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…
Kampala Associated Advocates (KAA) has been tapped to represent Stanbic Bank Uganda and its parent, Stanbic Uganda Holdings Limited, in one of the largest transfer-pricing disputes to reach the Tax…
The Katikkiro of Buganda Kingdom, Charles Peter Mayiga, has assured coffee farmers in the kingdom that the European Union Deforestation Regulation (EUDR) registration exercise will bring numerous benefits to their livelihoods. During a meeting with key stakeholders in the coffee sector at Bulange Mengo on Friday 6, Owek. Mayiga emphasized that the registration of coffee sector players is intended to benefit farmers to secure access to the European Union market, which offers Ugandan coffee farmers better prices and enhanced market opportunities. Katikkiro assured farmers that the registration exercise will not attract additional taxes or levies but is a necessary step…
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The Institute of Corporate Governance Uganda (ICGU) in collaboration with Grant Thornton Uganda have officially launched the 3rd Corporate Governance Awards 2024 under the theme; “Recognizing Resilience and Sustainable Impact” scheduled to take place on Friday, 18th October, 2024 at Sheraton Kampala Hotel. The Awards are as a result of voluntary corporate governance self-assessments submitted by over 200 organizations from different sectors, and also form a broader strategy to facilitate corporate governance adherence and observance in both the public and private sector. Geoffrey Kihuguru, the IGCU President said, the 3rd Corporate Awards aim at assessing organisations representative of the economic…
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The Uganda Coffee Development Authority (UCDA) and the National Task Force held a crucial meeting with journalists to discuss the upcoming European Union’s Deforestation Regulation (EUDR) and Uganda’s preparedness to comply. The meeting held at Hotel Africana on Tuesday, September 3, 2024 was part of national efforts to engage stakeholders and raise awareness about EUDR compliance. Mr. Robert Nangatsa, an Extension Manager at UCDA briefed the media on the nationwide registration drive for coffee farmers, aimed at streamlining exports and ensuring compliance with EUDR. “The EU market is crucial for Uganda’s coffee industry, accounting for approximately 60% of our exports….
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dfcu Bank has been unveiled as one of the key financial institutions that will champion and implement the GROW project across Uganda. GROW stands for Generating Growth Opportunities and Productivity for Women Enterprises. The announcement was made at an event hosted by the Private Sector Foundation Uganda (PSFU) to officially launch the initiative. The Vice President of Uganda, H.E. Jessica Alupo officiated over the event which was attended by multiple ministers, members of parliament, development organisation partners and female business owners. The GROW Project, funded by the World Bank, and implemented by the Ministry of Gender, Labour and Social Development…
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Legendary singer Joseph Mayanja aka Jose Chameleone, put on one of his best shows in recent times as he marked 25 years in the industry, at his sold-out “Legend in Gold” concert held at the Kampala Serena Hotel on Saturday, August 31, 2024. With I&M Bank Uganda as the official banking partner, the event served as a perfect celebration that saw Chameleone perform almost his entire music catalogue. The show had no curtain raisers, so Chameleone went straight into business. Donning a golden robe, the star singer took to the stage at exactly 9:10pm, and he kicked off his performance…
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The UK’s leading ABBA tribute act, ABBA Re-Björn, is set to rock Kampala on Friday, 6th and Saturday, 7th September 2024, in what will be their debut performance in Uganda. The event, which is powered by I&M Bank Uganda, and Uganda Breweries Ltd (UBL), under their premium gin brands- Gordon’s Gin and Tanqueray, will be held at Somewhere Else Bar and Restaurant in Naguru. During a press briefing to announce the event, Peter Bowser, the event promoter, and proprietor of Somewhere Else, assured the press that all is set, and promised fun and enjoyment for all attendees come next weekend….
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Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants, announced today that it has appointed Joanita Mukasa Menya its Managing Director of Vivo Energy Uganda. She assumes office effective September 1st 2024. She replaces Johan Grobbelaar who leaves to take on a new role within the Vivo Energy Group. The company said in a statement that under Johan Grobbelaar’s leadership, “Vivo Energy Uganda solidified its market-leadership position by expanding the Shell service stations network, launching sustainability projects, and driving innovation in its services”. “His commitment to operational excellence and customer satisfaction has been a driving force…
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Over the past decade, the banking industry has been part of the digital age continuously adapting the latest technology innovations to redefine how customers interact with banks. The digital age, which is a successor to the Industrial age, has its peculiar challenges because most of the information is too massive, and the human brain may not have the capacity to make sense out of it. That’s why Artificial Intelligence (AI) and machine learning comes in handy to make use of that information. The thinking we have as PostBank is to leverage data to improve our banking experience for customers. How? Move…
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dfcu Bank has reaffirmed its commitment to transforming lives, businesses, and communities across Uganda through its “60 Acts of Kindness” staff campaign with all the Bank’s staff around the country taking part in a series of corporate social responsibility (CSR) initiatives. Funded by both individual staff and bank contributions, the campaign is part of dfcu Bank’s celebration of its 60-year legacy as a Ugandan bank that has played a significant role in the socioeconomic development of the country, since its origins as a development finance institution. Since May 2024, the Bank’s employees have actively participated in numerous community-impact activities, demonstrating…
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With more than two-thirds of Uganda’s population dependent on agriculture for a livelihood and a rapidly expanding population, investing in agriculture does not only boost food security but can also be a pathway to job creation. Equity Bank’s support towards improving the productivity of small-scale food producers through secure and equal access to land and inputs, knowledge, financial services and markets, holds immense promise for socio-economic transformation. Equity Bank has not only managed to support farmers but also other value chain players such as suppliers of inputs, processors, and aggregators. “For our agricultural lending, we started by focusing on smallholder…
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