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Insurers Q2 premium surges 17% to Shs 828.9bn

The regulator’s focus is on expanding its customer base and increasing average spending in the insurance sector Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance sector has shown steady growth, with underwritten premiums increasing from Shs 711.6 billion in the second quarter of 2022 to Shs 828.9 billion in the second …

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Absa expands access to credit cards

Kampala, Uganda | THE INDEPENDENT | In a bid to expand access to credit card services in Uganda, Absa Bank Uganda has launched two new credit card digital innovations named ‘Buy Now, Pay Later’ and ‘Credit Card-Initiated Payments’. ‘Buy Now Pay Later’ will enable customers to make payments off their credit …

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Modern beekeeping increase honey production in Amudat

Amudat, Uganda | THE INDEPENDENT | Bee farmers in Amudat district are experiencing a significant increase in honey production, thanks to ongoing training in modern beekeeping techniques. Farmers credit their success to the skills they’ve acquired through various training programs, particularly those focusing on modern beekeeping practices such as using modified …

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Stanbic’s back-to-school cash-back promotion

Kampala, Uganda | THE INDEPENDENT | At least 200 lucky parents stand a chance to win cash prizes worth Shs100 million when they pay school fees for their children through FlexiPay or Stanbic Bank agent banking channels, courtesy of a six-week back-to-school cashback promotion aimed at supporting guardians return their kids …

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