LIVE: State of the Nation Address 2020

President Yoweri Museveni is delivering the State of the Nation Address to Parliament from State House Entebbe, via Zoom. He has started his address by re-emphasizing the importance of the NRM 10-point programme. The Rules of Procedure have been amended to cater for use of conferencing and video technology like Zoom in the circumstances that necessitate it. “Due to the…

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Covid-19: Huawei to host digital transformation online Summit aimed at the financial services sector

Financial institutions have increased financial IT investment, strengthened mobile banking service capabilities, and accelerated innovation to drive digital transformation Huawei Enterprise Business Group (EBG) will host the Huawei Southern Africa FSI Summit online 2020 on May 29th, from 10.00am – 12.00pm, with the theme of “Accelerating Digital Transformation, Enable Business Growth Again”. The online summit will include presentations from Chen…

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Museveni warns employers as Uganda celebrates Labour Day “scientifically”

The 2020 Labour Day celebrations was celebrated “scientifically” according to President Yoweri Kaguta Museveni. Mbarara Municipality was this year’s venue but due to presence of novel coronavirus in the country, the “scientific celebrations” took place at State House Entebbe. Speaking as the guest of honour, Mr Museveni said “laying off workers during this crisis is not a good idea especially…

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Aid has failed. COVID-19 both exposes this and offers the chance for a reset.

BY BOBI WINE & GREG MILLS. Coronavirus has laid bare the failures of aid. Instead of it being wasted or used to prop up big men, it must now serve the people’s interests. COVID-19 has changed the world. Among other things in Africa, it could lead to significant setbacks in the fight against poverty as developed countries turn inwards. The nature…

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Global stocks mostly rise as oil prices suffer another blow

Global stocks mostly rose Tuesday as markets embraced better coronavirus case counts in some hotspots, while oil prices slumped amid skepticism over an historic agreement by petroleum producers. Major US indices gained more than two percent, the latest positive day for stocks since officials in New York and some other hotspots pointed to progress in cutting the number of new…

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Market for eggs tumble as hotels and export markets close

Sellers of eggs in Kampala are stuck with hundreds of trays as the economy shut down due to coronavirus meaning key clients locally and abroad no longer buy. This has seen the price of a tray of eggs fall by at least 2000 shillings to just Uganda shillings 8,000 for the retailer buyers. Those buying in bulk can get a…

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Mbarara Central Market Closed over poor hygiene amidst the Coronavirus Fight

Muhammed Nyombi, the Mbarara Central Market Chairperson says the toilets are outside which puts lives of those that will sleep in the market at risk of contracting more diseases. Mbarara Central Market has temporally been closed by the District Task Force after the vendors failed to maintain the four-meter distance. The District Task Force led by the Resident District Commissioner…

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Broadband Commission pushes to extend internet access and boost capacity

Internet access should be extended to boost the fight against Coronavirus by, among others, enhancing digital networks and strengthening capacity at critical connectivity points like hospitals and transport hubs, the Broadband Commission for Sustainable Development said yesterday. As the virus continues to tear up communities around the world at a fast pace, the Commission has moved swiftly to adopt an…

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Covid-19: CBN orders bank to dishonour cheques

Sequel to the directive of Federal Government of Nigeria to lockdown the nation’s commercial nerve centre, Lagos, its political capital, Abuja and another state, Ogun, for its proximity to Lagos to curb further spread of the lethal virus, coronavirus, the Central Bank of Nigeria (CBN) has directed commercial banks not honour transactions in cheques. A note shared by one of…

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Technology a vital tool to fight Covid-19, says CIPESA

African governments’ strict measures taken to spread the Covid-19 virus has boosted the use of digital technologies, according to the Collaboration on International ICT Policy in East and Southern Africa (CIPESA). These measures include, among others, travel bans, curfews, prohibition of mass gatherings, lockdown and self-isolation, closing of bars and schools. “Various governments have been quick to encourage mobile money…

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