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Tag Archives: COVID-19

Hedge funds are pouncing on companies infected by coronavirus

New York, United States | AFP |  Hedge funds have lost billions of dollars as coronavirus has stalled the economy and sent Wall Street into a tailspin. But the financial institutions favored by the world’s richest investors are plotting a recovery by betting on the markets’ slump. US-based hedge funds are …

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Busoga University to host Iganga district COVID-19 isolation centre

Iganga, Uganda |  THE INDEPENDENT |  Iganga district officials have resolved to transfer their COVID-19 isolation centre from Iganga General Hospital to Busoga university dormitories.  In an interview with URN, the Iganga district health officer David Muwanguzi says that they resorted to seeking more space due to the overwhelming numbers registered …

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UPDF, police appoint commanders of COVID -19 evacuation team

Kampala, Uganda |  THE INDEPENDENT |  Uganda People’s Defence Forces –UPDF and Uganda Police Force –UPF have appointed three officers to command COVID-19 evacuation team that has been established by the National Security Council. The three;  Kampala Metropolitan deputy police spokesperson Denis Namuwooza, Lt Col Bright Ruyonga and Cpt Dr David …

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Prof. Ogenga Latigo denies dodging COVID-19 mandatory checkup

Gulu, Uganda |  THE INDEPENDENT |  Prof. Morris Ogenga Latigo, the Agago North County MP has downplayed claims that he dodged a 14-days’ mandatory self-quarantine against Coronavirus (COVID-19) Disease after his trip to South Africa. Latigo, alongside other Ugandan lawmakers, traveled to Midrand, South Africa for a meeting of the of …

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Uganda COVID-19 cases now at 23

  Kampala, Uganda | THE INDEPENDENT | The number of confirmed COVID-19 cases in Uganda has risen to 23, after five more positive results were got from 227 samples tested Friday. Earlier in the day, it had been announced that four other people from Dubai who have been under quarantine …

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Coronavirus bailout

COVER STORY | THE INDEPENDENT TEAM |  As the coronavirus pandemic ravages the globe, countries are scrambling to protect citizens financially, cushion businesses and companies, and ensure their economies do not fail from the fallout. This is because the coronavirus pandemic is not only straining the world’s health sector, businesses …

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Global investment flows to drop 40% as coronavirus spreads

Kampala, Uganda | THE INDEPENDENT | Foreign Direct Investment flows are liable to drop by 30 to 40 percent during 2020 into next year due to the ongoing COVID-19 pandemic reflecting a far more severe economic blow that initially projected. This is according to the latest investment trends monitor report, …

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