By Bob Twinomugisha Over the last two years, the COVID-19 pandemic impacted businesses on national and global scale. Governments in many developing countries introduced severe containment measures, involving restrictions on economic activity and mobility, to curb the spread of COVID-19. In Uganda, public transport and non-essential businesses were closed during
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No Action Is Not An Option For Climate Change: Is Green Financing The Way To Go?
By Pius Wamala Alongside social inequalities, environmental degradation, and economic stress, the World Economic Forum presents climate change as one of the greatest threats to humanity in the present times. Recently, the Intergovernmental Panel on Climate Change (IPCC) released a Special Report on Global Warming which indicted that of the 1.5°C rise in Global Warming,
Read MoreBy Cathy Smith, Managing Director at SAP Africa Is a dysfunctional relationship with technology keeping us from harnessing tech for the greater good? Having worked in the tech industry for over 30 years, I still get goosebumps when I consider the positive potential of technology on our continent.
Read MoreBy Hardeep Sound, Regional Sales Director: East Africa at SAP As East Africa opens its economy following two years of pandemic-related disruption, the region needs to prioritise digitisation and innovation. This can help countries across the region boost their recovery and establish stronger foundations for continued growth and advancement
Read MoreUganda Airlines Set To Rollout Self-Handling Project, To Save Shs905m Monthly
Self-handling will enable Uganda Airlines cut 60% of its operating costs Uganda Airlines is set to roll-out its Self-Handling Project before the first Quarter of 2022 ends. The revelation was made by Shakila Rahim Lamar, the Corporate Affairs & Public Relations Manager at Uganda Airlines in a recent interview. “This
Read MoreUganda exported coffee to Russia worth US$ 4.3 million in 2020 Russia's military operation in Ukraine entered the 12th day Monday, with no clear view of when the conflict will end or any possible change in direction. This uncertainty increases the impact of the war on the already disrupted
Read MoreWim Vanhelleputte, CEO of MTN Uganda MTN Uganda Limited (MTN Uganda) today announced its audited results for the financial year ended 31st December 2021, indicating that the company registered impressive growth. According to the results obtained by Business Focus, MTN Uganda recorded a net profit of Shs340.41 billion in 2021, up
Read MoreNew Survey Reports Further Improvement In Uganda’s Business Conditions, Rise In Private Sector Activity
Ronald Muyanja, the Head of Trading at Stanbic Bank Uganda A return to normality in the Ugandan economy helped lead to a further improvement in business conditions in the private sector during February, according to the Stanbic Bank sponsored Purchase Managers Index produced by IHS Markit. According to the index,
Read MoreTanzanian President Samia Suluhu Hassan Tanzania’s risk of debt distress has worsened from low to moderate, the World Bank has said. According to a survey conducted in September 2021, the risk has been exacerbated by the poor performance of the tourism sector due to Covid-19 concerns. Tanzania lost business after
Read MoreBy Patrick Anam Recently, Uganda quit the International Coffee Organisation (ICO) for two years. Uganda’s decision to withdraw was based on what it claims are terms favouring coffee importers over producers. But was Uganda right to do this? The ICO has been in place since 1963 – a year after
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