Kenya’s pension firm enters Uganda’s market
A new pension administrator, Enwealth Financial Services, has entered Uganda’s pension market upon securing an operation license from the regulator, Uganda Retirement Benefits Regulatory Authority (URBRA).
The firm that joins nine other pension administrators in the country plans to offer pension retirement services, training and consultancy services.
Founded in 2011 in Kenya, it currently manages pension assets worth over Shs2trillion for 120 clients in 12 countries within Africa.
Nelson Kuria, the company’s chairman Board of Directors said at the unveiling event held at Sheraton Hotel in Kampala on Feb.21 that they are bringing to the market innovative social security financial services powered by new information technology functions.
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