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Umeme shares plummet after Museveni remarks May 9, 2021 Selestino Babungi, Umeme managing director President Yoweri Museveni's May 1 Labour Day remarks over electricity distribution costs seem to have sent shock waves among shareholders of Umeme Limited, the main electricity distributor in Uganda.    The concern over the president’s statement emerged this week on Thursday as Umeme shareholders met for the annual general meeting in Kampala. Umeme board chairperson, Patrick Bitature while addressing the shareholders, said Museveni's remarks are ...

Daily Monitor Thursday March 11 2021 A health worker administers AstraZeneca Covid-19 vaccine to Health Minister, Dr Jane Ruth Aceng, at Mulago Women’s Specialised Hospital in Kampala yesterday. PHOTO | KELVIN ATUHAIRE Summary Warning. “Experts tell us there is likely to be a second wave in about three to four months, the launch of the vaccination, therefore, is timely to protect the country against this anticipated wave,” Mr Moses Ali, the First Deputy Prime Minister. Advertisement More than 300 individuals from different priority groups yesterday received the first dose of Covid-19 v...

Govt names team to advise on Covid-19 vaccine access Tuesday February 16 2021 From top to bottom: Prof Nelson Sewankambo, Prof Pontiano Kaleebu, Prof William Bazeyo, Dr Rhoda Wanyenze, Adonia Ayebare, Oscar Kihika and Prof David Sserwadda, chairperson (Main picture). PHOTO/NMG. Summary The  team will engage a wide range of stakeholders and partners, including collaboration with non-state actors, and others to support on deployment of the Covid-19 vaccine. Government said early last month that it was exploring several options of the available vaccines with $405m (Shs1.5 trillion) as the worki...

Covid-19 weighs on minds of top executives Friday January 01 2021 Summary In the New Year, some of the chief executive officers (CEOs) who talked to Daily Monitor, expect a meagre or mixed performance from the economy on account of contracted growth and subdued government spending. With every nerve of the economy affected by the pandemic in one way or another, the war against the virus is not yet won. The deaths continue as well as infections. Advertisement As Uganda welcomes the New Year today, economic conditions in the country like elsewhere in the world, remain bleak. The pandemic has bro...

Covid delays expansion of ElectroMaxx project December 30, 2020 Written by DAVID MUWANGA About 40 Chinese technicians contracted to install machinery for the expansion of ElectroMaxx Limited are yet to return to Uganda. “We are waiting for a team of forty Chinese technicians to return to Uganda, they had gone to celebrat...