Professor Benedict Oramah wears many hats. He is the President of the Africa Export and Import Bank (Afreximbank), the Chairman of the Board of Trustees of the African Union COVID-19 Response Fund and a member of the African Vaccine Acquisition Task Team (AVATT), an initiative of the AU Commission and …
Read More »Health, education ministry clash over vaccination of learners above 18 years
Kampala, Uganda | THE INDEPENDENT | The Ministry of Education and Sports and the Health Ministry have clashed over who should be vaccinated in the education sector as the country looks at reopening of educational institutions. In a press release issued yesterday, the Minister of Education and Sports Janet Kataha Museveni …
Read More »Absa: Economy is struggling but outlook is positive
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 …
Read More »Covid-19, gov’t regulations impact tobacco revenues and taxes
Kampala, Uganda | THE INDEPENDENT | Uganda’s formal tobacco Industry continues to be impacted by a growing trade in illicit products, attributed to government policies which are otherwise aimed at protecting the industry. These include the implementation of anti-smoking regulations as well as the tax measures that are largely aimed at …
Read More »Mutebile keeps central bank rate at 6.5%
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 …
Read More »Economy not recovering soon, says Bank of Uganda
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 …
Read More »Busia gets all purpose ambulance
Busia, Uganda | THE INDEPENDENT | Masafu general hospital in Busia district has received an ambulance with a high dependency medical equipment. The sh110 million shillings fully equipped ambulance has medical equipment like Oxygen supplying system, defibrillator for patients with heart problems, patient monitoring system, patients’ bed, first aid kits …
Read More »Wakiso district councilors decline to approve Covid-19 supplementary budget
Kampala, Uganda | THE INDEPENDENT | Wakiso district councilors have refused to pass the 320 Million Shillings Covid-19 supplementary budget. During the council meeting held on Thursday, the Wakiso LC V chairperson Matia Lwanga Bwanika presented the supplementary budget and requested the council to approve it. He told the councilors that …
Read More »Kyagulanyi calls for reopening of schools
Kampala, Uganda | THE INDEPENDENT | The National Unity Platform-NUP President Robert Kyagulanyi Ssentamu has asked the government to reopen schools as soon as possible to avert what he called a waiting catastrophe. Speaking on Friday at the party headquarters to remember the lives of his supporters who have died in …
Read More »Education ministry warns medical schools against concealing Covid-19 cases
Kampala, Uganda | THE INDEPENDENT | The Ministry of Education and Sports has warned administrators of medical schools against concealing COVID-19 infection cases ahead of their reopening next week. On 18 June, President Museveni re-imposed the second lockdown in the country, closing all education institutions of learning, public gatherings and banned …
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