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Tag Archives: Mergers

Government urged to fast-track merger of agencies

Kampala, Uganda | THE INDEPENDENT | Government has been urged to fast-track the cabinet decision to merge, mainstream and rationalise public institutions and agencies to facilitate efficient public expenditures. This is contained in the report of the Committee on Public Service and Local Government on the sector ministerial policy statements for 2022/23 …

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Mergers, acquisitions loom for insurers

Smaller insurers face take-overs from bigger players Kampala, Uganda | ISAAC KHISA | A new push by the regulator to financially strengthen the country’s insurance industry is likely to trigger a wave of mergers and acquisitions as firms race to comply with new minimum capital requirements. The new developments were communicated …

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Mergers and exits inforex market

Bureaus race to beat deadline on Rwf50m minimum capital Kampala, Uganda | STEPHEN NUWAGIRA | The new regulations by the central bank requiring forex bureaus to hire qualified staff and deploy ICT systems in their operations, among others, have left casualties along the way with some firmsexiting, according to the regulator …

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