UBA Executive Director, Wilbrod Owor says the restructuring has seen the lenders extend the repayment period of loans worth Ushs7.3 trillion. He says that as the COVID-19 cases reduced and the measures were lifted, the business, as well as the banking industry, started picking up, but unfortunately, this has been disrupted again.
Umeme’s Spokesperson, Peter Kaujju told journalists on Tuesday that the available substation in Entebbe has an installed capacity of 20 megavolts. He, however, says that with the ongoing and upcoming developments such as the upgrade and expansion of the airport, construction of a Convention Centre and a transformer manufacturing plant among others, the municipality will need an additional substation to meet the future load.
The project worth 400 Million Shillings funded by the European Union and Ugandan Government through National Agricultural Research Organization (NARO) is being established in Acut Omer South village in Acholibur sub-county.
Stella Naigaga, a saloon operator says that one of the VHTs confiscated her national ID under unclear circumstances. “They registered me alongside my other five workmates but after our 30 minute’s engagement, the VHT member sped off with our IDs claiming that they were a requirement to expedite the release of the relief funds to the beneficiaries,” she said.
“Thankfully, unlike in the first lockdown when the airport was totally shutdown and numbers ground to a halt- this time, numbers are holding steady- with a slight hitch, evidence the sector can be regardless of a hostile environment,” says Ajarova.
According to the Association of Uganda Tour Operators, AUTO, it will take long to recover to the previous industry figures.