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LUTAKOME

Movies every Businessperson should watch #15 The Crooked E
 225 225 LUTAKOME
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The weekend is here again and for those of you who take time to relax during weekends watching a movie is not a bad pastime This is the beginning of my 15 Movie series that I think every business person should watch. Number 15 : The Crooked E: The Unshredded Truth About Enron “Irrational exuberance”…

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4 Must have Insurance Policies for every Business for COVID 19 Lock down & Aftermath
 1024 640 LUTAKOME
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For many businesses, this year is about survival, and in the aftermath of the lock-down, an insurance check has to be done against the number of insurance policies in place to ensure that money is not spend on unnecessary expenses following occurrence of the following unforeseen incidents The list below is not at all exhaustive,…

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4 Must have Insurance Policies for every individual during the COVID 19 Lockdown
 485 370 LUTAKOME
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Many people are wondering whether Uganda’s insurance industry ready for COVID 19 and whether the insurance policies are relevant during this time. I have put together just 4 incidents that have ready insurance solutions and hereby advise you to consider them as part of your redemption story during the remainder of 2020 and beyond. To…

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Learning from Others – Insurance and COVID 19 Effects to Businesses
 800 395 LUTAKOME
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There is no doubt that the disruption to businesses as a result of the COVID 19 pandemic is quite unprecedented in our lifetime. Looking at the available opportunities in our own town and how people make a living, one can only imagine how agile we have to get to survive through the rest of the…

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Reducing Your Tax Burden Through Life Insurance
 600 400 LUTAKOME
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In a country where new taxes are being introduced on every investment, I would like to share with you how the life-insurance industry can create a tax haven for the subscribers. Like I said in my previous article “can insurance make you rich?” Life insurance in not necessarily an investment but rather an optional safety…

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Uganda - Insurance Make people Rich
Can Insurance Make you Rich?
 1000 640 LUTAKOME
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Janet (not her real name) was promised by an insurance salesperson that if she subscribed for a life insurance plan with a monthly premium of 100k she will get up to 10 million after just five years. She signs up gets a contract which she doesn’t bother to read and waits to cash in after…

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What is Life, Medical and None Life Insurance
What is Life, Medical and Non-Life Insurance : This is My Take on it.
 1000 640 LUTAKOME
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I look at insurance as a financial instrument which provides a safety net should an unforeseen event threaten the things which matter to a person These can range from property, reputation, life and health Non-Life Insurance Perhaps the most diverse cluster of insurance, non-life insurance is also referred to as general or short-term insurance focuses…

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Reduce on your Loan Fees
Looking for ways to reduce your loan arrangement fees?
 1000 640 LUTAKOME
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The Bank of Uganda Consumer Protection Guidelines paragraph 6 (4) (b) stipulates that when a financial services provider provides ancillary services attached to their product, they should provide the consumer with a pool of at least four providers of this other service to select from. This includes insurance companies.   To comply with this directive,…

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Kampala Uganda Employee Benefits
[UGANDA] Recruit & Retain the Best with Employee Benefits
 1000 640 LUTAKOME
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Many employers subscribe to the false theory that more money equals satisfied employee. Whereas it’s true that a solid compensation plan is critical to attracting and keeping key personnel, the way this plan is executed matters a lot. Additional cash on one’s payslip is not always the only answer and in many cases not even…

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Key Drivers of Insurance Penetration in Uganda
 1000 640 LUTAKOME
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It’s one of the most used phrases by insurers whenever matters of common interests come up for discussion, for Uganda insurance penetration is less than 1% and I have heard in many forums efforts to increase penetration to match up with other markets. I have listened to one speaker say that we need to target…

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