Author: BigEyeUg1
By Our Reporter I&M Group PLC has today officially launched its rebranded operations in Uganda, following its acquisition of Uganda’s Orient Bank Ltd on 30th April 2021. The Ugandan bank will now operate as I&M Bank (Uganda) Limited and adopt the Group’s vibrant corporate logo and colours. The Nairobi-based financial Group announced that the rebrand comes after the I&M Group’s successful acquisition of a 90 per cent shareholding in Uganda’s Orient Bank Ltd earlier this year. This received regulatory approval from the Central Bank of Kenya, Bank of Uganda, Capital Markets Authority of Kenya as well as the Common Market…
By Our Reporter At least 7,500 people have received their COVID-19 vaccine shots in a vaccination drive held by Uganda Breweries Limited (UBL) in partnership with Buganda Kingdom. The activity was the first of its kind with a cultural institution and received an overwhelming turn-out in response to the call by the Katikiro to the public to show up in large numbers at Bulange, Mengo and get vaccinated to facilitate full reopening of the economy. “The turnout and response of the public has been massive this weekend. We are grateful for the support of the Buganda Kingdom as we work…
By Our Reporter The Federation of Uganda Basketball Associations last week entered a long-term partnership with Next Media Services, which was announced at a press briefing at the Next Media Park in Naguru. The new partnership sees Next Media Services earn exclusive broadcast and digital rights for all major basketball competitions run by the Federation of Uganda Basketball Association (FUBA) – from top tier national basketball leagues for both the men and women to the lower divisions, schools’ events and more. Speaking at the launch of the partnership, Next Media’s Chief of Strategy, Joseph Kigozi, said, “Today is the start…
By Our Reporter The second edition of the Tusker Malt Conversessions, an online musical series that went live on Sunday evening can only be described as a remarkably thrilling serenade from songbird Naava Grey. Music enthusiasts are treated to 38 minutes of uninterrupted premium content from the Afro-Soul goddess as she keeps the audience locked and engaged during her tell-all conversession about her trials and tribulations in the music industry. “It’s passion that keeps driving me to do my music till today, otherwise I would have given up, because who writes a song and it still hits the same way…
By Our Reporter Ochan Tonny Okwi, a transporter of farm produce from the Northern region, only needed one purchase of Shell FuelSave Diesel at Shell Juba Road recently that has since seen him upgrade his vehicle to a brand new Toyota Hiace courtesy of the ongoing ‘Jjuza Akameeza’ promotion. Five other customers also walked away with fuel worth UGX 1 million worth of prizes during the third grand draw ceremony held at Shell Bulenga. “Many of our customers have been struggling to make ends meet in the months following the nationwide COVID-19 lockdown. Therefore, through this promotion, we are giving…
By Our Reporter Movit Products has announced a contribution of Ugx 20 million towards the annual Kabaka Birthday Run. Organized by the Buganda Kingdom, the Run is an annual event held to celebrate the birthday of His Majesty Ronald Mwenda Mutebi II, the Kabaka of Buganda Kingdom. This year, the event will be held under the theme, “Men Against AIDS to save the girl child” and was officially launched at the Bulange — Mengo gardens on Thursday. The Katikkiro of Buganda, Owek. Charles Peter Mayiga in his address expressed the kingdom’s gratitude to all the associates and partners who have…
By Our Reporter Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants, has appointed Johan Grobbelaar to be its new Managing Director. This appointment follows the successful leadership of the company by Gilbert Assi over the past four years, who has been appointed Managing Director of Vivo Energy Guinea. “I am very excited about joining Vivo Energy Uganda and continuing to grow the business. The team has delivered innovative solutions to customers in the country, and we will continue to push the boundary to delight our Retail and Commercial customers in the months and years…
By Our Reporter The 2021 edition of the Kabaka Birthday Run has been officially launched. It was announced during a press conference that was held Bulange-Mengo, Buganda Kingdom Headquarters on Thursday. This year’s run will be held under the theme “Men against HIV/AIDS to save the girl child” with the aim of encouraging men to take the lead in the fight against HIV/ AIDS by getting tested, treated, and ultimately protecting girls and women against infection. Speaking at the launch, the Katikiro of Buganda Kingdom Owek. Charles Peter Mayiga, said that the campaign against HIV requires behavioral change and sharing of…
By Our Reporter Kenya’s President Uhuru Kenyatta is among world leaders attending the UN climate change summit in Glasgow, Scotland. He took time off to tour the famous Johnnie Walker Princes Street in Edinburgh, Scotland. The Johnnie Walker Princes Street is a multi-million-pound visitor attraction promoting Scotch whisky that recently opened in Edinburgh. While at the facility, Uhuru attended a meeting organised by Diageo with the Scottish Africa Business Association. He visited the establishment together with UK’s Secretary of State for International Trade to discuss water and agribusiness sustainability in Kenya and the broader Africa. Diageo is big on supporting…
By Our Reporter Kenya’s Capital Markets Authority (CMAK) has provided its ‘no objection’ for The MTN Uganda Initial Public Offering (IPO) to be marketed in Kenya, allowing the marketing of the shares to both Professional Investors and Retail Investors following the opening of the offer in Uganda on 11th October 2021. The marketing in Kenya is spearheaded by SBG Securities, and Dyer and Blair, both of whom are licensed market intermediaries in Kenya, working in collaboration with their respective affiliates in Uganda. SBG Securities Uganda Limited is the Transaction Advisor and Lead Sponsoring Broker for the MTN Uganda IPO and…