But there is little or no legal framework for telehealth in most Sub-Saharan African states Kamapal, Uganda | ISAAC KHISA | Globally, insurers have been perceived as slow to evolve and embrace innovation. But the coronavirus pandemic is flipping the narrative, as some insurers rapidly innovate to help consumers …
Read More »Prudential shakes up insurance market
Global insurer, Prudential, has become the country’s largest life insurer following the acquisition of IAA Air Ambulance Healthcare, a Health Membership Organisation, at undisclosed consideration. Kampala, Uganda | ISAAC KHISA | Prudential Life Assurance Uganda Ltd entered the Ugandan market in 2015 through the acquisition of Goldstar Life Assurance, and …
Read More »COVID-19 rekindles travel insurance business, call center inquiries
Kampala, Uganda | ISAAC KHISA | Long before the outbreak of coronavirus, one thing that most local travelers never spent time on was to buy a travel insurance cover. Planning and making arrangements for visas, flights and accommodations, researching tourist’s attractions and perhaps buying new clothes was all they needed. Little …
Read More »GM mosquitoes to fight malaria
Ugandan scientists seek integrated approach to tackle killer disease Scientists at the Uganda Virus Research Institute (UVRI) plans to undertake a research on genetically engineered mosquitoes to tackle malaria. Dr. Jonathan Kayondo, the principal investigator Target Malaria Uganda and Senior Research Officer at UVRI had an email interview with The …
Read More »GMO research: Lack of law complicates it
Now scientists plot new law after Museveni sat on old one Kampala, Uganda | ISAAC KHISA | For years Ugandan scientists have been trying to figure out how various crops can be made to respond to numerous challenges – drought, pests and diseases. Dr. Godfrey Asea is one of them. A …
Read More »Oil and gas developments to push Kampala’s prime office rent up
But a shift in occupier preferences towards more flexible lease terms, with shorter rent payment periods could impact occupancy levels at the lower end of the market Kampala, Uganda | ISAAC KHISA | Kampala recorded an increase in prime office occupier demand across various sectors, ranging from agriculture, food and …
Read More »Invest in productive sectors, experts tell government
Public debt increased by 35% to Shs65trillon as at December 2020 Kampala, Uganda | ISAAC KHISA | Government should prioritise financing human capital development programs amidst projected revenue shortfalls due to COVID-19 lockdown, experts say. Experts also say, amidst these tough times, the government should also keenly scrutinize loan proposals …
Read More »Banks post third profit decline in 10 years
Several potential vulnerabilities remain related to the pace of the economic recovery and its effect on the income and loan repayment capacity of firms and households Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks recorded the third drop in full year profits in 10 years weighed down by increased …
Read More »Insurance sector records slow growth in premiums
IRA hopes that 2021 will be a better year compared with last year amidst the new wave of coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Enhanced distribution and sustainable growth in the uptake of medical and life insurance policies helped Uganda’s insurance industry to record a 9% growth in …
Read More »KCB Uganda to handle Airtel Money cash
The partnership will enable customers borrow mobile loans for as low as Shs300 and earn interest on savings for as high 9%, respectively Kampala, Uganda | ISAAC KHISA | Telecom operator, Airtel Uganda, has appointed KCB Uganda as a trust account holder for its mobile financial services Airtel Money in …
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