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Tag Archives: COVID-19

East African Breweries revenue up 15%

East African Breweries Limited (EABL) recorded 15% growth in revenue to Kshs86.0 billion for the year ended June 2021. | THE INDEPENDENT | Profit before tax was up 2% to Ksh10.9 billion. The slower profit growth rate was driven by the impact of cost inflation, adverse foreign exchange impact and …

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More borrowers seek credit from banks

The second wave of the pandemic pose downside risks to credit growth Kampala, Uganda | JULIUS BUSINGE | Banks have recently received more loan applications and extended more credit to borrowers amidst the coronavirus pandemic. This is good for jumpstarting the economy that has been hit by COVID-19 lockdowns. Till …

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Inspection of arcades in Kampala city underway

Kampala, Uganda | THE INDEPENDENT | The government has started inspecting arcades in Kampala Capital City to ensure that they adhere to the Covid-19 standard operating procedures. The inspection exercise is being conducted by Kampala Capital City Authority-KCCA in partnership with security personnel from the Kampala Metropolitan Area. Following the easing …

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Parliament taskforce unearths discrepancies in Covid-19 expenditure

Kampala, Uganda | THE INDEPENDENT | The Parliament Covid-19 taskforce committee has discovered discrepancies in the Ministry of Health Covid-19 expenditure. The accountability report was presented to the committee by the Minister Dr Jane Ruth Aceng. This is highlighted in the committee report that is scheduled to be presented before parliament …

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Bolt seeks to improve drivers’ experience after 42-days of lockdown

Kampala, Uganda | THE INDEPENDENT | Bolt Uganda, the e-hailing company, is temporarily waiving commissions for drivers following the government’s recent partial lifting of the COVID-19 lockdown. The move seeks to help drivers have a better start of their business after the 42-day lockdown which significantly impacted their earnings. In a …

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Predicting COVID-19 increases

Here’s the tool Ugandan scientists are using to predict cases, lockdowns, and reopening | THE INDEPENDENT | One of the obstacles if you are trying to guide policy and protect people from COVID-19 is the bewildering amount of data available every day. We are awash in information, but everyone wants …

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