COMMENT | Xinhua | China is continuing expanding its aid and support for other countries, especially the developing and least developed ones, in getting access to COVID-19 vaccination. A shipment of 200,000 doses of Sinopharm COVID-19 vaccines donated by China arrived in Zimbabwe Monday. Peru received 700,000 more doses of …
Read More »Seed prices increase in Bududa ahead of planting season
Bududa, Uganda | THE INDEPENDENT | The prices of seeds have shot up in Bududa district as the planting season draws closer. The most affected are maize and bean seeds. A kilogram of untreated maize seeds now costs Shillings 1800 from Shillings 1200. A sachet of 2 kilograms of treated maize …
Read More »Govt asks EU to respect Uganda’s sovereignty
Kampala, Uganda | URN & THE INDEPENDENT | Government has asked the European Union (EU) Parliament to respect the country’s sovereignty and ensure non-interference if relations between the two is to be sustained. Uganda response to EU Resolution (CLICK TO READ FULL STATEMENT) The EU Parliament last week adopted 19 resolutions taking …
Read More »BATU beats COVID-19 to post Shs19.9bn net profit
The government takes a huge chunk of revenues as taxes to reduce tobacco smoking Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda has defied the effects of coronavirus pandemic to record a 27% surge in net profit to Shs19.9bn for the year ended December 2020. BATU will now …
Read More »Food shortage hits 40,000 households in Karamoja
Karamoja, Uganda | THE INDEPENDENT | Several families across Karamoja region are one the verge of starvation due to severe food shortage. Although this isn’t the first time the region is experiencing food shortage, the current situation is worse owing to last year’s floods and the nationwide lockdown to contain the …
Read More »Major airlines to deliver COVID-19 vaccines through new airfreight initiative
Kampala, Uganda | THE INDEPENDENT | Fifteen airlines have said an agreement with UNICEF to support its ‘Humanitarian Airfreight Initiative’, to secure transport for COVID-19 vaccines with the the onset of vaccination in different countries across the world. The airlines are backing the landmark initiative to prioritize delivery of COVID-19 vaccines, essential …
Read More »Misused facemasks could cause more infections than they prevent
Kampala, Uganda | THE INDEPENDENT | A section of the Ugandan public is wearing facemasks that no longer protect from the dangers of contracting COVID-19. Instead, the masks they are using are riskier than not using one mostly because of prolonged use and irregular washing. Because COVID-19 spreads mainly from person …
Read More »WHO approves two more COVID-19 vaccines for emergency use
Kampala, Uganda | THE INDEPENDENT | The World Health Organization (WHO) has listed two more versions of the AstraZeneca/Oxford COVID-19 vaccine for emergency use, giving the green light for them to be rolled out globally through the COVAX facility, set up to ensure equitable access to the drug across the world. …
Read More »BOU maintains credit relief for borrowers as COVID-19 effects persist
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has extended for six months effective April 1, 2021 the Credit Relief Measures that the banking industry offered their borrowers to help them overcome the impacts of the Coronavirus (COVID-19) pandemic on the economy. The Bank will also extend its financial …
Read More »Uganda maintains 10th spot in ABSA’s Africa Financial Markets Index
However, the financial services sector is not out of the woods yet Kampala, Uganda | JULIUS BUSINGE | Uganda has for the fourth consecutive year maintained the 10th position in the Absa Africa Financial Market Index 2020, signalling a stagnation in performance. The report, released by Absa Bank shows …
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