Emirates has boosted its operations by 31% since the start of this financial year and has further plans to ramp up seat capacity in its latest published northern summer schedule starting 26 March 2023. In the past months, the airline has planned and executed the rapid growth of its network operations – reintroducing services to […]
Author: EABW Editor
Stanbic maintains Uganda’s bancassurance market lead in 2022
At one percent, insurance penetration in Uganda remains low, but products like bancassurance, are steadily improving public perception about the advantages of being insured and Stanbic Bank continues to hold a leading position in the market. Bancassurance is a partnership that allows commercial banks to offer insurance products to their customers, making it more convenient […]
Local business leaders to acquire digital transformation skills
Stanbic Uganda Holdings Limited (SUHL), through its Fintech subsidiary FlyHub, has today announced a five-year partnership with Refactory—a training academy that offers alternative industry-led skilling services for the technology sector. The partnership signed in Kampala will help equip local business leaders, entrepreneurs, government, and civil society organisations with strategic support and skills to enable them […]
Tanzania President want women, youth to drive Africa’s food agenda
Tanzania President Dr. Samia Suluhu Hassan, has officially launched Africa’s Food System Forum 2023, Africa’s premier platform for advancing the agriculture and food systems agenda on the continent. The theme of this year’s Forum – Recover, Regenerate, Act: Africa’s Solutions to Food Systems Transformation – is anchored around building back better Food Systems and Food […]
Stanbic Properties Report sees 4% surge in office space demand
The second half of the year 2022 registered a 4% surge in demand for office space in Kampala City, this, according to the latest real estate market report published by Stanbic Properties Limited (SPL), a subsidiary of Stanbic Uganda Holdings Limited. Released today in Kampala, SPL’s Chief Executive Spencer Sabiiti said that the Kampala office […]
DFCU Bank and partners launch Uganda Best Farmers Awards 2023
By Paul Tentena DFCU Bank and other partners Vision Group, KLM Royal Dutch Airlines, Kingdom of the Netherlands and Koudijs have launched the 2023 Uganda Best Farmers Competition (Awards) aimed at rewarding best farmers and best farming practices throughout the country. Açcording to Jude Kansiime, the DFCU Bank Head of Marketing, the Best farmers competition […]
Huawei to boost digital inclusion in Uganda with DigiTruck project
By Paul Tentena Uganda’s President Yoweri Kaguta Museveni has officially launched the Huawei DigiTruck project in Uganda to provide free digital skills training for more than 10,000 beneficiaries over three years. The DigiTruck project falls under the umbrella of Huawei’s TECH4ALL initiative, the company’s long-term action plan for driving inclusion and sustainability across the globe. […]
Stanbic Holdings wides up NISAT Project, launches $20M Green Fund
By Paul Tentena Stanbic Holdings, under the Stanbic Business Incubator Limited and the French Embassy in Uganda, have wound up the Network for Innovation and Sustainability in Agriculture and Tourism (NISAT) Project aimed at boosting agroecology and ecotourism. For the past two years, over 100 small business owners have benefited from the training program which […]
Uganda to sign a deal with Swiss Pharmaceutical Company to improve Sickle Cell Health Services delivery
The Government of Uganda through the Ministry of Health is to sign a Memorandum of Understanding with Novartis a Swiss Multinational Pharmaceutical Company based in Basel, Switzerland, to improve Health services delivery especially in the fight against Sickle cell. According to Dr Charles Kiyaga, the National Coordinator for sickle cell program at the Ministry of […]
Huawei transforms global Urban Rail with Cloud Solution
On 18 August 2020, Shenzhen Metro Lines 6 and 10 were officially opened. They are the first to comprehensively apply Huawei’s Urban Rail Cloud Solution in China, as well as the first batch of metro lines with full 5G coverage in Shenzhen. They also create a record in the rail transportation industry to use artificial […]
Agricultural prices improve by 5% as economy recovers
The gradual recovery of the economy witnessed in the 3rd quarter of 2020, has contributed to the positive performance of the agricultural sector with prices improving by 5 percentage points. According to the June 2020 Uganda Bureau of Statistics report, food crop growing activities registered a growth of 4.3 per cent in 2019/2020, compared to […]
Rwanda and British envoys get COMESA accreditation
The new Ambassador of Rwanda to Zambia Amandin Rugira and the British High Commissioner to Zambia Nicholas Woolley have been accredited to COMESA as Permanent Representative and Special Representative respectively. The two presented their letters of credence to COMESA Secretary General Chileshe Kapwepwe on yesterday at the COMESA Secretariat in Lusaka. Amb. Rugira reiterated his […]
Mutebile maintains Central Bank rate as mild economic recovery is seen
The Bank of Uganda, at the Monetary Policy Committee (MPC) meeting of October 2020 has maintained the Central Bank Rate (CBR) at 7 per cent. The high-frequency indicators for economic activity in the quarter to September 2020, point to a mild recovery of economic activity with estimated growth of 2 per cent from a sharp […]