World Bank urges a more gender inclusive recovery at latest economic update Kampala, Uganda | ISAAC KHISA | Uganda’s growth is expected to be between 3.5% and 4.0% in Fiscal Year (FY) 22 and about 5.5% in FY23; both projections are about one percentage lower than the June 2021 forecast, …

Since the rolled out of mandatory mobile motor third party insurance in 2019, 414,550 policies have been issued through the system worth Shs 30.6bn in premiums Kampala, Uganda | ISAAC KHISA | The Insurance Regulatory Authority has linked its third party insurance platform to the police’s Express Penalty Scheme system …

Kampala, Uganda | ISAAC KHISA | Ugandan businesses have an opportunity to tap into venture capital to facilitate their growth and expansion but they have limited information in relation to their existence and their mode of operation. Doris Acheng, the coordinator for Uganda for the East African Venture Capital Association …

The company recorded Shs 2.8billion profit for the half year period Kampala, Uganda | ISAAC KHISA | Uganda’s drug manufacturer, Cipla Quality Chemicals Ltd, recovered Shs 2.5billion from the Zambian government for the drugs supplied in 2018, helping the company to record a profit from the second time since listing …

 The dark side of African Continental Free Trade Area Kampala, Uganda | ISAAC KHISA | Africa’s heads of state on March 21, 2018 descended onto the hills of Kigali, Rwanda, to sign the long awaited agreement to create the African Continental Free Trade Area (AfCFTA) that encompasses more than 1.2billion …

This development ends the institution’s 30-year history in Uganda’s financial sector Kampala Uganda | ISAAC KHISA | Local lender, Orient Bank is getting a revamp, ending a nearly 30-year history in Uganda. The lender is ditching its name to I&M Bank (Uganda) following the latter’s decision to acquire a 90% …

The East African nation shipped 6.49million bags of coffee worth US$629.8million Kampala, Uganda | ISAAC KHISA | Coronavirus pandemic restrictions in Vietnam coupled with bad weather in Brazil have helped Uganda record a 23% growth in coffee export earnings for the 2020/21 coffee season (October-September) to US$629.8million. Latest data from …

Ugandan government has in the past years faced harsh criticism over regular borrowings from China Import Export Bank to facilitate development of infrastructure projects including hydropower dams, roads and possibly soon the planned Standard Gauge Railway. But the Chinese loans have also had a fair share of positive aspects to …

Assessing the opportunity and the risk Kampala, Uganda | ISAAC KHISA | Commenting on the move by Uganda’s largest telecom company, MTN, to list on the country’s stock exchange, Stephen Kaboyo, the managing director at Alpha Capital Partners, sees opportunity. “In my own prediction, MTN stock will be a good …

System provides Africa with greater capacity to conduct cross-border transactions, expand opportunities Kampala, Uganda | ISAAC KHISA | Pan-African multilateral lender, African Export-Import Bank and the Secretariat have rolled the Pan-African Payment and Settlement System (PAPSS), revolutionalised financial market infrastructure to enable instant, cross-border payments in local currencies between African …