Majority of the Fund’s retirees are making wrong investment decisions Kampala, Uganda | JULIUS BUSINGE | It is now evident that savers need advice on how to invest their long time savings as they transition to retirement, according to Richard Byarugaba, the managing director of the National Social Security …
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Kampala, Uganda | THE INDEPENDENT | Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (‘ETI’), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a market opening ceremony to celebrate the successful listing of the Eurobond on the London Stock Exchange (LSE) …
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Kampala, Uganda | THE INDEPENDENT | In fulfillment of the constitutional requirement under Article101 (1) of the Constitution of the Republic of Uganda, President Yoweri Museveni will today deliver the State of the Nation Address, 2019. The president will gave accountability on particular government commitments and appraise the country of …
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Kampala, Uganda | THE INDEPENDENT | The call to operationalize Islamic Banking dominated Eid al Fitr prayers at Kibuli Mosque on Tuesday. Islamic banking is a system based on the Islamic economic guidelines in as far as the Sharia law is concerned. Under this system, the banks make profits through …
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Aya Chebbi is first youth envoy of the African Union. She spoke to Raphael Obonyo for the African Renewal on a range of issues affecting Africa’s young people. What do you hope to achieve during your tenure? I have a mandate to advocate for the implementation of the African Youth …
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Government expects petroleum firm to expedite data processing and interpretation Kampala, Uganda | RONALD MUSOKE | Nigerian firm, Oranto Petroleum Limited, has successfully completed its seismic data acquisition survey over the Ngassa block located near Uganda’s western border with the Democratic Republic of Congo. A seismic survey is a technique …
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Uganda Dairy sector transformation: where is the financial sector? COMMENT | Joseph Kiirya | Dairy is one of the few sectors witnessing a positive response in recent years to the Uganda government policy to commercialize agriculture. In the last four years, Uganda has witnessed an exponential growth in its dairy …
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Only nine insurance companies recorded approximately Shs40bn as profit Kampala, Uganda | ISAAC KHISA | Only nine out of 21 Non-life insurance companies operating in Uganda made profits for the year ended Dec.2018, data from the Insurance Regulatory Authority of Uganda shows. Jubilee, UAP, Sanlam, Britam, Goldstar, Alliance Africa, Statewide, …
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As its profit after tax drop more than seven times to Shs 6.8bn in 2018 Kampala, Uganda | ISAAC KHISA | The Kampala-based pharmaceutical firm, Cipla Quality Chemical Industries Ltd has hinted on a move to acquire a small company to boost its business growth. This comes at a time …
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Company’s executive describes the year as good, reveals plan to cut costs Kampala, Uganda | JULIUS BUSINGE | Clay products maker, Uganda Clays Limited has recorded an increase in total revenue from Shs27bn in 2017 to Shs30bn in 2018, according to its financial statements released on May 20. George Ihnolo, …
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