Governor Mutebile backs innovation as Orient Bank marks 25th anniversary

Governor Mutebile backs innovation as Orient  Bank marks 25th anniversary

PICTURE: ORIENT Bank founder and Vice Chairman Ketan Morjaria at the 25th Anniversary at Kampala Serena Friday, June 22, 2018 – Orient Bank Uganda Limited has today  celebrated 25 years of banking excellence in Uganda by launching a  revolutionary mobile banking application FastPay. The mobile banking application launched by the Governor Bank of Uganda Emmanuel […]

How Umeme seeks to avert estimated shs100b losses from power theft

How Umeme seeks to avert estimated shs100b losses from power theft

Kampala, Uganda, Friday, June 11th, 2018 – The judiciary and security forces in Bugisu region have promised to support Umeme in its bid to have power thieves prosecuted to curb the rampant vice. Speaking at the workshop between Umeme and Police, Directorate of Public Prosecution, and the Judiciary from the 12 districts in the Bugisu […]

SES Reaches 2.7 million TV Homes in Uganda

SES Reaches 2.7 million TV Homes in Uganda

Kampala – 6 June 2018: – SES, the world-leading satellite operator, transmits TV channels to 2.7 million TV homes in Uganda according to its Satellite Monitor study, which was conducted for the first time in the country. The Satellite Monitor is an annual market research study that provides valuable market insights for industry players, as well […]

Coca Cola recycling tonnes of Uganda’s plastic waste

Coca Cola recycling tonnes of Uganda’s plastic waste

Kampala – 5 June 2018:  To mark World Environment Day today, The Coca-Cola Company and its bottling partner Coca-Cola Beverages Africa – Uganda, reaffirm its commitment to help create a world without waste. World Environment Day was founded by the United Nations Environment to promote worldwide awareness and action for the protection of our environment. […]

DFCU begins Bancassurance sales as traditional brokers lose jobs

DFCU begins Bancassurance sales as traditional brokers lose jobs

Kampala, Uganda, Friday, June 1st, 2018. Over a year after dfcu’s acquisition of Crane Bank, Uganda’s second biggest bank has commenced Bancassurance sales in 66 branches countrywide as the country seeks to increase the number of its nationals covered by insurance policies. Bancassurance is an arrangement in which a bank and an insurance company form a […]

Kanyaya women on the rise

Kanyaya women on the rise

“Our husbands do not give us that much support to sustain us; they are not up to the task of catering for the families’ financial needs inclusive of the children’s education, feeding, medical bills rent and the like and I do not know why,’ Ms Fausta Nnaku muses. She is one of a ten-member group, […]

How govt intends to milk Shs 10 billion from SACCOs

How govt intends to milk Shs 10 billion from SACCOs

Finance Committee of parliament Chairperson, Henry Musasizi (pictured) recommends that the tax shouldn’t be levied on the gross turnover for companies declaring losses for seven consecutive years Parliament has for the second time rejected the proposed corporation tax on Savings Credit and Cooperative Societies-SACCO’s.  Government had proposed to levy a corporation tax on Profitable SACCO’s in […]

Dear Ugandans, Tobacco Breaks Hearts

Dear Ugandans, Tobacco Breaks Hearts

On 31st May, a 24-hour abstinence from all forms of tobacco consumption around the globe is encouraged as the world observes World No Tobacco Day, writes Victoria University Kampala’s Dr. Anne Muli (Ph.D.) The day is intended to highlight the negative health risks associated with tobacco use.The 2018 theme“Tobacco Breaks Hearts” is to raise awareness to the […]