Kampala, Uganda | THE INDEPENDENT | Introduced in 1974, Sanlam Awards for Excellence in financial journalism are now open to Ugandan journalists. The awards are the premier financial journalism awards in South Africa and have become a prestigious event and fiercely contested accolade. The company’s Chief Executive Officer for Uganda, Gary …
Read More »Sanlam General Uganda appoints new executives
Kampala, Uganda | ISAAC KHISA | Sanlam General Insurance Uganda has appointed two senior executives in an ongoing re-organisation of the firm’s management following the US$6.5 million acquisition of Lion Assurance Company (LAC) and rebranding last month. Ambrose Kibuuka has been appointed as General Manager, Commercial Business Division and Donato Laboke, …
Read More »New acquisition boosts Sanlam’s market share
The company acquired LAC at US$ 6.5million Kampala, Uganda | JULIUS BUSINGE | South Africa-based financial services firm, Sanlam, has upgraded its market share in Uganda with the acquisition of Lion Assurance Company (LAC) at US$6.5million. This follows approval from the Insurance Regulatory Authority of Uganda (IRA-U) nearly two weeks …
Read More »Sanlam finally announces Lion Assurance acquisition deal
Kampala, Uganda | JULIUS BUSINGE | On Nov. 21, Sanlam Emerging Markets Proprietary Limited (SEM) announced that its subsidiary, Sanlam General Insurance Uganda Limited (SGIU), had successfully concluded the acquisition of close to a 100% interest in the share capital of Lion Assurance Company Limited (LAC) in Uganda, from Trans Industries …
Read More »Sanlam moves to take-over Lion Assurance
Sanlam moves to take-over Lion Assurance: Industry regulator says merger is major boost to local industry Kampala, Uganda | ISAAC KHISA | South Africa-based financial services firm, Sanlam, controls just 2% of Uganda’s insurance business but it has shown its determination to upgrade its market share with the planned …
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