| Who are the richest people in Uganda?
INGENUITY, not industry, is the common characteristic of the people who have featured in our rich list. These people made money in everything from media and real estate to coffee, farming and road haulage. The list is not limited to Ugandans and it includes individuals and families born overseas, but who predominantly work and/or live in Uganda.
We have measured identifiable wealth, whether land, property or significant shares in publicly quoted companies and we have excluded bank accounts to which we have no access.
There are probably a number of other wealthy individuals or families that we cannot know about because we have no way of ascertaining their wealth. They not only keep a low profile, but also avoid anything that will associate themselves with wealth.
Healthy living isn't always easy or affordable
Annette Medina didn't know that asking for a raise would mean the end of health insurance for her 11-year-old son, but that's what happened when she started earning an extra dollar an hour. The pay hike, though modest, put her over the limit to qualify for New York state's Child Health Plus plan. The premium to keep her son insured went from $15 a month to $172. That tops the $140-a-month raise - and is more than she can afford. "The way the health system works is not fair. A lot of people want to be working, but they end up having not to work because they want their kids to have health insurance. So they'll work under the table, or at a low salary, just so that they can have the insurance," said Medina, a 40-year-old single mother who supports her son though her job as a medical assistant.
Crawford residents slowly patching their lives
The monster roared to life east of Knoxville, out over Causey Road on the outskirts of what locals affectionately call L.A. - the "Lizella Area." It is where blooming twin cherry trees at the junction of Hamlin Road have since brightened the sandy, hardscrabble farmland. But where, in spots, spring has turned to rust. Whipped dead by a tornado 38 days ago, pine boughs that crash-landed across the countryside lie crumpled in their reddish-brown demise. Yards have taken on the gray of uprooted soil. Spirits have been plowed. The gnats are bad. Even the dogs aren't right. Some cower at the slightest breeze. Lucky, a yellowish mutt taken in seven years back by James and Patricia McCarty, rode out the storm in her tin-roofed doghouse at 723 Hamlin Road.
Report: Kevin Durant Will Declare for NBA Draft Next Week
It's good news in Boston and bad news in Austin as DraftExpress.com is reporting that Texas freshman sensation Kevin Durant has decided to declare for the NBA draft and will make his announcement at a news conference next week.DraftExpress.com cited "multiple sources, both from the NBA and close to the player himself" in its report.Durant, the first freshman in college basketball history to be named player of the year, is widely expected to be the second player chosen in this year's NBA draft, after fellow freshman Greg Oden, the Ohio State center. That means the Celtics, who have the NBA's second-worst record and are therefore the most likely recipients of the second pick in the draft lottery, are a likely landing spot. Durant has already cost NBA executives $60,000 in fines, with half of that going to Boston's Danny Ainge, who sat with Durant's family during the Big 12 tournament.
Stantec completes Vollmer purchase
ENDICOTT Stantec, which has offices in Endicott, has completed the acquisition of Vollmer Associate, a firm headquartered in New York City with about 600 employees. Vollmer provides engineering, architecture, planning, landscape architecture and survey services focused on the transportation sector from offices throughout the northeastern United States. "With the addition of Vollmer, we have gained a solid base in the heart of New York City and significantly bolstered our operations throughout the eastern United States," said Tony Franceschini, Stantec's chief executive. "Our combined transportation practice places Stantec among the top transportation design firms in North America." With the inclusion of Vollmer, Stantec has more than 6,500 employees and more than 100 offices throughout North America.
Homeowners Insurance Line Three Times More Volatile Than Private ...
CHICAGO, March 21 /PRNewswire-FirstCall/ -- The Homeowners insurance line was the most volatile major insurance line in the 14-year period 1992-2005, due in large part to the active 2004 and 2005 Atlantic hurricane seasons. Homeowners was three times more volatile than the Private Passenger Auto line, according to an Aon Re Global study. The study shows that the Private Passenger Auto line experienced the lowest volatility during that period, followed by the Auto Physical Damage, Commercial Auto and Workers Compensation lines. Excluding catastrophe losses, the Homeowners line has a risk level comparable to the Commercial Auto line. Liability lines and Medical Malpractice also have significantly above average volatility. Aon Re's Insurance Risk Study quantifies the systemic risk for each line of business, representing the risk to a large portfolio from non-diversifiable risk sources such as: For large books of non-cat-exposed business, systemic risk is the major component of underwriting volatility.
Ethical wills: bequeathing your life lessons
PHILADELPHIA - When he dies, Abraham Leibson of Lambertville, N.J., wants to leave his heirs a love of learning, the flexibility to change, and the courage to face their fears. And while such abstract concepts cannot be bequeathed as tangibly as a pocket watch or a stock portfolio, ideals and values are part of one's legacy, nonetheless - and they can be passed from one generation to another. So Leibson, who is 69 and in good health, is writing an ethical will. "I want to show my children what guided my way of life," he says. Shorter than a memoir, less extensive than a family history, an ethical will is a not-legally-binding statement that summarizes how you'd like to be remembered. With Americans turning 60 at the rate of about 8,000 a day, interest in ethical wills is exploding.
HPV stories generate different reporting approach
I found the colorful pamphlets on my desk with a hand-printed note attached: "This hospital has no ties to drug companies — thought you would find this interesting and helpful." It wasn’t signed. I was sorry for that because, of all the letters I’ve received in nearly a year of continuously writing about government waste in social services and government’s intrusion into parents’ rights over their children, this was the only unsigned comment that came my way. I was especially distressed that I wouldn’t be able to talk to this person in person, to tell him or her that, unfortunately, this hospital DOES have ties to drug companies. BIG ties. Yes, this vaccine information brochure from The Children’s Hospital of Philadelphia (CHOP) does boldly proclaim "the Center does not receive support from pharmaceutical companies." But what it doesn’t say is that some of the doctors working for this hospital not only receive support from pharmaceutical companies, but are the very inventors of the vaccines the brochures promote. For example, one doctor cited in the brochure, Paul Offit, is the chief of the division of infectious diseases at CHOP and director of the Vaccine Education Center there.
Study: Immigrants Add To Bottom Line Of State
BENTONVILLE -- Immigrants in Benton and Washington counties contributed $6.1 million to the state budget's bottom line in 2004, a study released this week shows.The study, commissioned by the Winthrop Rockefeller Foundation and conducted by the Urban Institute in Washington, D.C., also showed Arkansas had the fastest-growing Hispanic population between 2000 and 2005, and about 51 percent of immigrants in the state are undocumented.The study is the first to take an in-depth look at the demographic characteristics and economic impact of immigration on Arkansas, a state that saw a 37 percent growth in immigrants during the first half of this decade to about 123,000.Northwest Arkansas experienced even higher immigrant growth rates. Benton and Washington counties saw 106 percent and 57 percent growth to 20,296 and 18,414 respectively, the study found.Bill Rahn, senior program manager with the Rockefeller Foundation, said the organization conducted the study to gather real numbers about a much-debated issue."We know there's this huge growth," Rahn said.
American Express energises Charge Cards with greater travel and ...
As the region becomes home to more and more affluent consumers, American Express Middle East has enhanced its Green and Gold Charge Cards, offering even greater privileges to Cardmembers for general purchases and travel, customized to support their dynamic lifestyle. .
Employers booting spouses from health coverage
Seeking to save money on rising health insurance premiums, a growing number of Pennsylvania companies are squeezing out spouses who have access to insurance of their own. The concept, known as a spousal exclusion, is viewed as a way for companies to rein in costs without directly costing their employees more money. Under one version of a spousal exclusion policy, a wife wouldn't be able to get coverage on her husband's insurance plan if she were eligible for insurance through a job of her own. Another variation might allow a working husband to join his wife's employer's plan, but charge him a fee to do so. A survey from Mercer Human Resource Consulting released last year reported that 14 percent of Pennsylvania employers said they used a spousal exclusion provision, compared with 8 percent nationally.
Obama gets rock-star treatment in city tour
The lanky, sly-smiling man walked briskly across the courtyard outside the Challenger Discovery Center, and was promptly mobbed by shrieking college students, high schoolers, and tourists. Illinois Sen. Barack Obama doesn't recoil from the rock-star treatment he's received from New Hampshire to Oakland, Calif., since making his White House run official. And when ''Starship Obama'' landed Friday in Tallahassee, he didn't hesitate to take the stage. .
Royal Courts `Crucial' Blue-Collar Vote to Stay in French Race
April 10 (Bloomberg) -- Segolene Royal got star treatment when she visited striking auto workers at a PSA Peugeot Citroen factory near Paris recently. Greeted by chants of ``Segolene Presidente,'' the French presidential candidate signed autographs and warded off embraces. By tapping into anxieties about job losses and advocating universal union membership, Royal, 53, is seeking to win back the support of blue-collar workers, whose defection to nationalist candidate Jean-Marie Le Pen sank her Socialist Party in 2002. Industrial employees represent an estimated 25 percent of the electorate, making them France's biggest voting bloc. Their backing would increase Royal's chance of getting through the April 22 first-round balloting to reach the May 6 runoff against front-runner Nicolas Sarkozy by fending off self-styled centrist Francois Bayrou, 55, and five-time candidate Le Pen, 78, of the anti-immigration National Front party.
Insurance set to pass through detariffing
MUMBAI: Dalip Verma, MD, Tata AIG General Insurance is one of the longest serving chief executives (CEOs) of non-life insurance companies. Verma was earlier with AIG — the joint venture's foreign partner. After seven years with the Indian company, he is now slated to take on wider responsibilities. In an interview with ET, Mr Verma speaks of how the industry will now undergo a structural shift because of detariffing. What has been the impact of detariffing? The price reduction is an absolute reality. Premium on motor `own damage' cover is down 20%, while there are instances of rates coming down by as much as 60% in fire and engineering businesses. We had expected that growth would come down 18-20%, but were very pleasantly surprised to see the 22% growth. Some of this could be because many corporates had timed their purchase to take place after detariffing.
Denison Increases its Bid and Files Final Offer to Acquire ...
TORONTO, ONTARIO -- (MARKET WIRE) -- March 26, 2007 -- Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) reports that the Company has elected to increase its bid to acquire any or all of the issued and outstanding shares of OmegaCorp Limited ("OmegaCorp") (ASX: OMC) originally announced on December 5, 2006, and that formally commenced on February 1, 2007. The bid has been increased by 4.5% to AU$1.15 for a total consideration of AU$177.6 million (CDN$166 million) and has been stipulated as Denison's final offer. As a result of increasing the bid, the offer period is extended and will now close at 5:00 pm (South Australian Time) on April 13, 2007. As a final offer, the offer cannot (as a matter of law) be increased, in the absence of an alternative proposal from a third party.
New Calif. Emergency Preparedness Web Site Debuts
(BCN) SACRAMENTO California's new director of the Department of Public Health, Dr. Mark Horton, kicked off Public Health Week this week by launching a new Web site dedicated to emergency preparedness, Be Prepared California.The Web site will provide information in 12 languages other than English: Arabic, Armenian, Cambodian, Chinese, Farsi, Hmong, Korean, Lao, Russian, Spanish, Tagalog and Vietnamese, according to California Department of Health Services spokesman Ken August. It is designed to proved basic information such as how to develop a disaster plan or prepare an emergency supply kit."Everyone has a responsibility for emergency preparedness," Horton said in a statement. "This new Web site gives Californians the information they need to get ready before the next earthquake, fire, flood or other emergency strikes."The site also breaks down different disaster tips for families, businesses, schools and health providers, reported August.
Health plans would benefit state's uninsured
Almost all the low-income uninsured in Colorado would get basic or comprehensive health coverage under two plans presented Thursday to the state's Blue Ribbon Commission on Health Care Reform. Whether those proposals become reality depends greatly on whether the state can afford the costs, whether the feds deem the plans legal and whether employers and insurers back the plans or fight them. About one in six Coloradans - some 770,000 people - don't have health insurance, and that number seems to be growing. Kaiser-Permanente, one of the largest health insurers in metro Denver, proposes a gradual phase-in of coverage, starting with children and moving toward covering most uninsured adults. Highlights of the K-P plan: • The federal government grants a waiver to allow Colorado to use Medicaid dollars to cover more children from low- and modest-income families.
Clash Over Affordability
BOSTON, Mass. - April 10, 2007 - Debate about what is affordable health insurance is heating up as The Connector gets ready to vote on the question this Thursday. The "Affordable Care Today" coalition, representing health care advocacy agencies, sent a compromise offer yesterday and is hitting the airwaves with ads today.
Also today, a coalition of health insurance and business groups is delivering a letter defining its stance to the Governor. WBUR's Martha Bebinger delves into what the opposing parties call the "make-or-break" issue for the state's universal health care law.
The audio for this story will be available on WBUR's web site after 10 a.m. on Tuesday.
MARTHA BEBINGER: As the Reverend Hurmon Hamilton sees it, health care advocates have a compromise that keeps the health care law viable while not punishing those who can not afford health insurance.
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