Industrial sector rent remains stable as that of office and residential falls Kampala, Uganda | ISAAC KHISA | Rents in industrial sector has remained stable amidst the coronavirus pandemic as that of office and residential sectors take a southward trend. The Knight Frank’s latest Kampala market performance review shows that, …

As Kenya becomes the latest African country to succumb to the economic fallout of the virus, can its economy rebound in 2021 as a deadly second wave sweeps the continent? | TOM COLLINS | Kenya’s economy slumped into a recession for the first time in almost two decades after GDP …

Uganda’s housing deficit stands at 2.4 million units, out of which 210,000 are in urban areas Kampala, Uganda | ISAAC KHISA | Uganda’s Housing Finance Bank has inked a business deal with the Buganda Land Board and the Chinese construction firm, Guoji Group Company, to provide mortgage facilities to prospective …

But isn’t the country’s public debt gravitating towards a crisis? Kampala, Uganda | ISAAC KHISA | The National Resistance Movement administration plans to borrow Shs10.3trillion from external lenders in the FY 2021/22 that starts in July, according to the latest Budget Framework Paper, maintaining the country’s momentum towards the debt crisis …

Uganda’s economy is slowly opening up amidst coronavirus pandemic, rising hope for the banking industry’s quick recovery. The Independent’s Isaac Khisa caught up with the Absa Bank Uganda Managing Director, Mumba Kalifungwa, and shares the industry’s projected performance and the future outlook. What do you make of Uganda’s banking industry …

  The carrier takes on Kenya Airways, RwandAir, Air Tanzania and Ethiopian Airlines which dominates the new routes Kampala, Uganda | ISAAC KHISA | Uganda’s national carrier, Uganda Airlines, is set to tighten competition in the East Africa’s aviation market with the unveiling of new routes. The carrier has announced …

The real impact of COVID-19 pandemic on banks will be seen in the second or third quarter of next year Kampala, Uganda | ISAAC KHISA | Ugandan commercial banks may believe that they are headed for recovery amid the novel coronavirus pandemic but the headwinds are still big, said Tumubweine …

Covid-19 pandemic has taken a heavy toll on Africa’s airlines, but some analysts suggest that a more streamlined industry offering better services could emerge | CHARLIE MITCHELL | After gaining independence, the old saying went, African countries first needed a currency, then an anthem, then an airline. Currently, airlines – …

Health ministry, audits give conflicting figures Kampala, Uganda | ISAAC KHISA | As Ugandans began contracting the novel coronavirus, President Yoweri Museveni on April.03, made an appeal for public solidarity in support of the health care system that was already in a crisis due to limited funding. Dozens of companies …

Pandemic widens education gap as it impacts rural and disadvantaged children further Kampala, Uganda | ISAAC KHISA | The scene looks like a typical telephone call centre. Women and men sit before computers, headsets pinned to their ears, mouth-pieces ready and light projectors dangling from the ceiling. But this is …