Minet Uganda

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 (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
Arnold Baguma, Business Development Manager; Alex Makata,Chief Executive Officer; Charles Muhoozi, Executive Director and Angela Babirye, General Manager. Standing, (left-right), is Asiet Alex, Chief Finance Officer; Loi Luwedde, Senior Technical Officer- General Business; Joel Kimera, Group Chief Internal Auditor; Mbodhe Muhammad, Compliance & Risk Officer and Talib Kasujja, Claims Supervisor

How Clarkson Insurance Brokers overtook industry big boys to become Uganda’s No. 1 broker

The Insurance Regulatory Authority (IRA) has just released its Q3 2023 performance report for among others, insurance brokers, showing that Clarkson Insurance Brokers (U) Ltd is yet again ahead of traditional rivals.
January 22, 2024
Dr Elly Karuhanga. He is also the Founder President and Chairman, Governing Council, Uganda, Centre for Arbitration and Alternative Dispute Resolution (CADER) formed in 1998.

Elly Karuhanga re-elected dfcu Limited Chairman

Prominent City lawyer and business man Elly Karuhanga, has been re-elected as dfcu Limited Chairman, the holding company of dfcu Bank, the 5th largest bank by assets. Karuhanga’s re-election was announced during
August 26, 2020

 

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