By Our Reporter
Orient Bank has partnered with Makerere University Business School (MUBS) to train and facilitate over thirty small scale business owners through the Orient Business Academy to grow their businesses to the next level.
Speaking at the launch of the academy in its 3rd year of running at MUBS, Orient Bank Limited’s Managing Director, Julius Kakeeto urged all small scale business owners to take part in financial literacy programmes to equip themselves with the relevant skills to enable them survive in the country’s competitive business environment and also position themselves for growth.
“A business needs a strong backbone in order to survive and this academy will definitely enhance what the participants already possess in form of talents and skills with the right direction from our carefully selected facilitators.” Kakeeto said.
The Orient Business Academy will run on an intensive 10 weeks training programme that climaxes into a graduation ceremony at which 5 top performers will be awarded with up to Shs20 million to finance their businesses as selected by a panel of judges comprised of the Academy’s facilitators and bank analysts.
Speaking at the same event, Makerere University Business School’s Principal, Prof. Waswa Balunywa (PhD) noted that programmes such as the Orient Business Academy hold the key to eradicating unemployment in the country and urged Orient Bank and other corporate institutions to open the trainings to other parts of the country for purposes of inclusion.
The academy focuses on training small scale business owners in the areas of; The Entrepreneurial Mindset, Bookkeeping, Competitive Market Analysis, Marketing, Human Resource Management, Operations Planning and Financial Planning.
Any small business that has been in operation for between 1 and 3 years (12 to 36 months) and has an annual turnover of less than UGX 120 million is eligible to participate in the Orient Business Academy which has over the past 2 years trained over 100 small scale business owners and rewarded 10 of them with financial support of up to shs120 million.
MTN Foundation refurbishes Neonatal Intensive Care Unit at Kawempe National Referral Hospital
By Our Reporter
The Ministry of Health has officially opened the newly refurbished and equipped Neonatal Intensive Care Unit (NICU) at the Kawempe National Referral Hospital in Kampala.
The NICU was fully refurbished and equipped with support from the MTN Uganda Foundation and the official partners of the MTN Kampala Marathon, with technical support from UNFPA.
MTN Uganda, working through UNFPA invested a total of UGX 363,915,250 into the Kawempe National Referral Hospital NICU. These funds are the proceeds of the MTN Kampala Marathon that is run with support from partners including Rwenzori, Huawei, New Vision and Stanbic Bank.
With the rapid population growth within the catchment area, Kawempe Hospital has had challenges including congestion in the NICU, as well as lack of up-to-date equipment. The Ministry of Health reached out to partners including UNFPA and MTN to support with the refurbishment and re-equipping the facility.
Speaking at the official opening of the NICU today, the Minister of Health, Hon. Dr. Jane Ruth Aceng said that the concerted government efforts notwithstanding, Uganda’s child mortality ratio of 336 per 100,000 live births is still high.
“The only way we can pay our partners back is to work hard and use the facility well to ensure that babies don’t die. Just saying thank you to them is not enough. What they want to see is no more pictures of baby posted on social media or the stories we keep on hearing about mothers and children dying in labor,” Aceng said.
Wim Vanhelleputte, the Chief Executive Officer, MTN Uganda said that the Telecom is concerned about the high maternal and child mortality rate in the country and is committed to supporting government to change the narrative.
With proceeds from MTN Kampala marathon that is run every year, for the last sixteen years, MTN has supported various causes ranging from providing safe water to water stressed areas in Uganda to providing sanitation facilities in schools, among many interventions.
In the last three years however, maternal and child health have headlined the MTN Kampala Marathon with all the proceeds going towards complementing the government of Uganda’s efforts towards maternal health.
According to Wim, a total of UGX 900,000,000 shillings was raised from the MTN Marathons of 2018 and 2019 combined. The MTN Foundation topped up with UGX 450,000,000 shillings to bring it to UGX 1,350,000,000 shillings that will be used to refurbish child and maternal health facilities across the country.
The other health centers that will benefit from the Marathon proceeds include; Muyembe Health Center IV in Bulambuli district, Pakwach HC IV in Pakwach district, Kalangala HC IV in Kalangala district, and Karugutu HC IV in Ntoroko district. Works in Muyembe HC IV in Bulambuli district have also been completed.
“Early this year, we renovated and equipped the maternity ward at Mpugwe Health Center III in Masaka district. Also, as we marked 20 years of existence in Uganda, we as MTN decided to give back to Uganda through refurbishing and equipping eight maternity wards across the country. I am pleased to note that our partners have also committed to support the government of Uganda in extending such services to the communities where they are needed most. ” Wim said.
“It gives me great joy to witness yet another memorable occasion when we see fruits of a great partnership between UNFPA, MTN Foundation and the Ministry of Health. UNFPA takes pride in engaging in this kind of partnerships that create shared opportunities, while leveraging each other’s added value to actualize interventions to achieve universal sexual and reproductive health and rights, reduce maternal death, and improve the lives of women and girls,” said Mr. Alain Sibenaler, the UNFPA Representative said.
Over 1800 Shell customers rewarded in new campaign
By Our Reporter
Over 1800 Shell customers have so far been rewarded with instant prizes in the ongoing “Good to See You Again” campaign.
The prizes include support items like hand sanitizers and facemasks as well as a relief package that includes airtime, fuel top-ups, vehicle service discounts and shopping vouchers.
“We know times are tough for everyone as many of us have been affected by the Coronavirus global pandemic. In an effort to ease customer’s pressure, we are giving out rewards for purchases made on fuel, servicing and shopping at Shell. All the customer needs to do is drive or ride to any participating Shell station and spend on fuel, service or shop and they will instantly win prizes” said Mark Mutungi, the Fuels Brand Manager at Vivo Energy Uganda.
“I encourage everyone to drive into a Shell station, purchase any of our products and get complimentary rewards. The more you spend with us at any of our Shell stations, the higher your chances of walking away with a variety of gifts.” He added.
The Good To See You Again Campaign is targeted at all motorists including private motorists, taxi drivers, boda riders and truck drivers that use Shell products or shop services.
The campaign commenced on 27th July 2020 and will run until 15th September 2020, at 111 participating Shell service stations countrywide.
CiplaQCIL highlights achievements for 2019/2020 financial year at AGM
By Our Reporter
During Cipla Quality Chemical Industries Limited’s (CiplaQCIL) second annual general meeting (AGM) on Thursday, the company announced its achievements during the 2019/2020 financial year such as the considerable expansion of the regulatory footprint (most notably the approval from the South Africa Health Products Regulatory Authority (SAHPRA)), the first ARV exports to South Africa, the opening of the expanded state-of-the-art Quality laboratory and significant growth in donor-funded malaria sales.
The company has also undertaken an ambitious innovation programme to enable additional products to be manufactured at its facility, including the new first-line antiretroviral (ARV) treatment for HIV commonly referred to as TLD, which combines tenofovir (TDF), lamivudine (3TC) and dolutegravir (DTG).
CiplaQCIL set out a target to be registered in 22 countries in Africa this year. The scorecard to date is that 16 countries have granted approvals, 15 are in progress, and 3 new country applications will be made this financial year. The company is confident that this target will be surpassed.
CiplaQCIL continues to engage extensively and constructively with the Government of Zambia regarding payment of the over dues this financial year. In Quarter one, $1.2 million was received. This engagement involves forfeiting the over dues through an international bank to secure guaranteed payment.
CEO of CiplaQCIL, Nevin Bradford, said: “The company is relentlessly focussed on driving shareholder value through increased revenues and profitability. Even though it was business unusual during the COVID-19 pandemic, CiplaQCIL was fortunate to operate without interruption and even managed to improve attendance and productivity levels during this period. The new financial year 2020/2021 has presented opportunities in increasing the customer base with orders from Botswana for 2.3 million doses of ARVs for adults living with HIV.”
CiplaQCIL is widening its customer base both geographically and customer wise with the entrance into the private market and very significant new direct-to-government sales.
As part of CiplaQCIL’s expansion strategy, the company has acquired Quality Chemical Ltd.’s distribution arm of the Cipla India manufactured range of prescription medicines in Uganda.
The acquisition takes the form of a transfer of assets of Quality Chemicals Limited, specifically the sales team overseeing the human healthcare portfolio, and is expected to boost the company’s sales growth by expanding its product range while unlocking new business opportunities in the retail distribution market. The transaction will close in the second Quarter. It will market both the medicines manufactured by CiplaQCIL and those manufactured by Cipla India: these have significant market shares of key therapeutic areas such as anti-infectives, antifungals, respiratory care and gastroenterology.
CiplaQCIL will commence the manufacture of certain over-the-counter products and medicines in the cardiovascular and metabolic therapeutic categories to bolster the portfolio available to the retail sector.
Executive Chairman of CiplaQCIL, Emmanuel Katongole, said: “The 2019/2020 financial year was a challenging year especially given the Zambia issues and most recently the COVID-19 pandemic. The Company is intent on returning to significant revenue growth in 20/21 as well as, of course, a return to profitability. We can be proud though despite numerous challenges, CiplaQCIL continues to deliver on its ethos of ‘Caring for Life’ by producing quality, affordable medicines to ensure that people have access to life-saving medication.”
Roke Telkom to give customers free internet during Blankets and Wine weekend
By Our Reporter
Partying in Uganda is continually evolving amid the current pandemic. Whereas Ugandans might still have limited access to events and partying hotspots around the country, clubs and concerts, this has not stopped them from finding a creative way to get a feel of the experience, taking the fun to their homes and still have a good time.
As revelers are in high spirits for the upcoming Blankets and Wine virtual edition powered by Roke Telkom slated for 30th August 2020, which will be graced by Nigerian artiste Joe boy, who will have party-loving Ugandans merry make to his hit songs such as ‘Beginning’, ‘Call’, ‘All for you’, ‘No love’ among others.
The House of Deejay’s new experience will be brought to life through partners like Roke Telkom whose internet will be used to stream the event live.
The internet provider revealed that it will be sponsoring the 2020 Blankets & Wine virtual edition. “We are excited to take part in this year’s Blankets and Wine edition, given that it is going to be the first of its kind virtual edition form outdoor setting that people were used to,” noted Michelle Baine, Brand Manager, Roke Telkom.
“As an ISP, Roke Telkom is keen on offering our customers and Ugandans the best internet experience as they enjoy this year’s Blankets and Wine edition,” remarked Baine, adding that, “With our Roke Plus home internet package, event guests that have subscribed for the service are guaranteed of an uninterrupted internet connection that is free all-weekend from Friday 7.00pm to Monday 7.00am.”
Besides Joe Boy’s performance, merrymakers will also get a chance to enjoy the music playlists prepared by the finest DJs in Kampala and local star artists including Vinka, Kenneth Mugabi among others.
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