Pensions manager opens Uganda office
Local pensions manager Enwealth has started operations in Uganda where the firm plans to tap into the underserved small and medium enterprises (SME) sector. Following licensing by the Uganda Retirement Benefits Regulatory Authority (URBRA), the Kenyan company now joins nine other pension administrators serving the country's population. The firm’s expansion drives comes in the wake of ongoing reform agenda to liberalise the pensions sector in Uganda and broaden the coverage of pension schemes in the neighbouring country. Currently only...