Thursday , November 14 2024

Business

Business news

Forget China, think local

New report by EPRC echoes global procurement experts on post-COVID business | THE INDEPENDENT | Businesses in Uganda should build new supply chains following the disruption to their old ones caused by the outbreak of the coronavirus disease, COVID-19. That is one of many takeaways from a business climate survey …

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4.4 million Ugandans could lose jobs due to coronavirus-Report

Kampala, Uganda |  THE INDEPENDENT |  Four million Ugandans could lose their jobs if the Coronavirus pandemic persists for the next six months, according to the business climate index published by the Economic Policy Research Centre. EPRC conducted a survey, sending questionnaires electronically to 147 businesses which are a panel of …

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Radio stations struggling to generate revenue

Kampala, Uganda |  THE INDEPENDENT |  The COVID-19 pandemic has resulted in huge financial pressures on radio stations across the country with little or no revenue from advertisers, the main source of income for the broadcasters. Several businesses have come to a standstill since the lockdown which started in March. The …

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Coronavirus shuts down Africa’s tourist industry

Africa’s hotels, tour operators and airlines are all reeling from the impact of coronavirus. The African Business Magazine’s Liam Taylor surveys the situation The Serena Hotel in Kampala, the Ugandan capital, is a luxurious complex of conference facilities, fine dining spaces and landscaped gardens. In normal times Geoffrey Ssejongo, a waiter, would be …

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Multinationals in the time of virus: who wins, who loses

Milan, Italy | AFP | The coronavirus pandemic, set to provoke a severe global recession this year, is hitting multinational companies disproportionately. Here is a list of winners and losers, according to a study published on Tuesday from the research unit of Italian bank Mediobanca, based on results from the first quarter of 2020. THE …

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