Centenary Bank, Uganda’s largest commercial microfinance institution, has launched a partnership with Water.org that is aimed at developing a water supply and sanitation (WASH) program for a wash loan product for both micro and SME segments to finance access to clean water. This shall be through water collection, bore halls, connection to water supply, construction of toilets, sewage management and washing hands solutions for households and institutions. The product will be included under the green financing products of the bank which are; solar, power, and green loan products. As part of this partnership, Water.org has donated USD 200,000 (UGX 732,263,000)…
Author: Entebbe News
The West Nile community has been called upon to embrace digital transformation as a gateway to economic empowerment, citing Wendi mobile wallet as a key driver towards scaling up financial inclusion in the region. This appeal was made during the launch of a strategic partnership between the West Nile Private Sector Development Promotion Centre Limited (WENIPS) and Wendi by PostBank, in Nebbi district today, 28th October 2024. The partnership intends to connect over 7,500 SACCOs and Village Savings and Loan Associations (VSLAs) to Wendi’s mobile financial platform in West Nile, and districts like Nebbi, Arua, Yumbe, Koboko, Moyo, and Adjumani…
What is little understood generally is the importance of operations in brand building. The perception seems to be that brand building is about logos and fancy advertising. That is only part of the story. The components of brand are building awareness, creating favorable associations and ensuring positive customer experience. When these are done well and consistently, brand loyalty is built, leading to more sales, through repeat engagement and customer referrals. The company’s marketing and communications function ensure the first two – building awareness and creating favorable associations, but it is Operations function’s day-to-day interactions with customers that can ensure a…
Rev Dominic Alinga who is accused of killing a Uganda Revenue Authority (URA) employee, John Bosco Ngorok has been further remanded to prison after the state prosecutor in the murder case against him failed to appear in the Entebbe Magistrate’s Court to give an update on the progress of police investigations. The court’s Senior Magistrate Grade One, Mr Edgar Tibayeita Tusiime remanded Rev Alinga to Kigo Prison until November 18 for further mention of the case. The magistrate said the state prosecutor was supposed to update court on the progress of investigations into the murder case allegedly committed on August…
The Uganda Microfinance Regulatory Authority (UMRA) and PostBank Uganda signed a Memorandum of Understanding (MoU) to initiate a collaboration aimed at digitizing the operations of tier IV Microfinance Institutions through PostBank’s Wendi mobile wallet, so that the last mile beneficiary can actively participate in socio-economic ventures that will improve their livelihood. Being at the helm of regulating the operation of microfinance institutions, UMRA’s collaboration with Wendi mobile wallet is a key milestone in enhancing financial inclusion through streamlining the operation of Savings and Credit Cooperatives (SACCOs), Village Savings and Loan Associations (VSLAs), Self-Help Groups, and Non-Deposit Taking Microfinance Institutions (NDT-MFIs)—into…
The vibrant alumni of Nkumba Primary School continue to serve with diligence and commitment in the jurisdiction of their different responsibilities. The Alumni recently visited the school on Thursday, 17th October 2024 and held a networking luncheon with the current class of primary seven. They were led the 82-year-old veteran Flavia Ssewaggudde, a former student at Nkumba Primary School from the 1950’s. The Alumni freely interacted with the students, school leaders and teachers. There were moving testimonials, advice and knowledge freely shared by the different members of the Alumni. A cake was served and delicious lunch shared. “It is always…
David Balondemu, a city lawyer and the head of the Kampala District Land Board has been arrested at Entebbe International Airport upon his return from Dubai. Balondemu has allegedly been in hiding for a long period. His arrest last Friday evening follows a dramatic turn of events in a long-standing legal battle involving fraud, money laundering, and forgery allegations. Balondemu, who had previously jumped bail and gone into hiding, faces a fresh wave of legal challenges. Upon his arrest, authorities confirmed that he is being held at the Central Police Station in Kampala, awaiting his appearance in court on Tuesday.…
FUFA Big League 2024-2025 (Match Day Two): Sunday, 13th October 2024 Results: Gaddafi 1-0Kigezi Home Boyz Busoga United 1-1Kaaro Karungi Ntugasaze 3-0Kiyinda Boys MYDA 1-1Calvary Saturday, 12th October 2024 Results Buhimba United Saints 2-0Onduparaka Booma Football Club 1-0Blacks Power Uganda Printing and Publishing Corporation (UPPC) funded Gaddafi Football Club is one cloud nine after securing their first home win of the 2024-2025 FUFA Big League season. The Printers, as the team is christened registered a slim but deserved 1-0 win over visiting Kigezi Home Boyz from Kabale at the Entebbe Works playground on Sunday, 13th October 2024. Former KCCA and Wakiso Giants winger Yasin…
BetKumi officially launched its new exciting promo dubbed ‘BetKumi Efaayo. The promo allows players to enjoy easy and convenient gaming while winning enticing prizes. BetKumi, a new online betting platform in Uganda, unveiled its ‘BetKumi Efaayo’ promo through a roadshow around Kampala, aimed at rewarding their new and esteemed customers while marking the end of Customer Service Week. The roadshow also focused on creating awareness around the different fun games on the BetKumi platform, including Aviator, several Crash games, Mines, Dice, Hi-Lo, Dragon Tower, Keno, and others. With a wide range of games available, players can enjoy high multipliers that…
Nile Breweries, through its flagship brand Nile Special, is proud to announce its exclusive partnership with Uganda Cricket Cranes as the official beer partner for the upcoming Challenge League B tournament, which will take place from November 4th to 17th, 2024. This partnership aims to elevate Uganda’s cricket experience and celebrate the nation’s passion for sports on both the local and global stages. The first round of the Challenge League B tournament will feature six nations – Uganda, Tanzania, Hong Kong, Singapore, Italy, and Bahrain competing at Lugogo and Entebbe grounds, with the ultimate goal of advancing towards qualification for…