Connect with us

Leader board

Local Business

NSSF, KCCA launch 2nd Kampala 7 Hills Run to raise funds for Kampala public Schools

Published

on

NSSF

The National Social Security Fund (NSSF), together with Kampala Capital City Authority and Kampala Hash House Harriers, have today launched the second edition of the NSSF Kampala Hash Seven Hills Run aimed at raising shs200 Million to renovate public schools in Kampala.

The run will be held on March 12, 2017 starting at Pearl Africa Primary School, Nsambya. It will cover a distance of 21km, traversing the historical seven hills of Kampala – Nakasero, Kibuli, Old Kampala, Namirembe, Rubaga, Lubiri and Nsambya.

Launching the run at Makerere Primary school in Kampala, NSSF Managing Director Richard Byarugaba said that it is a continuation of a partnership with KCCA to mobilise corporate companies in Uganda to raise funds that will ultimately improve learning conditions in government aided schools under the management of KCCA.

“For many public primary schools in Kampala, the conditions are somewhat worrying. Through this initiative, which is part of the Fund’s Corporate Social Responsibility agenda to support education of the underprivileged in our society, we will support KCCA efforts to provide a quality learning environment for thousands of children”, Byarugaba said.

He added that proceeds from the run will go towards renovation of 3 primary schools, namely; Makerere primary school, Summit View army Primary school, and completion of works at Nakivubo Settlement Primary School.

“Last year, we raised about Shs65 million and we were able to renovate Nakivubo Settlement Primary School and construction of a water facility at St. Ponsiano Kyamula Primary School. This year, our target is to raise Shs 200 million. This is a worthy cause and it is appropriate that companies doing business in Kampala should join us to aid Kampala schools,” he said.

The KCCA Executive Director Jennifer Musisi said that most of the 79 Government Grant Aided Primary Schools in the City with a total enrollment of close to 70,000 pupils, have facilities, with nearly 90% of the schools requiring total refurbishment.

“We still have six primary schools which have asbestos sheets in some of the school building that need immediate replacement but with the current allocation of about Shs500 Million, KCCA can only afford to refurbish one school every year. On top of this, there is now enormous pressure on KCCA to finance land compensation for schools sitting on land owned by private individuals.”

“With support from partners such as NSSF, we are confident that we will be able to improve all our schools and provide our children with the best learning environment which they deserve”, she said.

The Kampala Hash House Harriers Master, Paul Agaba said that the run will be bigger and better compared to last year.

“We expect about 1,000 runners to participate. The Kampala 7 hills run is a challenge that we are proud to associate with to contribute towards a worthy cause. The NSSF Kampala Seven Hills Run stands alongside other major runs in the country, and we will continue with our partners and sponsors to organize a bigger and better edition,” he said.

Over 10 companies are already on board including Uganda Revenue Authority (URA), Uganda Registration Services Bureau, Bank of Uganda, Capital Markets Authority, Housing Finance Bank, Monitor Publications, Galaxy FM, Umeme Limited among others.

NSSF has in the past years engaged in a number of social responsible projects like Torch Awards and the recent countrywide blood donation drive which collected over 3,750 units from staff, members of the Fund and the general public.

(Visited 145 time, 1 visit today)

Continue Reading

Local Business

Uganda Insurers Association in Life Insurance Digital Campaign

Published

on

By

Ms. Miriam Magala, CEO Uganda Insurers Association

Ms. Miriam Magala, CEO Uganda Insurers Association during the press briefing.

Uganda Insurers Association (UIA), the umbrella organization for all the insurance companies in Uganda, has embarked on efforts to create awareness and encourage uptake of Life insurance in Uganda.

The highly emotional campaign kicked off on UIA’s social media pages featuring children answering a series of questions about how they envision life without their parents and guardians. Through this digital based campaign, UIA intends to encourage families to take up life insurance policies by appealing to them to secure a future for themselves and their dependants.

According to the Uganda Insurers Association, Life assurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a specified beneficiary a sum of money upon the death of the insured person or upon the happening of another specified event.

Life insurance generally falls under four categories:

• Whole Life Insurance policies which cover the entire life time of the policy holder. The premium is paid till the expiry of an agreed period and the policy pays out at death- whenever death occurs during the policyholders’ lifetime.

• Term Insurance policies which are taken for specific periods of time and because the time/period is specified, premiums are either paid throughout that period or as a single premium summing all future payments.

• Endowment policies, like term insurance policies, are taken for specified periods and premiums are paid throughout the term of the policy or until death-whichever occurs first. These are primarily for financial benefit of policy holder, and secondarily for protection of family in case of death.

• Pension Plans/Annuities allow you to pay regular premiums until the usual retirement age (usually 60 years) after which the insurer makes monthly, quarterly or annual pension payments to you until you die.

Commenting about the life insurance efforts, Ms. Miriam Magala, the UIA Chief Executive Officer, noted that with a relatively steady and growing economy, there is an increase in the number of Ugandans who can afford insurance, but many of them lack awareness about the policies and their benefits.

“By focusing on life insurance, UIA will help families, businesses, employers, and other parties to protect against a financial loss that occurs when someone dies or is no longer able to work for certain reasons. Additionally, through life insurance, Ugandans will get a cushion during their old age when their ability to engage in productive work is minimal,” she noted.

This is not the first time that the Uganda Insurers Association has embarked on a campaign to create awareness of an insurance policy. Throughout 2017, the association held a country wide insurance literacy campaign through which they created awareness for Life insurance, agriculture insurance, Workers Compensation Insurance, Motor Third Party and Comprehensive insurance.

(Visited 145 time, 1 visit today)

Continue Reading

Local Business

Sheraton Kampala Hotel hosts Muslim clients to Iftar diner

Published

on

By

Sheraton Kampala Hotel hosted their Muslim clients to a mouthwatering dinner as they kicked off the month of Ramadan. The dinner was held to thank the Muslims clients for the continued support to the hotel and to also wish them a fruitful fasting period.

The dinner was attended by clients from various organizations and industries with a guest profile ranging from managers, ambassadors, business people, media personalities to mention but a few together with their spouses.

While addressing the guests during the dinner, the General Manager, Sheraton Kampala Hotel, Jean-Philippe Bittencourt encouraged the Muslims to keep up with the good spirit of brotherhood as they observe this Ramadan. He further thanked them for the immeasurable support to the Sheraton hotel through their respective organizations
and as individuals and encouraged them to work as a team for peace and unity to be realized.

“Thank you all for respecting the Holy Month of Ramadan and making a point to fast, and we encourage all our clients to come and break their fast at Sheraton Kampala’s Paradise Restaurant where we have a very special Iftar corner accompanied by a lavish buffet every Monday through to Saturday.” Concluded Bittencourt.

As part of its value, Sheraton Kampala Hotel aims to respect all religions, races and disciplines, and holding the Iftar diner is a symbol that everyone is equally welcome at the Hotel.

(Visited 145 time, 1 visit today)

Continue Reading

Local Business

Mukono, Jinja residents rewarded in Samba Ne Coca-Cola promotion

Published

on

By

The excitement was palpable in Mukono and Jinja towns when beverage giant Coca-Cola handed over 30 prizes to lucky consumers as part of the ongoing Samba Ne Coca-Cola promotion.

The excitement was palpable in Mukono and Jinja towns when beverage giant Coca-Cola handed over 30 prizes to lucky consumers as part of the ongoing Samba Ne Coca-Cola promotion.

The handovers which begun in Mukono town on Saturday last week saw six lucky consumers receive brand new Hisense 32 inch TV screens. The winners included St. Paul’s Catholic Cathedral’s Father Paul Sebitoogo who purchased a crate of soda during the Cathedral charity marathon and received his prize immediately.

Held at Kazimingi grounds, the Jinja town handovers attracted traders from the central market, taxi operators from the nearby park and passers-by who were all excited to see over 30 winners receiving their prizes from Coca-Cola. Other winners in Jinja town walked away with brand new t-shirts, balls and crates of soda for taking part in the promotion.

“We still have exciting prizes and money to hand over to our consumers. Keep drinking and checking under the white crown and we shall bring the prize to you,” commented Coca-Cola Uganda Marketing Manager Mrs. Maggie Kigozi.

Samba Ne Coca-Cola was launched in April this year in partnership with World Cup Official broadcaster Multichoice and Global partner HiSense to bring the World Cup closer to consumers all across Uganda.

Since its launch, lucky consumers across the country have been winning Television sets, Multichoice Dishes and Decoders, soccer balls, brand new t-shirts, packs of soda and cash prizes. Over five lucky subscribers have already taken home UGX4,000,000 and two have won the UGX 10,000,000 jackpot so far.

To participate in the Samba Ne Coca-Cola promotion, consumers simply have to purchase a Coca-Cola, Fanta, Sprite, Novida, Krest or Stoney 300ml glass or 500ml plastic bottle bearing a white crown and check under the crown for their exciting prize. Redemption of prizes will be at identified distribution points all across the country and consumers are encouraged to look out for these redemption centers in press and posters.

(Visited 145 time, 1 visit today)

Continue Reading

Yop Polls

Which Team are you on?

Bigeyeug TV

Facebook

HOT RIGHT NOW