Kampala, Uganda | THE INDEPENDENT | Members of Parliament want some sectors of the economy still under lockdown to re-open. They argue that the sectors are prepared to meet the standard operating procedures and adhere to the COVID-19 guidelines. Ever since the economy was locked in March 2020, some sectors …
Read More »Business confidence surges after ease in lockdown restrictions
Kampala, Uganda | THE INDEPENDENT | Confidence in the country’s business activities surged in July with business owners experiencing more demand for their goods after the country lifted much of the coronavirus restrictions, a survey has said. The Purchasing Managers’ Index (PMI) published monthly by Stanbic bank recorded a 50.3 …
Read More »African banks adopt robust measures against lockdown losses
African banks, including central banks, have been quick to appraise the situation in the wake of the lockdowns induced by Covid-19 and most have put mitigating measures in place. These, writes Neil Ford, will go a long way to reducing the impact of the inevitable loss of business across the board. | …
Read More »More children likely to suffer from malnutrition
Kampala, Uganda | THE INDEPENDENT | More children under the age of five are likely to suffer from wasting and become dangerously undernourished. Wasting is a life-threatening form of malnutrition which makes children too thin and weak and puts them at greater risk of dying poor due to growth, development, …
Read More »Ugandans hold UGX 8.5 trillion in fixed deposits– BoU
Kampala, Uganda | THE INDEPENDENT | Ugandans have stashed record amounts of cash in banks, an indicator Ugandans feared to spend their money with the coronavirus uncertainty still hovering around. Bank of Uganda data shows that in May 2020, the amount of money Ugandans have in banks as term deposits reached …
Read More »Private school teachers in Mukono opt for casual jobs for survival
Mukono, Uganda | THE INDEPENDENT | Several private school teachers in Mukono district have resorted to casual and labor intensive jobs to support their families following continued uncertainty on the reopening of schools. The uncertainty started with the closure of educational institutions in March, as the government devised means to contain …
Read More »Issuance of passports, work permits resumes at immigration offices
Kampala, Uganda | THE INDEPENDENT | The directorate of immigration has resumed the issuance of work permits and passports after a four months break occasioned by an outbreak of coronavirus disease. State Minister for Internal Affairs Mario Obiga Kania says that 30 percent of the operations that resumed today will …
Read More »Student leaders want government to declare 2020 dead year
Kampala, Uganda | THE INDEPENDENT | The leadership of Uganda Secondary School Prefect’s Association-USSPA wants government to declare the 2020 academic year, dead for all. According to USSPA, opening school for candidate classes will be unfair to the rest of the learners. The student leaders also say that the e-learning …
Read More »Headteachers protest request to return second term funds to gov’t
Kampala, Uganda | THE INDEPENDENT | Headteachers in government-aided learning institutions are up in arms over the decision by the Ministry of Finance asking them to return funds they had received for the second term in the fourth quarter of the 2019/2020 financial year. On July 22, Keith Muhakanizi, the …
Read More »Banks resume full operations after lift on lockdown
Kampala, Uganda | THE INDEPENDENT | Several commercial banks have announced resumption of full operations after the COVID-19 lockdown was lifted on most business activities across the country. Tropical bank, Stanbic Bank, and Centenary Bank have written a note to customers that their doors will be open between 8:30am and …
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