Analysts hail UNOC’s ambitions but reality of fuel business complex COVER STORY | ISAAC KHISA | The decision by the government of Uganda to directly enter the oil importation and cut out middle players has blown a cloud of uncertainty in the US$2 billion business that is the heartbeat of the …
Read More »Uganda’s economy grew faster amidst high interest rates
The economy is now projected to grow in the range of 5-6% in the Financial Year 2023/24 riding on continued economic recovery and the developments in the oil and gas Kampala, Uganda | ISAAC KHISA | Uganda’s economy grew faster in the last financial year than previously anticipated a good sign …
Read More »Insurtechs could transform microinsurance in Sub-Saharan Africa
Experts emphasize the importance of building trust and financial literacy to attract more customers Kampala, Uganda | ISAAC KHISA |  More than two decades ago, micro-insurance in sub-Saharan Africa bore the weight of social responsibility, grappling with a modest customer base and low premiums that rendered claims both unstable and unpredictable. …
Read More »Navigating automotive financing options: A comprehensive guide for prospective car buyers in Uganda
Kampala, Uganda | THE INDEPENDENT | Owning a car is a significant milestone for many Ugandans, providing convenience, freedom, and mobility. However, with the rising cost of vehicles, navigating the world of automotive financing becomes crucial for prospective car buyers in Uganda. Understanding the various financing products available and choosing …
Read More »Why Uganda needs change makers now more than ever
Kampala, Uganda | THE INDEPENDENT | Uganda is currently experiencing lots of disruptions and crisis that call on citizens to raise and contribute to the economic empowerment of our communities and hence the nation. To make such happen, is the shift in people’s mindset towards an understanding that the community problems …
Read More »Hello World and partners connecting the next generation
How Hello World and Partners Drive Digital Education for Youth as the world marks World Youth Skills Day Kampala, Uganda | THE INDEPENDENT |Â Hello World, a charity organisation providing solar-powered, internet-enabled education hubs in Uganda has announced completion of 10 new Hello Hubs in the West Nile Region. The new …
Read More »Inside Dr. Gladys Kalema Zikusooka memoir ‘Walking with Gorillas’
Kampala, Uganda | ISAAC KHISA | Uganda’s first wildlife veterinarian and founder of non-governmental organisation, Conservation Through Public Health (CTPH), Dr. Gladys Kalema Zikusooka, has unveiled her memoir ‘Walking with Gorillas’ detailing her childhood experience, dream job, marriage and sustainable conservation. The memoir launched at the Kampala Serena Hotel on July.05 …
Read More »ICEA General Insurance crowned winners of 2023 Insurance Gala
Kampala, Uganda | THE INDEPENDENT | ICEA General Insurance has once again been crowned overall winners of the Insurance Gala 2023 edition held at KISU play grounds. ICEA who were also winners of last year’s edition beat over 40 other participants to the top prize. UAP Old Mutual Insurance emerged the …
Read More »Uganda’s ‘Optimistic’ Budget
Priority on human development, security, energy, transport COVER STORY | ISAAC KHISA |Â Finance Minister, Matia Kasaija, on June 15 hit several optimistic notes for next Financial Year when announcing a Shs52.7 trillion budget. That is a 10% jump from the Shs48 trillion last financial year and the biggest rise in …
Read More »SACCOs offer big opportunity to market insurance
BoU data shows members’ deposits stood at Shs.884.96 billion, while shares and other equity amounted to Shs.865.61 billion and Shs.1.471 trillion Kampala, Uganda | ISAAC KHISA |Â Local insurers in Uganda, just like their counterparts across Africa, are leveraging on bancassurance, agents and their physical outlets to increase insurance sales and …
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