On Thursday, July 3rd, I&M Bank Uganda conducted two blood donation drives, as part of its Corporate Social Responsibility, aimed at further boosting the national blood bank capacity. The drives,…
A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion (UGX 5.8 trillion) during a cabinet-level meeting scheduled for Wednesday, March 26, 2025. The meeting, convened by the Prime Minister, is expected to consider 12 separate loan requests from various ministries and government agencies, targeting key sectors such as roads, energy, water, health, agriculture, and financial services. Loan proposals listed in the memo: €186.97 million and an additional €19.46 million from the African Development Bank for the Busega–Mpigi Expressway. €198.6…
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I&M Bank Uganda, on Wednesday, 19th February 2025, conducted five blood donation activations as part of its Corporate Social Responsibility, aimed at further boosting the national blood bank and helping save lives. In partnership with Uganda Blood Transfusion Services (UBTS), the bank conducted blood donation drives at its Head Office at Kingdom Kampala, Kawempe Branch, Entebbe Branch, Jinja Branch and Arua Branch. A total of 135 units of blood were collected from the I&M Bank Kawempe, Entebbe, Arua, Jinja, and Kingdom Kampala branches. Both the bank staff and community members actively participated in the exercise, showing support and also helping…
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PostBank Uganda has today teamed up with Uganda Blood Transfusion Services (UBTS) to rally Ugandans to donate blood to ensure that health centers have enough blood to save lives. The call was made today by PostBank Uganda Managing Director, Julius Kakeeto during the launch of the blood donation drive that kicked off today at the bank’s Head Office. The partnership between the two entities will see similar initiatives rolled out across the Northern, Eastern and Western regions of Uganda where the bank has a footprint. “We all know that many people travel a lot during the festive holidays. Unfortunately, the…
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Vice President Maj. (Rtd) Jessica Alupo has praised Stanbic Bank for its significant contributions to Uganda’s socio-economic growth, especially through community-focused initiatives aimed at uplifting vulnerable sectors. During an event held over the weekend, Alupo expressed her appreciation as the bank donated medical equipment valued at UGX 35 million to Katakwi General Hospital in Teso sub-region, marking another milestone in Stanbic’s ongoing support for the health sector. Alupo lauded the donation, which included three patient beds, two delivery beds, two patient monitors, a baby incubator and warmer, along with 100 Mama kits, as a “beacon of hope” that would strengthen…
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Silvia Nyambura In fulfilling part of its corporate social responsibility, Vivo Energy the distributers of Shell products in Uganda has introduced a road safety education program to raise awareness in a bid to reduce road carnage. The program which it is running in partnership with the Uganda traffic police , schools and Safe Kids Uganda aims at training over 2400 boda boda riders and school children in a bid to inculcate a road safety culture among them through increased awareness. Vivo Energy MD Hans Paulsen said 1.3 million people die in road accidents annually on a global scale while Uganda…
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By Patrick Kagenda As Uganda prepares to refine its own oil come 2017, other preparation in ensuring the refinery is build are ongoing and nearing completion. With government nearing completion of compensating the people where the refinery will be built in Kabaale parish Buseruka Sub county in Bugahya county Hoima district, the road to deliver the much needed refinery equipment is nearing completion. Working with all the determination to meet the deadline for completion of the Hoima-Kaisotonya road, Turkey`s Kolin Construction Company the company that was contracted to build the 92 kilometres road to the oil wells in Kaisotonya says…
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By Patrick Kagenda Shortly after the Britam Board of Directors holding their general meeting in Kampala and appointing a new CEO for their Uganda field in a bid aimed at strengthening Britam`s position in Uganda, Britam insurance`s new CEO Alan Mafabi is talking tough on how he is set to revolutionise the Ugandan insurance industry. Despite insurance penetration in Uganda being quite low at around 0.8% of the GDP according to industry sources, Mafabi is basing his growth plans on the growing middle class as well as developments in the oil and gas sector that present the insurance industry with…
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By Patrick Kagenda Despite Ecobank failing to realize profits five years after its inception in Uganda, the bank is continuously rolling out new products to prove its resilience in hard times and to further make a statement that it is a continental bank and here for life. Hardly a week after opening its 13th branch in Uganda in Jinja town, 54 kilometers east of the Capital Kampala, the bank during the last week of January 2014, signed a seven year US$ 7 million (Ushs18billion) joint loan agreement to expand access to credit for the private health sector in Uganda. The line of credit will enable Ecobank offer credit…
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By Patrick Kagenda Shortly after being acquired from its original founders, Victoria University, which now is the first downtown University in Uganda`s capital Kampala, has promised to revolutionize university education in the country through offering a top quality studying environment. The University which is fully accredited by the National Council for Higher Education (NCHE) will offer 14 academic programmes through its morning, evening and weekend classes. The ultra modern, sound proofed 8 floor Victoria University campus located at plot 1-13 Jinja road has capacity to seat 3000 students at one go on all its 8 floors where it has lecture halls including a library and research labs that…
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