Dogo Singh, the Principal Insurance Officer of Stanbic Bank At one percent, insurance penetration in Uganda remains low, but products like bancassurance, are steadily improving public perception about the advantages of being insured and Stanbic Bank continues to hold a leading position in the market. Bancassurance is a partnership that
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Officials of CCBU pose for a photo with the graduate trainees In 2021, the National Planning Authority (NPA) reported that 87% of Ugandans who had completed their education are unemployed and 20% of those that find jobs are underemployed due to reasons like lack of actual skills needed by the job market.
Read MoreGov’t Seeks To Inject More Shs274bn Into Atiak Sugar Factory As Struggling Company On Brink Of Being Taken Over By Equity Bank
Amina Moghe Hersi, the CEO of Atiak Sugar Factory Government has asked Parliament to approve the injection of Shs274.11Bn into controversial Atiak Sugar Factory so as to save the company from being taken over by Equity Bank. Government says this will resuscitate the company that ceased its operations in April
Read MoreGov’t Bails Out Abubaker Technical Services With Shs26bn As Local Construction Company Struggles To Pay Bank Loan
Abubaker Technical Services on duty/ courtesy photo MPs on Parliament’s Budget Committee have queried the decision by Government to bailout construction company, Abubaker Technical Services and General Supplies Limited through the acquisition of 7% shares valued at Shs26.15bn, yet there are many construction companies wallowing in debt due to the failure
Read MoreAs Uganda joins the rest of the world in marking World Water Day, water and energy solutions firm Davis & Shirtliff is calling for more investments in solarized water pumps to help the country build more resilience by creating a strong resistance to shifts in rainfall caused by climate change or
Read MoreYouth discussing technology on Saturday Bonny Omara, the Lead Engineer on the team that designed Uganda`s first-ever satellite into the international space station has urged Ugandan youth to embrace technology. Omara, who with two other Ugandans alongside Japanese engineers worked on the multinational satellite design program who developed it alongside
Read MoreAfrican armyworms eating up a crop Nakaseke District authorities have petitioned the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) over the outbreak of African armyworms. The African armyworms are caterpillars that march across the landscape in large groups feasting on young plants and leaving colossal devastation. Some of the
Read MoreMakerere University main gate Hillary Odwee Oremo, a third-year bachelor of Journalism and Mass Communication student at Makerere University has petitioned the University Council to scrap the 15 percent annual tuition increment for privately sponsored students. Odwee’s petition comes a few months before the expiry of the two-year suspension on
Read MoreIf you still think that fiat is a make of car and a ramp is something that makes it easier to wheel your trolley, you probably haven’t yet begun trading cryptocurrency. And that’s probably because there’s a lot you don’t know about it. One of the reasons that many people
Read MoreStudents of St. Matia Mulumba Primary school with Dr. Chapman and MD Unilever Joanita Menya The World Health Organisation recommends a dentist-population ratio of 1 dentist per 7,500 people, yet in Uganda, the ratio is one dentist per 146,000 people according to the Uganda Dental Association. Such lack of access to professional
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