Michael Mugabi (R), the Managing Director of Housing Finance Bank receiving the award Housing Finance Bank has been named the most innovative bancassurance agent for the year 2020 at the inaugural Annual Insurance innovation awards held at Serena Hotel Kampala on December 18, 2020. Receiving the accolade, Michael Mugabi, the
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By Harriette Kasirye Football is a truly global game, played across territories, regions and in practically every street and spare piece of open ground or field across the world. It is a game that excites, thrills, unites and frequently infuriates, but never ceases to engage. It’s no wonder it is
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Equity Uganda, a wholly owned subsidiary of Equity Group Holdings has today unveiled a new identity in line with Equity Group Holdings’ ongoing transformation journey. The new identity is aimed at creating a sustainable growth path and service delivery in today’s dynamic financial services environment. Going forward, Equity Uganda will
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Cairo Bank Uganda has appointed Christine Birungi (pictured above) as the New Head of Marketing, Communications & PR. Birungi has been the Marketing, Communications & PR Manager at Finance Trust Bank where she has led the bank’s Communication and Marketing initiatives to drive growth and as well as maintain value-creating
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Visa, the world’s leader in digital payments, has announced an extension of their Sasuza Visa consumer education campaign that aims to eliminate the practice of surcharging, where merchants levy extra charges on payments made using debit or credit cards at a Point of Sale (POS). The campaign that aims at
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Four years since Bancassurance was first introduced in Uganda as part of the amendments to the Financials Institutions Act 2014, experts say the concept is gaining ground and is expected to greatly impact Insurance penetration. Bancassurance is the selling and distribution of insurance products through banks. Commercial Banks are adopting
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United Bank for Africa, Uganda Limited (UBA), has announced the appointment of Mrs Chioma Mang (in photo) as Managing Director/Chief Executive Officer. Prior to her appointment, Chioma Mang was the Managing Director/CEO of UBA Gabon. She is a graduate of Law (LLB) from the University of Reading, England and holds
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By Vimal Kumar The COVID-19 pandemic has affected every sector of society across the globe, with everyone impacted from an economic, health and social perspective. While the majority of people have focused on stability and job security during this period, affluent and high-net-worth individuals (HNWI) saw erosion to their personal
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Bank of Uganda encouraged commercials banks to restructure loans whose repayment by customers had been affected by the pandemic. This was aimed at minimizing the adverse effects of COVID-19 on the economy. As a result, cumulative loans that have been granted credit relief between April 2020 and end September 2020
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Julius Kateera, Head Financial Markets at dfcu Bank The outbreak of the Covid-19 pandemic has impacted billions of lives around the world. Governments, individuals, businesses, and civil society organizations are battling to save lives, support families, and keep businesses, and organisations afloat. During these unprecedented times, the role of NGOs
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