By Our Reporter XENO Uganda, an investment management firm, has announced that their total assets under management in the XENO Unit Trust Funds stood at UGX 8 billion as of December 2019, equivalent to a growth of 164%. The announcement was made during the company’s annual general meeting on Monday. This was the first time the company was interacting directly with customers at an Annual General Meeting since their inception a little over 3 years ago. During the meeting, it was also revealed that the average yields on money market funds rose from 14.50% in 2018 to 15.82% in 2019…
Author: BigEyeUg1
By Our Reporter Rising singer and rapper, Zagaziilion has released a brand new video dubbed “Something Good Tonight”. The new single is a love ballad with a soothing vibe that will have you keep it on repeat. The audio was produced by Andy Music who laid it on a mellow beat, further lending a sultry feel of the song. The single is off his upcoming EP titled Sumbi Vibes. It’s video was directed by Aaronaire who brings an old skool feel to the visuals. Meanwhile, the youngster seems to be keeping his promise to release a single every end of…
By Our Reporter The Buzz Teenz Awards are back. The awards which are now in their 13 edition were officially announced on Friday and will be held in December despite the Covid-19 pandemic. To be hosted by Baby Gloria, the event promises a new and exciting format awards event in light of the pandemic. During the launch, it was revealed that two new categories have been added to this year’s event — Teenz Fashion star and Teenz Underground Rapper. The awards are sponsored by MTN Uganda through their youth lifestyle platform Pulse. “We are happy to bring the Pulse lifestyle to…
By Our Reporter Celebrated comedian Alex Muhangi has secured a mega deal with Miss Uganda- Canada beauty pageant. During a live Instagram interview on the Miss Uganda Canada Initiative page, Alex Muhangi, the Comedy Store CEO, confirmed that he will be hosting the Miss Uganda Canada beauty pageant next year. Muhangi also confirmed that he will manage the entire entertainment aspect of the pageant. “It’s official, I am the talent manager/ liaison for Gisha Production Inc, the mother company of The Miss Uganda Canada Initiative. I am charged with identifying the right talent for the event. This partnership will also…
By Our Reporter Before MTN put the idea of mobile money to life, the methods of sending and receiving money were not only informal but also very risky. At the time, financial services were largely limited to urban areas. Starting with peer to peer or sending, receiving, and withdrawing money, no one would have anticipated the extent to which mobile money would transform lives. Stephen Mutana, the General Manager, Mobile Financial Services at MTN Uganda tells us how mobile money penetration has expanded the access of modern financial services to the rural and unbanked population. What is your take on Fintech…
By Our Reporter MTN Uganda and Multinational Health Technology Company Baobab Circle have enhanced the Afya Pap service to deliver access to a doctor through Afya Pap Call a Doc feature. Baobab Circle, the team behind app has responded to the demand of the customer with a comprehensive telemedicine service for people who are unable to travel to a health facility especially in this COVID-19 global crisis. Baobab Circle’s answer to the desperation of people wanting to access medical advice has been to expand its Afya Pap service to MTN subscribers who can now call and speak to a doctor…
By Our Reporter Letshego has handed over poultry projects to respective farmers and beneficiaries that took part in the “Improving Life Campaign” (ILC). This is in line with Letshego’s Strategic Social Investment (SSI) policy, which aims at bettering livelihoods of the low and middle-income communities. The ILC campaign, picked exemplary and model farmers from the four regions in the country that were already existing Letshego customers and were undertaking initiatives that were bettering themselves and the communities within which they resided. “The ILC project actually spanned across all our 11 markets in Africa. For Uganda, in light of the fact…
By Our Reporter Ugandan Kickboxer, Golola Moses has finally acquired landlord status. This after he was handed keys to a newly-constructed bungalow. The new house comes as a gift from Hariss International, one of Uganda’s leading manufacturers of food and beverages, in appreciation for Golola’s loyalty and effort in promoting their brand. The pledge to construct a house for the kickboxer was made in November 2019 as the company launched their Rockboom can. The pledge has finally been fulfilled with the house officially handed over to him on Thursday. Golola Moses could not hide his excitement as he entered his…
By Our Reporter The Cooper Motor Corporation (CMC) has officially unveiled the all-new Ford Ranger Raptor in Uganda. It was unveiled during a ceremony held at at Busiika Motor RaceTrack on Wednesday. The Ranger Raptor creates an entirely new breed of exceptionally capable off-road vehicles that pushes the limits in technology, innovation and driving excitement. “We are excited and proud to unleash the Ford Performance version of the highly successful Ford Ranger, which is produced at our Silverton Assembly Plant in Pretoria, South Africa,” said Achraf El Boustani, Managing Director Ford North Africa and Sub Saharan Africa. “The Ranger Raptor…
By Our Reporter MultiChoice Uganda, through its local content flagship channel, Pearl Magic has donated Personal Protective Equipment (PPE) worth Ugx 281.3 million (US$75,000) to Kampala Capital City Authority (KCCA) and the National COVID-19 Task Force intended for people in high-risk areas and those at the frontline in support towards the fight against the coronavirus pandemic. Speaking during the handover, Colin Asiimwe, Head of Marketing appreciated the government, the medical fraternity, private sector and the general public for their collective efforts towards the fight against COVID-19 in these unprecedented times. He further stressed that, MultiChoice Uganda had made previous interventions…