Tag Archives: Isaac Khisa

Top six banks registered collective net profit of Shs 620bn Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks surpassed investor expectations with 14 of the 15 banks that have published their financial performance results posting good profit margins in 2018, analysis by The Independent shows. Banks like Stanbic, Centenary, …

Hilton Hotels & Resorts is committed to two hotels in Uganda – Hilton Garden Inn and Hilton Kampala – to serve different market segments. Samantha Muna, the director of development for the hotel brand in East Africa spoke to The Independent’s Isaac Khisa about their plans and opportunities in the …

Insurer’s losses more than triple to Shs 6.39bn in 2018 Kampala, Uganda | ISAAC KHISA | Cooperative Insurance Company Africa Uganda Ltd, commonly known as CIC insurance, recorded a sharp drop in profits last year but management assures its shareholders that everything is in control. The company’s financial results for …

The lender records a 21% drop in net profit to Shs 17.2bn in 2018 owed to increased expenditure Kampala, Uganda | ISAAC KHISA | BRAC, one of the largest microfinance providers in Uganda, has become middle-sized commercial bank also known as a Tier II credit institution, paving way for its …

MD accused of recruiting relatives, forging financial statements and failing to comply with government’s development plan Kampala, Uganda | ISAAC KHISA | The Managing Director for Uganda Posta Limited, James Arinaitwe, is caught up in a fight to secure a ‘third term’ following the expiry of his contract last month, …

The agreement will have to dodge a patchwork of trade regulations and tariffs that make intra-African commerce costly | Shoshana Kede | Excitement was palpable throughout the region as the dream for a continental free trade area in Africa got the final ratification needed to become a reality this month. …

The challenge is that only two sub counties will be selected in the selected districts Kampala, Uganda | ISAAC KHISA | Like in most communities in Uganda, rural women in West Nile and Karamoja regions have limited access to resources to cater for their families. They have to search for …

The lender’s cost cutting strategy delivered good returns Kampala, Uganda | ISAAC KHISA | Uganda’s largest commercial bank, Stanbic Bank, seem to have surprised its investors with a 7% growth in net profit to Shs 215bn in 2018, closing out the year that the banking industry generated some Shs 700bn …

  Telecoms subscriber base reaches 11.3million Kampala, Uganda | ISAAC KHISA | MTN Uganda has recorded a 4.4% rise in revenue to Shs1.38 trillion for the year ending December 2018 owing to increase in customer numbers, data and fintech services. The company’s financial statements shows that its customer numbers rose …

  Franziska Leischker is the director at Xsabo Foundation in Uganda. She spoke to Isaac Khisa about the opportunities of their new product dubbed Fancy Pad. Briefly tell us about the Fancy Pad project. Why did you decide to come up with such a project? The “Fancy Pad” project is …