By Our Reporter
In 2013, after receiving his NSSF retirement savings of UGX 85 Million, Aliira Simon who worked for Kinyara Sugar Works Limited from 1993 to 2012 retired into sugarcane plantation farming in Kinyara, Masindi district. Today, Simon who invested his retirement savings to buy 23 hectares and lease 64.8 hectares of land for his Sugar Cane Plantation has won the coveted Friends with Benefits contest with a cash prize of UGX 30 million, winning 23.78% of the vote.
Simon, credits the success of his business to involvement of his family in the decision-making process from the beginning. “Initially when I received the money, I called an emergency family meeting to discuss investment options. After so much deliberation, we settled on Sugar Cane Planting, something that I was already familiar with and the rest is history.” The sugarcane plantation that started with an initial investment of UGX85M in October 2012 produced its first sale worth UGX 250m in 2015 and UGX 220m in 2016. Mr. Simon has continued to buy more land for him to able to plant on a large scale
Mr. Patrick Ayota, the Deputy Managing Director of the Fund says that NSSF started this program for exactly stories like Simon’s in the hope that through the shows various facets, it would build a financially empowered membership in NSSF, reverse the current trend of the short lifecycle of businesses and give members other investment options upon retirement.
“The Friends with Benefits show has successfully highlighted the critical importance of informed investment. My advice to all our savers is to put enough research and thought behind an investment idea before jumping into it, so that you can invest in something that can give you good returns and can guarantee a sustainable income for you.” He said.
At the finale event, organized at Mestil Hotel in Kampala, the first runner up with 15.90% of the total vote was announced as Martin Owako, who walked away with a cheque of 15 million shillings. Mr. Owako, a seasoned economist, had worked with several Multinational Companies before retiring at 48 to take on Mofi Uganda Limited (a family business). He had to wait another 2 years before he was eligible to withdraw his age benefits. He invested 60M by erecting a residential home in Pallisa, UGX 15M in Mofi guest house, UGX 60M to purchase a Tourist Van (Mofi Tours), UGX 30M to Mofi Supermarket, UGX 15M into poultry specializing in Turkey and UGX 25M in Mofi consultancy by enrolling for a P.H.D at UNICAF. Today, he makes UGX 17 Million monthly from all these investments.
With 15.62% of the vote, Second Runner up Mr. Edson Mwine, a former Kyambogo University electric technician resigned from his university job to start his own welding machine business in Rugando, Mbarara District. The 46 year old Edison withdrew his exempted employment benefits in 2018. With only UGX 600,000 as his benefits, Edson started a Welding business in his community and has so far trained more than 200 students in the field of industrial training (electrical installation and welding manufacturing) in his community. Edson won UGX 10 Million
The Judge’s choice award went to Dr. Sarah Mubiru. Dr. Sarah prioritized a sweet manufacturing factory which she named Aroma Honey Toffee where she makes sweets out honey. The judges’ choice award was this year introduced to reward a contestant whose story had great impact and aspects of sustainability, but did not make it to the top 8 finalists. Dr Mubiru bagged UGX 5 Million for her outstanding story.
“As NSSF, we are very pleased with the show and how it is transforming lives and attitudes of people towards developing a savings culture and it is an investment that we have seen yield direct returns for the fund,” said Patrick who credits the growth of the voluntary saving scheme now standing at over 22,000 members largely to testimonials from Friends with benefits.
MTN Uganda contributes Ugx 20 million towards boosting palliative care in Busoga region
By Our Reporter
The MTN Uganda foundation has boosted Palliative care activities in Busoga sub region with a shs 20million cash donation.
The donation was handed over to the Executive Director Rays of Hope Hospice Jinja by the CEO MTN Uganda Wim Vanhelleputte during a brief ceremony at the MTN Uganda offices at Nyonyi gardens.
Rays of Hope Hospice is a nongovernmental organisation that provides palliative care to improve the quality of life for people with life threatening illnesses and their families in Busoga region and the neighbouring districts.
“In 2019, 33% of our enrolled women with cancer suffered from cervical cancer and 21% had breast cancer so we started education and screening for early diagnosis and treatment for these two most common cancers in Uganda, but we are limited by financing a the need is very great. So we are grateful to MTN for coming to our rescue and call on others to join the struggle not just in Busoga but the whole country,” explained Sylvia Nakami, the Executive Director Rays of Hope Hospice.
“The absolute poverty and last mile isolation of our clients means ray of Hope Hospice is often our patients last hope for treatment and care making our work immense and a crucial challenge. We can’t do this all on our own but with support from everyone, we can save several lives,” Nakami further explained.
According to the lady, many of the victims are mothers or sexually active people. “If a mother dies leaving her children that will be another problem, that’s why we do everything we can to save the mother or if they don’t make it, at least it will be more dignified.”
Vanhelleputte said he was delighted to work with a partner that puts every cent they get into good use and promised to continue supporting the work of the NGO.
Huawei applauded for contribution towards improving ICT and innovation in Uganda
By Our Reporter
The Speaker of Parliament of Uganda Hon. Rebecca Kadaga, has applauded Huawei for their efforts in improving ICT and Innovation in Uganda.
The speaker who was the chief guest made these remarks at a donation ceremony that happened at Kamuli where Huawei handed over assorted equipment.
The donation was handed to Hon. Rebecca Kadaga by Mr. Liujiawei, Huawei Uganda’s Managing Director, in the presence of the LC1, LC5, and the area member of parliament among other leaders.
“On behalf of the government of Uganda, I continue to commend you Huawei for your great contribution to I.C.T and Innovation of this nation. We have indeed proved you as an industry leader because of your efficiency and timely implementation of the various projects and as a government we have a special relationship with you (Huawei). We thank you for your corporate social responsibility initiative that you have exhibited today,” said Hon. Rebecca Kadaga, The Speaker of Parliament of Uganda
“I commend you for the Huawei ICT Academy that skills Ugandans and your intentions to take this program in Busoga University, I encourage you to keep going. I believe that this initiative is not only going to equip I.C.T skills but also create employment, innovation and general economic development,” she added.
Speaking at the ceremony, Mr. Liujiawei, Huawei’s Managing Director expressed his deepest pleasure for the opportunity to give back to the people of Busoga.
“We hope to bring Uganda not only these specific materials, but also, more importantly, the development opportunities for the every Ugandan; Digital skills that bring capabilities
and seize opportunities; the connectivity and a better life for the future,” Mr Liu Jiawei said.
Shell brings cheer to motorists
By Our Reporter
Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda, brought cheer to motorists with exciting rewards in their recently concluded Shell 10 Weeks of Cheer campaign.
The campaign which kicked off in December and ended with February saw customers who spent UGX50,000 at a participating Shell station handed draw coupons requiring them to enter the competition by sending a unique code and their license registration number to 8008 by SMS.
Through weekly draws, 10 lucky jackpot winners walked away with UGX 500,000 worth of fuel each.
“My work involves a lot of field work and we often have to use a car,” Veronica Ndagire, a sales personnel who was one of the jackpot winners said. “One day, while filling up at a Shell fuel station in Namanve we were given scratch cards, and that is when I started sending messages.”
Ndagire revealed that she was skeptical about the promotion, and could not believe that she was one of the lucky jackpot winners.
“I even thought the promotion was not real and did not believe it when someone from Vivo Energy called me telling me that I had won fuel worth 500K.” She said. “I had almost shrugged it off, and then I received a message reminding me to go redeem my fuel.”
For Kugonza Jennifer, who had learned about the promotion through a friend, she had no doubts when she was told she was one of the winners.
“I was encouraged to participate in the promotion by my friend who had already won free fuel,” Kugoza said. “After sending messages for a week, I was also a winner. They called telling me I had won Ugx 500K worth of fuel.”
“I am really excited to have been one of the lucky winners and because of this I will always be a loyal Shell customer.” She added.
A total of 19,365 customers were rewarded with prizes worth UGX 500M during the campaign. The campaign spread cheer to all regions of Uganda with over 100 Shell stations countrywide participating to ensure convenience for customers across the country.
Over 19,000 customers rewarded as the Shell 10 Weeks of Cheer campaign comes to an end
By Our Reporter
A total of 19,365 customers have been rewarded with prizes worth UGX 500M in the just concluded Shell 10 weeks of cheer campaign, a national promotion by Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda.
The campaign was announced in December to reward customers during the festive season and infuse extra cheer throughout the holidays and the beginning of the year.
It had a presence across a total of 105 Shell stations countrywide to ensure convenience for customers across the country.
Traversing all regions of Uganda and reaching a total of 24 towns to spread cheer, the campaign held exciting engagements reaching 60,000 customers, 9,000 of whom could not hold back their joy at going home with branded merchandise, fuel vouchers and home grocery packs.
Speaking at a final prize redemption at Shell Bugolobi, Mark Mutungi, the Fuels Brand Manager at Vivo Energy Uganda thanked customers for participating in the campaign.
“Since December, we have celebrated our customers and gifted them for doing business with us. This campaign was for all our customers including boda riders, taxi drivers, private motorists and truck drivers that use Shell fuels, lubricants or shop services.”
Since December, customers who spent UGX50,000 at a participating Shell station were handed draw coupons requiring them to enter the competition by sending a unique code and their license registration number to 8008 by SMS.
“I have consistently been a Shell customer for 10 years and counting. I am glad that my loyalty to Shell has yielded rewards for me. I was happy to be among the lucky winners of the recently concluded promotion,” Umar Mustafa Badola one of the winners said.
In addition to the instant rewards, 10 weekly draws were also held across the country that saw customers win jackpot prizes of fuel worth UGX500,000 and UGX50,000 for motorists and riders respectively.
“I could not believe my luck when I was given fuel worth 500,000 after spending only 50k! I have been smiling all the way to the pump, without needing to worry about budgeting for fuel,” said Veronica Ndagire one of the jackpot winners.
“We would like to thank all our customers who continue to choose Shell. Our customers are at the heart of our business and we look forward to even more opportunities to interact and engage with them as we make life’s journeys better,” Mutungi concluded.
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