Edward Nambafu

L–R: Alex Makata, CEO of Clarkson Insurance Brokers Ltd; Edward Nambafu, CEO of Minet Uganda Insurance Brokers Ltd; and Francis Gimara SC, Chairperson of the PPDA Appeals Tribunal. The trio sit at the centre of a high-stakes insurance brokerage dispute that speaks to broader questions around market leadership, intensifying competition, and shifting dynamics within Uganda’s evolving brokerage and fast-growing bancassurance landscape.

Procurement Tribunal Dismisses Minet Appeal in High-Stakes UETCL Insurance Brokerage Battle

Uganda’s Public Procurement and Disposal of Public Assets (PPDA) Appeals Tribunal has dismissed as “incompetent” Minet Uganda Insurance Brokers Limited’s application challenging the award of an insurance brokerage contract by Uganda Electricity
Edward Nambafu, Chief Executive Officer of Minet Uganda, embodies a new generation of leadership defined by trust, empowerment, and innovation. From rebuilding Minet’s market dominance in Uganda to nurturing young talent and driving digital transformation, Nambafu has positioned the Pan-African brokerage giant for sustainable growth. His story blends humility and strategic foresight — leading with heart, redefining insurance with purpose, and shaping the future of Uganda’s insurance industry through people, technology, and collaboration.
Edward Nambafu, Chief Executive Officer of Minet Uganda, embodies a new generation of leadership defined by trust, empowerment, and innovation. From rebuilding Minet’s market dominance in Uganda to nurturing young talent and driving digital transformation, Nambafu has positioned the Pan-African brokerage giant for sustainable growth. His story blends humility and strategic foresight — leading with heart, redefining insurance with purpose, and shaping the future of Uganda’s insurance industry through people, technology, and collaboration.

Q&A: 3 Years Later, Edward Nambafu is Steering Minet Uganda into a New Era of Growth and Innovation — and Conquering Back Lost Market Share

In this wide-ranging conversation, Nambafu reflects on his personal journey from agent to CEO, the lessons learned from leading in a highly competitive industry, and the strategies driving Minet’s resurgence. From redefining
October 15, 2025
Edward Nambafu (left), the Minet Uganda Chief Executive and Dr. Elly Karuhanga, his Chairman have a lot of work to do- to ward off growing competition from several formidable local and international players that have arisen in the last 10 years, as well as growing competition in the intermediary space from banks.

Can Edward Nambafu restore Minet’s glory days as Uganda’s No.1 insurance broker? 

In November 2022, Minet Uganda⏤ a risk, re-insurance and human capital solutions advisory company celebrated its 5th anniversary. The company has however been present for much longer, but under different names, thus

 

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