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Stanbic Bank contributes Ugx 225 Million to 2016 MTN Kampala Marathon

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Stanbic Bank Uganda, a key long term partner and supporter of the MTN Kampala Marathon, has made a significant contribution of Ugshs 225 million towards this year’s efforts to improve access to sustainable sanitation for the urban poor especially children in public schools around Kampala.

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The contribution was presented by Stanbic Uganda’s Chief Executive, Patrick Mweheire during an official handover ceremony held at the Stanbic Bank Head Office. Speaking at the occasion, Patrick said, “We are extremely proud and excited to partner with MTN once again in what has become a world class event attracting fun runners and elite athletes from across the globe. We have consistently supported the MTN Kampala Marathon because it aligns with Stanbic’s Corporate Social Investment (CSI) vision that focuses on promoting better access to education. We hope that our support continues to transform the lives of school children by improving their wellbeing to further their education for a better future.”

“Our objective as Stanbic will be to help build on the 13 years of success not only through our financial support but through the participation of our staff where we contribute the largest number of runners from a single company with over 200 staff members who participate annually,” he further added.

Stanbic Bank’s CE Patrick Mweheire (Left) officially hands over a dummy cheque worth Shs 225 million to MTN CEO Wim Vanhelleputte as the bank’s contribution towards the MTN Kampala Marathon.

Stanbic Bank’s CE Patrick Mweheire (Left) officially hands over a dummy cheque worth Shs 225 million to MTN CEO Wim Vanhelleputte as the bank’s contribution towards the MTN Kampala Marathon.

Thanking Stanbic for their contribution and support over the years MTN CEO Wim Vanhelleputte said, “We appreciate the value of the contribution Stanbic Bank has made in the 13 years, which is why the MTN Marathon is the success that is it today. The proceeds this year will build on our efforts from 2015 and be put towards making improvements to the sanitation environment for the urban poor children in public schools around Kampala. We also intend for some of the proceeds to support construction of bio toilets with water harvesting facilities and environment friendly bio-gas technology that reduces the cost of energy used in preparing meals for pupils so that children across the city.”

The MTN Marathon now in its 13th edition is Uganda’s largest mass participation event attracting more than 20,000 elite and fun runners from across the globe. Last year as a result of the contributions made by the partners and entries from the participants over 500 million shillings was raised and used by KCCA to improve the sanitary conditions in schools in the Greater Kampala area.

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Local Business

Jumia Uganda appoints new CEO, launches Black Friday campaign

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Ron Kawamara(L), the new ceo for Jumia Uganda addresses media. Looking on is Massimiliano Spalazzi, Jumia’s co-CEO.

Ron Kawamara(L), the new CEO for Jumia Uganda addresses media. Looking on is Massimiliano Spalazzi, co-CEO, Jumia Africa.

By Our Reporter

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Jumia Uganda has announced that Ron Kawamara will take over as new CEO for Uganda. This was during a press briefing held at The Hickory restaurant on Thursday morning. Ron has previously served as the Regional Managing Director of Jumia Food, East Africa, and comes with a wealth of experience in the African Commerce industry.

Speaking at the briefing, Massimiliano Spalazzi,the co-CEO Jumia Africa said, “After a thorough and thoughtful search process, we are thrilled to have Ron take on the CEO role. Ron brings a stellar leadership reputation, a wealth of consumer experience, and a lifelong passion for eCommerce to Jumia – all of which are critical ingredients in the continued evolution of our company. We are absolutely confident that Ron is the right leader for Jumia who can create value for customers and vendors by marrying Jumia’s numerous assets with the opportunities ahead.”

Kawamara has extensive experience leading, innovating and scaling technology businesses globally, including having guided Jumia Food through critical transformation periods. Through his startup experience, Ron has frequently worked with SMEs to effect business models that embrace technological changes.

“I cannot imagine a more important and exciting time to join Jumia,” said Kawamara. “With a massive, diverse and highly engaged audience, a market-leading online business, a best-in-class product portfolio and an extremely passionate and talented group of people, Jumia is well-positioned to capture an even greater market opportunity. As a lifelong entrepreneur and exuberant technology enthusiast, this is the perfect opportunity to combine my industry experience with my love for business. I look forward to working with this great team, having a lot of fun, and leading Jumia through its next exciting phase.”

Meanwhile,  this year’s Black Friday campaign was also launched during the event. Black Friday is a massive sales event that will run from November 16th to December 7th, 2018. The campaign is normally characterized by a buzz of activities at Jumia as online shoppers enjoy the best deals.

 “This year will be our biggest campaign yet,” Ron noted. “We’ve invested in a lot in negotiating with retailers so that we can give our customers the best value. We shall feature discounts of up to 70% on over 5000 products and shoppers will enjoy free delivery for purchases over 200,000 UGX.”

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Emirates rewards Ugandan winners in the global destinations competition

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The Emirates Country Manager Puneet Kohli (2R) poses with some of the winners in the emirates radio competition.

The Emirates Country Manager Puneet Kohli (2R) poses with some of the winners in the Emirates radio competition.

Emirates, the world’s largest international airline, has rewarded lucky Ugandan winners in the Emirates global destination competition. The just concluded competition was aimed at having listeners answer questions about Emirates’ global destinations and create awareness about the airline’s products and services.

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The winners participated in a two-week competition where two winners were chosen every Friday at the end of the week. The winners received Emirates amenities that were handed over by the Emirates Country Manager to Uganda, Mr. Puneet Kohli, who applauded them for their knowledge on Emirates.

“This goes to show that many people know a lot about Emirates and its products, services and global destinations. Our decision to reward these fans reflects our commitment to everyone who knows about our business. We have received immense feedback and we thank everyone who contributed to the competition,” said Mr. Puneet Kohli.

Emirates boasts of an unrivaled on board product experience with the world’s best infight entertainment system, ICE, which offers over 3,500 channels of entertainment including over 100 kids channels and 850 movies from around the world. Travelers can enjoy chef prepared regional and international cuisines using the freshest ingredients, accompanied by a wide range of complimentary wines and beverages. All this is complemented by the airline’s international team of over 21,000 cabin crew come from over 135 countries.

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Over 50 women lawyers trained in financial literacy

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Victoria Byenkya, the Manager dfcu Women in Business speaking to women lawyers during the training

Victoria Byenkya, the Manager dfcu Women in Business speaking to women lawyers during the training.

Under the Women in Business (WiB) program, dfcu bank in partnership with the Uganda Law Society (ULS), recently held a financial literacy training session for over 50 women lawyers in Kampala. The session conducted at the dfcu Head offices in Nakasero last Friday is a component of the programme aimed at inspiring and empowering women to tackle the challenges faced in the business environment.

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Commenting on the women lawyers’ training, Jacqueline Namazzi, Chairperson ULS Female Lawyers Committee said; “dfcu has a strong partnership with the female lawyer’s committee. We work with them and we come in to advise their businesswomen especially those who work in Kikuubo, but this time we felt that the female lawyers themselves needed financial literacy training. We know so much about the law, about court, but little on personal and business finances. We felt that the lawyers needed that extra education. It’s not a bad idea for them to be exposed to the different investment and saving avenues that the bank offers but also mainly how to manage finances.”

“Investment avenues are out there but managing ones’ own finances as a person, as a law firm whether you are in government or civil society is daunting and that is why we decided to be part of the financial literacy training to gain that extra skill set.” Jacqueline added.

According to Victoria Byenkya, Manager Women in Business, women bring their own unique perspective and voice to the world of finance and as their voice becomes more prevalent, everyone will continue to benefit from the financial literacy conversation. “More women today are realizing the importance of being financially literate. They feel more empowered to control their personal, family and business finances,” she added.

“From the training I was able to be educated about the basics – things that you know but don’t really do. The more you hear them, you realize the need to take action on saving, investment and living a simple life. I would highly recommend more sessions for financial literacy are set up for us and of course, I appreciate dfcu bank for putting this together” said Charlotte Nalumansi one of the trainees.

So far, a total of 1,370 women have benefited from the dfcu WiB business trainings since the start of the year. Since inception of the programme in 2007 over 25,000 women have benefited from the capacity building sessions.

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