Will American firm regain its top position? Kampala, Uganda | ISAAC KHISA | The American Insurance Group (AIG) has re-entered the Ugandan market, exactly two years after its exit, citing a re-alignment of its global business strategy. Local industry players have naturally warmed up to AIG’s re-entry into Uganda saying …

Kampala, Uganda | ISAAC KHISA | The Directorate of Citizenship and Immigration Control is set to rollout a new International East African passports to replace the current ones. The exercise that starts in January 2019 is an initiative of the EAC Heads of State to synchronise passports across the region.The e-passport …

Kampala, Uganda | ISAAC KHISA | Cairo-based African Export-Import Bank (Afreximbank) is seeking to recruit at least 700 commercial banks as agents across the continent to extend financial services to Small and Medium Enterprises (SMEs). Amr Kamel, the Bank’s Executive Vice President, Business Development and Corporate Banking, said the multi-lateral lender …

Kampala, Uganda | ISAAC KHISA & AGENCIES | The newly unveiled Kenya Airways non-stop daily flights between Nairobi and New York is set to open up the East African skies to the United States, making a milestone development in travel and tourism business in the region. The carrier’s long-awaited inaugural flight …

Kampala, Uganda | ISAAC KHISA | At least 126 Ugandan entrepreneurs were among 5,000 African upcoming entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem that convened in Lagos on October 25 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event which is the largest gathering of …

Researchers at Africa Water Week call for efforts to “decolonize” and improve water permit systems, so more farmers are encouraged to invest in much-needed irrigation Kampala, Uganda | THE INDEPENDENT | Millions of African farmers still face legal restrictions on water access, dating back to colonial times, according to a study …

BoU says it’s not responsible for secrecy of customers’ information Kampala, Uganda | ISAAC KHISA | Privacy of customer data is the bedrock of the banking sector around the world but for a section of Uganda’s commercial banks, this code seems to be slowly eroding— posing a big risk to the industry …

Government remains optimistic about achieving target of 20 million bags Kampala, Uganda | ISAAC KHISA & JULIUS BUSINGE | Uganda’s coffee industry players once again joined the rest of the world on Oct. 04 to mark the International Coffee Day. The annual celebration, which was organised by the Uganda Coffee Development …

New strategy of pay-out boosts confidence Kampala, Uganda | ISAAC KHISA | Uganda’s National Social Security Fund (NSSF) seems to be determined to bring more savers to its portfolio, its statistics show. The Fund’s latest Transparency Statement reveals that though it recorded growth in income from Shs788.6bn to Shs1.34trillion, with nearly …

Kampala, Uganda | ISAAC KHISA | The economies of the South must work together in order to deal with the uncertainties resulting from the current global trade environment, Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said on Oct. 09 in Bali, Indonesia. Speaking during a Panel discussion on …