Manufacturing Archives – Page 2 of 2

Ugandan newspapers continue copy sales loss streak

by Muhereza KyamuteteraAdvertising & Communication Company News Manufacturing MediaJune 8, 2019June 10, 2019

The two Uganda mainstream English newspapers, The New Vision and Daily Monitor, combined, sold 5% less newspapers in Q1, 2019 compared to a year ago, in Q1, 2018. According the…

INSURANCE BROKERAGE: Clarkson displaces Marsh from the No.2 top insurance brokerage firm spot

by Muhereza KyamuteteraCompany News Finance Manufacturing The Big StoryMay 30, 2019May 30, 2019

Thirty six (36) insurance brokerage firms, collected an estimated UGX280 billion in premiums compared to UGX233.3bn in 2017, according to preliminary reports from the Insurance Regulatory Authority (IRA). According to…

Uganda’s insurance industry underwrote UGX856bn in 2018

by Muhereza KyamuteteraCompany News Finance ManufacturingMay 20, 2019May 21, 2019

The insurance industry in Uganda underwrote UGX856 billion (USD227.8 million) in 2018- that is UGX73.60 billion (USD19.6 million) more than the Shs782.4 billion (208.2 million) underwritten in 2017. This is…

Umeme to pay UGX66.4bn in 2018 dividends; earmarks UGX1.7 trillion investment

by Muhereza KyamuteteraCompany News ICT Manufacturing The Big StoryMay 9, 2019May 10, 2019

The Umeme Annual General Meeting, has today approved a UGX28.2 per share final dividend to all its shareholders for the year ended 31 December 2018. This, in addition to the…

Money men: The 8 gentlemen who control 77% of Uganda’s banking industry

by Muhereza KyamuteteraCEOs Company News Finance Manufacturing The Big Story The CEO 100 IndexMay 6, 2019June 4, 2019

Yes, they are all men. They are powerful. They run 8 of Uganda’s largest banks and they are paid handsomely too. The 8 CEOs are each paid on average a…

EXCLUSIVE: Earnings of CEOs and Executive Directors of 23 of 24 of Uganda’s banks

by Muhereza KyamuteteraCEOs Company News Finance Manufacturing The Big Story The CEO 100 Index Top 10May 6, 2019May 15, 2019

43 Managing Directors and Executive Directors of 23 of Uganda’s 24 banks, earned an average of UGX61 million or a combined UGX2.6 billion per month. This adds up to a total of UGX31.5 billion a year, according to painstaking research by CEO East Africa Magazine. Also read: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/ According to the research, Barclays Bank’s CEO Rakesh Jha is the highest…

Dubai International Airport handled 22.2 million passengers in Q1 2019

by Muhereza KyamuteteraCompany News Lifestyle ManufacturingMay 6, 2019May 6, 2019

Dubai International (DXB) welcomed 22.2 million passengers in the first quarter of 2019, down 2.2% from the same period last year due largely to reduced flights and a shift in…

Manufacturing

INVESTIGATION: Auditor General faults ICT Ministry for mishandling UGX 14 billion innovators’ fund

BREAKING NEWS: Cooper Motors shuts down operations in Uganda, other East African countries

Auditor General reveals most profitable and loss-making gov’t agencies

Cornwell Muleya, the former Uganda Airlines CEO appointed head of Zambia’s Industrial Development Corporation

UBL’s Farm for Success program to benefit 50,000 farmers countrywide