By Spy Uganda Sugarcane farmers in western Uganda are pushing back against a newly approved tax on sugar, warning that the policy could quietly squeeze them out of an already fragile industry. Under the Excise Duty (Amendment) Act, 2026, passed by Parliament of Uganda, the excise duty on sugar has tripled from Shs100 to Shs300 per kilogramme. While the tax …
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Insurance Industry Expands as Premiums Hit Shs2 Trillion
Uganda’s insurance sector continues to register steady growth and resilience, driven by increased market activity, expanding coverage, and rising public awareness. In an interview, Antony George Mutyabule, Business Transformation Manager at Old Mutual, highlighted the industry’s progress, ongoing challenges, and the growing role of innovation in improving customer experience. He noted that while the sector is expanding, trust, customer education, …
Read More »Mirai General Insurance sets 24-hour claims benchmark to restore industry confidence
MBARARA, Uganda — Mirai General Insurance has established a 24-hour claims settlement benchmark as a primary strategy to address the trust deficit currently hindering growth in the national insurance sector. Speaking at the 8th Annual Insurance Brokers Association of Uganda conference, Mirai Chief Executive Officer Joseph Nsubuga said efficiency in claims handling is the most critical measure of industry credibility. …
Read More »Huawei’s CEO Chaobin appeals to mobile industry on embracing 5G- Advanced
Barcelona, Spain- Yang Chaobin the CEO of Huawei’s ICT Business Group, has called on the ICT industry to intensify efforts in ensuring everyone can access the fast track of AI at MWC Barcelona 2026. The appeal included recommendations on spectrum and network capabilities for scaling 5G-Advanced to support emerging AI applications, and a call to expand inclusive connectivity to bridge …
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