Tag Archives: Isaac Khisa

Insurer’s losses more than triple to Shs 6.39bn in 2018 Kampala, Uganda | ISAAC KHISA | Cooperative Insurance Company Africa Uganda Ltd, commonly known as CIC insurance, recorded a sharp drop in profits last year but management assures its shareholders that everything is in control. The company’s financial results for …

The lender records a 21% drop in net profit to Shs 17.2bn in 2018 owed to increased expenditure Kampala, Uganda | ISAAC KHISA | BRAC, one of the largest microfinance providers in Uganda, has become middle-sized commercial bank also known as a Tier II credit institution, paving way for its …

MD accused of recruiting relatives, forging financial statements and failing to comply with government’s development plan Kampala, Uganda | ISAAC KHISA | The Managing Director for Uganda Posta Limited, James Arinaitwe, is caught up in a fight to secure a ‘third term’ following the expiry of his contract last month, …

The agreement will have to dodge a patchwork of trade regulations and tariffs that make intra-African commerce costly | Shoshana Kede | Excitement was palpable throughout the region as the dream for a continental free trade area in Africa got the final ratification needed to become a reality this month. …

The challenge is that only two sub counties will be selected in the selected districts Kampala, Uganda | ISAAC KHISA | Like in most communities in Uganda, rural women in West Nile and Karamoja regions have limited access to resources to cater for their families. They have to search for …

The lender’s cost cutting strategy delivered good returns Kampala, Uganda | ISAAC KHISA | Uganda’s largest commercial bank, Stanbic Bank, seem to have surprised its investors with a 7% growth in net profit to Shs 215bn in 2018, closing out the year that the banking industry generated some Shs 700bn …

  Telecoms subscriber base reaches 11.3million Kampala, Uganda | ISAAC KHISA | MTN Uganda has recorded a 4.4% rise in revenue to Shs1.38 trillion for the year ending December 2018 owing to increase in customer numbers, data and fintech services. The company’s financial statements shows that its customer numbers rose …

  Franziska Leischker is the director at Xsabo Foundation in Uganda. She spoke to Isaac Khisa about the opportunities of their new product dubbed Fancy Pad. Briefly tell us about the Fancy Pad project. Why did you decide to come up with such a project? The “Fancy Pad” project is …

Nearly two years ago, the holder of Sadolin franchise in East African sold its business to a Japanese paint maker, Kansai Plascon. But for fear of losing market share, Sadolin brand owner – AkzoNobel – based in the Netherland handed over the license to the rival firm Crown Paints to …

MD shown exit as sales and marketing manager faces investigations over misconduct Kampala, Uganda | ISAAC KHISA | Kansai Plascon Uganda Limited has over the last couple of months hosted several senior executives from the parent company, Kansai Paint, based in Osaka, Japan. The executives’ stopover climaxed on Feb. 05 …