Putting Values over Valuation

In recent years the market economy has become the market society. However, Coronavirus could reverse that trend, says Mark Carney, the former governor of the Bank of England. Value will change in the post-COVID world. On one level, that’s obvious: valuations in global financial markets have imploded, with many suffering their sharpest declines in decades.…

Bank of Uganda cuts CBR to a record low of 8% amidst Coronavirus

“Bank of Uganda has today, April 6th, 2020, in the April 2020 Monetary Policy Committee (MPC) meeting reduced the Central Bank Rate (CBR) by 1 percentage point to 8 percent. The COVID-19 pandemic has led to a severe contraction in economic activity due to a combination of global supply chain disruptions, travel restrictions, measures to…

Impact of coronavirus in East Africa

The confirmation of multiple cases of Coronavirus in East Africa should be a wake-up call for a coordinated response to the disease across the region. In light of the weaknesses of our economies and the dismal capacities of our health systems, the expanded travel bans announced this week make sense. China’s experience has demonstrated that…