The COVID-19 Pandemic may affect the world more than the Great Depression or World War II did. We may be headed for another version of Global shutdown like the Great Depression. The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across…
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Dr. Sreenivasa Raju Kalidindi, CEO and Medical Director, Apollo Radiology International, India and Group Lead for Radiology Innovation, Apollo Hospitals Group, India made the following statements about how Artificial Intelligence (AI) is being used to fight against the Coronavirus. “The current coronavirus epidemic is the first big global test of the power of AI and related technologies. Several countries and…
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Government needs to devise means of protecting the economy from crumbling as a result of the temporary shutdown of key businesses because of the corona virus. Makerere University Business School-MUBS Economics Lecturer and Policy Analyst, Ramathan Ggoobi says the Coronavirus (COVID-19), which has since been declared a pandemic is economically contagious and has attacked all sectors of the economy at…
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MTN CEO, Wim Vanhelleputte held an online press conference and issued a statement about MTN’s support for the fight against Coronavirus. He started by applauding the government for the swift response towards the Coronavirus pandemic and assured that MTN is fully committed to supporting in the cause and that they had put some offers. For 30-days, customers can send up…
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In a statement by the Airtel Uganda Managing Director, VG Somasekhar the move is aimed at supporting efforts to control the spread of the deadly coronavirus pandemic by promoting conversion of physical cash to digital or electronic transactions. “As part of the support, effective March 20, 2020, all on-net person to person transactions will be free for 30 days for…
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MTN Uganda, announced on Thursday that they would be joining the rest of the country in the fight against the spread of COVID-19 by easing charges on select Mobile money transactions and data bundles. Mobile money transfers below UGX 30,000 will not be taxed for a period of 30 days. This is in a bid to combat the spread of…
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The Minister of Finance, Matia Kasaija has noted that the country’s economic growth projections in FY2019/2020 has been revised downwards from 6.0 percent to between 5.2 5.7 percent depending on the severity of the COVID-19 impact on Uganda. While addressing Parliament on Thursday, the Minister noted that the country’s revenue collections will register an additional shortfall of about Shs82.4 billion…
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By: Alexander Kyokwijuka Starting out in business can be such an exciting experience for any entrepreneur because they are following their passion to realize their numerous dreams. That said, it can also be such a hustle especially if you are operating in an environment like ours (here in Uganda) where the cost of doing business is fairly harsh for…
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In the wake of Coronavirus, we have seen the government and the MOH come out to give guidelines we should follow to protect ourselves and the people around us from the deadly infection. We have also learned from health professionals that the virus stays on hard surfaces for a long time (hours-days). Among the hard surfaces includes our mobile phones…
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NITA-U issued an advisory for all Ugandan companies that will be working from home. The advisory includes how the business can prepare for shifting into “Working from home Period” and the guidelines to follow to ensure safety and productivity while working from home. The Advisory is below. A new virus first identified in Wuhan, China in late 2019 has been…
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