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A trader looks at burnt money after a fire gutted a building on Nasser road last year. PHOTO BY FAISWAL KASIRYE
The Big Story
New supervision model signals mergers in insurance industry
As the insurance industry prepares to shift from compliance-based to risk-based supervision, players have expressed concern that the move to the new model could result into mergers and acquisitions....
Business
Govt to turn Kampala slum to low cost housing estate
Arrangements have been finalised for the construction of low cost housing units, in the move...
Business
IRA plans to regulate health financing schemes
The Insurance Regulatory Authority plans to start regulating Community Based Health Financing...
Business
Insurers turn to mobile money to improve performance
If the innovation which is bench marked on the mobile (money) technology is fully embraced,...
Business
Insurance levy to be monitored
The local industry’s top management is mostly controlled by expatriates....
Business
Insurance regulator drafts laws targeting low income earners
This follows the amendment of the Insurance Act in 2011 that gave way for the development of...
Business
Build consumer trust to boost insurance industry, say experts
However, the Statewide Insurance Company managing director Joseph Kiwanuka, said much as...
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Law to check gambling
- Uganda loses revenue due to exporting raw tea
- Investment minister calls on insurers to support Uganda Re
- KQ jet targets new cargo volumes
- Uganda’s sugar imports stuck at Busia border
- Uganda’s trade balance posts 26 per cent improvement, says BoU
- Invest in airport expansion to grow aviation sector – official
- Services, agriculture sectors spur growth
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Air Uganda’s new plane to ply Mogadishu route
- KQ jet targets new cargo volumes
- Slight drop in fuel prices attributed to weak dollar
- Parliament urged to intervene in trade treaties
- Industry minister invites Israeli investors to Uganda
- EABL Tanzania growth to beat Kenya, Uganda
- SMEs to train in global business competitiveness
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New supervision model signals mergers in insurance industry
- Govt to turn Kampala slum to low cost housing estate
- IRA plans to regulate health financing schemes
- Insurers turn to mobile money to improve performance
- Insurance levy to be monitored
- Insurance regulator drafts laws targeting low income earners
- Build consumer trust to boost insurance industry, say experts
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Samsung announces 5G data breakthrough
- Sim card registration in final stages, says UCC
- UTL embarks on turnaround plan
- UCC okays Airtel, Warid deal as subscribers are reassured
- MTN mobile money users to shoulder higher charges
- UTL embarks on turnaround plan
- Air conditioners that are controlled by phones unveiled
- Investment minister calls on insurers to support Uganda Re
- Uganda loses revenue due to exporting raw tea
- Law to check gambling
- Tea growing facing labour shortages
- High power tariffs top manufacturing problems
- AGRA calls for prioritisation of agriculture
- Bakery business emerges from credit crisis
- Airtel-Warid deal is a game of data and mobile money
- 2013/14 budget preview :Ugandans to face tough financial year
- Feeding schools and growing business
FOREX RATES (sponsored by Barclays Bank - Uganda ) |
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| Last updated on 12th May 2013 | Buy | Sell | |
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US Dollar | 2,552 | 2,562 |
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Euro | 3,340 | 3,353 |
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British Pound | 3,948 | 3,963 |
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Japanese Yen | 27.66 | 28.5 |
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Kenya Shs | 30.42 | 30.54 |
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Rwanda Franc | 1.3 | 1.35 |
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Tanzania Shs | 1.56 | 1.57 |
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South African Rand | 280 | 295 |
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