Life insurance product buyers are set to enjoy more accurate pricing for life insurance products following the launch of the Assured Lives Mortality Tables by the Insurance Regulatory Authority of Uganda (IRA)
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Uganda needs to create sufficient and quality jobs by accelerating a sustainable and inclusive economic transformation to resume the path of inclusive growth and poverty reduction, according to the World Bank Group’s 2021 Systematic Country Diagnostic (SCD) Update for Uganda released today.
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PostBank’s net profits grew 22% to sh12.5 billion from sh10 billion as at end of December 2021 as earnings from its key income sources improved despite a tough operating climate.
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We caught up with the newly appointed Managing Director of MTN Mobile Money Uganda Limited, RICHARD YEGO, for his initial interview with the media since his appointment, during which he discussed the company’s focus for the year and shared insights on the mobile money industry.
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This was revealed by Henry Musasizi, the state minister of Finance and Planning in charge of general duties while appearing before parliament’s finance committee on Wednesday to defend the ministry’s budget for financial year 2022/2023.
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An unexpected drop in subscribers sent Netflix shares into freefall Wednesday, forcing the company to consider experimenting with ads and — hold onto your remote — cracking down on millions of freeloaders who use passwords shared by friends or family.
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Driving this trend in low-and-middle-income countries, where over a billion people remain unbanked, mobile money has helped millions of unbanked people access financial services for the first time, tackling over-reliance on cash.
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Uganda made a very significant step towards realising its first oil fortunes. We witnessed the announcement of the Final Investment Decision (FID) for Uganda’s oil and gas Projects by the Total Energies EP Uganda, CNOOC Uganda Limited, the Uganda National Oil Company (UNOC), and the Tanzania Petroleum Development Corporation (TPDC).
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Uganda Clays Limited has posted sh5.9 billion in net profits for the year ended 2021, marking its second consecutive year of recovery in profitability.
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Standard Chartered is leaving seven countries in Africa and the Middle East where it is sub-scale as it seeks to improve profits by narrowing its focus to faster-growing markets in the region, it said on Thursday.
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