Supporters, critics, analysts speak out on the next five years Kampala, Uganda | IAN KATUSIIME | On May 12 President Yoweri Museveni raised the Bible in his right hand to take the presidential oath for the seventh time. While giving his inauguration speech to a crowd of an estimated …
Read More »COVID-19 variant first identified in India found in 44 countries, resistant to antibodies: WHO
Geneva, Switzerland | XINHUA | A COVID-19 variant first identified in India has been found in 44 countries with a possible presence in five more, and is believed to be resistant to certain antibodies, including from vaccines, the World Health Organization (WHO) said Wednesday. The variant, named B1617 and informally …
Read More »Hoima residents embrace COVID-19 vaccination
Hoima, Uganda | THE INDEPENDENT | The number of people receiving the covid-19 vaccine in Hoima district has increased in the last week. Hoima district received 5,230 doses of the AstraZeneca COVID-19 vaccine in March. Dr Lawrence Tumusiime, the Hoima District Health Officer- DHO says initially when they started rolling …
Read More »UK government unveils post-COVID recovery plan in Queen’s Speech
London, UK | XINHUA | British Queen Elizabeth II on Tuesday announced a series of bills as the British government pledged to “level up” the country while recovering from the COVID-19 pandemic. Speaking from the House of Lords, the upper house of the British Parliament, the Queen said in …
Read More »PostBank net profit up 16.7%
Supported by earnings on deposits, loans, fees and commission Kampala, Uganda | JULIUS BUSINGE | Tier II lender, PostBank Uganda has reported an increase in profit after tax from Shs8.3bn in 2019 to Shs10bn in 2020 amidst the COVID-19 pandemic crisis. According to its financial results released on May 03, …
Read More »UGX 700 million spent on COVID-19 tests as Museveni takes oath
Kampala, Uganda | THE INDEPENDENT | The Health Ministry has spent over seven hundred million shillings to test guests for COVID-19 as President Museveni takes oath for a sixth term in office. URN has learnt that the over 4000 guests at the ceremony were subjected to tests as per the COVID-19 …
Read More »FDA authorizes emergency use of Pfizer-BioNTech COVID-19 vaccine in adolescents
Chicago, USA | XINHUA | U.S. Food and Drug Administration (FDA) on Monday authorized the emergency use of Pfizer-BioNTech COVID-19 vaccine in adolescents aged 12-15 for the prevention of COVID-19 vaccine caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The FDA has determined that Pfizer-BioNTech COVID-19 Vaccine has …
Read More »EU’s contract with AstraZeneca “valid until last doses delivered”: spokesperson
Brussels, Belgium | XINHUA | The contract between the European Union (EU) and vaccine manufacturer AstraZeneca is valid until all COVID-19 doses set in the contract have been delivered, said a EU spokesperson on Monday. “The contract remains in force until the last doses are delivered,” said Stefan de …
Read More »Greek PM calls for COVID-19 vaccine patent waiver to help countries in need
Athens, Greece | XINHUA | Greek Prime Minister Kyriakos Mitsotakis on Monday called for waiving intellectual property rights protected by patents for COVID-19 vaccines in order to speed up production to assist countries in need. “The health crisis has highlighted more than anything the need for joint action to address …
Read More »Standard Chartered Bank 2020 net profit down 42%
But, it recorded positive growth in assets and customer deposits amidst coronavirus pandemic threat Kampala, Uganda | JULIUS BUSINGE | Standard Chartered Bank has reported a dip in profit after tax by 42% from Shs124bn in 2019 to Shs72bn in 2020, according to its financial results released on Apr.29. Overall …
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