Despite a 17 percent growth in revenues, the National Social Security Fund (NSSF) has warned, it is unlikely to pay members a double-digit interest rate due to the impact on…
Billionaire founder and Chairman of the Ruparelia Group, Dr. Sudhir Ruparelia has urged Ugandans to continue strict observance of the government guidelines on COVID-19, saying that in the interim, this…
The amount of money where borrowers have not made any payments for at least three months grew by 15 per cent to UGX783 billion between January and March 2020, the…
The World Bank Board of Directors, yesterday, June 29th 2020 approved a $300 million (UGX1.1 trillion) budget support loan request by Uganda to boost the “Government’s capacity to prevent, detect…
Reduced intra and foreign trade as well as travel restrictions imposed by government to contain the spread of the Covid-19 causing coronavirus has badly hit telecom companies in Uganda. According…
62.3 percent of Ugandan business are considering or have already started cutting jobs as a result of Covid-19, a trend that could render up to 100,000 Ugandans jobless in the…
The Uganda government has moved to ease down on a number of travel and business-opening restrictions, but President Museveni insists all these moves are dependent on the availability of government…
The immediate implications of COVID-19 do not need to be recounted to an adult who is in control of their faculties. We have all been devastated in all kinds of…
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