But government technocrats disagree saying there are objectives in doing so Kampala, Uganda | ISAAC KHISA | Investments in the extractive sector has become the next big thing in the East African region but there are concerns that the governments could extend huge tax incentives like they have done in …
Read More »Increased women representation in parliament to improve gender equality, promote good governance
📌 KEY APPOINTMENTS ✳ Vice President ─ JESSICA ALUPO (MAJ.RTD) ✳ Prime Minister ─ ROBINAH NABBANJA Kampala, Uganda | Isaac Khisa | Ugandan women parliamentarians are now blazing new marks in politics and governance to push for various legislative bodies to effectively represent citizens and respond to their needs. Presently, Uganda has more than …
Read More »‘Banks in the future will need to embrace emerging technology’
Lloyd Jonathan Busuulwa is the head Alternative Channels at dfcu Bank. He spoke to The Independent’s Isaac Khisa about the Bank’s digital strategy and the future of banking going forward. dfcu Bank embarked on a digital transformation journey in 2017. What progress have you registered? dfcu Bank’s digital transformation journey …
Read More »Cipla gets new CEO to replace Nervin Bradford
The new appointment comes at the time the drug maker’s share price has fallen below the IPO price Kampala, Uganda | ISAAC KHISA | Cipla Quality Chemicals Ltd, the producer of human drugs including anti-malarial and anti-retroviral is now set to receive a new managing director, Ajay Kumar Pal to …
Read More »Stanbic half-year profits up 21.5% to Shs 154.9bn
Company to focus on investing in technology and digital solutions to enhance customer experience Kampala, Uganda | ISAAC KHISA | Stanbic Uganda Holdings Limited (SHUL) has demonstrated business resilience, weathering effects of the coronavirus pandemic to post an impressive 21.5% growth in profit after tax to Shs154.9bn for the first …
Read More »Uganda misses agricultural opportunity to Malawi
Dozens of local firms are still demanding for payments from Juba for goods supplied more than a decade ago Kampala, Uganda | ISAAC KHISA | Africa’s newest state, South Sudan, has by-passed Uganda and signed a trade agreement with Malawi for the supply of grain and other agricultural commodities. This …
Read More »Involve clients in product development, Kenya’s CBK governor warns
Fintechs present regulatory challenges as some technology providers are not domiciled locally Kampala, Uganda | ISAAC KHISA | Commercial banks should walk with clients in the development of different products to succeed, according to the Kenya’s Central Bank Governor, Patrick Njoroge. “Banks that have succeeded or that are succeeding are …
Read More »Insurers adopt telehealth to widen access to healthcare
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 »