Author: Our Reporter

Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets that the Group operates in, Equity Group Holdings Plc (EGH) continues to demonstrate resilience, with regional businesses contributing 51% of profit before tax and 48% of total assets to reach Kshs.1.7 trillion as at 30th September 2024. The Group, which has been named the top financial brand in Africa and the 2nd Strongest Banking Brand in the world by Brand Finance and backed by its motto of ‘’Growing Together in Trust’’, has seen its deposit franchise grow 9% year-on-year to Kshs.1.3 trillion…

The MaryLouise Simkins Memorial Golf Club in Namulonge, Wakiso District, will host the 4th Annual Equity NARO Open this weekend, attracting over 150 elite amateur and professional golfers. Regarded as a premier golfing event in Uganda, the tournament promises intense competition among seasoned golfers and rising stars. Equity Bank Uganda’s sponsorship has significantly contributed to the event’s growth in reputation and participation. “Equity is committed to promoting golf and nurturing Uganda’s thriving golf community,” said Anthony Kituuka, Managing Director of Equity Bank Uganda. “We’re excited to support amateurs and professionals alike.” The partnership between Equity Bank and the Namulonge Club…

The Minister of State for Animal Industry, Hon. Bright Rwamirama has launched a mini dairy processing plant in Kiboga District as part of government’s efforts to promote value addition for agricultural produce. The Minister presided over the opening of a plant operated by Dwaniro Dairy and Livestock Cooperative Society which will produce yogurt and cheese. The event attended by members of the Cooperative, local leaders and other stakeholders in the agricultural sector was held last week at the Dwaniro Dairy and Livestock Cooperative Society premises in Bukomero sub-county, Kiboga District. At the launch, the Minister revealed that Dwaniro was chosen…

Equity Bank in partnership with the Kenya High Commission today launched the second phase of a tree-planting campaign that will see over 43,000 indigenous trees planted on the slopes of Busoga College Mwiri hill, including 10 acres of orchard. Equity Bank has allocated Shs85 million towards the project. The second phase of the three-phase project was officially launched during a tree-planting exercise at the school led by the Kenya High Commissioner to Uganda, Joash Maangi, and Equity Bank’s Acting Head of Social Investment Projects, Elizabeth Wahito. Also joining were members of the Old Boys Association, members of the school, officials…

One of Coca-Cola Beverages Uganda’s (CCBU) Official Coca-Cola Distributors (OCCDs) marked its significant growth as a business partner by inaugurating new premises. Bronze Logistics, an OCCD based in Kazo, Bwaise, has moved from a rented 116m2 warehouse to a self-owned 500m2 facility. “Our partnership with Bronze Logistics shows what can be achieved when vision meets opportunity. This new warehouse sets the stage for greater efficiency and allows Bronze Logistics to meet growing customer demand,” said CCBU General Manager Melkamu Abebe during the ribbon-cutting ceremony. “At CCBU we aim to create value for all our stakeholders – communities, consumers, customers, suppliers,…

President Yoweri Kaguta Museveni has today presided over the grand opening of the new All Saints Cathedral in Nakasero, Kampala. The President was accompanied by the First Lady and Minister of Education and Sports, Maama Janet Kataaha Museveni. The event, attended by hundreds of Christians, served as part of the All-Saints Day celebrations. The newly completed facility, standing out with a striking 45-metre bell tower, features the Bishop’s office for the Kampala Diocese, a two-level underground parking lot, four chapels, a coffee centre and a library. Designed to accommodate over 5,000 worshippers, the cathedral is a monumental addition to Uganda’s…

In a significant move to elevate customer support and accessibility, Equity Bank Uganda has launched a toll-free customer contact centre line, enabling customers to access support free of charge. The new toll-free line is available 24/7, aiming to streamline customer inquiries and facilitate faster resolutions while removing the expense associated with previous customer service calls. The new toll-free line 0800 232700 is available 24/7 and customers will be served in several languages spoken across Uganda including Swahili, Luganda, Luo, Runyakitara and other four Rs languages. Equity Bank’s Head of Customer Experience Jael Christine Wawulira emphasized the value of this service…

National Unity Platform (NUP) party President H.E Bobi Wine and other comrades are currently in Kisoro, rallying support for Comrade Sultana Salim, also known as Tana. Tana was today nominated today as the National Unity Platform (NUP) flag bearer for the Kisoro woman MP by-election. Tana’s nomination is a significant development in the by-election, which aims to fill the void left by late District Woman Legislator Sarah Nyirabashitsi Mateke. The ruling NRM party has already selected former Kisoro District Woman Member of Parliament Rose Kabagyeni as its flag bearer. “The NUP team, led by President Bobi Wine, is actively campaigning…

Bukayo Saka has been nominated for the Premier League’s Player of the Month award for October. The Arsenal winger made a huge impact in the games against Southampton and Liverpool to get a place on the eight-player shortlist, and your votes can help him win the prize! Bukayo kicked off the month with a starring performance against the Saints, helping us come from behind by assisting Kai Havertz and Gabriel Martinelli, before wrapping up the 3-1 win himself with a late strike. After picking up an injury on international duty, Bukayo missed the loss at Bournemouth but returned to the…

President Yoweri Museveni has laid out a visionary plan aimed at overhauling the nation’s agricultural agencies to enhance efficiency and foster socio-economic transformation. Speaking during a recent address, Museveni criticized the performance of existing agencies, arguing that their bureaucratic structures hinder Uganda’s agricultural potential. The president highlighted the need to transition from fragmented agency systems, such as the National Agricultural Advisory Services (NAADS), to a more integrated approach that empowers ministries responsible for agriculture. “It is criminal for these agencies to interfere with our mandate as elected leaders,” Museveni stated, emphasizing the importance of accountability and performance in achieving national…