The Government of Uganda (GoU) owns shares in a number of Public Corporations and State Enterprises. These enterprises, which are independently managed, are supposed to operate efficiently, make profits and pay dividends to the Government. Their financial performance is therefore of interest to the Government. Whereas some are making some serious money for the government
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With 0.8 percent penetration, Uganda’s insurance sector is struggling as compared to her neighbours such as compared to Kenya, Rwanda and Tanzania which stand at 6 percent, 9 percent and 15.