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Tag Archives: Isaac Khisa

Kenyan cooperative insurer makes bold move in Uganda

CIC Insurance Group seeks Shs7.25billion in share offer to fund expansion Regional insurance firm, CIC Africa Insurance holds just 0.01% of Uganda’s insurance business but it has signaled its determination to change that with plans offer shares to selected Ugandan cooperatives and Savings and Credit Cooperative Societies (SACCOS). The plan …

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Uganda’s economy sound, says IMF

The economy isn’t in such a bad shape as earlier thought, the International Monetary Fund (IMF) has said in its latest assessment. Speaking at the conclusion of a two-week’s 7th review of Uganda’s economic programme under the Policy Support Instrument (PSI), Axel Schimmelpfennig, the IMF Mission chief, said the country’s prospects …

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Rwanda rebounds in doing business ranking

Once again Rwanda has recorded improvement in its global ease of doing business ranking. It is the sixth year in a row that Rwanda is maintaining a high ranking in the World Bank index which rates countries on how easily a business can be set up and how it is …

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Who will take UNCCI top job?

Coffee entrepreneur Rugasira set to tussle it out with incumbent Olive Kigongo for UNCCI presidency As the Uganda National Chamber of Commerce and Industry (UNCCI) goes to the polls to elect new leaders, the battle lines have been drawn for the top job. Among those set to be elected in …

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Battle over film money in Uganda

Uganda’s film industry has five faces – and almost everyone is in it for the money. Unfortunately, as their interests clash, the industry suffers. Take Cindy Magara, a film producer with a company called Nyati Motion Pictures. Her biggest quarrel is about film producers being left to fund what she …

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Ugandans face South Sudan debt headache

 Government moves to get South Sudan pay up multi-million dollar debt to Ugandan traders Over the last nine years, Appolo Nyagamahe, the proprietor of the Aponye Enterprises, has been going through a period of bitterness. Since 2008, he has suffered the ordeal of being forced to liquidate some of his …

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