Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority CEO Ibrahim Lubega Kaddunabbi has said the industry is ripe for disruption as advances are made in the digital space especially in the insur-techs. He warned that insurance players should therefore ensure that there are constantly evolving their methods to …
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The East African nation is pinning growth of its textile sector on new crop The Independent | ISAAC KHISA | Kenya has made history as it joined six other African countries in commercial cultivation of BT cotton. Peter Munya, the country’s Agriculture Cabinet Secretary planted the first BT cotton seed …
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The regulator wants members to keep their money longer with pension schemes or get paid in installments Kampala, Uganda | JULIUS BUSINGE | The Uganda Retirements Benefits Regulatory Authority (URBRA) is in advanced stages of preparing a policy proposal for the ministry of finance to consider and convince retirees to …
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NEMA’s approval paves way for construction of oil field facilities Kampala, Uganda | RONALD MUSOKE | Uganda’s environmental agency, NEMA, has approved CNOOC’s environmental and social impact assessment report for the Kingfisher project following ten months of scrutiny and evaluation. Dr. Tom Okurut, NEMA’s executive director issued the certificate of …
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Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company Limited (UNOC) has today launched its petroleum products business. UNOC will import and sell petroleum products in bulk to registered local oil marketing companies, a move that will position UNOC, with Government support, within the petroleum products supply chain. According …
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Tokyo, Japan | AFP | The Bank of Japan on Monday unveiled a series of emergency monetary policy measures to shore up the world’s third-largest economy, as the coronavirus pandemic threatens a global recession. In a meeting brought forward by two days, the BoJ said it would double its annual …
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Kampala, Uganda | THE INDEPENDENT | There is need to exercise high levels of hygiene especially when dealing with currencies, Dr. Yonas Tegegn Woldemariam, the WHO country director has advised. He explains that touching money is one of the fastest ways through, which the Corona virus can be spread since …
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Kampala, Uganda | Julius Businge | Marketers are an important resource for any business to thrive going by the contemporary issues affecting the global economy, according to the Managing Director for MultiChoice Uganda Limited Hassan Saleh. Speaking at the inaugural ‘continuous development forum’ for Uganda Marketers Society (UMS) at Serena Hotel on …
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Washington, United States | AFP | President Donald Trump on Wednesday suspended travel from Europe to the United States for 30 days in a “tough” new effort to halt the spread of the novel coronavirus pandemic that has sparked a run on the stock market and is rapidly multiplying. The …
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Kampala, Uganda | THE INDEPENDENT | Simon Nkonge, the Commandant of the Cyber Unit at Kampala Central Police Station is in trouble for allegedly of extorting $60,000 (sh223 million) from a city businessman. Nkonge was picked up on Wednesday morning by operatives from the Chieftaincy of Military Intelligence–CMI shortly after reportedly …
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