Business activity in Uganda dropped for the first time in seven months in January due to the election period, with companies experiencing a slump in new orders and a decline in activity, according to a key survey
The World Bank Group said on Tuesday that its board had approved $300m in budget support for the Uganda government to boost its fight against the coronavirus and to support the economy
Despite its large refugee population, none of Uganda’s 139 confirmed cases of Covid-19 (as of May 14, 2020) occurred within refugee settlements, a testament to the country’s humane, sustainable, and forward-looking policies
The World Bank said on Thursday its board approved a low-interest loan to support Uganda’s desert locus response and strengthen its emergency response systems
Some $117 billion of Sub-Saharan African countries’ roughly $150n in long-term debt to private creditors is in the form of bonds, with debtor countries owing the bondholders about $8bn per year. But markets are clearly not confident that these countries will meet their obligations
President Museveni said Tuesday that the lockdown easing he announced yesterday will not come into effect until a week later, after the health ministry issues guidelines on the face masks required to go out in public
Going into President Museveni’s 18th speech on the Covid-19 pandemic, there was wide expectation that he would announce a relaxation of lockdown measures instituted in March and April
According to the United Nations Office on Drugs and Crime, up to 25% of global procurement funding is lost to corruption. With billions of dollars flowing into African countries to support their Covid-19 responses, there is an urgent need to ensure that the money goes where it is intended