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Tag Archives: COVID-19

BREXIT, COVID-19 killing European market

Kampala, Uganda | THE INDEPENDENT  |  Ugandan exporters are crying over the business disruption caused by the exit of the United Kingdom from the European Union alias Brexit as they were coming to terms with the effects of Covid-19. The UK voted to leave the EU in 2016. While it officially …

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Will Inflation make a comeback?

Economic forecasting models have long been notoriously inaccurate in predicting inflation | AXEL A. WEBER | Current forecasts by many banks, central banks, and other institutions suggest that inflation will not be a problem in the foreseeable future. The International Monetary Fund, for example, expects global inflation to remain subdued …

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COVID-19: WHO puts pressure on Magufuli’s Tanzania

Geneva, Switzerland | THE INDEPENDENT | World Health Organization Director-General Tedros Adhanom Ghebreyesus has reached out to COVID-19 skeptic, Tanzania’s President John Magufuli, promising to support the country’s health system. “COVID-19 is a serious disease that can cause severe illness and even death. National authorities everywhere must do all they can …

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Why desired economic growth will be hard to achieve

Kampala, Uganda | THE INDEPENDENT | The recovery of the Ugandan economy to the desired levels will depend on many factors, most of them beyond the country’s control according to experts and the private sector. These factors include the rebound in the export sector, the developments in oil sector, the universal …

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EU pledges 100 mln euros for vaccine rollout in Africa

Brussels, Belgium | THE INDEPENDENT |  European Commission President Ursula von der Leyen on Friday pledged 100 million euros (121 million U.S. dollars) in humanitarian assistance to support the rollout of vaccination campaigns in Africa. In a statement, the European Union (EU) said this funding will support the vaccination campaigns in …

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Biden tells Europe “America is back”

Berlin, Germany | THE INDEPENDENT |  U.S. President Joe Biden said on Friday that the United States is returning to the transatlantic partnership and will address global challenges like climate change and the COVID-19 pandemic. “I’m sending a clear message to the world: America is back. The transatlantic alliance is back. …

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EU to support COVID-19 vaccination strategies in Africa

EU funding will, among others, contribute to ensuring the cold chains, roll-out registration programmes, training of medical and support staff as well as logistics.  Brussels, Belgium | THE INDEPENDENT | The President of the European Commission, Ursula von der Leyen, has announced today $121 million (€100 million) in humanitarian assistance to support the …

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