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GA insurance is open to organic growth

Kampala, Uganda | PATRICIA AKANKWATSA | Francis Kamau is the CEO of GA Insurance. He spoke to The Independent’s Patricia Akankwatsa in an interview about Uganda’s insurance growth prospects. GA Insurance entered the Ugandan market through the acquisition of Nova Insurance Company nearly four years ago. How has business been so …

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KNIGHT FRANK: Kampala condominiums too expensive for market

Kampala, Uganda | THE INDEPENDENT | A top property manager and consultant has warned developers about developing condominium units of housing without putting the market preference in mind. A condominium is a building structure divided into several units which can be separately owned, while the separate owners jointly own some …

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Fitch Assigns UDB Long-term Rating of ‘AAA

Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank has been assigned a National Long-term Rating of ‘AAA (uga)’ with a Stable Outlook, the highest attainable on Uganda’s national scale. Assigned by Fitch Ratings, a world-renowned international credit rating agency, the Bank was also assigned a Long-Term Issuer Default Rating (IDR) …

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UTB resumes grading, classification of hotels

Kampala, Uganda | JULIUS BUSINGE | Uganda Tourism Board has started a nationwide grading and classification exercise for hotels and other tourist facilities. This was revealed at a news conference held in Kampala on Aug.2 by Lilly Ajarova, the chief executive officer of UTB, Uganda Hotel Owners Association Chairperson and Vice …

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Multichoice gives chance to film actors

Kampala, Uganda | THE INDEPENDENT | On July 27, MultiChoice Uganda through the Group’s flagship Corporate Social Value (CSV) programme, MultiChoice Talent Factory (MTF) announced a call for enrollment in short online courses for film industry actors. The fully-funded introductory TV production short online courses will be conducted by MTF in …

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