Friends in developed, developing, and underdeveloped nations, As the world gets stuck in this COVID19 pandemic, it is possible like i stressed earlier about the possibility of a Global Economic recession, any nation that cares about prospering beyond just post-pandemic survival, must do a number of things, but i have thought about the following and i want to share with…
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Sequel to the directive of Federal Government of Nigeria to lockdown the nation’s commercial nerve centre, Lagos, its political capital, Abuja and another state, Ogun, for its proximity to Lagos to curb further spread of the lethal virus, coronavirus, the Central Bank of Nigeria (CBN) has directed commercial banks not honour transactions in cheques. A note shared by one of…
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In light of the Coronavirus pandemic and its effects on businesses, the National Social Security Fund (NSSF) has announced measures to ease the cash flow burdens of contributing employers and businesses in the private sector. Ugandan employers/businesses facing economic distress due to the pandemic shall be allowed to reschedule their NSSF contributions and pay them at a later date without…
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As one-third of the world population seems to have gone into “hiding”, fleeing the rage of Covid-19, the internet has become the nerve centre of professional and entertainment life across the globe. In the United States, all of this internet use is putting more pressure on the country’s broadband infrastructure, according to the Brookings Institution, a think-tank based in…
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African governments’ strict measures taken to spread the Covid-19 virus has boosted the use of digital technologies, according to the Collaboration on International ICT Policy in East and Southern Africa (CIPESA). These measures include, among others, travel bans, curfews, prohibition of mass gatherings, lockdown and self-isolation, closing of bars and schools. “Various governments have been quick to encourage mobile money…
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Ethiopia and Uganda have the highest coronavirus-related searches, according to data from global search engine giant Google. Google’s trending section is keeping tabs on how its users are searching for information on the coronavirus pandemic that has been ravaging the world for months. As of Monday 30th March 2020, Ethiopia was leading in global searches with a value of 100,…
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ADVERTISEMENT: Ugandan Technopreneur and Glamour Technology’s proprietor Kenneth Ntulume has today launched a video conferencing platform called Collaborate Space. Collaborate Space is a powerful digital application with a full suite of audio, video, and meeting tools in a persistent space offering hundreds of Ugandan users a unified virtual meeting cloud place with messaging, calling and videoconferencing functions, Collaborate space is…
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Before the coronavirus outbreak, few people knew about the Zoom video application. Today, Zoom is the go-to application for most businesses whose employees have been urged to work from home to avert rapid contraction of the virus from congested work areas. Zoom is a videoconferencing online application that connects different people from different areas enabling them to communicate remotely. The…
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The World Bank and International Monetary Fund have called for the suspension of debt repayments for poorer countries as many of them turn to focus on battling the Coronavirus (COVID -19). In a joint statement on Wednesday night, the two multi-lateral lenders said the Coronavirus outbreak is likely to have severe economic and social consequences for the International Development Association…
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Several banks in Dubai have agreed to offer their customers loan repayment holidays and reduced charges to help reduce the impact of the corona virus outbreak on their finances and relieve economic pressure. As a result of the pandemic, the global economy has been heavily affected, disrupting trade and the tourism industry, which happens to be one of Dubai’s major…
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