Kampala, Uganda | Julius Businge | Britam Insurance Company (Uganda) Limited and Britam Asset Managers Company (Uganda) Limited have noted baseless rumours about a potential exit of the company from the Ugandan market, executives said in a press statement dated Jan.20. The statement adds: “Britam Uganda, through its holding company …
Read More »Implementation of AfCFTA pact to help boost intra-African trade: UNECA chief
Addis Ababa, Ethiopia | Xinhua | The implementation of the African Continental Free Trade Area (AfCFTA) agreement should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the UN Economic Commission for Africa (ECA) Acting Executive Secretary Antonio Pedro has said. “While the AfCFTA’s promise is …
Read More »Speaker directs 5 to investigate NSSF as Minister Amongi grilled in parliament
Kampala, Uganda | THE INDEPENDENT | The ongoing saga at the National Social Security Fund (NSSF) took yet another turn Thursday when Speaker of Parliament Anita Among formed a select committee to investigate claims of corruption and infighting at the fund. She said she was doing this to help restore public faith in …
Read More »Farmfluencers: African Farmers are reaping bumper harvests through Social Media
From Tik Tok to Facebook, Instagram to YouTube, tech-savvy farmers are harnessing the power of the internet to network, share knowledge, and sell products and services. Nairobi, Kenya | BIRD AGENCY | Francis Muiruri, a 31-year-old Kenyan farmer, has found a new income stream on social media; selling information. As …
Read More »TikTok awards top creators in Africa
Content creators from Kenya, Nigeria and South Africa dominated the inaugural TikTok Top Content Creators Awards 2022 Nairobi, Kenya | BIRD AGENCY | Former rugby player turned food vlogger Dennis Ombachi, also known as @theroamingchef, emerged victorious at the inaugural TikTok Top Creator 2022 Awards. The Kenyan content creator, …
Read More »Dr. Jacqueline Kitulu to head Rocket Health board
Rocket Health appoints Dr. Kitulu as board chairperson and Stephen Dimba Odhiambo as Chief Commercial Officer Kampala, Uganda | THE INDEPENDENT | Leading telemedicine provider Rocket Health has taken a step to raising its level on the corporate governance front by appointing Kenyan health expert Dr. Jacqueline Kitulu, as the chairperson of …
Read More »Residential land prices in affluent suburbs of Kampala falls
The residential pipeline activity remains high, with apartment units in Naguru, Kololo and Nakasero coming online in the next 2 years Kampala, Uganda | THE INDEPENDENT | Residential land prices in Kampala’s affluent suburbs dropped by approximately 10% in the second half of 2022 owing to an increased supply of re-development …
Read More »Kenya Airways stays off NSE as government hunts for buyer
The airline’s shares will stay off the NSE for another 12 months as the airline restructures ahead of a potential sale Kampala, Uganda | Leo Komminoth | Kenya Airways shares have been suspended from trading for an additional year from 5 January, according to a statement from the Nairobi Stock Exchange. The …
Read More »Insurance sector regulator outlines 2023 priorities
Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda Chief Executive Officer Kaddunabbi Ibrahim Lubega anticipates a good year for the insurance sector supported by improved economic performance in all sectors. Speaking at the CEO breakfast meeting held in Kampala at the end of last year, Kaddunabbi said, …
Read More »Stanbic unveils 2023 financial relief packages
Kampala, Uganda | THE INDEPENDENT | As the economy continues to grapple with high inflationary pressures and challenges related to global economic and political turmoil, financial sector players are unveiling plans for customers to remain afloat hoping that the situation will normalize. On January 12, Stanbic Bank unveiled ‘a financial relief …
Read More »