Earlier this year, ICRA became the first local credit rating agency in Uganda to be recognized by the Bank of Uganda. How does this milestone specifically benefit Uganda’s financial sector, and what opportunities does it unlock for local businesses and investors? Before ICRA there wasn’t any single Credit Rating agency based inside the country with…

April 2024 EditionBy ICRA Rating In the intricate world of insurance, where the promise of protection against unforeseen risks is paramount, the significance of credit ratings cannot be overstated. These ratings serve as a vital indicator of an insurance company’s financial strength and ability to honor its commitments to policyholders, safeguarding the interests of millions…

By – ICRAFollowing a number of significant milestones and achievements for ICRA Uganda, as we continue our journey towards enhancing the financial landscape and fostering economic growth in Uganda. We are thrilled to share with you the highlights of our endeavors and collaborations over the course of operations. A Memorandum of Understanding (MoU) with PSFU,We…