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Golfs ultimate showpiece – the MTN Friends of Golf Grand Tee-of-Tee’s which is the culmination of the monthly MTN Tee’s is scheduled for this Saturday at the Entebbe Golf Club with golfers Michael Monne and Bridget Basiima leading the men’s and women’s standings respectively. After 11 rounds of golf, Monne leads the men’s order of merit with a net of 802 and a best of eight of 569. Breathing down his neck are Adoch Luwum (724/571), Peter Apell (799/571), Jacob Byamukama (746/583) and Milton Edimu (744/584). Meanwhile, the evergreen Bridget Basiima, who lifted the women’s 2022 Mug of Mugs Golf…
As the World Bank funded infrastructure development project, USMID, winds up, officials from benefiting districts have asked for Parliament’s assistance to stop political interference affecting its implementation. The Uganda Support to Municipal Infrastructure Development Project, with a credit estimated at US$ 150 million, aimed expanding urban infrastructure such as roads, street lights, drainage systems, markets, and bus terminals in 14 municipal local governments and strengthen them to generate local revenue. While appearing before the Committee on Physical Infrastructure on Tuesday, 12 December 2023, officials from Ntungamo, Mbarara, and Kabale districts expressed concern that the project expires on 30 December 2023…
The Standard Bank Group has named Francis Karuhanga as the new Chief Executive for Stanbic Uganda Holdings (SUHL), the listed entity under which Stanbic Bank is operated, alongside four other subsidiaries—Stanbic Properties Limited, SBG Securities, Stanbic Business Incubator, and FlyHub. Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa says Mr. Karuhanga is succeeding Andrew Mashanda who will be taking on a new role within the Group—after December 31, 2023. “It is worth noting that Mr. Karuhanga has accepted to leave his current role as Group Chief Auditor—a top 15 position in the organisation’s Global Leadership hierarchy,…
NAMAYINGO – Uganda’s leading Commercial Bank Stanbic Bank has intensified its financial inclusion agenda aimed at leaving no one behind, in the journey of transforming netzines into the middle-income status economy. This transformative assurance was revealed on Wednesday in Namayingo district, Eastern Uganda as the bank rolled out a new initiative aimed at enabling Parish Development Model (PDM) Savings and Credit Cooperative Organization (SACCO) access their money with ease. The intervention comes on board to solve endless frustrations by PDM money beneficiaries who have consistently been citing challenges of arduous process of accessing funds, long journeys, account requirements, and crowded…
In a spectacular display of skill and determination, Bugabula and Butembe emerged victorious in the MTN Busoga Masaza Cup quarterfinals, setting the stage for an electrifying semi-final showdown. The Saturday fixtures delivered intense action, with both football powerhouses securing their spots in this year’s semi-finals. Bugabula Edges Defending Champs in Penalty Shootout Drama Bugabula chiefdom pulled off a stunning upset as they eliminated defending champions Bukooli Namayingo in a nerve-wracking penalty shootout. The match ended in a scoreless draw after 90 minutes, with both defenses standing firm against their opponents’ attacks. In the dramatic penalty shootout, Bugabula showcased their composure,…
Centenary Group, the parent company to the largest commercial microfinance bank in Uganda, Centenary Bank, has today celebrated its 40th anniversary with a lavish event to commemorate its four-decade impact on the Ugandan financial sector. Having transformed from a small credit trust in 1983, Centenary Group stands as one of the few financial giants in Uganda that has successfully navigated the unpredictable financial landscape to reach its 40th birthday. While officially opening the celebration, Fabian Kasi the Managing Director Centenary Bank highlighted the Group’s positioning for both their customers and staff countrywide. “Our celebration carries a profound theme: “With You…
The spirit of East African integration has been reincarnated during the inauguration ceremony of the 13th edition of the inter-parliamentary games. The colourful opening ceremony that took place at Pele Stadium in Kigali, Rwanda on Friday, 08 December 2023, was attended by over 900 Members of Parliament and staff from six East African Community (EAC) member states and the regional parliament, the East African Legislative Assembly (EALA). On behalf of the host country-Rwanda, Hon. Donatille Mukabalisa, the Speaker of the Chamber of Deputies of the Parliament of Rwanda, expressed joy to the EAC for granting them a chance to host…
The Uganda Registration Services Bureau (URSB) under the leadership of Mercy K. Kainobwisho has been recognized for its transformative role in supporting private sector growth. URSB was crowned best government agency for the year 2023 at the annual private sector development awards gala organized by Private Sector Foundation Uganda (PSFU). The prestigious award recognizes URSB’s outstanding efforts in promoting private sector growth and development in the country. It also highlights the successes of URSB’s all-digital, all-online strategy that has turned-around the pace of registration services to allow ease and convenience for the business and investment community. Private Sector Foundation Uganda,…
By Samuel Gitta In an era characterized by pervasive digitalization, where technology seamlessly integrates into every aspect of our lives, the need for robust data privacy has become paramount. From online transactions and social media engagements to healthcare records, the conveniences offered by the digital age come with inherent risks such as data breaches and identity theft. The telecom sector, which processes vast amounts of personal data, assumes a crucial role in addressing these challenges. It plays a pivotal role in safeguarding against potential privacy and security threats, thereby upholding public trust in Uganda’s Information and Communication Technology (ICT) ecosystem—a…
Group CEO of Airtel Africa plc, Segun Ogunsanya, has reaffirmed the importance of an enabling policy environment for sustainable development and climate action in partnership with Africa’s private sector at COP28. Mr. Ogunsanya, a member of the United Nations Global Compact’s African Business Leaders Coalition (ABLC), addressed a distinguished audience at a COP28 side event co-hosted by Airtel Africa and the ABLC. Guests included the President of Botswana, His Excellency Mokgweetsi Masisi; the Finance Minister of Nigeria, Mr. Wale Edun; the Minister of the Federal Capital Territory Nigeria, Mr. Nyesom Wike; Ms. Sanda Ojiambo, the Assistant Secretary-General of the United…