Coronavirus
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Coronavirus profiteers: Protecting Africa from vulture funds
Some $117 billion of Sub-Saharan African countries’ roughly $150n in long-term debt to private creditors is in the form of bonds, with debtor countries owing the bondholders about $8bn per year. But markets are clearly not confident that these countries will meet their obligations
Lockdown update: Easing to begin next week
President Museveni said Tuesday that the lockdown easing he announced yesterday will not come into effect until a week later, after the health ministry issues guidelines on the face masks required to go out in public
Museveni lifts lockdown — or did he?
Going into President Museveni's 18th speech on the Covid-19 pandemic, there was wide expectation that he would announce a relaxation of lockdown measures instituted in March and April
Monitor Publications cuts pay as Vision Group lays off staff
Monitor Publications Limited, part of the Nation Media Group, became the latest media company to cut salaries of its employees in response to a decline in revenue caused by the coronavirus outbreak
How to protect Covid-19 response funds from looters
According to the United Nations Office on Drugs and Crime, up to 25% of global procurement funding is lost to corruption. With billions of dollars flowing into African countries to support their Covid-19 responses, there is an urgent need to ensure that the money goes where it is intended
The army and violence: handling of coronavirus crisis hints at change
In recent months Uganda’s army has shown professionalism and discipline in dealing with a number of crises, including a desert locust invasion and a national electricity outage. The inter-agency COVID-19 taskforce is led by the army, although it was set up expressly to support the health ministry
Uganda receives IMF loan to stave off coronavirus impact
The International Monetary Fund said on Wednesday that it had approved a $419.5m (Shs1.6 trillion) loan to Uganda to help combat the economic fallout of the Covid-19 coronavirus pandemic
Coronavirus: NIC Holdings postpones results
NIC Holdings has said it is postponing the release of its 2019 results due to delays caused by the lockdown instituted to control the spread of the Covid-19 coronavirus
Coronavirus causes companies to postpone AGMs, dividend payments
Six companies listed on the Uganda Securities Exchange have postponed their annual general meetings due to the coronavirus outbreak, the bourse said in a statement
Business activity shrinks at fastest rate on record in April
Business activity in Uganda's private sector shrunk at the fastest pace on record in April, according to a survey, playing up the economic impact of the lockdown instituted to check the spread of the coronavirus and the global Covid-19 pandemic








