In a financial sector often driven by balance sheets and bottom lines, Joseph Mugume has spent 25 years proving that sustainable growth begins with people. As Chief Executive Officer of...
As schools across Uganda reopen for the first term of the academic year, dfcu Bank has rolled out a nationwide back-to-school campaign aimed at easing the heavy financial burden that...
If ESG were a person, at Letshego Uganda, he/she would not be seated in a boardroom quoting frameworks. It would be on the road, on the phone, and occasionally on…
Eri Ssebowa is a seasoned finance and accounting professional with over nine years of progressive experience in strategic financial management, business partnering, financial reporting, and performance management across the banking,…
Following a reputational and financially bruising fraud scandal — in which the brewer estimates to have lost about UGX 9 billion — and the subsequent exit of its Heads of…
In an effort to boost maternal and child health care, MTN Foundation has today handed over a newly refurbished and equipped maternity theatre and ward to the Karugutu health centre IV in Ntoroko district. Karugutu health centre IV is a government-owned facility which serves a catchment population of 27,000 people in the western region of Uganda. According to Fredrick Kahuma, the hospital incharge of Karugutu health centre IV, there was a dire need for renovation of the dilapidated structures especially in the maternity theater which affected service delivery. “The theater lacked properly functioning equipment to carry out some surgical procedures,…
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VisionFund Uganda and Turaco Insurance Brokers Limited (T/A Turaco) are proud to officially announce the launch of their partnership with a microinsurance product called “VisionFund Cares”. The product offering, available to over 40,000 VisionFund customers and their families, is designed to help ease the financial burden associated with hospital admissions, permanent disability and death. The cover is underwritten by ICEA LION Life Assurance Company Uganda Ltd. VisionFund Uganda is a microfinance institution (MFI) and affiliate of World Vision Uganda that started in 1996 as MEDNET and later rebranded in 2012 as VisionFund Uganda. The MFI has grown to a footprint of 21 branches,…
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Uber has announced a partnership with driving schools in Kampala to provide training for UberBoda driver-partners on road and vehicle safety. The initiative is part of a solution to ensure that drivers are equipped from a safety perspective, following which they will be provided with certification highlighting the completed modules on traffic regulations. In Kampala, boda bodas play a critical role in moving people and goods across the city. This informal industry is a significant source of income for an estimated 150,000 people within Kampala and a million across the country, making it a priority for Uber to commit to safety…
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On Friday, 25,February 2022, Hariss International Ltd, the manufacturer of RIHAM products, bagged four (4) awards at the 2021 Pearl of Africa Customer Excellence Awards. The awards, launched in October 2021 by the Uganda Manufacturers Society (UMS), are meant to recognise and reward companies that have constantly endeavoured to put the customer first through deliberate actions towards progressive customer care, excellent customer experience, and customer prioritisation throughout their operations. Hariss International received the awards in four (4) categories as first runners-up; 1. Best Cx Cultural Adaptation Award 2. Best Customer Retention Campaign 3. Best use of customer insights and feedback 4. Best Cx Team of the year At…
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Standard Chartered Bank Uganda in partnership with their NGO partner Voluntary Service Overseas have launched a Youth Empowerment, Entrepreneurship and Decent Employment programme worth UGX1,056,000,000. The March 3, 2022 launch was a hybrid event with over 60 guests at the Kampala Serena Hotel and hundreds of attendees online. The Project targets 500 youth from Kampala and Wakiso districts and will be implemented not only in partnership with Voluntary Service Overseas but also Kampala Capital City Authority, WAKISO District Local Government and Rural Effort for Action and Development (READ). This program will be tailored to suit diverse youthful audiences, providing them…
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Sanlam Uganda, a provider of cutting-edge insurance and financial services in Uganda yesterday announced entries for the 2021 Sanlam Awards for Excellence in Financial Journalism, one of the leading prizes in Africa recognising exceptional business journalism since 1974. Announcing the awards, today, Gary Corbit, the CEO Sanlam General Uganda, encouraged financial journalists in the country, to take advantage of the opportunity to get the well-deserved recognition and award for their work. “We acknowledge that journalists play a fundamental role in shaping conversations and reporting vital information to the public. It is therefore in this regard that we sought it wise…
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Flutterwave, a leading technology company, has announced that it has raised US$$250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. The investment makes Flutterwave the highest valued African start-up and proves a validation of African talent, innovation and its young inspiring people. It is also a huge endorsement in the growth of the business, innovation and technology landscape in Africa. Flutterwave’s latest backers include some of the world’s most respected investors led by B Capital Group, and with participation from Alta…
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Stanbic Business Incubator Limited (SBIL) has awarded 700 Small and Medium Enterprises (SMEs) with certificates in enterprise development, this, after three months of training in financial literacy, business planning, contracts and bid management. The participating SMEs were drawn from a wide range of sectors including oil and gas, transport, renewable energy, hospitality, agribusiness, and manufacturing. The SMEs which participated in the training program were selected after a competitive application process that got entries from Kampala and across eight districts from eastern, western and northern Uganda. The training was conducted under the Enterprise Development Program (EDP), which is SBIL’s flagship programme…
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Standard Bank has emerged as the most valuable banking brand on the African continent for 2022 in Brand Finance’s annual ranking of the world’s Top 500 Banking Brands, after increasing its brand value by 26% to USD1.583 billion. This significant increase in brand value has seen Africa’s largest financial services organisation by assets jump 17 places to rank 145th globally. For a third consecutive year, Standard Bank has also increased its reputation score above the South African banking sector average, according to Brand Finance’s Global Brand Equity Monitor. Every year, Brand Finance puts 5000 of the biggest brands to the…
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Adam Ikdal has on Monday, February 14 begun his new journey as the Chief Strategy Officer of the Standard Bank Group (SBG). His new responsibilities include strategy development and ensuring that the Group reaches its ambitious strategic ambitions. Prior to joining Standard Bank, he was a Managing Director and Senior Partner at Boston Consulting Group (BCG) in South Africa with more than 25 years of experience serving leading institutions across Europe, the US, and Africa. He was the head of BCG Norway for five years and was the head of BCG South Africa for five years. “I wish to thank…
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