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TodayThursday, April 30, 2026

COVID-19 Impact on Private Sector- Page 5

Tugende has enabled over 30,000 customers, mainly the youth, in Uganda and Kenya to own income generating assets, mainly motorcycles. The company has since grown beyond motorcycles into new types of asset products--like cars and retail shop equipment, remains true to their core focus: enabling driven entrepreneurs to own their futures.

COVID-19: Asset financing firm Tugende cushions clients with over UGX575 million in cash grants; suspends late repayment penalties for 2 months

In one of a kind move, Tugende, a Ugandan social enterprise that provides asset financing to informal sector entrepreneurs and MSMEs, has suspended, for two months, penalties on late repayments for it’s
April 17, 2020
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LEFT RIGHT: Paddy Muramiirah; Crown Beverages CEO, Hon Mary Karooro Okurut, Red Cross’s Robert Kwesiga and Dr. Amos Nzeyi, Crown Beverages’ Chairman. Crown Beverages is one of the leading donors to the campaign, giving out a total of UGX1 billion in cash and kind. To date, individuals and organisations have donated 31 motor vehicles and UGX4.6 billion to Government of Uganda’s efforts to fight Covid-19. This does not include the other items in kind such as food, fuel, medical equipment and water.

HEART OF GOLD: 31 vehicles and UGX4.6 billion donated to government Covid-19 fund

Individuals and organisations have to date donated 31 motor vehicles and UGX4.6 billion to Government of Uganda’s efforts to fight Covid-19. This is in response to President Museveni’s call to the private
April 14, 2020
Dr. Nahabwe Innocent, CEO at BlueCube Limited, incorporating Kagwirawo, Galaxy FM, Bluecube and Club Amnesia. He is also the Managing Director of Howwe.biz and ugziki.ug

How Covid-19 will change our way of life forever

A few years back, one wonderful lady Carol, who I didn’t know personally came out suffering from Cancer. People mobilised by my friend Muhereza Kyamutetera, came together and collected money to send
April 8, 2020
Bank of Uganda faces scrutiny after cancelling the National Payments Switch tender, raising concerns over transparency, influence peddling, and procurement integrity. Allegations of favoritism and government interference spark debate on fair competition and financial sector governance in Uganda.

COVID-19: Uganda’s March business confidence index hits 3-year low

Uganda’s business confidence index for March 2020 has fallen to a 3-year low as the knock-on effects of Covid-19 begin to sink in. According to Bank of Uganda’s Business Tendency Indicators report
April 4, 2020
James Byaruhanga is the General Manager of Raxio Data Centre, Uganda's first privately owned Tier III datacenter. He is also a technology enthusiast.

COVID-19 & BUSINESS CONTINUITY: 7 tips on how to work safe and smart and beat the lockdown

By James Byaruhanga The coronavirus continues to wreak havoc in various industries – not only in Uganda and the region but worldwide. Industries such as tourism, hospitality, logistics, production, technology, sports, and
April 1, 2020
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File illustration picture showing the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign in Frankfurt, September 15, 2014. A Frankfurt court earlier this month instituted a temporary injunction against Uber from offering car-sharing services across Germany. San Francisco-based Uber, which allows users to summon taxi-like services on their smartphones, offers two main services, Uber, its classic low-cost, limousine pick-up service, and Uberpop, a newer ride-sharing service, which connects private drivers to passengers - an established practice in Germany that nonetheless operates in a legal grey area of rules governing commercial transportation. REUTERS/Kai Pfaffenbach/Files (GERMANY - Tags: BUSINESS EMPLOYMENT CRIME LAW TRANSPORT)

COVID-19: Uber suspends services in Kampala indefinitely

Car hailing service, Uber has suspended its services in Uganda following the announcement of a 14-day lockdown in Uganda that went into effect, yesterday, March 31st 2020. The statement released by the
April 1, 2020
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