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National Insurance Corporation
National Insurance Corporation Limited, commonly referred to as National Insurance Corporation (NIC), is an insurance company in Uganda. The company is a leading provider of insurance and risk management services in the country. Overview NIC, one of the licensed insurance companies in the country, is a medium-sized insurance services provider in Uganda. , the company's total assets were valued at USh 108 billion (approximately US$30 million). During the year that ended December 2017, the company realized USh 1.9 billion (approximately US$520,000) in after-tax profit. At that time, shareholders' equity was calculated at USh 38 billion (approximately US$10.5 million). History NIC was established by an Act of Parliament in 1964. Before 2005, all of the company was owned by the Ugandan government. In June 2005, the government divested 60 percent of its shares in NIC. These shares were acquired by Industrial and General Insurance Company Limit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Juba, South Sudan
Juba () is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria State. It is the world's newest capital city to be elevated as such, and had a population of 525,953 in 2017. It has an area of , with the metropolitan area covering . Juba was established in 1920–21 by the Church Missionary Society (CMS) in a small Bari village, also called Juba. The city was made as the capital of Mongalla Province in the late 1920s. The growth of the town accelerated following the signing of the Comprehensive Peace Agreement in 2005, which made Juba the capital of the Autonomous Government of Southern Sudan. Juba became the capital of South Sudan in 2011 after its independence, but influential parties wanted Ramciel to be the capital. The government announced the move of the capital to Ramciel, but it is yet to occur. History Under the Khedivate of Egypt, Juba served as the southernmost garrison of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kasese
Kasese is a town north of Lake George in the Western Region of Uganda. It originally grew around the copper mine at Kilembe, while attention later turned to cobalt mining. It is the chief town of Kasese District, and the district headquarters are located there. Kasese is also the largest town in the Rwenzururu region. Charles Mumbere, the Omusinga of Rwenzururu, maintains a palace in the town. Location Kasese is at the western end of the Uganda Railway to Kampala and Tororo and is home to Kasese Airport. The city is near the Rwenzori Mountains and Queen Elizabeth National Park. Kasese is locate approximately , by road, west of Kampala, Uganda's capital and largest city. This is about , by road, north-east of Mpondwe, the border town at the international border between Uganda and the Democratic Republic of the Congo (DRC). The coordinates of Kasese are 0°11'12.0"N, 30°05'17.0"E (Latitude:0.186667; Longitude:30.088050). Population The national census of 1969 enumerated the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kapchorwa
Kapchorwa is a town in the Eastern Region of Uganda. It is the main municipal, commercial, and administrative center of Kapchorwa District. Initially the present day Kapchorwa was known as the Sebei Region. Location The town of Kapchorwa is located in the Sebei sub-region, approximately , by road, northeast of Mbale, the largest city in the Eastern Region. This is approximately , by road, northeast of Kampala, Uganda's capital and largest city. It is also approximately 77km from the Suam Kenya-Uganda Border to the east.The coordinates of the town are 1°24'00.0"N 34°27'00.0"E (latitude:1.4000; longitude: 34.4500). Demographics During the 2002 national population census, Kapchorwa's population was estimated at 8,700. In 2010, the Uganda Bureau of Statistics (UBOS) estimated the population at 12,300. In 2011, UBOS estimated the mid-year population at 12,900. Points of interest The following points of interest lie within the town limits or close to the edges of the town: * head ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jinja, Uganda
Jinja is a city in the Eastern Region of Uganda, located on the North shores of Lake Victoria. Location Jinja is in Jinja District, Busoga sub-region, in the Eastern Region of Uganda. It is approximately , by road, east of Kampala, the capital and largest city of Uganda. It sits along the northern shores of Lake Victoria, near the source of the White Nile. The city sits at an average elevation of above sea level. History The city was founded in 1901 by British settlers. It was planned under colonial rule in 1948 by Ernst May, German architect and urban planner. May also designed the urban planning scheme for Kampala, creating what he called "neighborhood units." Estates were built for the ruling elite in many parts outside the center city. This led to the area's 'slum clearance' which displaced more than 1,000 residents in the 1950s. In 1954, the construction of the Owen Falls Dam submerged the Ripon Falls. Most of the "Flat Rocks" that gave the area its name disappeared ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulu
Gulu is a city in the Northern Region of Uganda. It is the commercial and administrative centre of Gulu District. The coordinates of the city of Gulu are 2°46'54.0"N 32°17'57.0"E. The distance from Gulu to Kampala, Uganda's capital and largest city, is approximately by road. Gulu is served by Gulu Airport. History During the British Bagool rule in the 18th and 19th centuries, northern Uganda was less developed compared to the rest of the country. The people were conscripted into the army and the police. Many were sent to fight in the first and second World Wars. In the 1960s, many Sudanese, Rwandese, and Congolese refugees settled in the city. The Lord's Resistance Army (LRA) under the leadership of Joseph Kony sprang up in the 1990s after Auma/Lakwena went to Kenya. The LRA became increasingly violent in Gulu and surrounding communities. Up to 15,000 children, known as "night commuters", were fleeing into the city for safety every evening. In 1996, the Ugandan government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fort Portal
Fort Portal or Kabarole is a city located in the Western Region of Uganda. It is the seat of both Kabarole District and historically of the Toro Kingdom. Location Fort Portal in Kabarole District is located approximately by road, west of Kampala, Uganda's capital and largest city, on an all-tarmac two-lane highway. The geographical coordinates of Fort Portal City are 0°39'16.0"N, 30°16'28.0"E (Latitude:0.654444; Longitude:30.274444). Fort Portal is situated at an average elevation of above sea level. City Status On 1st July 2020, Fort Portal was elevated from municipality to a ''"Tourism city"'' status. In 2019, in preparation for the award of city status, Ford Portal annexed several surrounding neighborhoods and sub-counties, including (a) Karago (b) Ibaale Parish (c) Burungu Parish (d) Karambi sub-county (e) Bukuku sub-county and (f) parts of Busoro sub-county. Population According to the 2002 national census, the population of Fort Portal was about 41,000. In 2010, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Busia, Uganda
Busia is a town in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial center of the Busia District, with the district headquarters located there. Location Busia is at the border of Kenya, adjacent to the similarly named town of Busia, Kenya. Busia, Uganda is approximately , by road, east of Kampala, the capital and largest city of Uganda. This is approximately , by road, south of the town of Tororo, the nearest large town in Uganda. The geographical coordinates of Busia, Uganda are 0°28'01.0"N, 34°05'24.0"E (Latitude:0.4669; Longitude:34.0900). Busia, Uganda sits at an average elevation of above sea level. Population In 1969, the national census that year enumerated 1,146 inhabitants in the town. In 1980, that year's census enumerated 8,663 people. According to the 1991 national census, there were 27,967 people in the town. In 2002, the national census that year put the town's population at 36,630. In August 2014, the national population ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arua
Arua is a city and commercial centre within the Arua District in the Northern Region of Uganda. Location Arua is approximately , by road, north-west of Kampala, the capital and largest city of Uganda, Arua is about , by road, west of Gulu, the largest city in Uganda's Northern Region. The geographical coordinates of the city of Arua are 03°02'07.0"N, 30°54'39.0"E (Latitude:3.035278; Longitude:30.910833). Arua sits at an average elevation of above sea level. Arua is closely bordered to the Democratic Republic of Congo in the west and South Sudan in the north which makes it a strategic location for business between Uganda and her two neighbors to the west and north. Due to its strategic location, Arua is also part of the Refugee program of hosting up to 20% of refugees entering into Uganda, annually. Overview Arua is an important base for non-governmental organizations working in the West Nile sub-region or serving Western Equatoria in South Sudan and the northeastern Democ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sudhir Ruparelia
Sudhir Ruparelia (born 17 January 1956) is a Ugandan business magnate and investor of Indian origin. He is the chairman and majority shareholder in the companies of the Ruparelia Group. His investments are mainly in the areas of banking, insurance, education, broadcasting, real estate, floriculture, hotels, and resorts. According to ''Forbes'' in 2019, Ruparelia was the wealthiest individual in Uganda, with an estimated net worth of US$1.2 billion. On 20 October 2016, the Bank of Uganda, which regulates all banks in Uganda, took control of Crane Bank, the largest subsidiary of the Ruparelia Group, due to a significant decline in capital and a potential run on the bank. On 11 February 2022,the supreme court in Uganda ruled against the Bank of Uganda when it reverted the ownership of crane bank to the share holders.(Sudhir Ruparelia.) Biography Ruparelia was born in Kabatoro, Kasese District in the Western Region of Uganda to an upper-middle-class Indian Gujarati family. His g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DFCU Bank
DFCU Bank, registered as the Development Finance Company of Uganda Bank Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda (BoU), Uganda's central bank and national banking regulator. Overview As of December 2021, DFCU Bank had total assets of UGX:3.136 trillion (US$882.8 million), and shareholders' equity of UGX:594.03 billion (US$167.2 million). As of 30 June 2017, dfcu Bank operated 67 branches and 100 automated teller machines. As of 30 June 2020, the bank's total assets had increased to UGX:3.442 trillion (US$939 million), with shareholders' equity of UGX:599.65 billion (US$163.54 million). History The Development Finance Company of Uganda Limited was established in 1964, with its name changing in 2000 to DFCU Limited and eventually to dfcu Limited. In 2000, dfcu Limited acquired Gold Trust Bank, which subsequently became dfcu Bank. In July 2014, the BoU transferred to dfcu Bank the customer deposits of the Global Trust Bank, a small retail fin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Daily Africa
''Business Daily Africa'', commonly known as ''Business Daily'', is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairobi, Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , .... See also References External linksBusiness Daily Website {{Media in Kenya Newspapers published in Kenya Nation Media Group Mass media in Nairobi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
