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NEWS ANALYSIS

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Lion Assurance’s AIG takeover

What happens after `minnow’ swallows former giant of Uganda’s insurance sector? When regional insurance firm Lion Assurance Company (LAC) confirmed plans to take-over agents and business formerly under the American International Group (AIG), the first question was “how?” AIG-Uganda has been the third leading insurance company by assets in Uganda, …

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Trump triumph deals body blow to US brand

New York, United States | AFP | With his stunning election triumph, Donald Trump has emblazoned his name in golden letters on the brand of the United States. The superpower of soft power that produces much of the world’s most-loved music, movies and technology on Tuesday chose a president who …

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Uganda’s economy sound, says IMF

The economy isn’t in such a bad shape as earlier thought, the International Monetary Fund (IMF) has said in its latest assessment. Speaking at the conclusion of a two-week’s 7th review of Uganda’s economic programme under the Policy Support Instrument (PSI), Axel Schimmelpfennig, the IMF Mission chief, said the country’s prospects …

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