Ugandan scientists seek integrated approach to tackle killer disease Scientists at the Uganda Virus Research Institute (UVRI) plans to undertake a research on genetically engineered mosquitoes to tackle malaria. Dr. Jonathan Kayondo, the principal investigator Target Malaria Uganda and Senior Research Officer at UVRI had an email interview with The …
Read More »GMO research: Lack of law complicates it
Now scientists plot new law after Museveni sat on old one Kampala, Uganda | ISAAC KHISA | For years Ugandan scientists have been trying to figure out how various crops can be made to respond to numerous challenges – drought, pests and diseases. Dr. Godfrey Asea is one of them. A …
Read More »Oil and gas developments to push Kampala’s prime office rent up
But a shift in occupier preferences towards more flexible lease terms, with shorter rent payment periods could impact occupancy levels at the lower end of the market Kampala, Uganda | ISAAC KHISA | Kampala recorded an increase in prime office occupier demand across various sectors, ranging from agriculture, food and …
Read More »Invest in productive sectors, experts tell government
Public debt increased by 35% to Shs65trillon as at December 2020 Kampala, Uganda | ISAAC KHISA | Government should prioritise financing human capital development programs amidst projected revenue shortfalls due to COVID-19 lockdown, experts say. Experts also say, amidst these tough times, the government should also keenly scrutinize loan proposals …
Read More »Banks post third profit decline in 10 years
Several potential vulnerabilities remain related to the pace of the economic recovery and its effect on the income and loan repayment capacity of firms and households Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks recorded the third drop in full year profits in 10 years weighed down by increased …
Read More »Insurance sector records slow growth in premiums
IRA hopes that 2021 will be a better year compared with last year amidst the new wave of coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Enhanced distribution and sustainable growth in the uptake of medical and life insurance policies helped Uganda’s insurance industry to record a 9% growth in …
Read More »KCB Uganda to handle Airtel Money cash
The partnership will enable customers borrow mobile loans for as low as Shs300 and earn interest on savings for as high 9%, respectively Kampala, Uganda | ISAAC KHISA | Telecom operator, Airtel Uganda, has appointed KCB Uganda as a trust account holder for its mobile financial services Airtel Money in …
Read More »Rubis Energie to invest US$25m in network expansion
French multinational, Rubis Energie plans to invest up to US$25million in rebranding of newly acquired Kenol Kobil and delta fuel stations countrywide. The money will be invested over a three to four years period based on demand for their products. Kampala, Uganda | ISAAC KHISA | “… we will continue …
Read More »COVID-19 slashes Uganda’s tourism earnings by 72%
The sector is showing signs of recovery as tourists starts to arrive in the country amid the pandemic Kampala, Uganda | ISAAC KHISA | Uganda’s foreign exchange earnings from tourists’ arrivals fell 72.7% to US$440 million in 2020 highlighting the adverse effects of coronavirus pandemic on the country’s tourism …
Read More »Airtel Uganda set to invest in treasury bills, bonds
Telecom firm, Airtel Uganda, could soon start investing customers’ savings in the government’s treasury bills and bonds upon receiving a license from Bank of Uganda in fulfillment of the National Payment Systems (NPS) Act, 2020. Kampala, Uganda | ISAAC KHISA | Manoj Murali, the Airtel Uganda managing director, said the …
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