corona virus disease (COVID-19) Archives

Even though Europe and the United States are some of the worst hit places by Covid-19, the US and EU missions in Uganda are coordinating a last-flight-out for interested nationals.

LAST FLIGHT OUT: European Union to assist nationals fly out of Uganda over Covid-19

The European Union Delegation in Uganda is providing consular support to nationals of its member countries to assist them to return home, should they wish to do so. CEO East Africa has

April 3, 2020

The Big Story

Emily Gakiza (left) and Timothy J. Mutungi (right) are Partner and Senior Associate respectively in the banking and finance practice at Ortus Advocates.

LEGAL ADVICE: What is the possible impact of COVID-19 (Corona Virus) on your contractual obligations?

By Emily Gakiza and Timothy J. Mutungi COVID-19’s potential economic danger is much stronger than its health risk to the public. China is the world’s largest exporter and is responsible for a

March 31, 2020

Thought Leadership

Covid-19 related travel restrictions, has reduced occupancy at Sheraton Kampala Hotel down to 3% forcing the hotel to send on paid leave most of their employees. The hotel however says it does not envisage staff terminations in the near future.

COVID-19: Sheraton and Hotel Africana severely hit by Covid-19; send most staff home

Sheraton Kampala Hotel one of Kampala’s top hotels has sent down most of its staff on paid leave as Covid-19 related restrictions have severely diminished business at the hotel. In an interview

March 29, 2020

Company News·The Big Story

Ruparelia Group’s 2-in-1 Speke Resort and Conference Centre and Speke Resort and Conference Centre will be closed down effective tomorrow, MArch 27th till the coronavirus effects end

COVID-19: Speke Resort and Commonwealth Munyonyo Close Down; several other hotels said to be fully or partially closed

As the knock-on effects of the deadly COVID-19 begin to bite deep, the Ruparelia Group is closing down its two flagship hotels- Speke Resort and Conference Centre, Munyonyo Commonwealth Resort effective tomorrow,

March 26, 2020

The Big Story

Cancelled bookings, empty rooms and ballooning overheads: Uganda’s tourism sector counts COVID-19 costs- and it’s just the start

Although Uganda had as of March 15, 2020, not yet registered a single case of the deadly COVID-19 top five Kampala hotels had registered a loss of an estimated USD 2,089,129 in

March 25, 2020

The Big Story

“We shall cancel your trade licenses,” President Museveni warns traders hiking prices over COVID-19

A day after Uganda confirmed eight new COVID-19 cases, bringing the total confirmed cases to nine, President Yoweri Kaguta Museveni has assured Ugandans that the situation is still manageable if only the

March 24, 2020

The Big Story

Robert Kabushenga, Judy R. Kyanda and Barbara Mulwana picked to spearhead private sector COVID-19 response

Dr. Jane Ruth Aceng, the Ugandan Minister of Health, has appointed a number of prominent business leaders to spearhead a private sector response against the Coronavirus Disease (COVID-19). Details of their terms

March 23, 2020

Company News·The Big Story

Amos Nzeyi, is a Ugandan businessman, entrepreneur, and industrialist. He is the Executive Chairman for Crown Beverages Ltd and former Chairman, Uganda Manufacturers Association

COVID-19 ECONOMIC EFFECTS ON UGANDA: An open letter to president Museveni from businessman, Amos Nzeyi

First of all, I would like to thank you and your cabinet- for the courageous leadership thus far- especially the decisions announced on March 18th 2020 which among others include the decision

March 21, 2020

The Big Story·Thought Leadership

Bank of Uganda Governor, Tumusiime Mutebile has today cut the Central Bank rate to a record low 8% and reiterated a raft of measures to bail-out liquidity stressed financial institutions. Banks have also been given headroom to restructure loans on a case-by-case basis

Bank of Uganda to support banks against COVID-19 related complications; should they occur

A day after the ministry of finance warned that COVID-19 related complications could borrowers from trade, tourism, transportation, and construction sectors experience difficulties in repayments, thus worsening banking industry non-performing loans from

March 20, 2020

Banking & Financial Services·The Big Story

Uganda's Finance Minister, Hon. Matia Kasaija

COVID-19 ECONOMIC IMPACT ON UGANDA: Key figures you must know

Today, the government of Uganda released its first estimates of how deep COVID-19 could hurt Uganda’s economy. The figures released by Uganda’s Finance Minister, Matia Kasaija are based on two scenarios- namely;

March 19, 2020

The Big Story