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The Honorable Jeje Odong Abubakhar, Minister of Foreign Affairs, has, this morning engaged in a productive meeting with Her Excellency Anne Kristin Hermansen, Ambassador of Norway to Uganda, at the Ministry of Foreign Affairs. During the meeting, Minister Odongo warmly welcomed Ambassador Hermansen and conveyed his intention to travel to Oslo to meet with the Minister of Foreign Affairs of Norway. Minister Abubakhar emphasized the significance of the longstanding cooperation between Norway and Uganda, particularly in crucial sectors such as oil and gas, refugee affairs, and other shared interests. Ambassador Hermansen highlighted Uganda’s role as the current chair of the…
MTN Uganda’’s corporate social responsibility arm, MTN Foundation, has announced a substantial contribution of technical equipment and educational materials worth UGX 16 million to the Rotaract Club of Masaka. This support will help Rotaract Club of Masaka set up a comprehensive technical training program at Masaka Main Prison, aimed at empowering inmates with practical skills. The initiative, part of the broader MTN Changemakers Initiative, reflects MTN Uganda’s commitment to fostering positive social change and economic development through vocational training and education. The program at Masaka Main Prison will offer courses in essential trades such as welding, carpentry, tailoring, and salon…
As the world continues to celebrate the international women’s month, Stanbic Bank Uganda has re-echoed its commitment in supporting and empowering women lead groups. This call was made today during the annual Ring the Bell for gender equality conference at the Sheraton Hotel in Kampala. The international women’s theme for 2024 is: “Invest in Women; Accelerate Progress.” Cathy Adengo the bank’s Head of Sustainability said as a signatory to the Women’s Empowerment Principles (WEPs), Stanbic ranks high in elevating women across board. The key WEP principles include Promote gender equality throughout the workforce; Introduce gender equality standards and supporting gender-equality…
The Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution in partnership with Uganda Women Entrepreneurs Association Ltd (UWEAL) has today held its inaugural Annual Women entrepreneurs conference. The event at The Africana Hotel in Kampala, the conference aims to the bridge information gap, a key barrier faced by women in accessing affordable finance and the participation the participation of women in the country’s development agenda. Running under the theme; Accelerating women’s Economic Equality through financial and Non-financial Inclusion Opportunities for Ugandan Women, the conference brings together 200 registered women enterprises from all 14 UWEAL clusters in the…
The NRM campaign team will hit the ground running to seek the support of their flagbearer, Janet Adongo Rose Elau, in the Dokolo district woman MP by-election. The five-day campaign period will kick off tomorrow, Thursday 14th until 19th next week. Mrs. Adongo was nominated this week, on Monday, by the electoral commission. She will be tussling it out with six other candidates from the opposition political parties and independents. The NRM camp, led by the Director of Mobilisation, Hon. Rosemary Seninde, and area legislators, Hon. Felex Okot Ogong of Dokolo North and Dokolo South’s Hon. Moses Goli, rallied Adongo’s…
MTN Uganda was recently honored with the award for the Fastest Mobile Network in Uganda by Ookla, the global leader in internet testing and analysis. This prestigious accolade was presented to the company’s Chief Executive Officer, Sylvia Mulinge, at the sidelines of the esteemed Mobile World Congress (MWC) held in Barcelona last week, cementing MTN Uganda’s position as a leader in telecommunications excellence. The MWC serves as a global platform for industry leaders to showcase innovations and advancements in telecommunications. MTN Uganda’s recognition at this event further validates its position as a trailblazer in the telecommunications landscape, setting new benchmarks…
MTN Uganda, the country’s leading telecom company, has announced a remarkable 21.4% surge in its after-tax profits, reaching UShs 493 billion for the year ending December 31, 2023. This impressive financial performance has been attributed to a significant 16.1% increase in service revenue, which totaled UShs 2.63 trillion. Key drivers of this growth include a substantial 21.6% rise in data revenue, reaching UShs 621.9 billion, and an expansion in the number of active data subscribers by 22.4%, totaling 8.2 million. The company’s overall subscriber base also saw a healthy increase of 13.3%, reaching 19.5 million. MTN Uganda’s CEO Sylvia Mulinge…
Equity Group, East and Central Africa’s largest financial institution, has fortified its position as one of the strongest banking brands globally by scoring highly, in the 2024 Brand Finance’s Brand Strength and Brand Value rankings. In its third consecutive appearance in the Brand Finance Banking 500 rankings, Equity climbed from 4th position in 2023 to 2nd position in the World’s Top 10 Strongest Banking Brands with a Brand Strength Index score of 92.5 out of 100 and an elite AAA+ brand strength rating https://brandfinance.com/. This marks a 0.1 points BSI improvement on its 2022 debut ranking. Equity also saw its…
In bid to uphold its position as the Uganda’s leading financial institution, Stanbic Bank continues to play a fundamental in transforming lives and business across the pearl of Africa through provision of affordable financing, advisory and investment. We linked up with Mr. Israel Arinaitwe the Stanbic Bank Head of Personal Banking to expound more on the ongoing Oli Sorted Campaign and on how different sectors can tap into it to achieve their dreams and goals. Q; Could you please tell us about Stanbic Bank’s OLI SORTED campaign? A: We are still first quarter of the year, people all over the…
The Management of National Water and Sewerage Cooperation has committed to extend exceptional service delivery during the holy month of Ramadan. This call comes days after maintenance works were executed on major plants in and around the city. According to the holy month commemorative message, NSWC said that water is very essential in maintaining sanitation and proper hygiene during the fasting season that started on Sunday evening. “Water is very essential for our Muslim brothers and sisters during the Holy month of Ramadan. At NWSC, we commit to excellent service delivery during this time.” Reads part of the National water…