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PostBank Uganda Limited, a financial institution that is committed to transforming lives and livelihoods, has on Tuesday announced its flagship CSR activity for the year 2022 that will be headlined under the Bank’s Financial Literacy and Skills Enhancement pillar. The CSR activity will be conducted in partnership with the Federation for Small and Medium Sized Enterprises (FSME) under the theme “Yongela Ko Omutindo.” It is aimed at equipping SMEs countrywide with value addition and financial literacy skills. “This year we decided to focus on our financial literacy and skills enhancement pillar, because of the many disruptions in the SME space….
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Uganda’s Small and Medium Enterprises (SMEs) in Uganda are set to benefit as dfcu Bank launches a brand-new product offering aimed at giving them an opportunity to enjoy banking while operating an account that speaks to their business needs at their convenience. Under the ‘Sukuma Business ne dfcu’ offering, the bank is calling upon SMEs in all regions – Central, Metro, East, West and Northern Uganda – to open Personal Current and Enterprise Current Accounts and reap immense benefits such as no Charges on UGX Deposits, dedicated Business Bankers, reduced fees on monthly and transfer charges, access to friendly and…
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EFC Uganda Limited (MDI), now in its tenth year, is relatively young in Uganda’s banking arena but has grown over the years by leaps and bound; being listed among the fastest growing financial institutions supervised by Bank of Uganda between 2018 & 2020. Shem Edmond Kakembo -Managing Director speaks to CEO East Africa Magazine, and among other areas, states that theirs is a niche player serving exclusively small and medium enterprises in Uganda Briefly take us through EFC Uganda & it’s journey to being one of the fastest growing micro financial institutions in Uganda. EFC Uganda is a relatively young…
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Stanbic Business Incubator Limited (SBIL) has awarded 700 Small and Medium Enterprises (SMEs) with certificates in enterprise development, this, after three months of training in financial literacy, business planning, contracts and bid management. The participating SMEs were drawn from a wide range of sectors including oil and gas, transport, renewable energy, hospitality, agribusiness, and manufacturing. The SMEs which participated in the training program were selected after a competitive application process that got entries from Kampala and across eight districts from eastern, western and northern Uganda. The training was conducted under the Enterprise Development Program (EDP), which is SBIL’s flagship programme…
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The Uganda Registration Services Bureau (URSB) and the Stanbic Business Incubator (SBIL) have signed a Memorandum of Understanding (MoU) which will see 500 micro, medium and small enterprises (MSMEs) trained and supported to become compliant and sustainable businesses annually for the next five years. The partnership and collaboration will focus on training SMEs about URSB services and enterprise development under SBIL’s Enterprise Development Program. Tony Otoa, the Chief Executive, SBIL, and Mercy K. Kainobwisho, the Registrar General, URSB, signed the Memorandum of Understanding in Kampala. Speaking at the signing yesterday, Mercy K. Kainobwisho said URSB the initiative between URSB and…
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