The new technology extends relief to insurers to curb industry fraud Kampala, Uganda | ISAAC KHISA | For many years, Uganda’s insurance firms have failed to grow the Motor Third Party Insurance business amidst a surge in the number of vehicles on the roads as a section of motorists resorted …

The decision follows BoU’s directive to support cash flow in the economy Kampala, Uganda | ISAAC KHISA | Stanbic Uganda Holdings Ltd (SUHL) has cancelled its proposed dividend payout of Shs 5.06 per share or a total of Shs110bn to its shareholders, citing central bank’s decision to decline to the …

The current situation place the country’s businesses in a disadvantaged position compared to their peers in the region       Kampala, Uganda | ISAAC KHISA | Fuel consumers in Uganda could have been in a celebration mood as they reap benefits of reduced prices of the precious commodity that drives many economies …

Economists suggest that the government needs to balance investment in development and productive sectors Kampala, Uganda | ISAAC KHISA | Uganda government plans to borrow Shs8.73 trillion from local and international lenders to fund the bloated Shs 45.4trillion budget amidst the coronavirus pandemic threat. According to the Ministry of Finance …

What experts say about Shs45.4tn, debt, taxes Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | The 2020/21 national budget read on June 11 has been criticised by experts as weak on all fronts; from its stimulus and bailout programmes to the manner in which its figures were arrived at …

Gross underwritten premiums to plummet in 2020 THE INDEPENDENT | ISAAC KHISA | A surge in claims and management expenses saw Uganda’s nonlife insurance firms record 8% drop in profit to Shs17.93bn for the year ended Dec.2019. However, the industry executives said there is nothing to worry about since the …

  How People Power, JEEMA, FDC are uniting against Museveni THE INDEPENDENT | ISAAC KHISA | The steps President Yoweri Museveni and his government have taken to contain the coronavirus disease COVID-19 pandemic will make a big difference in the upcoming 2021 general elections. But to whose advantage? Watching these …

The delay and postponement of 2020 AGMs means that the final dividend payment may not be paid on time Kampala, Uganda | ISAAC KHISA | Now Uganda’s listed companies have until July.30 to hold their Annual General Meetings and determine their future growth, according to Paul Bwiso, the Uganda Securities …

 The law seeks to allocate at least 40% of sub-contracts in public procurement to local companies Kampala, Uganda | ISAAC KHISA | For quite a while, Uganda’s entrepreneurs have been lagging behind owing to the stiff competition from big foreign firms. But this could soon come to an end following …

Private sector present various stimulus packages to government on how kick-start business activities back to normal growth curve Kampala, Uganda | ISAAC KHISA | Life is slowly returning to normalcy in Uganda’s towns save for those that lie on the borders with neighbouring countries. Shops and restaurants are back to …