical adviceas the COVID-19 pandemic rages. The Council of Pharmaceutical Society of Uganda made the revelation in a recent statement. “With the surge of …

But players expect recovery due to easing of COVID-19 lockdown measures Kampala, Uganda | JULIUS BUSINGE | Business captains are optimistic that activity will rebound once lockdown restrictions are lifted by government, according to the July Purchasing Managers’ Index (PMI). Experts expect opportunities in form of new jobs and economic …

Stanbic Bank has just held its annual financial market event that brings together its clients and investors to share views on trends and outlook on financial markets, foreign exchange and interest rates. The media had an interaction with the Head of Trading at Stanbic Bank Ronald Muyanja and he shares …

The new appointment comes at the time the drug maker’s share price has fallen below the IPO price Kampala, Uganda | ISAAC KHISA | Cipla Quality Chemicals Ltd, the producer of human drugs including anti-malarial and anti-retroviral is now set to receive a new managing director, Ajay Kumar Pal to …