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FRENEMIES? Ugandan President, Yoweri Museveni and Rwanda’s Paul Kagame chat in South Africa during the swearing-in ceremony of Cyril Ramaphosa as president of South Africa .

Uganda’s export earnings, reach all-time high, despite Rwanda conflict

Uganda’s export earnings grew by 35% reaching USD1,079.87 million in Q1, 2019, up from USD799.77 million in Q4, 2018. This is the highest ever, quarterly earnings- as per Bank of Uganda and
June 8, 2019
Businessman, Patrick Bitature, the CEO and Founder of the Simba Group of Companies. The Group is an East African conglomerate with business interests in telecom, energy, property, agriculture, mining and other industries.

Concession renewal: Umeme wants a win-win deal for all

For the last 12 years, Patrick Bitature has been Umeme Limited Chairman- since 2007. He has overseen the company’s $600 million investment into restoring and expanding the country’s electricity network. During his
Goldstar Managing Director and Chairman of the Insurance Consortium for Oil and Gas (ICOG) addresses the press recently. Goldstar is a member of ICOG- a co-insurance group currently made up of 14 locally licensed insurance companies that have raised over $200m (sh745b) aggregated insurance capacity in readiness for Uganda’s oil and gas industry.

Goldstar Insurance registers 18% premium growth

Goldstar Insurance Ltd underwrote UGX3.7 billion more premiums in 2018, than it did in 2017, according to preliminary reports from the Insurance Regulatory Authority (IRA), the industry regulator. The firm, part of
Mr Latimer Mukasa, the Chief Executive Officer of MUA Insurance. The firm which rebranded in October 2018 is in the 7th position, having underwritten UGX18.54 billion. The firm however declared losses in 2018 of UGX889.69 million loss.

Who are the top 10 non-life insurance companies in Uganda?

The top 10 non-life insurance companies, control 87.7% of the category, having underwritten UGX499.8 billion in premiums- out of a total of UGX569.96bn in non-life category premiums. They are: Jubilee Insurance, UAP
New AIG Insurance Managing Director, Lydia Kayonde. She is a seasoned insurance executive with over 15 years experience, most of them at AIG

AIG taps on Lydia Kayonde to lead their return to Ugandan market

American International Group (AIG) has tapped on seasoned insurance executive, Lydia Kayonde to lead their re-entry into the Ugandan market, CEO East Africa Magazine has learnt. The Insurance Regulatory Authority’s Chief Executive
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