Implications on Uganda’s economy due to low economic activity and COVID-19 related worldwide challenges COMMENT | SAMUEL OKULONY | The outbreak of COVID 19 in China in December last year and its spread across the world has resulted in unprecedented events and stressed both highly developed and low developing countries. …
Read More »Afreximbank unveils a US$3million COVID-19 Response Grant
The bank’s net profit increased from US$275.9million in 2018 to US$315.3million last year Kampala, Uganda | ISAAC KHISA | Africa’s multi-lateral lender, African Export-Import Bank, has unveiled a US$3-million grant to complement continental efforts to combat the COVID-19 pandemic. The Bank’s President Prof. Benedict Oramah, who made the announcement in …
Read More »UK investor Gridworks eyes African utilities overhaul
In too many countries, transmission and distribution remain the responsibility of badly managed state utilities. Gridworks CEO Simon Hodson explains to David Thomas how his organisation plans to invest to make the sector commercially sustainable In the barren, rocky wasteland at the southern edge of Kenya’s remote Lake Turkana sit the whirring turbines …
Read More »Uganda’s 2020/21 budget shoots to Shs 45.4trillion
Analysts say the proposed budget should focus on key sectors that support revamping the economy Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Over the past six weeks, Uganda has been in a total lockdown. Shops, except pharmacies and agro vets, had been shut. Transport paralysed. Hotels switched …
Read More »Africa trade fair in Kigali postponed due to COVID-19
The third edition of IATF has also been postponed from 2022 to 2023 to be in line with the two-year intervals between IATF events. Kampala, Uganda | ISAAC KHISA | Owing to the ravaging COVID-19 pandemic, the African Export-Import Bank, the African Union and the Rwandan government have decided to …
Read More »Containing COVID-19 economic fallout
How issuance of the IMF’s reserve asset, Special Drawing Rights, could ensure international liquidity COMMENT | JIM O’NEIL AND DOMENICO LOMBARDI | Owing to the COVID-19 pandemic, the International Monetary Fund estimates that, between now and the end of 2021, global GDP will suffer a cumulative loss of more …
Read More »Recovery strategy for tourism
What the sector requires to manage blow from coronavirus | ISSAHAKU ADAM AND ALBERT N. KIMBU | Tourism has become an important economic sector for most African countries in the last two decades. There has been increased investments in product development and enhancement, aggressive marketing, coupled with appropriate business-friendly socio-political …
Read More »Maternity care during COVID-19 crisis
How it can be responsive, respectful, person-centred | PATIENCE AFULANI AND NADIA DIAMOND-SMITH | COVID-19 is sweeping the world, and the burden on healthcare facilities is growing. Stories have begun to emerge from higher-resource countries, mainly in the U.S. and Europe, about poor experiences for women giving birth in …
Read More »Consequences of rising Victoria waters
They remind us of its uncompromising laws that are not cheatable and bite so deeply and indiscriminately COMMENT | JOSEPH MUKASA NGUBWAGYE | Images of “swimming” portions of prominent hotels in Kigo and Entebbe in Wakiso district continue to make rounds on social media. The situation is not any different …
Read More »How cities can be unique
They don’t have to copy hipster trends to prosper | EMILY HOPKINS | London, New York, Tokyo, Paris and Hong Kong – these famous cities dominate the world economy and are home to millions of people, as well as internationally renowned arts, culture and educational institutions. But they are hardly …
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