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Dormant Laws Killing Uganda’s Insurance Industry — Experts

BusinessFocus Reporter February 24, 2017February 28, 20170

Failure to implement existing laws have played a big role in the slow growth of Uganda’s insurance industry, players say. According to the Uganda Insurers Association (UIA), non- enforcement of the compulsory insurances; Motor Third Party Insurance, Workers Compensation Insurance and Marine Insurance have seen Uganda lag behind her counterparts

BATU Profit Drops By 25% as Tough Economy Bites

BusinessFocus Reporter February 21, 2017February 24, 20170

British American Tobacco Uganda (BATU) net profit have reduced by 25% to Shs7.8bn in 2016, down from Shs10.4bn recorded in 2015, thanks to the tough economic situation in 2016. Its profit before tax stood at Shs11.1bn, down from Shs11.9bn in 2015. The profit relate to cigarette business only owing to