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…
Uganda’s National Environmental Management Authority (NEMA) has spoken out, clearing the air about the ongoing works at the Speke Resort Munyonyo. The environmental watch has clarified that the ongoing works by the shores of Lake Victoria have been approved and that no encroachment and or refilling of the lake has taken place. Posting on its Twitter account, NEMA dismissed the videos being circulated on various social media platforms alleging that development works at the lake-side resort are encroaching on and degrading Lake Victoria. The Authority also clarified that it had approved the plans by the resort to undertake works at…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Western Uganda is richly ornamented with various tourist attractions— both natural and manmade, often astride each other. One such jewel is Jacana Safari Lodge on the fringes of Imaramagambo Forest in Southwestern Uganda. The forest itself is on the edges of the mighty Queen Elizabeth National Park- a medley of wonders, straddling the Equator and teeming with several animal and bird species—95 mammal species and over 600 bird species to be exact. The park is home to at least 20 carnivores- including the lions, leopards, the side-stripped jackal and spotted hyena among others. Set against the backdrop of the famous…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Former Uganda Breweries Ltd (UBL) Managing Director, Nyimpini Mabunda, on Thursday, July 13th held a conversation on career acceleration telling stories and life lessons from his personal journey to the top. The talk was held at the launch of his new book “Take Charge: Life Lessons on the Road to CEO” which took place at Humura Hotel in Kampala. The conversation that was part of the CEO Summit Apprentice Programme, in partnership with Uganda Breweries Limited under their Single Malt brand⏤ Singleton, was attended by up-and-coming CEOs, industry leaders and the 2023 Cohort of the CEO Summit Apprentice Programme. Uganda…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Standard Chartered (the Bank) and Access Bank Plc (Access) have today, July 14th entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking (CPBB) business in Tanzania. Each transaction remains subject to the approval of the respective local regulators and the banking regulator in Nigeria. The agreements were signed by Sunil Kaushal, Regional CEO, Africa & Middle East, Standard Chartered and Roosevelt Ogbonna, Group Managing Director, Access Bank Plc at Standard Chartered’s headquarters in London in the presence of senior representatives from both banks….
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Letshego Uganda, a subsidiary of Letshego Holdings Limited (“Letshego Group”), has partnered with Africa’s leading insurtech Turaco Insurance Brokers Ltd (trading as Turaco), to provide affordable health insurance coverage to Letshego customers. The partnership aims to help mitigate health-related financial risks in line with Letshego’s mission of empowering the underbanked and driving financial inclusion in Africa. With a mere 1% of Ugandans currently covered by formal insurance plans, the partnership will help bridge that gap. Letshego customers will now be able to safeguard themselves and their families against unforeseen medical-related expenses. The “LetsGo Insure” insurance product will be an embedded…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
C-CARE Uganda, a renowned healthcare organisation that owns C-Care IHK, a multi-speciality hospital and C-Care IMC, which offers primary and tertiary healthcare services in 20 different locations nationwide, has expanded its reach by establishing its 20th facility in the country. The new facility, located in the city of Lira, began its operations on July 10th, 2023. The C-Care network now has three medical facilities in northern Uganda, in Gulu, Arua and now Lira. C-CARE Uganda organised a free health camp to mark its inauguration, offering essential services such as HIV screening, Hepatitis B screening, and free doctor consultations. The camp…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Ruparelia Group, through Meera Investments Limited, its property development arm has commenced the construction of One-10 Apartments, its one-of-a-kind luxury for-sale homes project in Kololo, an upscale neighbourhood in Kampala, Uganda’s capital city. One-10 Apartments according to the developers, offers 156 units⏤ including 143 one, two, three and four-bedroom apartments and 13 three, four, five and six-bedroom penthouses. The project was recently redesigned and upgraded from the initial 110 apartments to 156 units and expanded to 17 storeys. Kololo— Kampala’s Most Vibrant Location One-10 Apartments is located in Kololo on Prince Charles Drive – a leafy affluent and diplomatic zone…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Contrary to many beliefs that the internet, especially internet-based messaging platforms have dislodged SMS as a messaging tool, SMS is still a powerful platform whose power is not fully understood and leveraged by marketing and communication decision-makers. According to the UCC Q4 2022 Market Report, there were 38.1 million connected devices, up from 37.2 million in Q3 2022. Of these, 25.8 million or 68% of all connected devices were either feature phones (23.8 million) or basic phones (2 million). This is nearly 2 million more than than the traditional media audience- estimated at 24 million by the Ipsos 2022…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
PostBank Uganda, in partnership with MTN Uganda, has launched “Wendi,” an innovative mobile wallet platform designed to support the government of Uganda in the seamless disbursement of PDM (Parish Development Model) funds. Wendi is an electronic payments platform powered by PostBank that strategically pivots on group savings and funds management, digital money savings, transfers, deposits, and withdrawals, to drive financial inclusion within unbanked Ugandan communities. The news comes, a few days after the bank was granted a licence by the Bank of Uganda under the National Payment Systems Act, 2020 to provide Payment Service – Class A, specifically as a…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Shareholders of BAT Uganda have approved UGX 10.3 billion (UGX 209 per share) as a first and final dividend for the year ended 31st December 2022, during the Company’s 23rd Annual General Meeting (AGM) held today, 6th July 2023. The dividend, which is in line with the Company’s 100% dividend pay-out policy, will be paid net of withholding tax on 1st August 2023. During the AGM, the Company also celebrated its 95th year of operation in Uganda. Mathu Kiunjuri, the BAT Uganda Managing Director, said that while the business’ fundamentals remained solid as evidenced by the company’s sustained investment in…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
