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Britam clinches deal with Uganda Airlines

UK-based insurer in Uganda, Britam, has once again won a business deal with the government to provide insurance cover, this time for Uganda Airlines. Kampala, Uganda | ISAAC KHISA | Willis Towers Watson is the airlines’ insurance broker. Britam CEO, Allan Mafabi confirmed to The Independent on Aug.02 that they …

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Regulate. Regulate. Regulate.

What does Museveni want and can new tough laws deliver it? Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | Regulate. Regulate. Regulate. Taxi ownership, regulate. Coffee and sugarcane growing regulate. Cesspool emptying, regulate. Belonging to political party, regulate. Quitting political party, regulate. In the past few months, the government …

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Fight over sugarcane business

President Museveni supports exports to Kenya  Kampala, Uganda | ISAAC KHISA | On June 11, President Yoweri Museveni held a closed door meeting with the sugarcane farmers in Busoga sub-region at the Jinja state lodge a head of his planned Operation Wealth Creation campaign. Among those who attended the meeting …

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Africa’s trade numbers on the rise

Afreximbank says China and India have consolidated their positions as the continent’s single largest trading partners Kampala, Uganda | ISAAC KHISA | Africa’s output grew by 3.4 per cent between 2017 and 2018 despite the slowdown in global growth during that period, according to the African Export-Import Bank’s latest report. The …

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Afreximbank shareholders to earn $69million

The bank’s assets grew 15% to $15 billion in 2018 Kampala, Uganda | ISAAC KHISA | Shareholders of Africa Import-Export Bank (Afreximbank) are set to earn $69million as dividends following record growth in profits in 2018. Last year, shareholders earned $57.53million.  The decision was reached during the Annual General Meeting …

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How Uganda’s insurance firms performed in 2018

Only nine insurance companies recorded approximately Shs40bn as profit Kampala, Uganda | ISAAC KHISA | Only nine out of 21 Non-life insurance companies operating in Uganda made profits for the year ended Dec.2018, data from the Insurance Regulatory Authority of Uganda shows. Jubilee, UAP, Sanlam, Britam, Goldstar, Alliance Africa, Statewide, …

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