Capital Markets Authority Set To Have A Public Exhibition


The CMA an autonomous body that was established in 1996, following the enactment of the Capital Markets Authority Act Cap 84 is set to have Capital Markets Public Exhibition which will be marked with a financial literacy clinic from Wednesday 6th to Friday 8th June at the Constitutional Square in Kampala.

The event has been organised by the Capital Markets Authority (CMA) with an aim of improving knowledge and experience around the capital markets in Uganda.

The exhibition will offer public education on investment opportunities in capital markets as well as foster discussions amongst the industry players, collaborators and government bodies responsible for investments and financial markets, led by the Ministry of Finance, Planning and Economic Development.

Licensed players in the sector will be able to share useful information first hand as well as open trading accounts for any one interested in signing up.

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Easing The Purchase of 3rd Party Insurance with Afrisafe


With the advancement in technology, software engineers have come up with different apps to suit the end user but they haven’t cared so much about insurance.

 

That’s why big players like Afrisafe Risk Consultants have taken a better step and partnered with The Jubilee insurance Company of Uganda.

In a press conference held at Serena Kampala Hotel, they launched a campaign dubbed 3rd Party Ku Simu.

The Service which is for vehicle, bike and boda boda owners has been simplified and can be purchased at the comfort of of one’s fingers and one can do so by dialing 21022# with their mobile phone. The insurance sticker is then delivered to them anywhere in the greater Kampala.

3rd-Party-Ku-Simu-Sean-Oseku.jpg

Therefore with the introduction of the USSD, the service is meant to lessen the burden of motorists buying 3rd Party policies by driving distances to get it and this is convenient for motorists who are purchasing this specific type of insurance.

Bearing in mind that 3rd Party insurance is mandatory by law and as Afrisafe, they felt it important to make the process cheaper for the average Ugandan motorist. Once a motorist inputs their details (Registration Number and Expiry date) as required by the policy their data will instantly be captured then saved for future usage.

“The Afrisafe Automated system will automatically give the motorist a reminder when their 3rd Party Insurance is due next and will always receive reminders wen the insurance is about to expire” remarked Mr. Kwame Ejalu, Chairman Afrisafe

So it should’nt come as a surprise that Afrisafe has partnered with Jubilee Insurance and Mobile Money Platforms to simplify the process for motorists.

Rukundo Charlie Paul Emerges Winner at the 2018 Netherlands Business Golf Cup.


The fourth edition of the Annual Netherlands Golf Tournament took place over the weekend with golfer Rukundo Paul emerging overall winner in the men’s category with 42 points and Asiimwe Evelyn won the ladies’ category with 89 points. Rukundo beat seasoned golfers to win a return air ticket to Netherlands.

Winners with the tournament sponsors

 

Sponsored by dfcu Bank in partnership with the Dutch Embassy, KLM airlines, VIVO energy, Sadolin Paints and Shares (U) Ltd, the annual Netherlands Business Golf Cup is an event that brings together members of Uganda’s business community in both the public and private sector to provide a networking opportunity with Dutch affiliated businesses.

Last year, over 200 participants teed off at the 2017 Netherlands Business Golf which took place at the Kitante Golf Club. Golfers networked with guests from various business backgrounds as they played on one of Uganda’s toughest golf courses.

Later in the evening, businessmen and women were treated to a dinner and awards ceremony at the Uganda Golf Club, to recognize the outstanding players of the tournament. Speaking at the awards ceremony, dfcu Bank’s Chief Change & Innovations Officer, Paul van Apeldoorn said the tournament provided a platform for various members of the Ugandan business sector to network, share best business practices and in turn grow their individual business pursuits.

dfcu Bank_s Chief Change & Innovations Officer, Paul van Apeldoorn handing over a gift to Katy Kabenge

There was excitement as the day’s champion was awarded for an outstanding performance on the greens that enabled them win the 2017 Netherlands Business Golf Cup. Both players received fuel vouchers of 500,000 shillings from Vivo Energy and air tickets to Amsterdam from KLM.

By mushroominc Posted in Sports

Airtel Uganda Ramadan CSR Campaign Goes To Old Kampala


Old Kampala is the latest community to benefit from Airtel Uganda’s extensive Corporate Social Responsibility campaign of giving to its subscribers throughout the Holy Month of Ramadan.

The campaign that is aimed at shedding light on the true Ramadan spirit and celebrating this special time of the year with the local communities saw Airtel Uganda officials camp at Gadaffi mosque in Old Kampala and handover foodstuffs to assist community members in preparing their Iftar meals.

Commenting during the handover, Airtel Uganda PRO Ms. Faith Bugonzi said Airtel Uganda is proud to support its subscribers during this Holy Month.

“Old Kampala is the third community in Kampala that we are visiting to distribute foodstuffs. Over the past two weeks, we have visited Wandegeya and Kibuli communities and have also handed the residents foodstuffs for Ramadan.

We intend to continue this initiative until the month ends,” she commented.

Speaking during the handover, Haji Nsereko Mutumba, the spokesperson of the Uganda Muslim Supreme Council thanked Airtel Uganda for the noble gesture.

“During the Holy Month of Ramadan, Muslims are encouraged to share with one another and help the less advantaged community members.

I am glad to see companies like Airtel Uganda embracing such values of giving back to their customers and to the muslim community at large,” he commented.

Enjoy Summer With My Emirates Pass


‘My Emirates Pass’ turns the Emirates boarding pass into an exclusive membership card, giving travellers exclusive offers and discounts within the UAE.

Emirates customers flying to or through Dubai between 1 June and 31 August 2018 can take advantage of a range of offers at some of Dubai’s best known hotspots by simply showing their boarding pass* and a valid form of identification.

My Emirates Pass gives customers exclusive offers at over 250 locations including world class restaurants. Special privileges are also available on a range of leisure activities including visits to thrilling theme parks or luxury spas across the city. For the first time, retail outlets have also been added to the mix giving special discounts at select fashion and fitness brands.

To see all My Emirates Pass offers, please click here.
“My Emirates Pass is the best way to explore Emirates’ hub Dubai and the rest of the United Arab Emirates. Dubai is one of the world’s most vibrant cities, with a diverse array of experiences to suit every taste. The city has a growing list of new attractions and world-class facilities, giving visitors something new to explore whether it’s their first time or a return trip,” says Mohammad Al Hashimi, Vice President, Commercial Products Dubai, Emirates airline.
The family-friendly destination offers year-round sunshine, world-class shopping and restaurants, stunning beaches and iconic buildings. Visitors to Dubai can use My Emirates Pass to enjoy world-class attractions including Dubai Parks and Resorts which features three theme parks: Bollywood Parks™ Dubai, MOTIONGATE™ Dubai, as well as the region’s first LEGOLAND® Park and LEGOLAND® Water Park.

Emirates’ hub in Dubai provides direct connections to over 150 cities across its six-continent network including upcoming destinations to be launched this summer – Santiago, Chile and London Stansted. The airline offers excellent onboard service from an international cabin crew who come from 135 nationalities and speak over 60 languages.

Emirates provides quality products and value for money with lie-flat beds in Business Class, the largest in-seat screens in the world in Economy class at 13.3 inches and up to 3,500 channels of on-demand entertainment on ice, its award-winning inflight entertainment system.

Those travelling with children can take advantage of Emirates’ extensive family offering from priority boarding at all airports to special kid’s meals, dedicated children’s entertainment on iceand exclusive toys and Lonely Planet Kids activity bags on board. Emirates Skywards, the airline’s award-winning loyalty programme, has also recently introduced an enriched offering called ‘My Family’ which allows family members to pool up to 100% of Skywards Miles earned on Emirates flights, and redeem rewards faster than before.

Dfcu Bank Customers To Access Insurance


dfcu Bank customers can now access medical insurance, life insurance, funeral and related expenses insurance and so much more by simply having specific accounts with the Bank.

This was revealed this morning at a Bancassurance dialogue organized by dfcu under the theme, “Securing a sustainable legacy.”

With the penetration of insurance still very low at 1%, the insurance sector and its affiliated regulatory bodies are developing new channels to increase uptake and influence attitudes about insurance.

Panelists Sharing Insights

Bancassurance – the selling of life assurance and other insurance products and services by financial institutions is expected to support this growth agenda.

Speaking at the event, dfcu Bank’s Chief Commercial Officer and Executive Director; William Sekabembe revealed that dfcu Bank, has taken a slightly different approach to Bancassurance.

“Bearing in mind the needs of our customers and the current socio-economic times, we have designed and embedded insurance within some of our existing products to make it easier for customers to appreciate and get the best out of insurance,” he said.

“We believe that dfcu Insurance presents customers with a better way to secure a legacy whether it is about getting cover for their assets, education for the children, life after employment and so much more. So we have created several insurances products- for our customers with individual accounts and for those with group portfolios such as our Investment Clubs,” he added.

Martha Aheebwa

According to Martha Aheebwa, the dfcu Bank Principal Officer – Bancassurance, some of the insurance products include; Investment Clubs cover, Salary protection cover, Hospital cover for Dembe accounts and so much more. Other off-the-shelf insurance products available at the 66 dfcu branches countrywide include motor insurance, fire and burglary, domestic insurance cover to medical insurance, life insurance and property insurance.

“We believe that dfcu Insurance presents customers with a better way to secure their legacy whether it is about getting cover for their assets, education for the children, hospital cover, or life after employment. Over the coming months we will engage more with our customers to assess their requirements as a basis for enriching our product offering to meet their needs and provide more value,” she added.

Uganda Welcomes New Spirit Brands


Davide Campari-Milano S.p.A., trading as Campari Group, a major player in the global spirits industry is officially in Uganda with a selection of their leading brands like Campari, Sky Vodka, American Honey Liqueur and Bulldog London Dry Gin.

How the Campari looks like

The entry into the Ugandan market aims at enhancing Campari Group’s premium spirits distribution business and will reach out to new consumers of diverse adult age groups in East Africa’s most vibrant centre of entertainment and leisure.

Campari will make use of an innovative and highly efficient national distribution system into the trade, with an extensive countrywide network of 112,000 outlets across the country.

Some of the revellers at the Campari launch

From the invention of their iconic red Campari drink in 1860 (158 years ago) to what has become a major player in the spirits industry, Campari group, the sixth-largest player worldwide, now operates in 190 markets with leading positions in Europe and the Americas and currently carries more than 50 premium and super premium brands spreading across Global, Regional and Local priorities.

Airtel Uganda Continues It’s Ramadan CSR Campaign


Airtel Uganda donated to residents of Kibuli community in continuation of it’s extensive Corporate Social Responsibility campaign of giving to its subscribers throughout the Holy Month of Ramadan.

The campaign that is aimed at shedding light on the true Ramadan spirit and celebrating this special time of the year with the local communities saw the telecom visit Wandegeya community last week, handing them foodstuffs to assist in preparing their Iftar meals.

Commenting during the handover, Airtel Uganda PRO Ms. Faith Bugonzi said Airtel Uganda is proud to support its subscribers during this Holy Month.

“Through this Holy month, we will be sharing the joys of Ramadan by distributing food stuffs every week to the underprivileged in over 24 mosques across the country,” she stated, adding “Ramadan presents a special time for our organization to communicate and interact with the community through our charitable programs.

Every year at Airtel we prove that we are a company that pioneers in the social involvement, where we play a big role to give back to the community.”

“Today, Airtel teams spread out to Mbarara, Fortportal, Gulu, Lira, Kamuli, Mbale, Masaka and Mpigi communities reaching out to as many people as possible and handing out items to help them in unfasting,” Bugonzi added.

Speaking during the handover, the Kibuli mosque imam Shiek Mutyaba thanked Airtel Uganda for the noble gesture and appealed to the company to continue reaching out to the residents in the Kibuli community and beyond.

AS part of the Ramadan CSR campaign, the company chose highly populated areas in a bid to to reach out and show support to as many Ugandans as possible. Some of the districts earmarked for Ramadan donations include Kampala, Masaka, Mbale, Mbarara, Lira, Kamuli, Fortportal, Gulu, Iganga, Hoima, Jinja, Arua, Tororo, Kabale and many others.

What You Need To Know About the Infinix Hot 6 Pro


Like any other Phone company the Infinix brand has over the years stood out in this stiff competition.

So the Ugandan market is once again welcoming a new flagship from Infinix and the phone is called “Infinix Hot 6 Pro”

The Infinix Hot 6 Pro is the successor to last year’s Infinix Hot 5 and Hot 5 Lite, announced in August 2017. Unlike the Hot 5 series which lacked a pro version, Infinix has included a Pro version in the Hot 6 series.

If you are a buyer here a few things to look out for on this modernized version of the Infinix Hot 6 Pro:

Infinix Hot 6_3

infinix hot 6 pro in it’s different colors 

  • The Hot 6 Pro comes with a whole range of new features and is designed with a dual camera setting on the rear, an 18:9 Infinity display and also comes at the best price you can ever find.

 

  • The Hot 6 Pro comes with the 13MP +2MP dual rear camera plus a 5MP selfie camera, a 6 Inch bezel-less display and houses a Snapdragon 425 chip and a massive 4000mAh battery capacity.

 

  • The Hot 6 has a Plastic unibody plus a rear fingerprint scanner for quick access to the phone. It is 7.8mm thick and weighs 145g, slim and light enough to be carried around without any inconvenience.

 

  • It also comes with a 6.0” HD+ Infinity display for a clear viewing experience, a 4000mAh Li-Ion battery that comes with fast charging technology (Quick Charge 2.0) taking less than 1 hours to charge it from 0% to 100% and a standby time of 2 days.

 

  • The Hot 6 Pro comes with the Snapdragon 425 chip from Qualcomm with Quad-core processor and 64-bit CPU architecture. The 4-cores of processor here reaches a standard speed of 1.4GHz with 28nm process technology for a smooth ride.

 

  • Talking if memory, Its memory is 2GB RAM + 16GB ROM (Expandable up to 32GB) and runs on the latest Android 8.1 Oreo Operating system.

 

  • The Hot 6 Pro has a 13MP rear shooter with a 2MP companion to help in autofocus and portrait modes. Surprisingly, they will both perform like a typical 13MP shooter with f/2.0 aperture and a 5MP for selfies.

Infinix Hot 6_1

The Hot 6 Pro supports faster 4G LTE networks and is now available in Sandstone Black, Magic Gold and Bordeaux Red for only UGX539,000/= at any Infinix Branded store near you.

Dfcu Bank launches it’s Quick App


dfcu Bank customers can now enjoy faster, safer and simpler banking with the revamped e-Banking platform called dfcu Quick Banking.

The announcement was made this morning at a press event where the Bank’s Head of Consumer Banking Denis Kibukamusoke reiterated the Bank’s commitment to improving customer experience across all touch points.

“We have enhanced our e-Banking platform to provide a great User Experience and ensure an enriched Customer experience for our Retail and Corporate Customers. dfcu QuickBanking is Omni-Channel providing multiple ways for customers to transact through USSD for feature phone users, Online and App for Smart phone users.

But more importantly, our new platform is about delivering a seamless and consistent e-Banking experience that focuses less on transactions and more on the customer experience,” says Denis Kibukamusoke.

dfcu Quick Banking will enable customers track and manage their account activity; carry out multiple transactions and stay in total control of their bank accounts wherever, whenever across a range of devices including mobile phones, tablets and computers without needing to visit the bank. Customers can access QuickBanking through USSD (*240#), online via https://internet.dfcugroup.com and the dfcu QuickApp which can be downloaded free on both the Google Play and App Store.

Kibukamusoke adds: “As technology continuously changes the way we live, banking is also changing. Our customers are more concerned about how they use their time and therefore how banking can be more convenient, faster, safer and simpler. dfcu QuickBanking will deliver exactly that.”