Tag Archives: NIC

The company is eying regional markets including Kenya, Burundi, Northern Tanzania, DRC and South Sudan Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd will invest Shs 17.8billion to acquire more land with clays and boost production amidst the escalating competition in the baked clays products market. Martin Kasekende, the …

Kampala, Uganda | THE INDEPENDENT | Uganda’s National Insurance Company (NIC) women’s team and Kampala University men’s team are the champions of the East Africa Club netball championships. NIC were crowned champions Saturday after defeating KCCA 44-35 in the final played at Kamwokya Christian Community Arena. Captain Stella Oyella was NIC’s …

By Patrick Kagenda Samson Akinwale is the General Manager of the National Insurance Corporation (NIC). He talked to The Independent’s Patrick Kagenda about the performance of the insurance industry. What are the challenges the insurance industry is facing? As you are aware that insurance’s contribution to GDP continues to be …

By Patrick Kagenda No official numbers yet but word on the street is that National Insurance Corporation’s Shs 7 billion Initiation Public Offer (IPO) was over-subscribed. “This IPO went very well under the circumstances of a small amount of shares issued. When you have an issue this small worth only …

By Patrick Kagenda But problems have just begun for the university staff as NSSF sues them for Shs 50 billion breach When National Insurance Corporation (NIC) issued its Initial Public Offer (IPO) On Dec 31 the Makerere University Academic Staff Association (MUASA) leader, Tanga Odoi, interrupted the event with a …

By Patrick Kagenda Who would want to put their money in a company whose net worth is not clear? Since the National Insurance Corporation (NIC) issued its long awaited Initial Public Offer (IPO) on December 31, 2009, the event has raised several questions that remain unanswered. Top on the list …