Insurance industry eyes growth as government boosts infrastructure spending

Uganda’s insurance industry expects significant growth as increased government spending on infrastructure projects creates new opportunities for insurers, the Insurance Regulatory Authority (IRA) has said. Dr Protaszio Sande, the acting chief executive officer of the IRA, said government-funded infrastructure projects already underway are expected to generate more business for insurers as contractors, investors, and other…

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MPs summon Lubega Kaddunabbi as acting CEO fails to answer audit queries [VIDEO]

MPs have questioned the credibility of the appointment of Insurance Regulatory Authority (IRA) Acting chief executive officer Protazio Sande, saying the process that led to his appointment appears to have raised legal and governance concerns. The concerns emerged when the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) met officials from the Insurance Regulatory…

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