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dfcu Bank recognized for its financial literacy efforts

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Digital Impact Awards Africa

dfcu Bank has been recognized as the number one promoter of financial literacy in Uganda. The recognition was made at the 2018 Digital Impact Awards Africa which were held last Friday at the Kampala Serena Hotel.

The award for promoter of financial literacy was given to the bank for its Investment Clubs campaign dubbed, ‘Battle for Cash’. The campaign in its second year seeks to drive a savings culture among Ugandans through Investments Clubs. The ‘Battle for Cash’ competition is in form of a TV show in which participating clubs have a chance to pitch their business plans to a panel of judges over a period of three months, get exposed to different business principles and stand a chance to win funding for their business projects alongside business advisory services for a year.

In 2017, over 200 Investment Clubs applied to enter the competition, 20 clubs were selected and pitted against each other in a competition that saw Geneber Outspan Organic Farmers from Amolatar emerge as overall winners walking away with a cash prize of UGX 25 million.

This year, over UGX 100 million in prize money has been set aside for the best Investment Clubs with the over all winner taking a cash prize of UGX30 million. The competition has special categories for Women & Youth Clubs on account of their contribution to Uganda’s economic development.

According to the organizers of this year’s awards, the 2018 Digital Impact Awards (#DIAA2018) were to recognise and reward individuals and organizations across Africa that are spearheading the use of digital tools to not only enhance financial and digital inclusion but also lead to continental economic transformation.

Michael Mwesigwa, dfcu Bank’s Senior Manager, Investment Clubs & SACCOS said the award reflects the positive impact of its endeavors to provide countrywide financial literacy. “dfcu Bank has consistently and deliberately availed financial literacy to thousands of people across different segments. Our Investment Clubs customers receive regular skilling which covers a wide range of topics and concerns.”

“We are proud to receive this award and will continue to impart these skills which we believe are crucial in transforming the savings and investments culture in Uganda,” he concluded.

As part of the campaign, dfcu Bank teams traverse the country carrying out financial literacy workshops that focus on different aspects including why and how to save, where to invest money so it can grow, things to think about when thinking of investing and so much more.

dfcu Bank has been at the forefront on driving a Savings and Investment culture in Uganda since 2007 with the introduction Investment Clubs program designed to foster group savings. Over the years, the program has grown to over 10,000 Investment Clubs that cut across all segments including students, the professionals, women and youth.

The ‘Battle for Cash’ challenge started airing on NTV last Sunday and will continue to mid-December when the best performing clubs will be rewarded.

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Local Business

FRESH DAIRY KICKS OFF NEW YEAR WITH MEGA GOODIES HANDS OVER

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By Staff Writer

Fresh Dairy has today rewarded the final batch of winners for its Fresh Dairy Recipes challenge with an assortment of goodies to include Fresh Dairy flavoured yoghurt, Brookside fruit yoghurt, Long life UHT milk and flavoured milk.

The final six winners included Martha Kose, Mozes Bibangamba, Lewis Deshan, Mo Ni Que, Maisha and Bree Amollo who received their goodies at the Fresh Dairy offices.

The Fresh Dairy Recipes challenge which was run by My Food Network, a Facebook foodie platform for over a month now, climaxed during the festive season with an aim of showcasing authentic recipes by actual people in Uganda that incorporated Fresh Dairy products in cooking to include butter, ghee, plain yoghurt, fresh milk, fresh cream and Brookside fruit yoghurt.

Marketing Manager, Brookside Limited – Vincent Omoth said, ‘At Fresh Dairy we produce healthy and nutritious products that are ideal nutrition boosters for the whole family. Running this Fresh Dairy Recipes challenge during the 2019 festive season encouraged people to creatively cook while developing healthy recipes for the whole family using Fresh Dairy products to make pastries, barbecues and roasts, stir fried rice and chicken, smoothies and meal accompaniments among others.’

Omoth further noted that all winners were rewarded for not simply downloading internet images, but actually preparing healthy and nutritious meals for their families using Fresh Dairy products.

Omoth thanked all participants for taking part in the challenge and noted that Fresh Dairy will continue coming up with exciting promotions to encourage people to adopt healthy and nutritious lifestyles.

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Local Business

Shell customers win big in 10 weeks of Cheer promotion

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By Our Reporter

Over 2,000 customers have so far been rewarded with fuel worth over UGX 80 million in the ongoing 10 weeks of Cheer promotion by Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda.

The national promotion which is targeted at all motorists including boda riders, taxi drivers, private motorists and truck drivers was announced in December to reward customers for their loyalty during the festive season.

“For the past 3 weeks, we have been running daily draws at participating Shell stations generating over 2,000 winners who have received various prizes which include fuel worth UGX50,000 for general motorists, UGX15,000 for riders and household groceries. Weekly jackpot winners have received UGX500,000 worth of fuel for general motorists and UGX50,000 for riders,” said Mark Mutungi, the Fuels Brand Manager at Vivo Energy Uganda.

For every UGX 50,000 spent on Shell fuels, lubricants or shop services, customers receive a draw entry coupon at any of the participating Shell service stations.

Thereafter, customers are required to scratch their draw entry coupon to reveal a unique code and SMS both the code and their vehicle registration plate number to 8008 for a chance to win.

Through weekly draws, 10 lucky jackpot winners walk away with UGX 500,000 worth of fuel each.

Marvin Genza, a customer who purchased fuel worth UGX50,000 could not believe his luck upon receiving the UGX500,000 fuel jackpot prize. “This is a great start to the year and I thank Shell for this prize that will sustain me through the rough January blues. I encourage all customers to participate and win.”

“The promotion is ongoing and will run until 16 February with activations spread countrywide at 105 Shell stations. I encourage our customers to participate to stand a chance to win over UGX500 million worth of prizes left,” Mutungi added.

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Local Business

Vivo Energy Uganda awarded for its child helmet safety campaign 

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L-R:  Vivo Energy Uganda Managing Director Gilbert Assi, Vivo Group Chairman Christian Chammas, Vivo Energy Uganda Corporate Communications Manager Valery Okecho, Communications Assistant Hilda Tushabe, Vivo Energy Namibia MD Edward Walugembe and Group Executive Vice President for East & Southern Africa, Hans Paulsen receiving the award.

L-R: Vivo Energy Uganda Managing Director Gilbert Assi, Vivo Group Chairman Christian Chammas, Vivo Energy Uganda Corporate Communications Manager Valery Okecho, Communications Assistant Hilda Tushabe, Vivo Energy Namibia MD Edward Walugembe and Group Executive Vice President for East & Southern Africa, Hans Paulsen receiving the award.

By Our Reporter

Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda, has been awarded Vivo Energy Group’s Reputation Builders Award for its behavioural change campaign titled, ‘Heads Up!’

Vivo Energy’s Reputation Builders Award is awarded to a project or team that has made a significant contribution to improving the reputation of Vivo Energy with external stakeholders.

‘Heads Up!’ was launched in 2019 with an aim of creating awareness about the probable dangers that school children using public motorcycle transportation, commonly referred to as ‘boda bodas’, face during their daily commute to and from school ; mostly without the required safety helmets.

The partnership between Vivo Energy Uganda and Safe Boda Uganda saw both companies donate child helmets to 12 public schools in high traffic areas of Kampala.

School heads distributed and managed their use among their respective pupils that use motorcycle transportation to attend school.

Announcing the award at the Group’s annual Leadership Conference, the Vivo Energy Group Head of Communications, Rob Foyle said, “The annual Vivo Awards are important as they allow us the chance to both celebrate success, and also recognise and reward some of the best work that’s completed all across our company. Congratulations to team Uganda for winning this award.”

Vivo Energy Uganda Managing Director, Gilbert Assi said, “This is a great honour for our company and for our Corporate Communications team, which is in charge of managing Vivo Energy Uganda’s reputation with all stakeholders through socially impactful community initiatives in education, environment and road safety.”

“Creating safe road users also requires that we increase public awareness about their role in enhancing their own safety. We hope that this campaign will continue to inspire the introduction and enforcement of policy to address regulation of safe transportation of children using motorcycle transportation to and from schools,’’ he added.

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