Tag Archives: Isaac Khisa

The company is eying regional markets including Kenya, Burundi, Northern Tanzania, DRC and South Sudan Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd will invest Shs 17.8billion to acquire more land with clays and boost production amidst the escalating competition in the baked clays products market. Martin Kasekende, the …

Kampala, Uganda | ISAAC KHISA | Africa’s multi-lateral lender, African Export-Import Bank has renewed its approval of a US$1 billion facility to operationalise the African Continental Free Trade Agreement Adjustment Funds. The lender also approved a Grant Funding in an amount of US$10 million to seed the Base Fund of …

  A huge chunk of 2022/23 Shs48.1tn budget will go to the usual sectors of works and transport, security, health and education NEWS ANALYSIS | ISAAC KHISA | Uganda’s national budget, read on June.14, has drawn mixed reactions from various players, with manufacturers partly welcoming it but the civil society …

The banking industry except two credit institutions held strong capital buffers signalising increased resilience to potential shocks Kampala, Uganda | ISAAC KHISA | Uganda bank profits rose 27% in 2021 from the previous year as the economy partially recovered, but the industry’s future faces uncertainty due to the ongoing Russia-Ukraine …

  Koboko, Uganda | ISAAC KHISA | Uganda’s host and refugee households are having the same recovery proportions as the East African nation emerges from the coronavirus pandemic, preliminary findings from a recent study show. However, refugees in Koboko District recovered more than the host though still with lower Resilience …

Russia-Ukraine war could deter economic recovery leading to a rise in policy lapses and low new policy uptake and renewals Kampala, Uganda | ISAAC KHISA | Uganda’s insurance industry has recorded a gross written premium growth of 10% for 2021, to Shs 1.18trillion driven by enhanced distribution, customer confidence, risk …

Kampala, Uganda | ISAAC KHISA | UAP Old Mutual insurance company has seen its net profit nearly double from Shs 9.7billion in 2020 to Shs 17.2billion last year driven by increase in gross written premiums, better claims and expense management. The insurer, which owns 45% of UAP Old Mutual Properties …

But reopening of economy will boost growth in the year through June to 4.5% and 6% in 2022/23 Kampala, Uganda | ISAAC KHISA | Uganda risks going into a new borrowing spree in the event that the government extends subsidies to essential commodities to cushion the soaring prices, according to …

  But the country still has a lot of coffee that is still being dried on the ground Kampala, Uganda | ISAAC KHISA | Uganda’s coffee industry will seek new international market for their products to reduce over concentration on traditional buyers to boost farmer’s income. Coffee is the country’s …

The bank’s next focus is on delivering on the priorities set under its new strategic plan Kampala, Uganda | ISAAC KHISA | Pan-African multilateral lender, African Export-Import Bank, recorded a 10% growth in profit for the year 2021 to $387.3 million, demonstrating a strong and resilient growth. The inclusion of …