Tag Archives: COVID-19

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 …

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 …

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 …

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 …

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 …

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 …

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 …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has revised its growth projections for this financial year. BoU says that all high-frequency indicators available show that the momentum of economic activity for the quarter to July 2021, subsided. The tourism sector was expected to grow much faster when Entebbe …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament who have not been vaccinated against the coronavirus will not be allowed to attend parliament sessions next week. MPs are currently on a working recess to assess the impact of the Emyooga program in their constituencies. Chris Obore, the Parliament Director of …