It is a public secret that COVID-19 pandemic is having far reaching effects on companies across the world. However, it has hit hard newspapers due to lockdowns that have resulted into unprecedented reduction in copy sales and advertising. In Uganda, the Vision Group, the leading media house has stopped printing
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Poor Kenyans have had to rely on food donations during the pandemic Kenyans online are outraged after the ministry of health spent huge sums on tea, snacks and mobile phone airtime for its staff in the battle against coronavirus pandemic. Some 4m Kenyan shillings ($37,000; £30,000) has been spent on
Read MoreWhen you hit your 30s, you get halfway to retirement, and your responsibilities pile on. As a result, you cannot afford to make the same mistakes you made in your 20s, lest you set yourself up for some tough years ahead. Here are seven principles to adopt for better financial
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A number of MPs are not happy with President Yoweri Museveni’s comments on Shs10bn Parliament allocated to itself, with each MP given Shs20m to ostensibly fight COVID-19 in their constituencies. The Shs10bn is part of the Shs304bn supplementary budget to fight the Covid-19 pandemic. In his address about COVID-19
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The number of Covid-19 cases in Tanzania on Wednesday jumped to 480 after 196 more people tested positive. The figures included those announced by Zanzibar's Health minister. Making the announcement, Tanzanian Prime Minister Kassim Majaliwa said the country had also registered six more deaths, bringing the total number of fatalities
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Jumia operates in 11 African states including Uganda A year after its much heralded debut on the New York Stock Exchange, e-commerce start-up Jumia has shut down in three African states, struggled to turn a profit and got dumped by its original owners, writes former BBC Africa Business editor Larry
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Trading taking place at Uganda Securities Exchange (USE) The majority of the world’s wealthiest investors are waiting for stocks to drop further before buying again, on concerns about the pandemic’s impact on the global economy, according to a poll by UBS Global Wealth Management. Among the surveyed investors and business
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Heavy-goods vehicles have been queuing on the Kenya-Uganda border due to slow coronavirus tests Ugandan President Yoweri Museveni has announced new measures to control the spread of the coronavirus by lorry drivers after more than 20 entering the country from Kenya tested positive. The drivers won't be allowed to carry
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Nigerian President Muhammadu Buhari. FILE PHOTO | AFP The Executive Board of the International Monetary Fund (IMF) approved Nigeria’s request for emergency financial assistance of SDR 2,454.5 million (US$ 3.4 billion, 100 percent of quota) under the Rapid Financing Instrument (RFI) to meet the urgent balance of payment needs stemming
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Eng. Irene Kaggwa Ssewankambo, the UCC Acting Executive-Director As many Ugandans continue to stay and work at home following the COVID-19 imposed lockdown, there is increased demand for Internet connectivity to facilitate work, business or keeping in touch with loved ones. However, data bundle usage remains a mystery to many
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