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Stanbic Bank Uganda holds Africa – China Economic Forum

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Stanbic Bank Uganda has hosted the Africa – China Economic forum in Kampala bringing together the Chinese business community and Ugandan companies doing business with China to discuss trade and investment opportunities between the bilateral trading partners.

“China is Africa’s biggest and important trading partner accounting for over 300 billion dollars’ worth of business. This is a figure that has grown tenfold over the past decade alone and is one of the primary reasons the continent has witnessed such a rapid spurt in economic growth over the period. Our objective as Stanbic in hosting this forum is to provide a strategic platform that promotes continuous dialogue between like-minded businesses who appreciate the importance of the special relationship between Africa and China,” Stanbic’s head of Corporate and Investment Banking, Edwin Mucai said while opening the forum at Serena Hotel.

“As Africa’s biggest bank, we are uniquely placed to support this growth through our extensive geographical footprint across the continent which provides the ideal gateway for the promotion of cross-border projects between Africa and China. Also with ICBC as our partner, we have strong relationships with Chinese businesses, many of whom are already playing a significant part in the large-scale infrastructural development and the many associated industries which drive socio-economic transformation,” Mucai added.

Edwin Mucai, Stanbic Bank (U) Head of Corporate and Investment Banking (3rd left) poses for a group photo at the Africa - China Chinese Economic Forum. Standing with him from left to right are Standard Banks Jeremy Stevens - Economist Beijing, Daisy Nitwe - Corporate Sales Dealer, Ives Wang - Standard Advisory China, Miaomiao Lu Transactional Banker - Stanbic Uganda and Cao Min Standard Bank’s Head Chinese Desk East Africa.

Edwin Mucai, Stanbic Bank (U) Head of Corporate and Investment Banking (3rd left) poses for a group photo at the Africa – China Chinese Economic Forum. Standing with him from left to right are Standard Banks Jeremy Stevens – Economist Beijing, Daisy Nitwe – Corporate Sales Dealer, Ives Wang – Standard Advisory China, Miaomiao Lu Transactional Banker – Stanbic Uganda and Cao Min Standard Bank’s Head Chinese Desk East Africa.

In Uganda, China is actively engaged in the financing and construction of a number of large-scale Investments which will have lasting effects on the country’s economic outlook these include the Karuma Dam project which will add over 500 MW to the national grid, the Standard Gauge Railway and the Entebbe-Kampala expressway among others.

Talking about the increased importance of the Chinese currency the Renminbi (RMB) to the global economy, Anne Juuko, Stanbic’s Head of Global Markets pointed out that as China and Chinese companies continue to build up economic activity on the continent, the use of the Renminbi (RMB) in international trade will continue to gain traction. She advised companies and individuals doing business in China to open RMB accounts which are now available to the bank’s clients in Uganda, to hedge them against forex losses and enable them to use the various trade instruments such as Telegraphic Transfers (TT) and Letters of Credit with greater ease.

Closing the conference Kevin Wingfield, Stanbic’s Head of Business Banking thanked the participants for attending the forum which he said provided rich insights into the future of the socio economic relationship between Africa and China.

“Standard Bank’s expertise in Business and Commercial Banking allows us to create opportunities for both African and Chinese clients to meet, network and establish sustainable relationships. I am sure today’s forum has been beneficial to everyone who attended and I can guarantee that we will be hosting the Africa-China Economic Forum on an annual basis,” he said.

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MTN excites youth with launch of MTN Pulse

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SUMMARY:

  • Customers to sign up to enjoy exciting weekend bundles with preferential rates, free online gaming days, music and video streaming.
  • MTN launched the Pulse Movement following weeks of the #NoFear campaign
  • MTN hosted the youth at a launch party in Kampala dubbed #NoFear.

Thursday, 15th January 2017

MTN Uganda has today made its pitch to the young, tech-savvy growing population through a new proposition, MTN Pulse. Uganda’s population demographics indicate that Uganda has one of the youngest populations in the world. According to the Uganda Bureau of Statistics (UBOS) at least 77% of Uganda’s population is under 30 years. For MTN Uganda, this presents an opportunity to meet the growing demands of the young, energetic and technology driven people.

“The MTN Uganda brand is 20 years old in Uganda today. That is as old as most of the young population in the country. We have decided through MTN Pulse to customize products and solutions that are appealing to them and that they can identify with,” said Wim Vanhelleputte, Chief Executive Officer MTN Uganda.

MTN Pulse was launched at the #NOFEAR party at Legends Rugby Grounds in Kampala.

Wim noted that MTN Uganda took the time to gather insights into the youth market and noticed that brand needed to identify further with them. The future in the country in terms of technology will be driven by data. MTN Pulse is all about how affordable data that will enable the young Ugandan’s to express themselves.

“Young people want to be creative. They want to communicate. The Fear Of Missing Out – FOMO can be real. MTN Pulse will be able to allow them do gaming, listen to music, create sharable video content, get the latest updates to parties and offer data bundles that suit all their plans,” Wim added.

To join the MTN Pulse movement and become a “Pulser,” customers can dial *157#.

“For the first time ever, we are introducing a weekend bundle that can only be accessed through our Pulsers community code *157# and the MTN Pulse website on pulse.mtn.co.ug. We understand that the weekend is filled with activities that must be shared. Those moments can now be shared with an affordable youth friendly weekend bundle,” said Olivier Prentout, the Chief Marketing Officer, MTN Uganda.

Prentout also revealed that “Pulsers” will have access to free gaming days on Game+, music streaming and downloads on Deezer, watch and create short video content on MTN Shortz.

The launch of MTN Pulse marked the conclusion of a month-long teaser campaign called #NoFear. During the campaign, MTN had several of its billboards in Kampala ‘defaced’ and sprayed with the words #NoFear in what was viewed as a bold, fearless act of expression, which are desirable traits sought in the Pulsers’ movement.

“The young people like living life on the edge, looking for opportunities to grow and associating with success. With MTN Pulse, we offer them a dynamic gateway to express themselves and interact freely. We would like them to use the movement to seize the opportunities with #NoFear,” Prentout said.

ENDS

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Burson-Marsteller Africa appoints new Senior Counsel

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Nicholas WilliamsBurson-Marsteller Africa, a leading strategic communications and public relations firm, has strengthened its financial and investor relations offering by engaging Nicholas Williams as a senior counsel. Williams brings more than 20 years of experience in investor relations both in the UK and South Africa, with particular expertise in capital markets.

Robyn de Villiers, Chair and Chief Executive of Burson-Marsteller Africa, said: “I am delighted that Nicholas has come on board as a member of our extended team. He brings a wealth of experience for companies looking to have the highest standing with their shareholders and other financial stakeholders. He will add important expertise in delivering integrated communications solutions for our clients across Africa.”

Williams has advised leading JSE Top 40 and mid-cap public companies in South Africa as well as internationally in all areas of capital markets PR. He was notably active in the communications of capital transactions including initial public offerings (IPO), fundraisings, mergers and acquisitions (M&A) and black empowerment. He advised on the largest ever IPO in South Africa as well as on many significant stock exchange introductions and M&A.

Before his tenure as Managing Partner at Instinctif Partners Africa (previously known as College Hill), a strategic corporate communications firm, which he established, Williams worked with Barclays Bank globally, including as head of private banking in sub-Saharan Africa and in corporate banking in Botswana. His background in finance has stood him in good stead to interact with companies in their boardrooms as well as with institutions, investment banks, sell-side analysts, financial journalists and other stakeholders who influence the reputation of business in the financial markets.

Williams will work with Burson-Marsteller partners in South Africa as well as other parts of the group where there is an African requirement, including other financial public relations firms owned by the group outside Africa.

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Sanlam Awards for Excellence in Financial Journalism now open to Ugandan financial reporters

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Mr. Gary Corbit the CEO Sanlam General Insurance Uganda(R) together with Mr. Donato Laboke the General Manager; Marketing and Brand launching the Sanlam Awards for Excellence in Financial Reporting.

Mr. Gary Corbit the CEO Sanlam General Insurance Uganda(L) together with Mr. Donato Laboke the General Manager; Marketing and Brand launching the Sanlam Awards for Excellence in Financial Reporting.

Sanlam Uganda has announced that Uganda will be participating in the Sanlam Awards for Excellence in Financial Journalism which aim to honour the indispensable role of the financial journalist in modern business life and the high standards required by this profession.

Speaking at the press launch, Donato Laboke the General Manager: Marketing & Brand Sanlam Uganda highlighted the exceptional work that business reporters have done since last year to date and how this is a great opportunity for not just showcasing their work but also getting recognised for it.

“You have been exemplary in informing the country about various businesses and also educating them about the insurance sector,” he said. “This is a great opportunity to not just be recognised locally, but globally.”

The awards are the premier financial journalism awards in South Africa and have become a prestigious and fiercely contested accolade. As such, they have become open to journalists outside of South Africa in line with Sanlam’s expansion on the continent.

In an ongoing effort to streamline the entry and judging process, there are no separate “platform neutral” and “platform specific” categories, rather one combined category that includes entries from all channels – print, TV, radio, online and multimedia – across businesses/companies, economy, financial markets, consumer financial education and the African Growth Story.

The best performers in each medium – print, TV, radio, online and multimedia across all five categories will be decided by the judges and announced on the awards evening as Financial Journalist of the Year – print, TV, radio, online and multimedia.

Each entry must include a minimum of three and maximum of five articles, reports, recordings or transcriptions that have been published or broadcast between 1 January to 31 December, 2017. Entries for the competition close on Friday, 2 March 2018.

The Sanlam Awards for Excellence in Financial Journalism have been recognising and rewarding exceptional business journalism since 1974.

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