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Coronavirus

Three-dimensional renditions of three respiratory viruses: (left: SARS-CoV-2; centre: RSV; right: influenza virus).
Disease control and prevention

Pandemic treaty deadline nears as disputes over pathogen-sharing rules persist

Disputes over pathogen-sharing rules risk delaying the WHO pandemic treaty ahead of a May 2026 deadline
An overcrowded refugee boat capsizes in the Mediterranean Sea. The current economic and political situation in Africa has already fuelled a sharp rise in migration. Last September (2023), the UN High Commissioner for Refugees reported that more than 2,500 people had died or gone missing while trying to cross the Mediterranean to Europe in the first nine months of 2023, with many more perishing before they reached the coast. During that same period, 130,000 migrants, many departing from Tunisia or Libya, landed in Italy. These numbers will increase sharply if Africa’s population growth is not coupled with improving economic conditions. Worryingly, the International Monetary Fund’s current forecasts suggest GDP growth of around 4 per cent in Sub-Saharan Africa for the next two years – well below long-term trends. The current influx of mass migration to European countries such as Italy, Spain, and Greece may be only the beginning.

Africa needs a grand revival plan from the West and China

Africa's crises have fuelled a surge in migration to Europe unlikely to abate soon unless rapid population growth is matched by improving economic conditions
Storm clouds gathering over Accra, Ghana. Nineteen African countries, including Ghana and Zambia, are already in debt distress (meaning they are unable to meet financial obligations) or at high risk of debt distress. Ghana’s public debt has more than doubled since 2012 and amounts to 85 per cent of GDP. Zambia’s went up much higher and stood at 98 per cent as of 2022. Both Ghana and Zambia, along with Ethiopia, have defaulted on their foreign debt, sparking fears about a broader sovereign debt crisis on the continent if more countries fall into debt distress.

Fixes for Africa’s exploding debt and collapsing currencies

Highly indebted African countries face stark trade-offs between servicing expensive debt, supporting growing development needs, and stabilising domestic currencies
Learners in Port Harcourt, Nigeria

Uganda’s prolonged closure of schools: the impact is deep and uneven

To understand how the prolonged closure of schools affected the lives of adolescents in Uganda we conducted interviews with 36 young people and predominantly from a low socio-economic status

The World Bank and IMF are using flawed logic in their quest to do away with the informal sector

Recent reports by the World Bank and the IMF claim, wrongly, that informal economies undermine efforts to boost tax income and economic growth
Containers at Mombasa Port in Kenya

Central bank keeps rate unchanged, flags volatile economic and financial conditions

The Bank of Uganda kept its key policy rate unchanged to provide more economic stimulus amidst volatile demand, sluggish private sector borrowing, and the effects of coronavirus restrictions to key sectors
Silhouette of people standing on a hill

Covid-19 pandemic reminds us that Africa must invest in human capital

It is human capital that will provide the strongest cushion in future crises, especially those that overwhelm social safety nets
An industrial storage area

Business recovery from Covid-19 and election uncertainty continues apace

Private sector activity gauge rises for the third straight month in April, jumping to its highest level in 15 months
Covid-19 testing centre in India

India’s Covid crisis is bad news for the world economy

India’s second coronavirus wave has had a devastating impact, with over 300,000 new cases and 3,000 deaths each day

More Coronavirus

27 April 2021

Baroda bucks banking sector trend with strong 2020 earnings

The bank kept bad loans and operating expenses in check while posting gains in trading securities

21 April 2021

Absa Uganda takes earnings hit from loan-loss provisions

Absa reported a decline in full-year profits, its second in three years, on the back of higher loan-loss charges

An office of Absa Bank in Johannesburg
14 April 2021

Bank of Uganda holds rates, warns of rising public debt

Central bank maintains key interest rate at record low, noting gradual but subdued economic growth and favourable inflation outlook

The offices of the Ministry of Finance in Kampala.
13 April 2021

How to deal with rich countries hoarding Covid-19 vaccines

Global initiative aiming to deliver 2 billion doses to mostly low-income countries by the end of 2021 is threatened by chronic under-investment, vaccine nationalism, and export restrictions by rich countries

Two masked health workers
1 April 2021

Informal sector: time to pay attention to tomorrow’s biggest employer

Decision makers seem oblivious to the fact that most young people will be employed in the informal sector

Students in an introductory programming class at Outbox, an incubator, innovation lab and co-working space in Kampala
30 March 2021

Uganda’s economy shrinks for the first time in decades in 2020

Uganda’s economy shrank in 2020 for the first time in more than a decade as measures to control the coronavirus pandemic ground several sectors to a halt, figures published on Monday showed

Largely empty street in Kampala
25 March 2021

Nation Media Group to slash staff in major restructuring

Nation Media Group Uganda, the media company, plans to dismiss staff as part of a restructuring seeking to "accelerate our digital transformation" and in response to effects of the Covid-19 pandemic

A newsroom
25 March 2021

India is counting on medical diplomacy to build influence in Africa

India has stepped up its global ambitions and foreign policy re-engagement with African countries in recent years. Its

Group of public officials
24 March 2021

The stark choices facing Tanzania’s new president

The sudden death of Tanzania’s President John Pombe Magufuli has thrown the East African nation into a period

Tanzania's President Samia Suluhu Hassan addressing a large public event
23 March 2021

Umeme profits slide on suspension of free connections

Power distributor Umeme Limited on Tuesday blamed a "challenging operating and regulatory environment" for the sharp fall in 2020 profits

Electricity pylons