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Lenders are hoping that the general elections will be peaceful so that their businesses return to normal.Like many other sections of the economy, the financial sector is still trying to recover from the effects of the COVID-19 pandemic as the climax of the election season sets in.Businesses, especially small and medium-scale enterprises have expressed fears over what the next few days or weeks might be like, with many anticipating disruptions.Traders are also toning down their activities with some withdrawing their merchandises to safer places, while others have halted the planned delivery and replenishing of their stocks until they are sure…
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City traders are torn between closing their during the election period or staying on to make a little more money amid uncertainties as to how the next few weeks will be. Many are convinced that there will be violence in the city as some people might take advantage of the election events, having gone through chaotic scenes in November last year.Dozens of people were killed and several others injured mostly in Kampala, as security forces tried to quell riots that followed the arrest of two opposition politicians on allegations of violating COVID-19 containment measures. The Kampala Arcades Advocacy Forum, an association of…
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By Paul Mwirigi Muriungi, MCIM MCIPR Elections provide an important opportunity to advance democratization and encourage political liberalization. It is therefore an important time for citizens to decide on the future of their country and communities by voting their preferred political candidates. However, elections also provide a strange moment for businesses and puts brands in a really difficult position. Act or behave in a certain way and your brand can be accused of being out of touch and/or exploiting the election to push your products/services. Therefore, caution needs to be taken because Communicating during elections is akin to walking on…
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Government has in total allocated UGX1.073 trillion to various Ministries, Departments and Agencies (MDAs) involved in the implementation of election related activities in the run up to the January 2021, general election.This is according to the Pre-Election Economic and Fiscal Update released by the Ministry of Finance, Planning and Economic Development.The report, signed by Moses Kaggwa, the Acting Director of Economic Affairs says that the amount required by the various MDAs involved in preparation and conduct of the general election for the electoral roadmap from financial year 2019/2020 to financial year 2021/2022 is UGX1.255 trillion. The biggest share of this…
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