Impact of negative aggregate supply shocks that have curtailed production and increased costs COMMENT | NOURIEL ROUBINI | The new reality with which many advanced economies and emerging markets must reckon is higher inflation and slowing economic growth. And a big reason for the current bout of stagflation is a …
Read More »HEALTH: Long COVID
As much as 75% of hospital patients still not ‘fully recovered’ | THE INDEPENDENT | There are still many unknowns surrounding COVID-19, the disease caused by SARS-CoV-2, or the duration of persistent symptoms experienced with long COVID. Researchers in the U.K. recently published a study in The Lancet Respiratory Medicine …
Read More »HIV and mental Health
Although people with serious mental illness tend to be less sexually active, they have a higher risk of sexual behaviour Kampala, Uganda | PATRICIA AKANKWATSA | People who have or are at a risk of HIV and who are vulnerable to mental health conditions often face other significant individual, structural, …
Read More »Drones to data
Africa turns to healthtech | IVOR PRICE | From Uganda to South Africa, innovators are racing to lighten the pressure on under-resourced health systems using technology. Although this is not a silver bullet, healthtech can help tackle HIV, malaria and maternal deaths. In Uganda, the Wekebere lightweight belt, developed by …
Read More »UAP Old mutual insurance’s profits nearly double to Shs 17.2billion
Kampala, Uganda | ISAAC KHISA | UAP Old Mutual insurance company has seen its net profit nearly double from Shs 9.7billion in 2020 to Shs 17.2billion last year driven by increase in gross written premiums, better claims and expense management. The insurer, which owns 45% of UAP Old Mutual Properties …
Read More »Insurance giants Sanlam and Allianz sign $2.1bn African joint venture
The total group equity value of the joint venture, which will operate in nearly 30 African countries, is expected to be more than $2.1bn, according to Allianz | THE INDEPENDENT | South African insurer Sanlam and Germany’s Allianz have agreed to combine their current and future operations across Africa in …
Read More »Manufacturer’s trade fair is back
The exhibition is expected to attract 100 international exhibitors to promote their businesses Kampala, Uganda | THE INDEPENDENT | After two years of no show due to COVID-19 related restrictions, Uganda Manufactures Association is in high gear to host sector players from across the world for the 28th Trade Fair. …
Read More »MTN Uganda posts net profit of Shs 100bn in Q1
The firm maintains a positive outlook going forward Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda recorded a 20% increase in profit after tax to Shs100bn in quarter one of 2022, signifying an improvement in profit margins. The performance was boosted by data revenue, which increased by 45% …
Read More »Uganda says no subsidies to cushion rising prices
But reopening of economy will boost growth in the year through June to 4.5% and 6% in 2022/23 Kampala, Uganda | ISAAC KHISA | Uganda risks going into a new borrowing spree in the event that the government extends subsidies to essential commodities to cushion the soaring prices, according to …
Read More »Uganda second worst country for journalists
Journalists are among the country’s worst-paid professionals Kampala, Uganda | THE INDEPENDENT | Uganda is the second worst country to be a journalist in the East African region, according to the latest 2022 edition of the World Press Freedom Index published on World Press Freedom Day May 03. The World …
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