dfcu Bank is in the initial stages of designing an innovative solution for on-boarding new customers. This follows the signing of a contract with the FinTech Company Laboremus Uganda on the 19 th of March 2018 to accelerate the digitization of its banking systems.
The contract will allow the partners to jointly design a solution that will drastically reduce the time and paperwork required for opening an account, while being adapted to the local market needs. With the expansion of agency banking in Uganda, it is key to leverage technologies such as mobile, as well as take advantage of the new National ID card system. All this will lead to banking that is safer and more convenient for customers, especially in remote areas with a special emphasis on SMEs, women in business, investment clubs and farmers.
“Technology and innovation have become key strategic areas of investment for any financial institution in the digital age. We want to leverage capacity locally and from abroad to supplement our own team and to fast track results on our banking experience,” says dfcu Chief of Business and Executive Director, William Sekabembe.
Laboremus Uganda, which is partially Ugandan owned, is part of the Laboremus Group from Norway which specialises within software for the banking sector. In 2013, the company was set up as a joint venture in Uganda, with offices in Bugolobi. Developers in Kampala have for the last five (5) years, been closely involved in the development of solutions for the European market. The company has a dynamic team of experts, consultants, innovators and digital transformation specialists, in addition to software developers.
The partnership between dfcu Bank and Laboremus will give dfcu access to technology and practices currently applied in Scandinavia, a region known to be ahead of the rest of the world when it comes to digital banking and FinTech. In addition to development of key software, the partners will, through agile processes, develop innovations that will put dfcu bank at the forefront of the next generation of banking.
“Partnering with dfcu bank, the second-largest bank in Uganda, is a great opportunity for Laboremus to show that our combination of exposure to the Scandinavian market as well as deep knowledge of the local market can be a winning combination for innovation in the financial space”, Timothy Musoke, the Head of Technology in Laboremus adds.
Mbarara resident hits Ugx 200 million jackpot in Supa 3 lottery
By Our Reporter
Mbarara based electrician Arinaitwe Baram is the lucky winner of the supa3 jackpot that totaled to 200 million shilling.
Baram who was announced winner on Sunday night on the Supa3 live show, says that he played using only 4000 shillings, but he managed to win the 200 million. He told journalists upon receiving his cheque that he will spend his winnings on constructing a house and expanding his business.
Baram joins other winners such as John Sekaggya who won 50 million shillings, Denis Ssemanda a 7 Million winner, Stella Acor a 6 Million winner and other multiple winners.
Meanwhile, Supa3 Jackpot will now return to 50 million shillings this weekend.
Every entry into the 10-minute draws gets a corresponding free entry into the weekly Supa Jackpot Draw which offers the chance to become a multimillionaire. Supa 3 players qualify for one entry into the Jackpot for every UGX. 1,000 they play.
Every Supa 3 ticket comes with a unique code consisting of 6 letters of the alphabet which comprise the entry into the Jackpot draw
Museveni meets President of StarTimes Group during FOCAC Summit
Ugandan President Yoweri Museveni met with the President of StarTimes Group Pang Xinxing on Wednesday when he was attending the Summit of the Forum on China-Africa Cooperation in Beijing. Mr Pang Xinxing introduced that StarTimes created more than 6000 job opportunities since it started investment in Uganda in 2009 and StarTimes digital TV transmission platforms have enabled Ugandan people to watch rich international and local television programs with an affordable price. Pang said: “We look forward to expanding further bilateral cooperation with our advantageous technology and media resources.” President Museveni appreciated StarTimes’ contribution in Uganda’s digital migration progress and the project of “Access to Satellite TV for 10,000 African Villages”.
He said that the national digital migration is a very important fundamental project for Ugandan people and it wouldn’t be achieved without StarTimes’ involvement. Museveni also invited Pang to visit Uganda with hoping that StarTimes can have more investment in the country.
StarTimes now is the biggest digital TV operator in Uganda with holding 75% market because of affordabl prices and rich content services. In August, StarTimes just unveiled the biggest ever single sponsorship in the history of Uganda www.startimestv.com sport after remarkably securing the Uganda Premier League and FUFA Big League “Title and Broadcasting Rights” from FUFA for a staggering US$ 7,240,000 for 10 years starting with the
2018/2019 season. The Vice President of StarTimes Uganda company, Mr Aldrine Nsubuga said: “We however don’t just want to entertain football fans with foreign football, we want to be relevant to local football fans. We want them to appreciate their local football and support it with a greater passion which is why we want to bring the local league in every household through our broadcast platforms.” The project of “Access to Satellite TV for 10,000 African Villages” is a China-Africa Cooperation program, which was announced by Chinese President Xi Jinping on December 4th, 2015 when he was present at the Johannesburg Summit of the Forum on China-Africa Cooperation. The project is aimed at enabling African families in rural areas to have access to the digital signal with high-quality images and rich TV programs. There will be around 10,000 villages in more than 20 African countries benefiting from the project of “Access to Satellite TV for 10,000 African Villages”. For Uganda, 500 villages are
included in this China-Africa cooperation project. As Africa’s leading digital TV operator, StarTimes is undertaking the whole project. On 20th July, StarTimes launched the project of “Access to Satellite TV for 10,000 African Villages” in Uganda.
Emirates offers Ugandan travelers attractive offers to Dubai
Emirates is offering Ugandan travelers the opportunity to visit Dubai, available at a very special offer for Economy and Business Class roundtrip, a free third piece of luggage of up to 23 kg and a month’s tourist visa included in the offer.
Under the special offer, an Economy Class ticket from Entebbe to Dubai costs $359 and Business Class $1,309. The special offer is for a limited time only and tickets must be booked between 13th September 2018 and 27th September 2018, while travel must take place between 13th September 2018 and 31st March 2019. The cost of the ticket includes airport taxes.
Emirates is also offering a 3rd piece of luggage of up to 23kg for Economy Class and up to 32kg for Business Class, with a one-month tourist visa included.
Dubai provides a great escape for visitors. Its year-round sunshine, world-class shopping and restaurants, stunning beaches and iconic buildings offers something for the whole family. Visitors to Dubai can enjoy some of the city’s must-see places like Global Village – multi-cultural festival park and shopping destination – as well as theme parks such as Wild Wadi Waterpark and IMG World of Adventures. The city also offers a wide range of accommodation to suit all budgets.
On all Emirates’ flights, customers can look forward to hours of entertainment on the award-winning inflight entertainment system, ice, which offers over 3,000 channels of on demand audio and visual entertainment, from the latest movies, music, audio books and games, as well as family friendly products and services for children, including complimentary toys, kids’ meals and movies, priority boarding for families and the use of free strollers at Dubai International Airport.
In addition to the on-board comforts and products, customers will experience the world famous hospitality from Emirates’ multinational cabin crew who come from 135 nationalities and speak over 60 languages, while enjoying chef prepared regional and international cuisine, using the freshest ingredients, accompanied by a wide range of complimentary wines and beverages.
Emirates flies daily from Entebbe to Dubai.
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