The Uganda Shilling closed the week steady riding on the positive sentiment generated by the news of IMF disbursement of Shs1.8 trillion designed to assist the country deal with the economic effects of COVID 19. Trading was in the range of 3795/3805 during the week ending May08, 2020. In the
Read MoreFeatured
Home > Featured (Page 23)
The Executive Board of the International Monetary Fund (IMF) Wednesday approved a disbursement of SDR361 million (about US$491.5 million or Shs1.86 trillion) for Uganda under the Rapid Credit Facility (RCF). It will help finance the health, social protection and macroeconomic stabilization measures meet the urgent balance-of-payments and fiscal needs arising
Read MoreUCC donated an assortment of Personal Protective Equipment (PPE) to the national COVID-19 response effort The Uganda Communications Commission (UCC) Acting Executive Director Eng. Irene Kaggwa Sewankambo has applauded the various players in the communications sector for the various interventions towards the fight against COVID-19. “Broadcasters are supporting the information
Read More
FeaturedNews
Parliament Passes Motion Expressing Displeasure To Museveni Over Shs10bn COVID-19 Money
The fight between the Legislature and the Executive deepened on Thursday afternoon when Parliament considered and passed a motion seeking to express displeasure on what MPs call disparaging statement against Parliament by President Yoweri Museveni who blasted Parliament for using the COVID-19 crisis to award each MP Shs20m to ostensibly
Read MoreFloods and landslides in Kenya have killed nearly 200 people since heavy rain began last month across much of the country. Another 100,000 people have been displaced. A statement from the presidency said thousands of hectares of crops had been swept away. The rain is expected to continue for weeks.
Read MoreMembers of Parliament call for review of the learner’s programme developed by the Ministry of Education to keep learners engaged during the COVID19 lock down.In her communication during the plenary sitting on 06 May 2020, Speaker Rebecca Kadaga (pictured) said that the programme currently broadcast on only UBC radio and
Read MoreThe Executive Board of the International Monetary Fund (IMF) Wednesday approved the disbursement of SDR542.8 million (100 percent of quota, about US$739 million) to be drawn under the Rapid Credit Facility (RCF). This will help to meet Kenya’s urgent balance of payments need stemming from the outbreak of the COVID-19
Read MoreProf. Peter Waiswa (pictured), a medical doctor working at Makerere University School of Public Health has been appointed to the World Health Organisation Advisory group. His appointment has further elevated Makerere University's influence on global health after the University acquired permission from Ministry of Health to carry out Coronovirus tests.
Read MoreThe Executive Board of the International Monetary Fund (IMF) approved Wednesday a disbursement of SDR361 million (about US$491.5 million or Shs1.86 trillion) for Uganda under the Rapid Credit Facility (RCF). It will help finance the health, social protection and macroeconomic stabilization measures meet the urgent balance-of-payments and fiscal needs arising
Read MoreBY LETITIA OUKO The coronavirus outbreak is no longer a distant threat to the African continent but a reality as more countries confirm new cases daily. As the virus continues to spread across the globe, countries in Africa are taking preventive measures to reduce the negative impact on their economies.
Read More