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Tag Archives: lockdown

Stock markets shrug off US layoffs

London, United Kingdom | AFP | Stock markets mostly rose and the dollar advanced Thursday, gaining traction from optimism over reopening economies and a huge EU coronavirus recovery package, dealers said. Asia bounded higher but Hong Kong failed to maintain early gains as investors fretted over a US decision to revoke …

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Travelers turn to private vehicles for transport

Kampala, Uganda | THE INDEPENDENT | Several travelers have taken advantage of the return of private vehicles on Ugandan roads to ask for lifts to their destinations. On Tuesday, private vehicles returned to the road following the easing of the Covid-19 lockdown. In his last televised Covid-19 address, President Yoweri Museveni …

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Expect no growth in 2020 – Muhakanizi

Kampala, Uganda | THE INDEPENDENT | The Secretary to the Treasury, Keith Muhakanizi has said Uganda will be lucky to grow at all in the calendar year 2020, underlining the extent of battering the coronavirus (COVID-19) has had on the country’s economy. Muhakanizi was today speaking at an event to …

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Fish exports decline by 70% due to COVID-19 restrictions

Kampala, Uganda | THE INDEPENDENT | Uganda’s fish exports have gone down by nearly 70 percent as a result of the global COVID-19 pandemic according to the Uganda Fish Processors and Exporters Association (UFPEA). The Association’s acting CEO William Tibyasa Mwesigye says that Uganda exported 2,000 tons of fish in …

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Village banks in Mbale struggling to recover loans

Kampala, Uganda | THE INDEPENDENT | The COVID-19 lockdown has affected the operations of village saving groups in Mbale district as members are failing to repay loans advanced to them. The banks give out loans to especially subscribed members who operate petty businesses and farming. The loans usually range from …

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MultiChoice reaches out to leaners via Pearl Magic channel

Kampala, Uganda | Julius Businge | MultiChoice Uganda, has through local content channel – Pearl Magic, launched Learning Time, an education segment on the channel dedicated to providing education support to students in Uganda while on lockdown. The segment is covering all the major subjects for Ugandan students and will run …

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MPs want curfew time adjusted

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has observed a need to adjust the night time curfew time which currently starts at 7:00 pm to ensure that Ugandans are not caught on the wrong side of the law. The night time curfew has been running …

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Luweero district council rejects proposal to spend UGX 80m on food

Luweero, Uganda | THE INDEPENDENT | Luweero district council has rejected a proposal to use the COVID-19 facilitation from area Members of Parliament to buy food and clear allowances for members of the COVID-19 task force. Each member of Parliament had received 20 million Shillings from the Parliamentary commission to …

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