Insurance
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News
Uhuru at 10: CEO says organisation aims to become a global brand in the next decade
KAMPALA, November 21, 2024 – The cooperative movement in Uganda is emerging from dormancy to reclaim its rightful place in the country’s socio-economic development. Among the key stakeholders driving the strengthening of…
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News
Leverage technology in service delivery, insurers urged
KAMPALA, September 23, 2024 – The insurance sector in Uganda has been urged to adopt technology in their operations, especially in the face of the highly changing technological advancement. During the CEOs’…
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Cooperatives & Communities
Economic inclusion project brings 25 institutions together to promote savings, financial inclusion
LIMA, March 30, 2024 —The USAID/WOCCU Economic Inclusion Project [EIP] days ago joined local partners to host a Global Money Week event in Lima, Peru featuring 25 financial institutions, public and private…
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News
Equity Bank trains women in financial management
FORT PORTAL CITY, March 16, 2024 – As part of celebrating women’s achievements in the country, Equity Bank Uganda is empowering women who run small-scale businesses in financial literacy in a bid…
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Cooperatives & Communities
Minister urges fishermen and boda boda riders on value of SACCOs
SERERE, March 12, 2024 – As the country’s hard economy bites, the State Minister for Fisheries, Hellen Adoa has advised boda boda riders and fishermen in Serere district to form or join…
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Africa
COP 28: AfDB’s US$1bln insurance facility to protect millions of farmers in Africa
DUBAI, December 4, 2023 – The African Development Bank [AfDB] has presented its planned US$1 billion facility to provide insurance to more than 40 million farmers across the continent against severe impacts…
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International
New ICMIF report confirms members have US$ 1trn in assets
MANCHESTRER, November 2023 – International Cooperative and Mutual Insurance Federation [ ICMIF ] members have US$ 1 trillion in assets under management in investments which are aligned to sustainable investment frameworks, according…
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Africa
IFAD and Malawi to build resilience and productivity of small-scale farmers and MSMEs
ROME/LILONGWE, October 11, 2023: As Malawi’s food insecurity worsens due to ongoing multiple crises, the International Fund for Agricultural Development [IFAD] and the Government of Malawi recently signed additional funding of US…
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International
Chile’s Sermecoop joins ICA as latest member
BRUSSELS – Cooperativa de Servicios [Sermecoop Ltda.] is the latest to join the International Cooperative Alliance [ ICA ], the voice of cooperatives worldwide. According to ICA’s latest statement, Sermecoop, domiciled in…
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Finance & Banking
MPs pass bill to kick start Islamic Banking in Uganda
KAMPALA – The enactment of the Income Tax Amendment Bill No.2 of 2023 has cleared all legal roadblocks to the commencement of Islamic banking products in Uganda. Parliament on Tuesday, 27 June…
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