PostBank Uganda has unveiled its first-ever digital campaign dubbed Digital Banking, Beyi Powa, in an effort to increase the number of customers transacting with its digital platforms. Unveiling the campaign to the public today, Julius Kakeeto, Managing Director, PostBank Uganda said; “I am delighted to unveil an important marketing communications campaign in our history because of its significance to PostBank but most importantly, to you our customers who continue to be loyal especially during these difficult times brought about by COVID-19,” Kakeeto said. “As you may all be aware, he added, COVID-19 has changed the mode of operation across the…
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By Wanda S. Ronald The Convid-19 pandemic has had a great impact on the world order and has introduced a new normal, most activities have come to a standstill and has affected several business operations due to the restriction measures issued by several countries. Some of the measures to date include a ban on large gatherings, restriction on movements in and out of the country, among others. However, despite the pandemic business operations have to continue and Organisations have to continue complying with the statutory mandates which include; holding of Annual General Meetings, statutory filings at Uganda Registration Services Bureau,…
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The Financial Year 2019-20 (FY 2019-20) has been a bag of mixed fortunes. The first half of FY 2019-20 was smooth, and the Fund performed well beyond its targets, collections and member registration, exceeding set targets and the economy seemed well on the road to recovery. This was rudely interrupted by the outbreak of the Covid-19 pandemic towards the end of December 2019. The real impact materialised after March 2020, significantly changing the way businesses operate, with a devastating effect on the global economy. Operating environment In FY 2019-20, Uganda’s economy grew at 3.3% compared to the projected rate of…
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As government gradually reopen the economy and movement restrictions continue to be eased, companies and organisations have put in place measures to ensure safety of their employees. Uber is such a company. Here below Brian Njao, Head of Uber in East Africa, talks to CEO East Africa Magazine about the various measures put in place to support and protect drivers against the spread of COVID-19 and the future of Uber after COVID-19. What is Uber doing to ensure convenient mobility without compromising safety?We know that the transport industry in Uganda is facing new and unpredictable challenges as the coronavirus continues to…
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In his 20th speech on COVID-19 Sunday evening, President Yoweri Museveni said Entebbe airport will re-open to tourists and Ugandans coming in as government relaxes lockdown measures that had been put in place to stem the spread of Coronavirus. Uganda Civil Aviation Authority (UCCA) spokesperson Vianney Luggya says everything is ready for the airport to re-open. He, however, adds that there are vital things that Ugandans or anyone intending to use the airport must know. Here below is the list of those things: Commercial passenger operations resume on October 1, 2020 “The resumption of commercial passenger flights is in phases….
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By Nathan Were The Covid-19 pandemic has left a US$2.3 billion debt hole across the six East African countries since the first Covid-19 cases were reported in March 2020. Kenya has been the biggest beneficiary of debt financing with a whopping US$1.5 billion, while Uganda has secured slightly over US$540 million. These loans have largely been directed towards cushioning the countries against disruptions caused by the virus – mainly the shortfall in domestic tax revenue orchestrated by the sudden halt in economic activity and the need to invest in health care facilities for better management of the Covid-19 patients. The…
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Billionaire founder and Chairman of the Ruparelia Group, Dr. Sudhir Ruparelia has urged Ugandans to continue strict observance of the government guidelines on COVID-19, saying that in the interim, this remains the best option of avoiding catching and spreading the disease. Dr. Sudhir, briefly spoke to CEO East Africa Magazine in a phone interview today, after a test he took yesterday, September 22nd for the disease returned negative. “Covid-19 is here with us and it will be for a couple of other months. We have to live with COVID-19 for at least the next 18 months when experts say a…
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The Japanese government has today signed a US$3.8 million (UGX14 billion) grant to Uganda under the Economic and Social Development Program. Finance Minister Matia Kasaija signed the Exchange of Notes on behalf of the Ugandan Government while the Japanese Ambassador to Uganda, Kazuaki Kameda signed on behalf of the Japanese government. According to the Finance ministry, the Grant funds to the Ministry of Health will be used to procure Ambulances, hospital beds and other medical equipment to address the Covid-19 impacts. Finance Minister said this support will relieve the pressure on the already existing infrastructure in the various health facilities…
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By Edward Musinguzi Before COVID-19, many organisations did not have a clue on how to protect themselves against events that would disrupt their operations. Even those few that had a semblance of some means to help them cope during interruptions to their services, did so by making and keeping copies of their information and data only. Sadly, for an extended period, almost all countries will continue to be exposed and get severely affected by the current pandemic. That is why, without doubt, many institutions, if not closed or gone under now, wish they had anticipated and prepared better to respond…
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MTN Uganda recently launched a Mask campaign dubbed “Wear It for Me”. The campaign that will run throughout the month of September is hinged on the influence of mothers on their children and society as a whole. MTN’s General Manager Corporate Affairs Enid Edroma talks to CEO East Africa Magazine about the campaign. Tell us about the new #WearItForMe mask campaign that MTN launched last week. #WearItForMe is the next phase in MTN’s COVID-19 response under its Y’ello Hope umbrella programme, which has been set up to provide much-needed support during times of societal need and aims to create a…
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