Josephine Mutabuza, Absa Bank Uganda’s Head of Bancassurance Bancassurance is booming and is expected to increase Uganda’s insurance penetrations that remains below 1% as banks increasingly sell insurance products to their customers. Bancassurance is a simple term coined by combining two words, bank and insurance. Commercial Banks are adopting it
Read More
John Gemin, the Emirates Uganda Country Manager Emirates recently resumed flights to Uganda, albeit with a scaled down frequency. We caught up with John Gemin, the Emirates Uganda Country Manager to give us insights into what the aviation sector is currently going through and what it is that they have
Read More
Ian Rumanyika, the Public & Corporate Affairs Manager at URA Should farmers pay taxes? How does Uganda Revenue Authority (URA) tax farmers? These are some of the widely discussed questions in many farming WhatsApp Groups. During the Economic Summit held at Serena Hotel on November 27, 2019, Finance Minister Matia
Read More
World Bank Chief Economist Carmen Reinhart (pictured above) said the coronavirus pandemic is turning into a major economic crisis and warned of the possibility of a financial crisis emerging. “This did not start as a financial crisis but it is morphing into a major economic crisis, with very serious financial
Read More
UNBS Executive Director Dr. Ben Manyindo For the very first time since March 2020 when the smuggling of Kenyan salt brand with ‘FOR SALE IN KENYA ONLY’ inscription intensified, Uganda National Bureau of Standards (UNBS), the Government’s regulatory Agency responsible for enforcement of quality, standardization and assurance, and Uganda Revenue
Read More
NWSC boss Sliver Mugisha The COVID-19 pandemic has adversely affected both private and public entities. One of the Governments owned an institution offering an essential service that has been hit hard by COVID-19 induced lockdown is National Water and Sewerage Corporation (NWSC). In an interview, Dr Silver Mugisha, the Executive
Read More
Ian Rumanyika, the Manager Public & Corporate Affairs at URA Uganda Revenue Authority (URA) will effective July01, 2020 introduce the Electronic Fiscal Receipting and Invoicing System (EFRIS) in Uganda. In an exclusive interview with Business Focus on Wednesday June17, 2020, Ian Rumanyika, the Manager Public & Corporate Affairs at URA
Read More
The Executive Director of Uganda Hotel Owners Association (UHOA), Jean Byamugisha has revealed how COVID-19 has hit hard Uganda’s hospitality industry. She says hotels in Uganda have so far furloughed over 400,000 staff. A furlough is a temporary leave of employees due to special needs of a company or employer,
Read More
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva (pictured) said during her speech going into the IMF’s 2020 Spring Meetings yesterday that the Fund is working 24/7 to support our member countries—with policy advice, technical assistance and financial resources. In this FAQ: The IMF's Response to COVID-19 , you
Read More
When the first cases of coronavirus were detected in December 2019, no one could have ever predicted that it would lead to a pandemic, with countries having to place travel restrictions, close down schools, and ask their citizens to self-isolate and stay home. However, with each passing day, there are
Read More
