The shilling weakened further today as interbank participants moved aggressively to cover short dollar positions amid sustained hard currency demand from corporate clients, according to Absa Bank daily updates. Strong demand from the energy and manufacturing sectors continued to weigh on the local unit, outweighing inflows from remittances and commodity exporters. As a result, the…
L-R Paul Nagemi, Israel Arinaitwe, Tetteh Ayitevie Prudential Uganda Chief Executive Officer, Tich Makonese, Head of Insurance and Asset Management at Stanbic Bank Uganda, Molly Kyakuhaire and Dogo Sign Stanbic Bank Uganda, in partnership with Prudential Assurance Uganda Limited, has launched an enhanced version of the Stanbic Medi-Protect health insurance solution. The expanded offering introduces…
Uganda’s insurance sector arrived in Mbarara carrying more than conference bags and business cards. It brought with it a quiet tension, a question hanging in the air like unclaimed luggage, can the industry grow fast enough without losing the one currency it cannot manufacture—trust? At the 8th Annual Insurance Brokers Association of Uganda (IBAU) Conference…
