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Zamara Uganda, the country’s oldest and largest retirement benefits administrator, has crossed a major milestone—surpassing UGX 1 trillion in assets under administration, covering more than 17,000 members across 42 corporate…
Joshua Karamagi was appointed Chief Executive Officer of Uganda Electricity Transmission Company Limited (UETCL) in March 2023, at the most unusual of times. He joined the government-owned electricity transmission company following the Board’s firing of the top leadership in August 2022. The Board that appointed him itself, was new since the Ministry of Finance, Planning & Economic Development (MoPED) fired the entire old board in April of the same year. The new board was led by Kwame Ejalu Ejuku, a respected and no-nonsense Ugandan entrepreneur and businessman in the non-banking financial sector. Over and above having to build a new…
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The Ministries of Finance, Planning and Economic Development MOFPED) and Energy and Minerals Development (MEMD), have appointed Mr. Kwame Ejalu Ejuku, a renowned insurance and pensions expert as the new Board Chairman of the Uganda Electricity Transmission Company Limited (UETCL) UETCL is a government parastatal that owns and runs Uganda’s high voltage transmission network (above 33kV). Ejalu is a Ugandan entrepreneur and businessman in the non-banking financial sector, with extensive knowledge, and experience, especially in the insurance and pensions sectors in Uganda and the East African region. He is the Chairman and Founder of Kent Group, a diversified investment firm….
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First of all, what lessons does Covid-19 pandemic remind us all about savings, social security and the uncertainties of life? Covid-19 underlines to us the very need for savings. It underlines the reality that life comes with uncertainties, and that there are rainy days and in our particular time, we have even seen floods and locusts; therefore, there is always a need to prepare for these uncertainties. The occurrence of such pandemics is a reminder that life is not always bright; it is not always as planned and therefore as human beings we need to have savings and social security;…
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Alexander Forbes Financial Services Uganda Limited is now Zamara Actuaries, Administrators and Consultants (U) Limited. This follows the ongoing exit of the South African financial services group from Uganda and…
Today, he is Chairman, Afrisafe Risk Consultants and is about to make a major announcement in the pensions industry. Ejalu who between October 2010 and June 2014 served on the…
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