Parliament in January 2016 passed the Financial Institutions amendment Act allowing insurance companies to use banks as a distribution channel for their services. It is hoped that bancassurance will create opportunities for growth for both the insurance and banking sectors. It is hoped that bancassurance will create opportunities for growth for both the insurance and banking industry.
Uganda is gearing up towards hosting the inaugural Future Energy Uganda conference where it is expected to showcase the enormous energy investment potential. The inaugural conference in Kampala from 12-13 September 2017 is expected to attract investors and decision makers to explore areas of renewable energy like geothermal and solar that are still under exploited.
The 2017 financial year report by Makerere University Revenue Services Unit MURSU shows that KAPS vehicle Access, which collects the parking fees contributed Shillings 101.5 million of the overall Shillings 4.6 billion of the miscellaneous revenue.