Battle for Cash” Top 20 Investment Clubs for Nairobi Study tour.


The Top 20 Investment Clubs in the recently concluded dfcu ‘Battle for Cash’ Investment Clubs Competition flew out late last week for a study tour in Nairobi. The flag off was presided over by Mr. William Sekabembe, dfcu Chief of Business and Executive Director.

The three-day study tour will cover areas like investment club formation, set up and management; Designing and Executing a Successful Investment Strategy; Compliance with laws and regulations; Funding your investment project and practical tips from the top four investment clubs in Kenya.

Between June and August 2017, dfcu Bank had teams going round the country carrying out regional saving and financial literacy workshops. Some of the topics covered included; Why and how to save; where to invest money so it can grow, things to think about when thinking of investing and so much more. This was aimed at changing the perceptions and attitudes about money, savings and investments.

dfcu Bank received applications from close to 200 Investment clubs across the country. The applications were independently vetted by PwC who were able to zero down to 20 clubs that entered the TV competition.

As part of the application process, clubs were tasked to develop a Business plan for an innovative investment project. So at the start of the show all shortlisted 20 clubs had to defend the business plan they wrote to a panel of judges to make it to the next show. The clubs were trained in different aspects and assigned weekly tasks to demonstrate their ability to put into practice what they had been taught.

Geneber Outspan Organic Farmers who were the overall winners in the competition walked away with UGX 25 million and coming in second, The Peak Investment Club won UGX 15 Million. The third winner Sikyomu Development Organisation got UGX 10 Million while the fourth and fifth clubs both got UGX 5 Million each.

In recognition of the role of women and youth in development there was a special category for women and youth. The best youth club price was scooped by Plus Save Group and Soroti Women Cooperative Union were awarded in the best women club category. Both clubs walked away with UGX 7.5 Million each.

dfcu Bank introduced the Investment Clubs program in 2007 providing a conducive platform to foster group savings. The dfcu Bank program has since grown with over 10,000 Investment Clubs that cut across all segments including students, the professionals, women and youth holding a savings turnover in hundreds of billions of shillings.

“It is not enough to simply save money if it is not growing so the Investment Club challenge was also about challenging the investments clubs and the public to think through how to grow & multiply their savings,” Sekabembe said.

An amount totaling to UGX 100 million in prize money was set aside for the Investment Club challenge including regional draws carried out in different parts of the country.

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Chicken And Chips Is Back For The Second Season


The universal appeal of puppetry enables people to be instantly engaged in both the process and product.

Younger children enjoy the excitement of being involved in puppet shows of any kind, while the old people are equally attracted to the more sophisticated use of certain types of puppetry, sometimes linked to particular styles of theatrical performance or even a television show.

That’s why Chicken and Chips Is making a comeback on your television screens for a second season

It will have 16 episodes for 30 minutes every Sunday and the repeated every Friday at 01:30Pm

Initially it aired between October 2016 to January 2017 on NTV and we are proud to announce that your favourite show is resuming in February 2018 only on NTV.

First forward Chicken and chips is a novelty pop culture magazine that focuses on relationships and combines music, journalism, puppetry, animation and reality TV to create the freshest blend of edutainment for young people in Uganda. Programming is research-driven and dynamic, fine-tuned based on audience feedback.

Show segments will include:

Katwe Corner: Recordings of unscripted and uncensored live discussions among peers are brought to life with puppets!

Popcorn Video: Trivia, humor and useful factoids ‘pop up’ in your favorite Ugandan hit videos

Talk on the Town: People in the streets answer personal questions and reveal their love life secrets
Social Experiment: Using hidden cameras, we observe and comment on how ordinary people behave when they are confronted with dilemmas that require them to reveal their attitudes and make difficult choices.

Kiki Love: The female puppet host (who in this season has a NAME and a fun PERSONALITY!) engages the audience and introduces different segments. The character has been created by Muppet Show veteran puppeteers in New York and is voiced by celebrity comedian (Fun Factory) and radio presenter, Tindi.

Adungu Life: A Ugandan 5 piece band who play home-made electrified traditional instruments (adungu harp and thump piano), scored the theme song for Season 2, “Looking for Love” and perform it in every episode. Rap vocals by MC Yallah, UG Hip-Hop Awards Winner.

Have you been looking for something to put a smile on your face after a heavy week well look no further because this will make you crack your ribs for the next three months

Health Worker Wins Brand New Car in Mega Masappe Promo.


Ayiba Daniel was handed keys to a brand new Toyota Premio in the 7th draw of the Airtel Mega Masappe promotion.
“God is good. Who knew I would ever win a car in this promotion!” the 25-year old Tororo resident exclaimed, while receiving the keys from outgoing Airtel Uganda Managing Director Mr. Anwar Soussa, and amidst cheers from fellow winners – Damulira Herbert, Justin Sisubula, Maureen Nabisinde, Obbo David and Nakatude Shamim – who all rode away on brand new motor bikes.

Airtel Uganda Managing Director, Anwar Soussa, handing over the car keys to Ayiba Daniel, the 6th car winner of the Airtel Mega Masappe promotion.
Emmanuel Tumwesigye, a resident of Mityana, took home UGX 1,000,000 shillings cash.
Soussa congratulated the winners and commented about the importance of this campaign to Airtel Uganda and to the subscribers.
“As we informed you when we started this campaign, our aim was not only to reward our subscribers for their loyalty and dedication to our products and services, but also to change their lives for the better. I can attest today that Daniel’s life and occupation will not be the same – with a car, he can now be able to get to his patients in time and will not be limited by issues such as bad weather,” he stated.
Soussa encouraged all the subscribers who had not yet had an opportunity to win yet not to give up.

“…………We still have many cars, motor bikes and money for you to win,” he concluded.
As part of ‘Mega Masappe’, subscribers are required to opt into the promo by dialing *162# and selecting option 1 to opt in, option 2 to check target and option 3 to redeem their data bonus – which will be broken down into Voice, SMS and Data at 50%, 10% and 40% respectively. This bonus however does not apply to social packs, quarterly, annual and free bundles.

 

Airtel Uganda Managing Director, Anwar Soussa, pose with the lucky winners of the Mega Masappe promotion.
Mega Masappe promotion subscriber bonus will be given instantly on the achievement of the daily target. For example, if a subscriber’s bonus target is Ushs. 1,000 and they recharge with that Ushs. 1,000, they will receive 100% bonus of the same value under the Voice, SMS & Data split. However, if they recharge with another Ushs. 1,000 on the same day, they will not get a 2nd bonus.
Daily and weekly prizes will be given away every Friday for the duration of the promo.

 

dfcu Bank increases support to St. John’s Ambulance Uganda’s emergency medical services.


 

As part of its Responsibility & Sustainability program, dfcu Bank Uganda has today renewed its support of emergency medical services- announcing an increment in its financial contribution to St. John’s ambulance Uganda. The announcement was made during a press briefing at the St. John’s ambulance services offices on Buganda Road.

Addressing journalists at the event, dfcu Bank’s Head of Brand Marketing Communication, Jude Kansiime said the renewed commitment was the Bank’s way of increasing its support to what is a dire situation.

dfcu Bank_s Head of Brand Marketing Communication, Jude Kansiime (C) hands over fuel cards to Christine Kasirye, the National Executive Secretary, St. John_s Ambulance during the eve

dfcu Bank has been supporting the services offered by St. John’s Ambulance for the last 5 years. This support has been in the form of monthly fuel, which is a key need if an organization wishes to provide timely emergency medical services. Today, dfcu Bank is glad and honored to announce that we will both continue with and increase our contribution to this crucial service.”

 

“As part of the emergency support pillar under our Sustainability strategy,  I am pleased to announce that dfcu Bank will double our monthly contribution to St. John’s Ambulance Uganda- which will allow them to operate a second ambulance and in turn provide urgently needed emergency medical services to those in need,” Kansiime added.

 

“Lack of sufficient emergency services is one of the leading causes of death in Uganda. Less than 10% of patients are transferred to hospitals and clinics by ambulances, which results in tragedies that could have been prevented. This is why our commitment to St. John’s Ambulance is important to us as an institution- we see it as a way to give back and improve the quality of life in the communities in which we operate,” he continued.

Christine Kasirye, the National Executive Secretary, St. John’s Ambulance commended dfcu Bank for their continued and unwavering reinforcement to its operations.

“Over the last 5 years, dfcu Bank has proved itself a dedicated and stable partner to the work that we do. One of the key elements needed for the successful provision of emergency medical services is timely arrival to the scene of the emergency and thereafter to a hospital or clinic. The monthly fuel contributions from dfcu Bank have helped us save countless lives,” Ms. Kasirye said.

dfcu Bank_s Head of Brand Marketing Communication, Jude Kansiime (L) hands over a dummy cheque to Christine Kasirye, the National Executive Secretary, St. John_s Ambulance after maki

“By providing fuel for a second ambulance, dfcu Bank is giving us the ability and means to reach more patients, provide urgent medical aid and as a result, save more lives. On behalf of St. John’s Ambulance, I extend our gratitude to the management of dfcu Bank for their pro-active support of emergency medical services,” Ms. Kasirye concluded.

 

With the increased funding, dfcu Bank’s contribution to St. John’s Ambulance will add up to UGX 24,000,000/- per year.

dfcu Bank to support renovation of Pece stadium for 2017 edition of East African Secondary School Games


 

 

dfcu Bank handed over 1,000 bags of cement valued at over UGX 30 million that will go towards the rehabilitation of Pece War Memorial Stadium in preparation for the 2017 edition of the East African Secondary School Games. The handover, which was made to representatives of Gulu District took place at Pece War Memorial Stadium.

Over 1,000 schools are expected to take part in the 16th edition of the East African Secondary School Games and will be hosted by St Joseph College, Layibi and Sacred Heart Girls School. The students are expected to take part in a variety of indoor and outdoor games including football, rugby, netball, basketball, volleyball, handball, hockey, chess, swimming and badminton.

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Speaking at the handover ceremony, the dfcu Bank Northern Regional Manager Christopher Kinyera said the contribution to the renovation of the stadium was a display of the Bank’s commitment to the development of the communities in which it operates.

 

dfcu Bank holds the growth of our communities in high regard- we believe that we have a responsibility to help our society make socio-economic advancements that in turn, benefit us all,” Kinyera said.

 

“This contribution is going to help with the renovation of Pece Stadium where these regional games will take place, and we are honored to be part of this because we understand the power of sports in Uganda.

We are aware that the people of Gulu are passionate about sports- partnered with their great hospitality, we are confident that this is the perfect venue for an activity of this magnitude. We are excited to be a part of this,” he concluded. The games are scheduled for August this year

Emirates Extends its Dubai Special Fare and Free Visa Offer


 

 

Offer also includes free 3rd piece of luggage and My Emirates Pass

 

Emirates has extended its offer to Ugandan travellers to visit Dubai with a special Economy and Business Class return airfare that includes a free Visa, a free third piece of luggage of up to 23 kg and a “My Emirates Pass”.

 

Under the special offer, an Economy Class ticket from Entebbe to Dubai costs USD406 and Business Class USD1499. The fare offer is subject to availability, specific terms and conditions and for a limited time only. Tickets must be booked between 11 July and 24 July 2017, while travel must take place between 11 July and 30 November 2017. The cost of the ticket includes airport taxes.

 

Voted by travellers as the Best Airline in the World in the 2017 TripAdvisor Travelers’ Choice® Awards, Emirates is also offering a free 30-day visa for the United Arab Emirates (subject to approval by immigration authorities), a 3rd piece of luggage of up to 23kg for Economy Class and up to 32kg for Business Class, as well as a My Emirates Pass, which is can be used for exclusive offers and discounts across Dubai.

Emirates

The My Emirates Pass, which is valid for use until 31 August 2017, gives customers special discounts at over 120 world class restaurants and hotel dining outlets in Dubai. Exclusive offers are also available on a range of leisure activities including visits to championship golf courses, thrilling theme parks or luxury spas across the city. To see all My Emirates Pass offers, visit www.emirates.com/english/offers/4221290/my-emirates-pass.

 

With year-round sunshine, world-class shopping and restaurants, stunning beaches and iconic buildings, Dubai offers something for the whole family. Visitors to Dubai can use My Emirates Pass to enjoy some of the city’s newest attractions including must-see places like Dubai Parks and Resorts featuring three theme parks: Bollywood Parks™ Dubai, MOTIONGATE™ Dubai, as well as the region’s first LEGOLAND® Park and LEGOLAND® Water Park.

 

The city also offers a wide range of accommodation to suit all budgets.

 

On all Emirates’ flights, customers can look forward to hours of entertainment on the airline’s ice system, which offers over 2500 channels of on demand audio and visual entertainment, from the latest movies, music, audio books and games, as well as family friendly products and services for children, including complimentary toys, kids’ meals and movies, priority boarding for families and the use of free strollers at Dubai International Airport.

 

In addition to the on-board comforts and products, customers will experience the world famous hospitality from Emirates’ multinational cabin crew while enjoying chef prepared regional and international cuisine, using the freshest ingredients, accompanied by a wide range of complimentary wines and beverages.

 

Emirates flies once a day from Entebbe International Airport to Dubai. To book, or for more information on fares, terms and conditions, please visit www.emirates.com/ug or visit the local Emirates office or your travel agent.

 

 

 

 

Jinja enjoys Kampala Restaurant Week as they Savor with Tusker Lite


 

Jinja Sailing Club was the centre of focus as key media personnel and food lovers traveled to Jinja to check out its participation in the ongoing 3rd edition of the Kampala Restaurant Week.

Powered by Tusker Lite and organised by Pearl Guide Uganda, the largest showcase of restaurants in and around Kampala kicked off on the 5th July and will go till 15th July.

During the Kampala Restaurant week, restaurants get to offer meals going as low as UGX 15,000 and UGX 25,000. On normal days, the same meals would go for as high as UGX 35,000. This was acknowledged by Jinja Sailing Club’s Executive Chief, Noman Qureshi who said that the restaurant week activity offers customers a chance to try out the best cuisines at affordable prices.

Media Luncheon 3

This year, Tusker Lite has added great value to everyone’s experience by offering a complimentary drink to diners to ensure they enjoy a complete dining experience.

Tusker Lite was introduced into the East African market in 2011 as a low carb beer uniquely brewed with natural ingredients. It delivers an easy drinking experience. The idea behind its introduction was to bring a new taste.

“Tusker Lite offers a soothing experience with every meal. It is for this purpose that we had to check out the experience in Jinja. We hope that people are enjoying their meals and this edition of Kampala Restaurant Week.” Uganda Breweries Limited’s Head of Beers, Muzito Estella said.

Jinja Sailing Club Executive Chef Noma Qureshi 2

The Kampala Restaurant Week will be capped off with an awards ceremony on the 15th July at the Sheraton Hotel Kampala. This will be to recognize the most outstanding chefs, restaurants and other participants in this edition.

 

 

Battle For Cash with DFCU Bank


 

dfcu Bank, in partnership with NTV Uganda and Price Waterhouse Coopers (PwC) launched a nationwide campaign targeted at driving a savings and investment culture in Uganda. The campaign, which will run – in part as a TV show competition dubbed ‘Battle for Cash’ was launched at the Kampala Serena Hotel with the media fraternity having the first hands-on experience.

Compared to the countries in the region, Uganda has the lowest savings to GDP ratio, which is at 13.48 per cent of GDP with majority of the population being un-banked. According to the Uganda Bureau of Statistics, only 12% of the population have bank accounts while research shows that Ugandans save less than 5% of their monthly earnings as compared to other East African countries (Kenya 23%; Tanzania 13% Rwanda 18%).

 

The low savings rates are largely a result of traditional banking remaining out of reach for most due to factors like; inadequate financial services; financial illiteracy; physical distance from banking institutions and high minimum deposit and balance requirements, limiting access to banking services. But banks have taken huge strides in addressing these shortcomings by recognizing the potential and are introducing resourceful methods of bringing them back into the formal economy by introducing several innovative products and services.

 

As part of several efforts to promote a savings culture in Uganda, dfcu Bank introduced the Investment Clubs program in 2007 providing a conducive platform to foster group savings. The dfcu Bank program has since grown with over 10,000 Investment Clubs that cut across all segments including students, the professionals, women, youths holding a savings turnover of over UGX 400 billion.

dfcu Bank, Battle for Cash Campaign judges, Joseph Kasaija, Ann Kyohairwe and Adam Sengoba, address the media during the campaign launch at Serena Hotel.

The Judges that will adjudicate Battle For Cash

It is against this background that dfcu Bank has collaborated with NTV and PwC to start a competition to encourage its customers to grow their savings portfolio. The ‘Battle for Cash,’ challenge will provide a free platform to Investment Clubs to show case their success stories over a period of six (6) months. Additionally clubs who are able to present innovative investment ideas and demonstrate the ability to consistently pool savings towards the realization of their objective for a minimum period of six months will be eligible to enter the competition. They will have the opportunity to show case their ideas and investment projects on NTV Uganda.

 

According to the dfcu Bank Executive Director and Chief of Business William Sekabembe, two special categories of women and youth have been included. Clubs with 100% composition of these special groups will apply to enter the competition and into a special category for Women Clubs & Youth increasing their chances of winning. “We are putting a lot of emphasis on these two categories because we believe they play a major role in the development of communities and Uganda as a whole,” he added.

dfcu Bank Executive Director and Chief of Business, William Sekabembe giving a speech during the launch of Battle for Cash campaign at Serena Hotel.

William Sekabambe Chief of business at DFCU

An amount totaling up to UGX 100 million in prize money has been set aside for the best Investment Clubs. Additionally, one delegate from each of the 20 selected clubs that will enter the competition will be sponsored to attend a study tour in Nairobi to share experiences, network, and widen their knowledge and contacts. This as the top seven (7) clubs will receive free advisory services for a period of one (1) year.

UGANDA’S BEBE COOL TO COLLABORATE WITH NIGERIAN SUPER STAR ‘FALZ’  


 

Top Nigerian artist Falz famed for hits like “Jeje”, “Soft Work” and “Soldier” returns to Coke Studio Africa for a second time this year, paired alongside Ugandan legendary artist Bebe Cool, who makes his anticipated debut on the show this year. Last year Falz was paired with Tanzanian rapper Joh Makini and the two produced great covers of each other’s songs and an original track “You Dey Hot”.

Bebe Cool - Coke Studio Africa 2017

 

While speaking exclusively at the show’s Behind the Music Studios in Nairobi during the show’s recording, Falz said: “It feels very good to work with Bebe Cool. He is a very cool guy a very chill guy. So far, we have a good working relationship and we are getting along well. I am looking forward to learning more from him about his culture and language– that’s what Is most exciting about this Coke Studio experience.”

On top of the music collaborations, the two will also participate on Coke Studio’s Food Culture Exchange segment.  

 

Bebe Cool and Falz will be produced by top Nigerian music producer GospelOnDeBeatz. Bebe Cool revealed some info on his collaboration with Falz: “Expect a lot of fire. Falz is a huge hiphop artist and I am a dancehall artist so the fusion is going to be electric!”

Both Bebe Cool and Falz will also feature in a special Coke Studio dubbed ‘The Global Fusion Edition’ alongside Coke Studio Africa’s international guest star – the American Pop/R&B star Jason Derulo and 8 other talented African stars. They include Dela (Kenya), Mr. Bow (Mozambique), Joey B (Ghana), Betty G (Ethiopia), Jah Prayzah (Zimbabwe), Shekhinah (South Africa), Locko (Cameroon) and Denise (Madagascar).

This year Coke Studio has merged Coke Studio Africa and Coke Studio South Africa into one—bigger and better Coke Studio Africa 2017. The show promises to be a melting pot of music talents bringing together renowned music producers and top-notch artists drawn from various parts of the continent. ​The merger increases the number of participating countries to 16, up from 11 in previous edition.

Dfcu Bank set to hold business clinics for SME clients


dfcu Bank, in partnership with Enterprise Uganda,announced at a press conference that it will hold 12 business clinics for its Small and Medium Enterprise (SME) customers.

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The announcement was made during a press briefing which also doubled as the first training session at Mackinnon Suites.

The clinics will be held over the course of the next six months and will centre on growing the skillsets of the beneficiaries.

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They will also focus on the five functional areas of a business; Marketing, Finance, Human
Resource, Strategic planning and Operations.

The announcement comes a week after dfcu Bank was unveiled as the main sponsor of the 2017 Top mid-sized Companies’ Survey.
Speaking at the press briefing, the dfcu Bank Managing Director, Juma Kisaame said the
Business Clinics were part of the Bank’s strategy to empower the SME business community.
“Using the M-S-F Model, Enterprise Uganda will provide both practical and theoretical training
to our SME clients. These training sessions will cater to 35-40 people per session and will cover various aspects related to operating a successful business operation. For the next six months, we will mobilize our customers to attend two training sessions each month- and our expectation is that they will be better equipped to manage their businesses,” Kisaame said.

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Kisaame emphasized the Bank’s commitment to the Ugandan market saying, “dfcu Bank is
firmly dedicated to offering tailor-made solutions to our clients with the belief that in turn, they
will help them grow both their personal and business investments. The Business Clinics will cover a range of topics including marketing, branding, human resource management and
several more, which we believe will offer invaluable learnings to business owners and managers.”
Kisaame concluded by saying all participants in the clinics would be required to create action
plans- which would be used during the advisory sessions scheduled to take place a month after the completion of the clinics.