fbpx
Connect with us

Leader board

Local Business

Equity Bank Uganda targets Ugandans in the Diaspora

Published

on

You could win big cash with FortBet. Click here for more

By Our Reporter

Equity Bank Uganda will be showcasing feasible investment and banking opportunities for diaspora customers back home at this year’s Uganda North America Convention being held at the Hyatt Regency in Chicago, from August 29 to September 1, 2019.

A delegation led by the Bank’s Executive Director, Anthony Kituuka will be attending the Trade and Investment Forum, the Networking Mixer and Miss Uganda North America Beauty Pageant from Thursday August 29 to Friday, August 30. They will be sharing more information on diaspora savings, loans and money remittance facilities for Ugandans working globally but are interested in investing and banking in Uganda.

Speaking about the event, Mr. Kituuka said, “It is now very convenient for Ugandans working in the diaspora to run bank accounts back home. As one of the banks handling large inflows of diaspora remittances, we recognize that our customers residing in foreign countries require convenience when they want to transact back home. Our Diaspora banking services have all the features you need to manage your finances while working abroad,” he added.

The e-banking system allows Ugandans living in the diaspora to make money transfers through SWIFT services and thirteen money transfer solutions across the globe. The Bank also offers 24/7 banking support via online banking (EazzyNet), mobile banking (EazzyBanking App) as well as access to financing formortgages, land purchase and equity release facilities.

“We have taken appropriate security measures to ensure that account opening, transfer processes and management of bank accounts is seamless, “said Mr.Kituuka.

Equity Group has banking subsidiaries inUganda, Kenya, Tanzania, South Sudan, DRC and Rwanda. Equity Group recently signed a preliminary agreement with Atlas Mara Limited that will see the Bank’s entry into Zambia and Mozambique. Most recently, it set up a Commercial Representative Office in Addis Ababa, Ethiopia.

The World Bank and Bank of Uganda reports say Ugandan citizens in the diaspora have been sending home over a billion dollars over the last three years. In 2017, Ugandans in the diaspora sent home US $1.4 billion though that figure fell slightly to US$ 1.312 billion in 2018.

The theme for this year’s convention is Cultural Diversity and Economic Empowerment: Building a Stronger Diaspora Community while Miss Uganda North America is running under Empowering Young Women to Lead.

Loading...
(Visited 1 time, 1 visit today)

Local Business

dfcu Bank flags off women entrepreneurs to Kenya for study excursion

Published

on

You could win big cash with FortBet. Click here for more

Belinda Namutebi, Council Member of dfcu Bank's Women Advisory Council flags off the women winners.

Belinda Namutebi, Council Member of dfcu Bank’s Women Advisory Council flags off the women winners.

By Our Reporter

dfcu Bank in partnership with Monitor Publications Limited’s (MPL) flagship brand Daily Monitor and Uganda Investment Authority have flagged off the winners of ‘Rising Woman’ Season Two Initiative to an all-paid study excursion in Nairobi, Kenya. The trip is expected to enhance their understanding of their various businesses and expose them to best practices.

As part of the Bank’s commitment to support local women entrepreneurs and offer the best finance options for investment, dfcu Bank through its Women in Business Program (WiB) started ‘Rising Woman’ and collaborated with different partners to empower and accelerate the participation of women entrepreneurs in the business arena.

Since its inception over 35,000 women have benefited from capacity building sessions organized by the Bank in partnership with different stakeholders.

The 6-month nationwide Rising Woman campaign under the theme ‘Taking your Business forward’ attracted over 1,000 women entrepreneurs in the two-day business training sessions enlightening them on business matters such as; taxation, record-keeping, investment licenses, the importance of business registration and marketing. This was in addition to a two-day expo which provided women-headed businesses with a platform to showcase their products, services and share knowledge with other entrepreneurs which climaxed the campaign.

The trainings run alongside a proposal writing competition that saw 13 women entrepreneurs emerge victorious during the awards dinner at Hotel Africana. One delegate was chosen from the top ten winners of the proposal writing competition to represent their businesses in Nairobi.

The following women entrepreneurial groups emerged victorious in the competition; Western Silk, My Passion, Haziel Agencies, Living Love Ministries, Val Media Consultancy, AWA Foods, Sceck Consults, Aw Bamboo Enterprises Limited, Finem (U) Limited, Wegner Investment Limited.

Belinda Namutebi, Council Member of dfcu Bank’s Women Advisory Council officiated at the flag-off; congratulating the entrepreneurs and urging them to take advantage of the study tour and the benefits of the Bank’s tailor-made financial solutions for women.

One of the women entrepreneurs, Betty Mbaziira Kasabiiti, of Awa Foods, a dairy products processing company, was ecstatic about her latest achievements as a result of being part of the programme.

“I am grateful for the opportunity that dfcu Bank has given me to broaden my knowledge. Through the Rising Woman programme, I have managed to learn, increase my sales, advertise my products and gain more clients. Kenya is very big in the dairy sector in the region and I look forward to learning more from this trip,” Kasabiiti remarked.

“I am not a dfcu Bank customer, but I got to know about the programme through the media and I joined. I have been able to learn a lot on how to run my consultancy and be able to help other beneficiaries. Right now, we are focusing on earning through tourism and I hope that during this trip, I get to learn more about how to generate potential tourism revenues as well as tap into the Kenyan market through the connections we shall make,” said Kazoora Charlotte Mucunguzi another winner, with Sceck Consults, who specialize in youth and women economic empowerment trainings through financial advisory services.

This brings to twenty the number of women led businesses that have benefited from the skills building study rips conducted in 2019 and 2020.

Loading...
(Visited 1 time, 1 visit today)
Continue Reading

Companies

Live luxuriously in and around town on budget at fully furnished Eric Wilkins Apartments, open to public now

Published

on

You could win big cash with FortBet. Click here for more

By Reporter

Eric Wilkins apartments are a new home away from your home and are now open. The new apartments are located in different parts in and around Kampala. Eric Wilkins apartments first have been made affordable considering it will be a place everyone would love to spend, a day, week, month or even make home. They have been confirmed for tranquility and conducive ambiance around the city. The 2 bedroom lavish apartments are fully furnished and are available for short and long stay.

The website has learnt the apartments have availed packages for clients who can stay a day, week, month and even a year. They are located in Nyanama-Bunamwaya, Najeera and Entebbe.

Eric Wilkins apartments have 2 bedrooms, a modern fully equipped kitchen, Luxurious furniture, Spacious living and dining space, Gazebo with outdoor comfy furniture and family lounging shelter, Ample parking space, 24 CCTV surveillance and guaranteed security, Solar powered lights, Well equipped laundry area.

The new apartments are suitable for Couple getaways, Honeymooners, Retreat away from home, Business travelers, Expatriates and much more.

To book, go to www.ericwilkinsapartments.com or ericwilkinsapartments.co.uk or Contact Dauda Ashiraf on +256 785 61 52 65 / +256 702 61 52 65

Loading...
(Visited 1 time, 1 visit today)
Continue Reading

Local Business

FRESH DAIRY KICKS OFF NEW YEAR WITH MEGA GOODIES HANDS OVER

Published

on

You could win big cash with FortBet. Click here for more

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.

Loading...
(Visited 1 time, 1 visit today)
Continue Reading
Loading...

Facebook

HOT RIGHT NOW

%d bloggers like this: