The Ministry of Education and Sports has authorized international schools to continue Term Two instruction and ongoing examinations, citing alignment with international academic calendars and the need to maintain uninterrupted...
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,…
Having made considerable strides in its digital transformation strategy, that among others include digitising its access channels that now WhatsApp, USSD and the web, culminating in the launch of the LetsGO Digital Mall in 10 regional markets, the Letshego Group has now announced it intends to extend this investment by investing in digitally skilling youth in communities where it works. The African Financial Services group that operates in 11 Sub-Saharan markets in a 14th December 2021 media statement announced, it was rolling out the LetsGO Digital Academy, a training initiative that would impart much-needed digital skills amongst youths in the…
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Airtel Uganda in partnership with Buganda Kingdom have relaunched the Airtel K2 partnership. This was revealed at a press briefing held last week at Bulange in Mengo. Started in August 2018, the Airtel K2 partnership saw the integration of K2 customers into the Airtel fold under the number ranges 708 and 709. They have full access to Airtel’s wide range of affordable Voice, Data, Mobile Money services that they opt in. Speaking at the event, Airtel Uganda Managing Director Manoj Murali said, “we are culturally aware of Uganda’s diversity and by joining with Buganda Kingdom on this partnership we recognize…
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Bank Of Africa – Uganda Ltd says it has been continuously investing in enhancing its customers’ experience. Over the last two years, the Bank says it has invested heavily in the enhancement of its digital platforms offering, with specific emphasis on the mobile wallet and Internet banking. The bank says over 70% of its customers are registered for the use of mobile wallet and the channel remains the Bank’s most popular channel with customers and boasts of a wide range of services. “The needs of the Bank’s customers for digital seamless services were heightened by the COVID-19 effects specifically the…
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As the festive season sets in, brewer Nile Breweries has launched a mobile vaccination drive aimed at reaching locals at their places of work and homes. “In his previous speech, HE President Museveni, indicated the need to also reach far places and elderly who can’t go to the vaccination centres. Out of this need, we have decided to intervene through having a Mobile Vaccination drive within select districts along the routes of our sales teams routine,” said David Valencia, Country Director, Nile Breweries. The brewer is collaborating with district health teams in select areas to make vaccination more accessible to…
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Power distributor Umeme connected 125,000 new customers to the grid in the 11 months to November 2021. This represents a 54% growth in new connections from 57,000 recorded in the same period in 2020. “Of the 125,000 connected customers, 53,000 were self-funded and the remaining 72,000 through the Government subsidised programme Electricity Connections Policy (ECP). However, we still have challenges financing the Electricity Connections Policy. We have about 217,000 pending connection applications, requiring a funding of UGX224 billion,” Selestino Babungi, Umeme’s Managing Director, told Reporters at the Utility’s end-of-year press briefing. He disclosed that the Company was completing capital investment…
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Small and Medium Enterprises (SMEs) now have a more efficient access to credit thanks to a newly established technological gateway to European-based investors. This comes after the launch of a partnership between CapitalSavvy, a Ugandan investment management and advisory firm and Monetix, a Swiss based financial technology development company, today in Kampala. The joint venture is expected to support SMEs with innovative finance solutions key of which is an end-to-end digital solution that enables clients to apply for loans and get disbursements done on mobile money or their bank accounts, with minimal physical interaction. “The only part where we interface…
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After an impactful 27 years at PricewaterhouseCoopers Uganda, Francis Kamulegeya has announced that he is taking early retirement out of the accountancy firm come June 2022. He also announced that Uthman Mayanja has been appointed as the new Country Senior Partner of PwC Uganda with effect from 1 January 2022. “After 27 years of working with PwC. 17 of which as a Partner based in Uganda. I will be taking early retirement from the firm at the end of June 2022. It has been an honour and privilege to be of service to you, our clients, and friends, and…
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The LC5 Chairperson of Busia Stephen Wasike Mugeni has asked Ugandans to buy shares in Umeme to benefit from the good performance of the Utility. Wasike, while speaking at the opening of the Busia Service Centre earlier this week said Umeme’s performance over years was glowing and the locals should be part of the success by buying shares since the Company is listed on the Uganda Securities Exchange. He commended the utility for bringing their services closer to the community. “People in Busia are grateful that Umeme is now responding to their issues. This new Service Centre will address most…
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Cairo Bank Uganda has bid farewell to their Managing Director Ahmad Maher Nada, who will be leaving the Bank at the end of the year following the expiry of his contract. Maher will be taking on a new assignment with Banque Du Caire in Egypt. Speaking during the event, Ahmad said; “The decision to leave the bank after three and a half years is one that I reached after much reflection. It has been my utmost privilege working with the dedicated Board, Management and Staff of Cairo Bank. I am proud of all we have accomplished together in service of…
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Christmas has come early for Victoria University (VU) as the National Council for Higher Education has approved the granting of a charter to the institution . A charter is issued by a relevant authority to create or recognize a university. It is the grant of authority or rights, stating that the granter formally recognizes the prerogative of the recipient to exercise the rights specified. The letter from the NCHE to Victoria University The acquiring of the charter means Victoria University is now comparable to public universities with the government of Uganda recognition and certification. In a tweet, Dr Lawrence Muganga, The VU Vice Chancellor said: “At…
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