Breaking

Archive

Mar 2020 7 results
19:33
19:33

Dr Adam Mugume Appointed Acting Deputy BOU Governor

Mugume will carryout duties that were being done by Dr Louis Kasekende, whose contract expired in January and was not renewed. Mugume who has been working as the executive director for research, previously headed the modeling division between 2007 and 2010. He holds a PhD from Oxford University, UK, and a master’s degree in economics from the University of Botswana.
17:17
17:17

BOU Orders Banks to Suspend Bonus, Dividend Payments covid-19 1

Also, in another circular on Friday, BOU allowed banks' request to work from 9:00am to 3pm on weekdays and close branches on weekends.
16:24
16:24

COVID - 19: Uganda’s Medical Interns Unable to Travel to Hospitals 2 1

At Mubende Hospital, a total of 35 medical interns (including Doctors, Nurses and Pharmacists have been affected by lack of transport means. The interns body says they stay far from the hospital and have been unable to report to their duty stations due to the ban of public transport.
13:21
13:21

Apac Suspends Operation of Microfinance Institutions Brac Uganda Limited 3

It has been realized that most small businesses had been operating on loans secured from micro finance and money lending institutions within their localities. They are supposed to be remitting payments back to the institutions who had given money whether the business is running or not.
13:10
13:10

Moroto Residents Opt to Trek Distances in the Absence of Public Transport passengers 3

There are no vehicles, in the taxi parks, yet even then, scores of travelers are seeking for transport means to move from one place, to another. But the heavy military presence in the area, has frightened even those, who would defy the presidential directive. The entire town is now soundless.
11:37
11:37

G20 Leaders Announce USD 5 Trillion Kitty to Help in Covid-19 Responses 1 Top story

In the communique last night, the leaders said “we consider that consolidating Africa's health defense is a key for the resilience of global health.” This means part of that money pledged will be spent in poorer countries to strengthen capacity to deal with the virus.
09:54
09:54

Global Investment Flows to Drop 40% as Coronavirus Spreads

Initial projections were based on data limited to February and expectations that East Asia would bear the brunt of the immediate economic impact - but with the virus spreading worldwide and with many countries in lockdown mode, a far greater shock on supply and demand looks inevitable, it said.
Mar 2020 7 results