AstraZeneca’s CEO says governments and private sector can ensure vaccines reach those in need COMMENT | PASCAL SORIOT | Although we have come a long way in the fight against COVID-19, the only thing that will alter the course of the pandemic decisively is a genuine act of global solidarity. …
Read More »Mixed performance for private sector activities
Rising customer numbers support expanding private sector output according to Stanbic Bank Uganda index Kampala, Uganda | JULIUS BUSINGE | Growth was recorded again in the Ugandan private sector during May, with output, new orders and employment all rising over the course of the month, according to the monthly Stanbic …
Read More »World Bank: Uganda can achieve inclusive growth by investing in climate-smart agriculture
The report says macroeconomic recovery and stimulus packages must be combined with measures that will spur a green, resilient, and inclusive growth | THE INDEPENDENT | In Central Uganda, school children in Kisubi are learning about fish farming and integrated aquaculture, which help to reduce pressure on dwindling water resources …
Read More »Banks post third profit decline in 10 years
Several potential vulnerabilities remain related to the pace of the economic recovery and its effect on the income and loan repayment capacity of firms and households Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks recorded the third drop in full year profits in 10 years weighed down by increased …
Read More »Insurance sector records slow growth in premiums
IRA hopes that 2021 will be a better year compared with last year amidst the new wave of coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Enhanced distribution and sustainable growth in the uptake of medical and life insurance policies helped Uganda’s insurance industry to record a 9% growth in …
Read More »Inside Uganda’s Shs44.7trillion spending plan
Human capital, security and governance take lion’s share of the 2021 national budget | THE INDEPENDENT | Uganda’s newly appointed State Minister for Planning Amos Lugolobi on June.10 unveiled the contents of the 2021/22 national budget to the public. Setting out the government’s tax and spending plans for the year …
Read More »Steaming against COVID-19
Benefits and dangers of steam inhalation therapy | THE INDEPENDENT | As Uganda battles a brutal second wave of the acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the agent that causes the coronavirus disease 2019 (COVID-19), there is still no effective antiviral treatment for the infection. Instead, non-pharmaceutical preventive interventions remain …
Read More »Museveni new cabinet sparks ability questions
But opposition says new Vice President, Prime Minister deserve chance Kampala, Uganda | IAN KATUSIIME | Katakwi and Kakumiro; two districts from where Uganda’s Vice President and Prime Minister have emerged and where the re-alignment of Uganda’s cabinet has been centered. President Yoweri Museveni rewarded the Teso sub-region which resoundingly …
Read More »COVID-19 impacts mental health
Dan Bukenya’s case shows how the many restrictions imposed lead to increased levels of stress, anxiety and depression | THE INDEPENDENT | Dan Bukenya felt beleaguered by anguish. He lost sleep most nights and was often testy. He tried to self-medicate to no avail. Only when he agreed to be …
Read More »Museveni’s wavering fight against assassins
A look at the President’s record on dealing with murders Kampala, Uganda | IAN KATUSIIME | President Museveni became meme fodder on social media once again in his latest reference of deadly assassins as “pigs”. Denouncing trained assassins after a high profile killing is the default position of the Commander …
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