Qn1. How has your journey been since acquiring Compuscan CRB in 2019? Since the acquisition of Compuscan CRB in 2019, Experian Uganda CRB has grown its product offering. Our clients can now access world-class credit decisioning tools and software. Advanced credit analytics and decisioning tools allow clients to make better business decisions. Through the combined […]
Insights
Employee Mental Wellness-Covid-19
Excerpts by Arjun Mallik, Managing Director Prudential East Africa. Historically the extended family is consulted to solve problems and unfortunately, that network is not as reliable as a result of COVID. As a result, organisations should provide support for employees as a routine aspect of their operations – if staff are cared for, the wider […]
YOU WANT TO SHAPE CULTURE? ADVERTISE & COMMUNICATE SENSITIVELY & SENSIBLY
What should we say? How should we say it? When should we say it? Which channels should we use to say it? These are more or less the questions that often form some of the successfully executed marketing campaigns across the world. After 8 years of working in the advertising industry, I have had the […]
COVID-19 CREATES FUNDAMENTAL SHIFTS IN AFRICA’S CONSUMERS
Johannesburg, 26 May 2020 – The COVID-19 pandemic has given rise to a new kind of African consumer who is already displaying fundamental shifts in consumption and purchase behaviour driven by factors such as heightened health awareness, a focus on quality and safety, a renewed desire to stay at home and a tight wallet squeeze. […]
The Big Failure of Small Government
By Mariana Mazzucato and Giulio Quaggiotto LONDON – Decades of privatization, outsourcing, and budget cuts in the name of “efficiency” have significantly hampered many governments’ responses to the COVID-19 crisis. At the same time, successful responses by other governments have shown that investments in core public-sector capabilities make all the difference in times of emergency. […]
East Africa’s Oil Industry: A New Story in the Making
The recent acquisition by Total of Tullow Oil’s entire interests in the Lake Albert Development Project in Uganda, including the East African Crude Oil Pipeline, marks the beginning of a new chapter for East Africa’s energy industry. To dissect the deal and discuss its wider implications for the region, a webinar was organized with leading […]
The impact of Covid-19 on the mining sector
The World Health Organisation (WHO) has declared the COVID-19 outbreak a pandemic. At the time of writing, there are over 3 million confirmed cases across the world. Even the most optimistic analysts expect a global recession. Mining companies have been affected by COVID-19 outbreaks, and global restrictions to encourage social distancing have meant that mining […]
Hospitals defrauding Insurance Firms: How it may affect Uganda’s National Health Insurance Scheme
Insurance Companies in Uganda are at war with several hospitals and medical facilities over what they have termed as theft or fraud in the medical and health insurance policies. Major insurance companies have terminated their medical/health insurance policies with some hospitals/ health facilities saying they are conniving with patients to defraud them. Jubilee Insurance was […]
Geopolitics: Why Multinationals are exploiting Africa
Poverty and Africa: Those are terms that seem to correlate in the minds of many. But Africa holds 30% of the world’s known mineral reserves. With oil, gold, diamonds and rare minerals, Africa is blessed with abundant resources. So what has left the continent stripped of the benefits of its unique selling points? Some point […]
Will Uganda ever see its first oil?
With Kenya already in the league of Oil Exporting Countries, Uganda is still struggling with tax disputes despite being the first country to discover oil in 2006 amongst the East African Community Member states. Kenya this week became the first East African country to export oil to an international market when President Uhuru Kenyatta, at […]
How Bancassurance has transformed Uganda’s insurance sector
Before the introduction of Bancassurance, Uganda’s insurance sector was growing at barely less than 5%. However, the introduction of Bancassurance has given redemption to Uganda’s insurance sector with it now growing at 18%. Recent results released by the Insurance Regulatory Authority for 2018 indicate that Banks only collected a whopping Us$ 5.2million (Ush 19 billion) […]
Sanlam Life registers 42% growth, offers huge benefits
Sanlam Life Insurance (U) Ltd has said that it will offer a bonus of 8% to all its policyholders after the insurance company recorded a 42% growth in its business in 2018 with a 58% growth in assets. According to the Company’s Chief Executive Officer John Lintari, the growth is attributed to increased awareness in […]
BAT pays Uganda govt Ush90.5billion taxes despite illicit cigarette trade persistence
British American Tobacco (BAT) Uganda Ltd, has announced that its shareholders are set to earn Ush13.7 billion as dividends for the year ended 31st December. A total dividend of Ush280 per share for the year 2018 was approved by the Company’s shareholders at its 19th Annual General Meeting that was held at Sheraton Hotel Kampala. […]