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MTN donates more to Bududa landslides victims

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MTN Foundation has donated relief items to Bududa landslides victims.

MTN Foundation has donated relief items to Bududa landslides victims.

The MTN Foundation has delivered more relief items to the Bududa community.

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MTN previously contributed Shs50m to the Uganda Red Cross drive to raise Shs1.2bn to help the people of Bukalasi Subcounty, Bududa District that were affected by landslides. More to that, the MTN staff also contributed an assortment of items. Bryan Mbasa, the MTN Foundation Manager handed over these items to the Uganda Red Cross society in Bududa on Wednesday.

“It is a tragedy what happened to the people of Bukalasi sub-county. Our role as a foundation is to ensure that we contribute towards improvement of livelihoods of people. Some of the people affected by the landslides have lost almost everything. It is important that as a company that operates in Uganda, we get to assist in the relief efforts as a good corporate citizen. We do hope that what we have contributed adds to the already existing efforts being done by the URS and the government,” Mbasa said.

The MTN Uganda staff on realising what had happened in Bududa launched an internal campaign, #StandWithBududa where they collected an assortment of clothing and other non-food items towards the welfare of the affected persons. Some of the MTN staff also attended the handover of these items in Bududa. The mobilization of these items is in addition to what the MTN Foundation contributed to URS.

“It is only fair that the welfare of the affected people improves. At this stage there is a combination of grief and pain that they are going through. We call upon Ugandans who can contribute towards this cause to do so because the people of Bukalasi in Bududa need all the help available,” Mbasa further noted.

Approximately over 139 households were affected after their houses were washed away and others severely damaged after River Suume burst its banks. Sadly, 43 people lost their lives in this tragic incident.

The MTN Uganda Foundation is a non-profit entity that was inaugurated in July 2007 as a vehicle through which MTN Uganda implements its corporate social investments (CSI). The main objective of the foundation is to improve the quality of life in communities across the country by supporting and implementing sustainable projects in education, health, art and sciences, sports and other national priorities.

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Local Business

Over 100 women entrepreneurs expected to take part in Rising Woman Expo

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dfcu WiB Manager, Victoria Byenka at the Rising Woman training in Kampala.

dfcu WiB Manager, Victoria Byenka at the Rising Woman training in Kampala.

Over 100 women led businesses will be showcasing their products and services at the Rising Woman Expo in Kampala on Friday 16th and Saturday, 17th November 2018. The Expo is a culmination of the Rising Woman initiative that was launched in July 2018 by Monitor Publications Limited’s (MPL) flagship brand Daily Monitor in partnership with dfcu Bank’s Women in Business (WiB) Program and Uganda Investment Authority-UIA to recognize, celebrate and promote a culture of mentorship among women in business in Uganda.

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According to the Chairlady dfcu WiB Dr. Gudula Naiga Basaza, having over 100 women entrepreneurs in one place presents numerous learning and networking opportunities. “Access to information is one of the major challenges for women entrepreneurs. The Expo will provide invaluable resources for small-to-medium business owners, start-ups and entrepreneurs to share knowledge and move their business forward,” says Dr. Basaza.

Speaking at the press launch of the Expo, Tony Glencross, MD NMG in Uganda, reiterated NMGs commitment to supporting the growth of women. “It is our role as NMG to provide platforms for businesses to showcase what they do. The Expo provides an experiential way of doing the same and we are so proud of the Rising Women who continue to exhibit impeccable business skills in a tough market,” he said. “As part of the Expo there will be a series of business clinics on topics including; How to effectively sell/market products, embracing digital platforms to grow business and Juggling business and family.”

Since the launch of initiative in July this year over six hundred and fifty (650) women across the country women have been trained in matters of taxation, record keeping, investment licenses, importance of business registration and marketing. This brings to over thirty-five thousand (35,000) the total number of women who have benefited from the dfcu WiB capacity building sessions since inception of the programme in 2007.

As part of the Rising Woman initiative women entrepreneurs were also invited to submit business proposals for a chance to win cash prizes of up to UGX 30m. The top 3 winners will be recognised and rewarded with UGX 15m, UGX 10m and UGX5m at an Awards dinner to be held on the 16th of November on the sidelines of the Expo. The final 10 will go on an all-expense paid study trip to Nairobi.

“The knowledge and networks will be valuable to the women entrepreneurs. It is our hope that when they return, they too will share this knowledge and mentor other women in line with one of objectives of the Rising Woman,” Dr. Basaza added.

Ms. Vivienne Yeda Apopo, Director General of the East African Development Bank will formally open the Expo that will take place at Hotel Africana – People’s Space and also officiate at the Awards dinner on the 16th of November, 2018.

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Pizza Hut unveils special group offer

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Travis Purcell, Head of Operations Pizza Hut Africa speaking during the media lunch held on Thursday.

Travis Purcell, Head of Operations Pizza Hut Africa, speaking during a media luncheon held on Thursday.

By Our Reporter

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Pizza Hut Uganda unveiled a new promotion targeting groups as they hosted media to a luncheon at their Kisementi branch on Thursday. Dubbed “Wow Triples”, the new offer will include a trio of discounted pizzas making it suitable for any sharing occasion.

According to Travis Purcell, the new Wow Triple packs will make it easier and better for people to hang-out with their friends and family.

“We have discounted our pizza offerings to make it easier for people to enjoy them in groups, be it with friends or family.” He said. “This is a limited time offer, available on some our most popular flavours, and will run until the end of the year.”

Pizza Hut’s Wow Triple offer is available on seven flavors which include; Margherita, Pepperoni, BBQ Beef, BBQ Chicken, Tandoori Veg, Sweet Chili Chicken and Veggie Supreme

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dfcu CEO Juma Kisaame quitting the bank

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dfcu Bank CEO Juma Kisaame speaking at the dfcu Limited 53rd AGM.

Juma Kisaame speaking at the dfcu Limited 53rd AGM held in June this year.

After eleven illustrious years at the helm of leadership at the second largest Bank in Uganda, Chief Executive Officer, Mr. Juma Kisaame will be leaving dfcu in the first quarter of 2019 on retirement and will be succeeded by Mr. Mathias Katamba. Mr Katamba will take over the leadership role at dfcu Bank as CEO starting from January 2, 2019.

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Announcing the management changes dfcu Bank Board Chairman Jimmy D. Mugerwa said,”Juma Kisaame has had notable achievements some of which include playing a key role in assisting dfcu Limited, the holding company, realign the shareholding that brought on board strategic partners like Arise Investments BV that include Rabobank, Norfund (later NorFinance) and FMO. He also led the most successful acquisitions in the banking industry in Uganda when dfcu Bank acquired some assets and took over some liabilities of Global Trust (U) Ltd Bank (In liquidation) in 2014 and later in 2017 acquired some assets and assumed some liabilities of Crane Bank Limited (In Receivership).”

The Chairman went on to express his appreciation to Kisaame for his professional and personal commitment during his tenure as CEO and his extraordinary leadership that increased shareholders value; saw dfcu Bank rise to become the second largest bank in the country; resulting in three-fold balance sheet growth to over three trillion Uganda shillings, a customer base of close to one million and a network of 65 branches.

Mr. Mathias Katamba, who joins the Bank from Housing Finance Bank, has over fifteen (15) years’ experience in the Finance & Banking sector, twelve (12) of which have been at C-Suite level. With vast expertise in Strategic Management & Investor relations, Retail Banking and strong business acumen, Mathias holds an M.Sc. in Financial Management from the University of London, has also attended the John F. Kennedy School of Education at Harvard
University and the Advanced Leadership Program at the University of Pennsylvania.

“We look forward to his taking the helm at dfcu and believe he is well placed to continue the progress of the bank, building on the successes of his predecessor to the benefit of all stakeholders, contributing to the very important business sector in which dfcu operates and to the growth of the Uganda economy as a whole,” the Chairman concluded.

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