Uganda’s insurance boom is failing to reach the majority Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance industry is being forced to confront an uncomfortable truth: it is growing, but it is not yet protecting most Ugandans. That was the central message at the 4th Annual Insurance Agents …
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ICEA LION pushes data-driven trust in evolving insurance landscape Mbarara, Uganda | NEWS CORRESPONDENT | Uganda’s insurance sector arrived in Mbarara carrying more than conference bags and business cards. It brought with it a quiet tension, a question hanging in the air like unclaimed luggage, can the industry grow …
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Kampala, Uganda | NEWS FEATURE | Uganda’s insurance penetration remains among the lowest globally, with some segments like motor insurance still struggling to gain traction. Many individuals view insurance as unnecessary or inaccessible, often until they experience loss firsthand. Godfrey Benegura has made it his mission to change that narrative. “Most …
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Kampala, Uganda | NEWS CORRESPONDENT | Insurance penetration in Uganda remains low, often hindered by misconceptions and lack of awareness. According to experts, one of the biggest challenges is convincing people that insurance is not a luxury but a necessity. “It’s difficult because many people think insurance is not …
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Kigali, Rwanda | THE INDEPENDENT | Ugandan business writer Isaac Khisa has been named the overall winner of the 2026 Pan-African Re/Insurance Journalism Awards, announced during the 11th Continental Reinsurance CEO Summit held in Kigali, Rwanda, on April 17. Khisa also won the English Print Category for his article …
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Kampala, Uganda | THE INDEPENDENT | Minister of State for General Duties at the Ministry of Finance, Planning and Economic Development, Henry Musasizi, called on industry stakeholders to embrace innovative solutions to grow Uganda’s insurance market during the 2025 Annual Insurance Innovation Awards held recently in Kampala. Musasizi noted that …
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COMMENT | MOSES MUGALU | The charred remains of Katwe Market tell a story no entrepreneur ever wants to live through. After the devastating fire on the night of March 15, 2026, hundreds of traders woke up to a harsh reality: years of hard work reduced to rubble in …
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This development comes at a time when African trade continues to face constraints including limited risk capacity, high insurance costs and dependence on foreign markets NEWS ANALYSIS | THE INDEPENDENT | AfrexInsure, the speciality insurance unit wholly owned by the African Export-Import Bank, has appointed Lesley Ndlovu as chief …
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Kampala, Uganda | JULIUS BUSINGE | Ugandans have been urged to embrace insurance as a critical tool for safeguarding their future, livelihoods and businesses, as the 6th Annual Insurance Week was officially launched at Constitutional Square in the heart of Kampala on March 23. The week-long event, which began with …
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Kampala, Uganda | THE INDEPENDENT | Over 450 delegates are expected in Mbarara next month as brokers shift focus to SMEs and individuals to expand insurance penetration. The Insurance Brokers Association of Uganda (IBAU) is set to host its 8th Annual Conference with renewed momentum after ICEA LION General Insurance …
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The Independent Uganda: You get the Truth we Pay the Price
