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Analysis & OpinionsInsurance

Part One: Takaful Insurance and Uganda’s Inclusion Dilemma

Alhaj Kaddunabbi Ibrahim Lubega officiated at the launch of Certificate in Takaful, Insurance for Non-Insurance Professionals. For decades, Uganda’s insurance sector has struggled with persistently low penetration, hovering around one percent of GDP. Despite steady growth in the number of licensed insurers, large segments of the population remain uninsured due

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AgribusinessNews

Northern Uganda: Gov’t Opts For UGX5M Cash Payout Per Household In Cattle Restocking Programme

Cattle in a community Kraal in Adilang Town Council in Agago district set up for curbing cattle theft by suspected Karimojong warriors. The government will pay 5 million shillings in cash to each household in Northern Uganda, instead of distributing live cattle to conflict-affected regions. The decision was taken during

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News

Tycoon Mukesh Loses Battle To Late Katatumba, Court Orders Him To Pay UGX14bn For Illegally Occupying Part of Shumuk House

Mukesh Shukla appearing before the Parliament's select committee Businessman Shukla Muskesh and his businesses, Shumuk Springs Development Ltd, Springs International Development Hotel Ltd and Shumuk Financial Services Ltd have been illegally occupying part of Shumuk House, the High Court Commercial Division has ruled. This follows a protracted legal battle between

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News

Building For Generations To Come: Museveni Commissions US$130M Hoima City Stadium ‎

President Yoweri Museveni and First Lady, Janet Kataha Museveni inspecting the stadium during its official commissioning  President Yoweri Kaguta Museveni on Tuesday commissioned the 20,000-seater Hoima City Stadium in the Bunyoro sub-region, declaring it a clear signal of Uganda’s readiness to host major regional, continental, and international sports events.‎ ‎The

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Analysis & OpinionsEntrepreneurship

Inside Women-Owned Businesses the GoU Has Sustained, Supported to Expand Using GROW Money Provided By the World Bank

With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that hitherto were male-dominated.  

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EntrepreneurshipNews

How 50m From World Bank-Funded GROW Project Enabled Mbarara Perfect Touch Salon Proprietor Become a Diversified Entrepreneur

For now 15 years, Mbarara City-based Perfect Touch Salon owner Racheal has been a renowned salon operator in Western Uganda's busiest and fastest growing metropolis. She relies on her 26 employees to keep quickly attending to hundreds of women who keep flocking her much sought after salon to have their

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Analysis & OpinionsEntrepreneurship

What Exactly Has the GoU Been Seeking to Achieve for Women Through the World Bank-Funded GROW Project?

President Museveni launching the GROW Project For these five years (2021-2026) of government, the government of Uganda's focus has chiefly been economically transformation millions of Ugandan households through Parish Development Model (PDM), an intervention through which each of Uganda's 10,717 parishes is given Shs100m per year. The money is to

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