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…
As Northern Uganda continues to achieve and drive economic transformation, dfcu Bank stands hand in hand with the region, equipped with a strategic plan and the resources required to support the region’s burgeoning potential. The bank’s innovative solutions, localised products and community interventions aim at fostering sustainable development by channelling investment into key areas that will benefit the region’s inhabitants, businesses and communities. More recently, Northern Uganda has gained attention for its significant mineral deposits, including gold, copper, graphite and rare earth elements. This resource boom promises to reshape the local economy, creating new opportunities for businesses and communities. However,…
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The Uganda National Lottery has officially launched, marking a landmark moment at Speke Resort Munyonyo on Friday, July 26. Industry leaders, business magnates, and key government officials from across Africa gathered to celebrate alongside ITHUBA Uganda the newly appointed operator, regulated by the National Lotteries and Gaming Regulatory Board. The high-profile event follows the Uganda National Lottery’s ticket sales launch on June 1, 2024. Since ticket sales began, over 3,000 winners have already claimed their prizes. Charmaine Mabuza, CEO of ITHUBA, highlighted this achievement, stating,”We are thrilled to see over 3,000 winners since our launch and are eager to share…
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The Association of Chartered Certified Accountants (ACCA) Uganda and Deloitte Uganda have announced the renewal of their strategic partnership, aimed at advancing capacity building and recognizing excellence among Chief Financial Officers (CFOs) in Uganda. The renewed collaboration will span the next three years, reinforcing the commitment of both organizations to foster professional development and acknowledge outstanding financial leadership in the country. The first deliverable of this partnership will be the prestigious CFO Awards, set to take place on Thursday, 17th October 2024, under the theme; ‘Pushing Boundaries, Exploring the Growth Mindset. Nominations open Monday, 29th July, 2024 and close 6th…
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VAAL Real Estate has broken ground for Cadenza Residence, its flagship project in Uganda. The event, held at the project site on Plot 1 Katonga Road, Nakasero, marks the official commencement of construction for this prestigious project, which according to the developer, “is set to redefine luxury living in Kampala”. The groundbreaking ceremony was attended by key stakeholders, including representatives from the Kampala Capital City Authority (KCCA), esteemed clients, VAAL Real Estate staff, and the media. “Cadenza Residence is poised to become a landmark in Kampala, offering luxury residences that combine sophisticated architecture with cutting-edge facilities. The development will include…
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This week, VAAL Real Estate the latest entrant into Uganda’s bustling real estate industry, unveiled Cadenza Residences, a 308 luxury homes project in Nakasero, a leafy upscale Kampala neighbourhood. Described by the developers as a “masterpiece” and a piece of “architectural brilliance” on a “prestigious address”, Cadenza residences will be built at the confluence of Plot 1 Katonga Road and Sezibwa Road. At 24 storeys and 80 metres high Cadenza Residences, when it is completed in July 2027, will be a towering edifice on the Kampala City skyline. “Inspired by the intricate beauty of a Cadenza, a solo passage in…
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PostBank this week engaged over 150 Arua District farmers in value addition skills under its Agri-SME Skills Development Programme. The move is to enable them explore trade opportunities across the West Nile region. The 150 cassava farmers and SMEs involved in different stages of the value chain underwent a 4-day extensive training under the PostBank Agri-SME Skills Development Programme, facilitated in partnership with Federation of Small and Medium Enterprises (FSME) with the aim of equipping them with value addition skills. The training session involved 3 days of technical training that took place at Kabia and Sons Millers where the farmers…
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In a strategic move to elevate patient care and experience, C-Care has opened a new clinic combined with diagnostics in Wandegeya, a suburb of Kampala, to a more spacious and aesthetically appealing location on Haji Musa Kasule Mall. C-Care previously operated a smaller facility in the area that had several limitations to patients with access and service availability. “This new location is a testament to C-Care’s commitment to its mission of delivering the most caring medical expertise, always putting our patients first,” the healthcare provider said in a statement. “The new location at Haji Musa Kasule Mall is more…
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Forty exceptional university students are set to embark on transformative training and mentorship at the Equity Bank Innovation Hub, where they will delve into the intricacies of app development, tackle technology challenges and exchange groundbreaking ideas. This six-month-long incubation intensive program aims to boost their productivity and creativity. Following the initial training, the scholars will join 400 other Equity Leaders Program scholars from across the region in Kenya for further incubation training. This phase will expand their knowledge and provide invaluable insights into the tech industry. The launch of the Equity Group Innovation Hub is pivotal, as Equity Group spearheads…
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Absa Group has launched a grand plan that will ensure its clients to benefit from enhanced features such as advanced machine learning algorithms, and improved data analytics – technologies that are crucial to delivering faster, more accurate customer service and tailored financial solutions – thereby elevating the standard of digital banking across Africa. Absa Group Chief Information and Technology Officer, Johnson Idesoh said, the bank is strengthening its digital offerings across all segments using advanced analytics to enhance clients’ digital experience “This means that pursuing constant innovation and adopting sustainable technology practices through collaborative partnerships remain key focus areas for…
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Equity Bank Uganda Limited in partnership with KPMG and Daily Monitor has officially launched the 2024 Uganda Top 100 SME survey campaign under the theme: ‘Empowering SMEs for a Monetized Uganda: Catalysing Growth through Innovation, Sustainability, and Market Access.’ The campaign seeks to identify Uganda’s fastest-growing and medium-sized companies that demonstrate business excellence and showcase some of the country’s most successful and powerful entrepreneurship stories. The campaign targets SMEs with a turnover of UGX 360 million to UGX 25 billion engaging them in a 3-month survey which will culminate in a gala dinner in December. Equity Bank’s participation as the…
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