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Tag Archives: COVID-19

Services, wholesale and retail sectors gain

As COVID-19 lockdown measures hit agriculture, construction and industry Kampala, Uganda | JULIUS BUSINGE | For the first time since February, the headline Stanbic Bank Purchasing Managers’ Index (PMI) crossed into positive territory recording a reading of 50.3 during July, up from 46.5 in June. This is a significant recovery …

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Umeme, Stanbic dominate trading at USE in Q2

Market executives anticipate good performance as COVID-19 threat is minimized Kampala, Uganda | JULIUS BUSINGE | Trading in the second quarter of 2020 at the Uganda Securities Exchange registered a tremendous decline as  Uganda’s  equity  markets  continued  to  feel  the  impact  of  COVID-19  pandemic, according to the quarterly bulletin for …

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China, Africa Union experts meet to plan COVID-19 fight

Addis Ababa, Ethiopia | XINHUA |  High-level African and Chinese experts and officials on Tuesday called for further strengthening China-Africa ties in the fight against the COVID-19 pandemic in Africa. They made the call during a high-level virtual China-Africa joint response to COVID-19 pandemic meeting, which brought together senior experts …

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COVID-19: Probe finds Kenzo free to be discharged from quarantine

Kampala, Uganda |  THE INDEPENDENT | The Ministry of Health has discharged 78 returnees including top Ugandan top musician Edrisa Musuuza aka Eddy Kenzo from institutional quarantine.  The group has been discharged from quarantine after testing negative twice for the Coronavirus (COVID-19).     However, Kenzo’s discharge was only after a probe found …

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