Close Menu
Prime NewsPrime News
  • NEWS
  • CONSERVATION
  • ENVIRONMENT
  • POLLY’S ESCAPEDES
  • TRAVEL & DESTINATIONS
  • TOURISM
  • OTHERS
What's Hot

Flouted Constitutional Principles? Dr. Ssemugenyi Petitions Court over UPDF Amendment Act

June 23, 2025

UWA Disburses 2.19 Billion Shillings to Bwindi-Mgahinga Communities

June 20, 2025

MICE: Uganda to Host 11th UNESCO Africa Engineering Week this September

June 20, 2025
Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
Trending
  • Flouted Constitutional Principles? Dr. Ssemugenyi Petitions Court over UPDF Amendment Act
  • UWA Disburses 2.19 Billion Shillings to Bwindi-Mgahinga Communities
  • MICE: Uganda to Host 11th UNESCO Africa Engineering Week this September
  • CCFU Wants Culture, Indigenous Knowledge Integrated in Uganda’s Wildlife Policy 2025
  • Inside Calsaar Cultural Initiative’s Maiden Heritage Awareness Marathon
  • Tourism Ministry Commemorates International AIDS Candlelight Memorial
  • Cultural Relics Repatriated from Cambridge in 2024 Exhibited at POATE
  • POATE a Gateway to Uganda, East Africa – President Museveni
Facebook X (Twitter) WhatsApp
Prime NewsPrime News
  • NEWS
  • CONSERVATION
  • ENVIRONMENT
  • POLLY’S ESCAPEDES
  • TRAVEL & DESTINATIONS
  • TOURISM
  • OTHERS
Prime NewsPrime News
Home » News » Professor Denis Byarugaba Discusses ‘How to Prevent the Next Pandemic’ as dfcu Bank hosts Financial Markets Engagement
Uncategorized

Professor Denis Byarugaba Discusses ‘How to Prevent the Next Pandemic’ as dfcu Bank hosts Financial Markets Engagement

By Abigail MwesigyeJune 28, 2022No Comments
Facebook Twitter
Share
Facebook Twitter Email WhatsApp

“Prevention of the next pandemic, whether a recurrence of Covid-19 or a new outbreak, will require significant investment from the Finance and Banking sector in order to minimize the negative economic and human effects,” remarked Professor Denis Byarugaba, Makerere University Professor of Microbiology and member of the Governing Council of Uganda National Academy of Sciences, during the ACI Uganda Dealers’ meeting hosted by dfcu Bank at Golden Tulip Hotel in Kampala.

ACI Uganda is a member-driven and policy-focused industry body that represents participants in Uganda’s financial markets. Currently ACI Uganda’s membership is comprised of industry participants from the treasury departments of the 24 licensed commercial banks. It is affiliated to ACI Financial Markets Association (ACIFMA) and aims to promote greater cooperation between regulators and financial markets participants, build Professional networks, improve technical skills and knowledge among dealers, protect and improve the reputation of all financial markets participants, and support by giving back to communities through sustainable corporate social responsibility programmes.

Speaking on the topic ‘How to Prevent the Next Pandemic’, Professor Byarugaba noted that “We will need to scale up investment in different aspects of the health care value chain such as human capital to man surveillance centres and manage patients. We also need to invest in the Public Health Care system to ensure the availability of ambulances, supplies, protective equipment, blood, and other important requirements. These investments require partnerships between the public and the private sector and this is how you as financial market players come in.”

Asked how to overcome the hesitancy that surrounds uptake of the virus, Byarugaba noted that vaccines go through a very rigorous process to be approved for human use, even in emergency situations. He also called upon Ugandans to utilize social media for good instead of discouraging vaccine usage.

dfcu Bank’s Head of Financial Markets, Julius Kateera highlighted some of the effects that Covid-19 has had on the population, such as increased extreme poverty and increased unemployment.

“The International Monetary Fund expects to raise its forecast that the COVID-19 pandemic will cost the global economy $12.5 trillion through 2024. We therefore felt it prudent to organize an engagement to discuss where the health and banking sectors intersect in the efforts to prevent or prepare for the next pandemic,” he said.

“History has shown us that pandemics have been a part of human existence. The only difference is the effect that they have, and the levels of preparation required to be able to survive them,” Kateera concluded.

Related

Share. Facebook Twitter WhatsApp Email
Abigail Mwesigye

Related Posts

CCFU Wants Culture, Indigenous Knowledge Integrated in Uganda’s Wildlife Policy 2025

June 13, 2025

Inside Calsaar Cultural Initiative’s Maiden Heritage Awareness Marathon

June 5, 2025

Cultural Relics Repatriated from Cambridge in 2024 Exhibited at POATE

May 23, 2025

Leave A Reply Cancel Reply

Our Picks

CCFU Wants Culture, Indigenous Knowledge Integrated in Uganda’s Wildlife Policy 2025

June 13, 2025

Inside Calsaar Cultural Initiative’s Maiden Heritage Awareness Marathon

June 5, 2025

Cultural Relics Repatriated from Cambridge in 2024 Exhibited at POATE

May 23, 2025

POATE a Gateway to Uganda, East Africa – President Museveni

May 21, 2025
Stay In Touch
  • Facebook
  • Twitter
  • WhatsApp
Don't Miss
OTHERS

Flouted Constitutional Principles? Dr. Ssemugenyi Petitions Court over UPDF Amendment Act

By Rita AgabaJune 23, 20250

In a significant development, Dr. Dennis Daniel Ssemugenyi who describes himself as a human rights…

UWA Disburses 2.19 Billion Shillings to Bwindi-Mgahinga Communities

June 20, 2025

MICE: Uganda to Host 11th UNESCO Africa Engineering Week this September

June 20, 2025

CCFU Wants Culture, Indigenous Knowledge Integrated in Uganda’s Wildlife Policy 2025

June 13, 2025
About Us
About Us

Prime News Uganda is a news website focusing on all things tourism, travel, conservation, environment and adventure - personal travel experiences live here.

Email Us: patience@primenews.co.ug
Contact: +256-782682198

Facebook X (Twitter) Instagram WhatsApp
Our Picks

CCFU Wants Culture, Indigenous Knowledge Integrated in Uganda’s Wildlife Policy 2025

June 13, 2025

Inside Calsaar Cultural Initiative’s Maiden Heritage Awareness Marathon

June 5, 2025

Cultural Relics Repatriated from Cambridge in 2024 Exhibited at POATE

May 23, 2025
  • Facebook
  • Twitter
  • WhatsApp

Recent Comments

  1. Patience Natukunda on Explore Kigezi: 10 Stunning Attractions You Can’t Miss
  2. Patience Natukunda on Explore Kigezi: 10 Stunning Attractions You Can’t Miss
  3. Dhabuliwo Anord on Explore Kigezi: 10 Stunning Attractions You Can’t Miss
  4. Mugisha Muhamud Ashiraf on Explore Kigezi: 10 Stunning Attractions You Can’t Miss
  5. Patience Natukunda on Sustainability in Hospitality: Inside Kaara Gorilla Mountain Lodge

Type above and press Enter to search. Press Esc to cancel.

You cannot print contents of this website.