However, the industry has recorded growth in premiums Kampala, Uganda | ISAAC KHISA | It is no secret that the concept of insurance is pretty simple. In the exchange for a premium, an insurance firm agrees to compensate a policy holder for a specified loss, damage, illness, or death caused …
Read More »Collective investment scheme assets hit Shs173bn
The industry still grapples with limited awareness, inadequate skilled labour Kampala, Uganda | ISAAC KHISA | Assets held in Collective Investment Schemes (CIS) that includes savings and credit cooperative societies, local individuals, investment clubs, institutional investors and local companies in Uganda, has increased sharply over the last six years …
Read More »Uganda Airlines new CEO tasks ahead
Former CEO Ephraim Bagyenda appointed director engineering and maintenance Kampala, Uganda | ISAAC KHISA | The soon-to-be appointed CEO of the revived Uganda Airlines will have a challenging job ahead as he or she tries to identify the major shifts in the aviation industry and steer the company towards …
Read More »INTERVIEW: Russian companies have attractive market and investment in Africa
Kampala, Uganda | KHISA ISAAC | Andrei Slepnev is the Director General for Russian Export Center (REC), the organisers of the first ever Russia-Africa Economic Forum with the African Import Export Bank. He spoke to Russia News Agency about the opportunities that lies ahead of the summit. QUESTION: Russia-Africa Forum is …
Read More »Across Sub-Saharan Africa, tech-enabled micro-insurance is the next big thing
INSURANCE AND MOBILE PHONES: Policymakers across the region need to implement policies and practices that stimulate growth Kampala, Uganda | ISAAC KHISA | The Sub-Saharan African region is set to be the hotbed for mobile phone services as the young population owns more devices in the next six years. …
Read More »Global brands scramble for African market
Growing middle class, economy attracts investments in the hotel industry Kampala, Uganda | ISAAC KHISA | Nearly six years ago, 18 countries in Africa did not have any global branded hotel as prospective owners and operators did not see business opportunities. But this has now reduced to only five countries …
Read More »Reprieve to cane farmers as government allows export
The export is limited to the initial three months Kampala, Uganda | ISAAC KHISA | Sugar cane farmers in Busoga sub-region have received a limited reprieve to export their excess cane to the neighbouring Kenya, even as questions on how much impact it will cause to the local sugar millers …
Read More »American interest in Uganda’s GMO law
How U.S. funding for science set up a clash between parliament and Museveni Kampala, Uganda | RONALD MUSOKE AND ISAAC KHISA | When President Yoweri Museveni rejected the Genetic Engineering Regulatory Bill 2018, for the second consecutive time, his action left the Ugandan public polarized between local and international interests …
Read More »Umeme records Shs61.2bn net profit
Overall performance was hindered by a jump in tax expenses Kampala, Uganda | ISAAC KHISA | A nearly double growth in income tax expense bullied Uganda’s electricity distributor, Umeme, to record a merely 0.3% growth in net profit to Shs 61.2bn for the past six months ending June.30. The company’s …
Read More »Rent in Kampala’s city centre remain stable
Future real estate developments hinge on the newly passed Landlord-Tenant Bill Kampala, Uganda | ISAAC KHISA | Rent for office space in prime locations in Kampala City has remained stable for the past six months. Property agency firm, Knight Frank has attributed this to the increasing number of tenants seeking …
Read More »