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UIA unveils Simbula with Motor Third Party Insurance campaign

Kampala, Uganda | THE INDEPENDENT | Uganda Insurers Association (UIA) says motorists are yet to fully respect the Motor Third Party insurance cover policy despite being mandatory to all. Juliet Igonu, the Technical Manager-Non-life insurance at UIA says recent figures show that less than 1 million vehicles have Motor Third Party …

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Government withdraws new Pensions Bill

Kampala, Uganda | THE INDEPENDENT | Government has withdrawn a new pension Bill that was recently tabled in Parliament. The Public Service Pensions Fund Bill,2023 introduced on 14 March 2023 aimed at implementing a mandatory contribution system for public servants’ pensions. However, the bill underwent significant changes during the committee …

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AfDB to help de-risk climate finance in Africa

Kampala, Uganda | THE INDEPENDENT | Africa contributes the least – less than 3% to global warming, yet the continent is the most vulnerable to climate risks. To build resilience against climate change, the countries have outlined tangible ambitions for green growth, including plans to increase climate investment. Amid dwindling climate …

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Businessman remanded for defrauding Cairo Bank of sh200M

Kampala, Uganda | THE INDEPENDENT | Businessman Robert Kisolo has been remanded on charges of obtaining credit by false pretense after he allegedly defrauded Cairo Bank Limited. Kisolo on Monday afternoon was arraigned before Buganda Road Court Grade One Magistrate Fidelis Otwao and he denied the charges against him. The …

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Govt issues guidelines on management of city markets

Kampala, Uganda | THE INDEPENDENT | The Ministry for Kampala and Metropolitan Affairs has issued guidelines for the management of City markets. The markets were re-possessed by the government in 2020 following a presidential directive. Addressing the press on Tuesday at the Uganda Media Center, the Minister for Kampala, Hajjat …

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