However, experts emphasize building trust and financial literacy to attract more customers Kampala, Uganda | ISAAC KHISA | Nairobi-based insurtech firm, Turaco’s decision, to unveil operations in Uganda to provide medical insurance has signalled an immense potential for the growth of microinsurance in emerging markets, especially across Africa. Launched four years …
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Kampala, Uganda | THE INDEPENDENT | At least 200 lucky parents stand a chance to win cash prizes worth Shs100 million when they pay school fees for their children through FlexiPay or Stanbic Bank agent banking channels, courtesy of a six-week back-to-school cashback promotion aimed at supporting guardians return their kids …
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Kampala, Uganda | THE INDEPENDENT | East Africa’s biggest festival, ObaFest, will be held next month courtesy of Bell Lager. Beer festival Obafest celebrates East African . Bell ObaFest 2023 is set to be a monumental celebration of East African cuisine, music, and culture that brings people together to savour the region’s …
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The oil company records 20 million man-hours without lost time incidents Kampala, Uganda | JULIUS BUSINGE | TotalEnergies EP Uganda on September .12 achieved a significant safety milestone on the Tilenga project by completing 20 million man-hours without any Lost Time Incidents (LTI). An LTI is defined as a workplace injury …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s financial industry is still a step away from being internationally blacklisted over safety concerns, more than three years after the alarm was sounded by the Financial Action Task Force, FATF. FATF, an intergovernmental organization that monitors the global financial industries for financial crime, examined …
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Addis Ababa, Ethiopia | Xinhua | Ethiopian Airlines eyes tapping the surging market in China via opening new flights, using Addis Ababa, the capital of Ethiopia, as a gateway to Africa, chief executive officer of Ethiopian Airlines Mesfin Tasew has said. “China is a very important market for Ethiopian Airlines. …
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Amuru, Uganda | THE INDEPENDENT | Atiak Sugar Factory intends to gradually change to another sugarcane variety, more suited to irrigation and resistant to fires. The old sugar cane variety was a mixture of two varieties, NCO-245 and 511, which were rain-fed and prone to fires. However, the new varieties, which …
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Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development has launched the 2024/2025 national budget process, with the aim of growing the economy by at least 6 percent during the year and 7 percent in the medium term. The Theme for the next budget remains …
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Kampala, Uganda | THE INDEPENDENT | Geoffrey Byamukama, a 30-year-old businessman, said he got tempted to put some of his money into schemes promising quick riches. He tried two of these investment plans that his friends recommended, but they didn’t deliver as promised. He ended up losing all his money …
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Moroto, Uganda | THE INDEPENDENT | Moroto District leaders have welcomed the construction of a cement and clinker factory. The 1.1 Trillion Shillings factory is being set up by West International Holding Limited, a subsidiary of China West Cement Limited (stock code 2233. HK), a Hong Kong-listed company. It is …
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