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
Read More
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
Read More
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
Read More
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of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has withdrawn its recommendation of a Ksh. 9.5 billion (UShs336bn) dividend payout to its shareholders.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
Read More
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
Read More
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
Read More
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
Read More
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.
Read More
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
Read More
Business Cheers Ramaphosa’s Plan To Reopen South African Economy South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially. An additional 8 million people will be allowed to return to work when
Read More
