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…
Victoria University, Kampala has partnered with the United Kingdom’s University of the West of England Bristol (UWE Bristol), allowing students from Victoria University to complete their degrees in the United Kingdom, should they choose to do so. The University of the West of England (UWE Bristol) is a modern university in the thriving city of Bristol. UWE Bristol is one of Britain’s most popular universities, with more than 30,000 students and 3,000 staff and is the largest provider of higher education in the south west of England. Students come to UWE Bristol from all parts of the UK, as well…
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The need to meet performance targets and meet customer needs notwithstanding, workplace health and wellness, must never be compromised, as it is necessary for attracting and retaining a healthy workforce, which is by far, the most valuable resource for every organisation, Dr Alan Shonubi, the Uganda Baati Chairman has advised. “In the fast-paced world of business, health is a precious asset that is usually taken for granted. Employees are consumed by deadlines, targets, and their daily life programs forgetting to prioritise their health,” observed Dr. Shonubi. He was speaking at the launch of the company’s Health and Wellness Week on…
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Uganda Baati Limited, a member of the Safal Group, has unveiled cutting-edge stone-coated steel roof tiles under the brand name Lifestile®. This revolutionary stone-coated steel roof tile combines light weight, durability, aesthetic appeal, and unparalleled performance, thus redefining the standards of premium and excellence in roofing solutions. The State Minister of Urban Development, Honorable Kania Mario Obiga, officiated the event at the Kampala Serena Hotel. Commenting about the significance of the new product, George Arodi, the CEO of Uganda Baati said: “We understand the significance of reliability and durability when it comes to building solutions; we have won many awards…
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Housing Finance Bank has joined hands with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and other partners to support efforts towards building smart cities in Uganda. Last week, the bank hosted the official kick-off event of the Open Innovation Program at its headquarters in Kololo.The Program, an initiative commissioned by Make-IT in Africa, a project by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, aims at advancing innovation that promotes smart cities. The programme also bridges the gap between private and public sector needs by allowing early-stage innovators and entrepreneurs to take their technology-driven solutions to the next level. The Open…
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Interswitch and Equity Bank have entered into a partnership that gives Equity customers faster and more affordable access to banking services at over 650 Interswitch-enabled ATMs countrywide. The partnership will also enable Equity Bank Uganda ATM machines to accept customer bank cards of other local participating banks and institutions on the Interswitch network. Equity Bank also becomes an acquirer for Verve cards adding to its wide portfolio of cards accepted by all Point-of-sale machine locations and ATMs countrywide. There are approximately 250,000 Verve card holders in Uganda. Announcing the partnership at a press launch held at Sheraton Hotel in Kampala on…
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Last year, the National Research Repository of Uganda (NRU) reported that imports and use of packaging and plastics in Uganda have increased six-fold within the last three years. While this is a sign of a growing and diversifying consumer economy, which creates business and employment opportunities for more Ugandans, it has also accelerated the challenge for sustainable management and recycling of plastic waste. Plastic has become an indispensable part of modern life, providing a hygienic, affordable, lightweight and convenient packaging material for food and beverage products, but plastic pollution also threatens the sustainability of freshwater systems and marine life. Although…
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To strengthen leadership and governance, New Vision Printing and Publishing Company Limited (Vision Group), Uganda’s largest multimedia company recently appointed two Board Directors and two members of the Board Audit and Risk Committee. The two board directors are Dr. Patricia K. Litho, an academician, researcher, and media practitioner as well as Dr. Edward Damulira Sengonzi, an accomplished accounting professional. The Board Audit and Risk Committee members are Mr. Paul Banadda Kiyingi, an accounting expert and Ms. Juanita Kakyubya Karamagi, a project management professional. The Patrick Ayota-led Board also has Sarah Irene Walusimbi, Robinah Kaitiritimba Kitungi, Peter Kawumi, Michael Nyago,…
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Creditinfo Group, one of the leading global service providers for credit information and risk management solutions, has announced that it has acquired the operations of Experian Uganda and Namibia. As part of the acquisition, Creditinfo has taken on all employees working in the credit bureaus, which were previously owned by Experian. Established in 1997 and headquartered in London, UK, Creditinfo is a provider of credit information and risk management solutions worldwide. With more than 30 credit bureaus running today, Creditinfo is one of the companies with the most considerable global presence in the field of credit risk management. According…
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After three years with Stanbic Uganda Holdings Limited (SUHL), Joram Ongura, will be leaving his role as Chief Executive for SBG Securities Uganda Limited (SBG Securities) effective the end of May 2023, to pursue other personal interests. SUHL Chief Executive Andrew Mashanda who will be acting as interim caretaker until a successor is named, said in a statement that, having assumed the role in January 2021, Joram embarked on the task at hand of setting up SBG Securities and built it into a market leader in asset management and securities business with enthusiasm. “As a pioneer leader for one of…
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Letshego Nigeria has won the prestigious 2023 Affirmative Finance Action for Women in Africa (AFAWA) Award at the just-ended African Banker Awards. The awards were held in Sharm-El-Sheikh, Egypt on 24th May 2023. Letshego was feted for allocating at least 63% of its loans to women-led SMEs in just one year. The award is a joint initiative of the African Development Bank (AfDB) and African Guarantee Fund, that acknowledges and encourages initiatives aimed at propelling financial inclusivity for “Women across the African continent”. The AfDB’s AFAWA is a Pan-African initiative to bridge the $ 42 billion financing gap facing women…
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