Traders under their umbrella body, Kampala City Traders Association (KACITA) have asked government to declare that the three months of COVID-19 induced lockdown a loss to the entire economy so that no rent obligation will be accrued to tenants. The revelation was made by KACITA Spokesperson, Issa Sekito (pictured) today
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By Peter Nyanzi In the 1830s, the British Economist William Forster Lloyd wrote an essay in which he described a phenomenon he called the ‘tragedy of the commons.’ Simply put, if a shared/common resource (for example a lake) is excessively exploited for the benefit of a few people, the benefits
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Testing of the malaria drug hydroxychloroquine as a possible treatment for coronavirus has been halted because of safety fears, the World Health Organization (WHO) says. Trials in several countries are being "temporarily" suspended as a precaution, the agency said on Monday. It comes after a recent medical study suggested the
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The Uganda Police are currently hunting for a driver who reportedly knocked dead one of their own on Tuesday. Innocent Ayesiga, a traffic police officer, was knocked dead by a reckless driver on Tuesday in Seeta. Reports reveal that the driver of a Rav4, motor vehicle number UAS 597U knocked
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The Board of Directors of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has withdrawn its recommendation of a Ksh. 9.5 billion (UShs336bn) dividend payout to its shareholders. The withdrawal of the dividend payout speaks to the Board’s assessment of risk, post balance
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The Health Ministry has announced 10 new COVID-19 cases from samples of May25, 2020. The total COVID-19 confirmed cases are now 222, the Ministry said. For updates and latest info about COVID-19 situation in Uganda, visithttps://bit.ly/2WKANNF “9 new cases are from the Points of Entry while 1 new case is
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The World Health Organization is worried Africa could face a "silent epidemic" if its leaders do not prioritise testing of coronavirus, an official is quoted as saying by Reuters news agency. “My first point for Africa, my first concern, is that a lack of testing is leading to a silent
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Uganda’s Ministry of Education and Sports directed owners of private schools to honour their contractual obligations and pay up staff salaries and not hide behind the Coronovirus pandemic. In a circular sent out to all school owners, the Permanent Secretary, Ministry of Education and Sports, Alex Kakooza (pictured) said the
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Brand Africa Monday announced the 10th anniversary rankings of Brand Africa 100: Africa's Best Brands, the pre-eminent survey and ranking of the Top 100 most admired brands in Africa. The rankings were announced in a novel global virtual event that incorporated the market openings of Kenya, South Africa and Nigeria.
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SelestinoBabungi, the Umeme Managing Director In the last few days, there has been some substantial easing, by government, of some of the lockdown measures that have thus far, protected Uganda from the raging Covid-19. As most Ugandans begin to return to work, they will be happy to find everything running
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