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TodayWednesday, April 29, 2026

COVID-19 Impact on Private Sector- Page 4

Kenneth Kitungulu, Stanbic Bank Uganda Head of Global Markets. He notes that the steady improvement in business conditions is due to fewer restrictions on business activities throughout the country compared to previous months

May Stanbic PMI: Business sentiment recovers but remains below 50

The downturn in the Ugandan private sector as a result of coronavirus disease (COVID-19) continued in May, with further reductions in output, new orders and employment registered. One the other hand, business
June 11, 2020
President Museveni (in hat) is joined by businessman Patrick Bitature (left) and investment Minister, Hon, Evelyn Anite at the launch of the mask-making Lida Packaging Products Limited in Mbalala, Mukono District. This company has a production capacity of 560,000 masks per day and is currently employing 315 Ugandan youth with more expected.

Gov’t to inject UGX1 trillion into Uganda Development Bank- Yoweri Museveni

President Yoweri Museveni has said that UGX1 trillion of the UGX1.9 trillion loan obtained from the International Monetary Fund (IMF) will be injected in the Uganda Development Bank (UDB), to enhance the
May 27, 2020
Dr. Mugume the Acting Deputy Governor has laid out 29 very clear guidelines, laying out both lenders and borrowers' rights, obligations and responsibilities.

BOU’S DR. ADAM MUGUME: The 29 things lenders and borrowers must know about BoU’s credit relief measures

1. What does Credit Relief mean? It is a re-organisation of a debt obligation through concessions or accommodations that provide borrowers with some form of relief in how and/or when they meet
May 26, 2020
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A largely empty Kampala Street. Uganda is implementing a 6-week phased lockdown of businesses. Interviewed business owners/leaders want the lockdown to end and government to intervene in saving up to 4.4 million jobs

UN and Makerere report says 100,000 formal sector and 4,400,000 informal sector jobs to be lost to Covid-19

62.3 percent of Ugandan business are considering or have already started cutting jobs as a result of Covid-19, a trend that could render up to 100,000 Ugandans jobless in the formal sector
May 22, 2020
Coca-Cola staff enjoy a light moment in their shared accommodation space. Coca Cola Beverages Africa, Uganda has provided encampment facilities at their two plants in Namanve, Kampala and Mbarara. The camps are have been fitted with proper sanitation and safety facilities, beds and beddings and entertainment areas- all in line with COVID-19 Standard Operating Procedures.

How manufacturers are braving the Covid-19 lockdown to keep the economy running; the case of Coca-Cola in Uganda

Away from the loss of thousands of lives and the devastating impact on healthcare systems all over the world, the other victim of Covid-19 has been the global economy. The disruptive nature
May 14, 2020
LEFT-RIGHT: Hon. Robinah Nabbanja, Uganda’s Health State Minister, General Duties; Hon. Mary Karooro Okurut, the Minister in Charge of General Duties in the Office of the Prime Minister; Mr Santosh Gumte, Kansai Plascon Managing Director, Mr Tyron Immelmann, the Kansai Plascon Marketing Manager and Dr. Ian Clarke, a member of the Covid-19 Response Fund at the handover of the UGX50m relief package

Kansai Plascon donates 19 tonnes of soap, worth UGX 50 million to Covid-19 taskforce

Kansai Plascon Uganda Limited, Uganda’s largest paint company has donated 19,360 kilograms of soap valued at UGX50,000,000 to the government of Uganda’s anti-Covid-19 taskforce. Company officials; Mr. Santosh Gumte and Mr. Tyron
April 23, 2020
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