By Our Reporter Uganda Development Bank Limited (UDBL) in partnership with Operation Wealth Creation (OWC) conducted a business forum in northern Uganda on Friday. Held at Watoto Church hall in Gulu city, the forum was aimed at addressing funding and other challenges that either impede private sector access to finance or constrain effective project formulation, implementation and management. The workshop was also geared towards promoting financial inclusion and ease access to credit for the investors including small holder farmers and SMEs in the priority sectors. Addressing guests at the forum, Patricia Ojangole, the Chief Executive Officer of Uganda Development Bank…
Author: BigEyeUg1
By Our Reporter Airtel Uganda and MultiChoice Uganda have announced a partnership to offer television viewing internet bundles that will make it possible for DStv subscribers on the Airtel network to watch DStv on the DStv App. The DStv tailored Bundles will enable DStv customers who have the DStv App access and stream live content anywhere at any time without using their normal surfing bundles. Commenting on the product, Amit Kapur, the Chief Commercial Officer at Airtel Uganda reiterated the timeliness of the partnership and product. “Now more than ever, the relevance of the smartphone is fast evolving to meet…
By Our Reporter MTN Uganda has thrown its weight behind the local movie industry with the launch of a Video on Demand (VOD) channel offering a premium mix of local Ugandan movies. The New Channel named “Kibanda Xpress” is a partnership between the Telecom Company and PearlWood, an association of local film producers. Kibanda Xpress is available on YoTV channels, a mobile app that allows one to stream local and international Radio and TV channels in real time via a smartphone. Kibanda Xpress features over 150 Ugandan movies and will live stream premiers of new movies as well other local…
By Our Reporter Over the years, many ponzi and pyramid schemes have fleeced Ugandans of billions of shillings as they mask as real money-making opportunities, yet they are simply fronts to rob people of their money. In the crypto world, the OneCoin cryptocurrency scam readily comes to mind as it raised billions of pounds from investors and misled them that they were buying into a new digital currency. Perhaps because of Ugandan’s welcoming attitude towards cryptocurrencies, many have been taken advantage of and have fallen victim to a number of scams. For instance, a 2019 report by the Financial Intelligence…
By Our Reporter Your hairstyle speaks volumes about you, they say. And what better way to make a statement than with a “VIP hair treat”. Officially opening this Friday, April 9th, Callisto Hair salon is a new beauty parlor promising a VIP treatment for its clientele. It is spacious with its interior decorated to give a homely feeling, complete with a waiting lounge for visitors. We have learnt that the new salon will open in a grand fashion, offering special discounts of up to 50% on all their services to mark the launch. It is a unisex salon offering a…
By Our Reporter There are signs that the Ugandan economy is gradually returning to the old normal. Growth and rise in business activities of the private sector, as seen at the end of the first quarter are pointing to that. The headline Stanbic Purchasing Managers’ Index (PMI) posted 53.2 in March, up from 51.2 in February signaling an improvement in business conditions for the second month running. The latest reading was the highest since last November and is just above the series average of 52.9. Sponsored by Stanbic Bank and produced by IHS Markit, the monthly survey involves a questionnaire…
By Our Reporter The Kampala Film Development Foundation (KFDF) has partnered with the U.S Embassy in Uganda to organize the first ever Film and Cultural Week. The three-day event is slated to take place starting May 28 to May 30 in Kampala. The Film and Cultural Week will be an annual event. The event themed ‘Film as a Tool for Cultural Expression and Economic Development’ will feature different activities including filming workshops, music, dance and poetry. There will also be exhibitions, screenings for Ugandan and American short and feature films, music performances, as well as discussions on the film business.…
By Our Reporter A Ugandan filmmaker has won a scholarship to study at the New York Film Academy of Visual and Performing Arts (NYFA) with another film editor securing a training opportunity with Jasco Broadcast Solutions, in what will be a major skills boost for the country’s entertainment field, particularly film. The two Ugandans were among a fresh cohort of filmmakers that graduated from the MultiChoice Talent Factory (MTF) Academy Class of 2020. Uganda’s Daisy Masembe won an 8-week scholarship from the prestigious New York Film Academy of Visual and Performing Arts (NYFA) while Isiko Abubaker will get an AVID…
By Our Reporter The 10th edition of the NSSF Career Expo was a big success, benefitting over 4000 students who attended online. The annual event which targets students at higher institutions of learning as well as fresh graduates was held virtually for three days, starting Wednesday, March 24 to Friday, 26, 2021. The expo featured different industry experts in the business, banking and tech sector discussing different topical issues aimed at opening up students to new opportunities beyond their degrees so they are better prepared for the versatile job market. During the expo, students were advised to acquire more soft…
By Our Reporter Easter Sunday at Kampala Serena Hotel was an exhilarating affair for guests who graced the Tanqueray Sunday Brunch. The exotic buffet fiesta that happens once every month saw over 200 guests flocking the Lakes Restaurant at the Kampala based hotel for a fully satisfying, mouthwatering meal accompanied with premium gin cocktails and other delicious sweet assortments. Being Easter, the melodic tunes that flowed through the venue complemented the beautiful celebrations as Simba Sounds Band entertained the visibly pleased guests. “We are happy to be a part of the Easter celebrations for these families. Today has been beautiful,…