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    COVID-19

    COVID-19 Creates Major Changes in Africa’s Consumers

    CEO ReporterAfricaMay 27, 2020May 27, 2020

    The COVID-19 pandemic has given rise to a new kind of African consumer who is already displaying changes in consumption and purchase behaviour driven by heightened health awareness, a focus…

    COVID-19: Centenary Bank Launches Instant Paperless Account to serve unbanked Ugandans

    CEO ReporterCompany NewsMay 27, 2020May 27, 2020

    In order to serve the unbanked Ugandan population during COVID-19 and beyond, Centenary Bank has launched a paperless bank account opening service dubbed CenteXpress savings account. The launch according to…

    COVID-19: MTN, Airtel re-introduce 50% discount on money transfer charges

    CEO ReporterCompany NewsMay 26, 2020May 26, 2020

    Telecommunications giants MTN Uganda and Airtel Uganda have re-introduced a 50% discount on money transfer charges effective today 26th may 2020. For instance, an MTN Mobile Money customer can now…

    REMAIN VIGILANT: Financial Intelligence Authority issues tips on spotting and avoiding financial crimes during Covid-19 pandemic

    Sydney AsuboFinanceThe Big StoryThought LeadershipMay 25, 2020May 25, 2020

    By Sydney Asubo With people facing confinement or strict social distancing measures, in-person banking and access to other financial services being difficult, and unnecessarily exposes people to the risk of…

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

    Muhereza KyamuteteraThe Big StoryMay 22, 2020May 22, 2020

    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…

    Gov’t to borrow a record UGX5.7 trillion for Covid-19, roads, health and private sector

    Muhereza KyamuteteraThe Big StoryMay 21, 2020May 21, 2020

    Government of Uganda is to borrow up to USD1.51 billion (UGX5.7 trillion) from various multilateral lenders, once Parliament approves the motions tabled before it. According to a parliament brief to…

    Why I am resolute in my afro-optimism despite the continent’s challenges

    CEO ReporterThought LeadershipMay 20, 2020May 20, 2020

    By Cathy Smith, Managing Director at SAP Africa. It is becoming clear that most – if not all – of our major social, economic and political decisions over the next…

    Stanbic Uganda, ConsumerCentriX partner to launch COVID-19 Business Information Hub

    CEO ReporterCompany NewsICTMay 20, 2020May 20, 2020

    To provide the much-needed information and solutions for Ugandan entrepreneurs struggling with the financial consequences of the pandemic, Stanbic Bank Uganda has partnered with ConsumerCentriX to launch the Covid-19 Business Info…

    Uganda turns back 32 foreign Covid-19 positive truck drivers as new hi-tech 3000-tests-a-day machine goes into action

    Muhereza KyamuteteraThe Big StoryMay 19, 2020May 19, 2020

    Government of Uganda on May 18th turned 32 foreign truck drivers who tested positive for Covid-19 back to their respective countries. This followed the testing of 1,743 samples of truck…

    Covid-19: All measures to ease lockdown are dependent on the availability of gov’t issued masks; Museveni clarifies

    Muhereza KyamuteteraThe Big StoryMay 19, 2020May 19, 2020

    The Uganda government has moved to ease down on a number of travel and business-opening restrictions, but President Museveni insists all these moves are dependent on the availability of government…

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