Industry

African Development Bank starts Employment Coding in Rwanda

BY EABW REPORTER KIGALI, Rwanda- The African Development Bank together with partners – The Rockefeller Foundation, Microsoft and Facebook launched the Coding for Employment Program at the African Innovation Summit in Kigali, Rwanda. By training youth in demand-driven Information and Communications Technology (ICT) curriculum and matching graduates directly with ICT employers, this new Program prepares […]

Industry Insights

Cape Town tops hotel market share

BY EABW REPORTER CAPE TOWN, SOUTH AFRICA- Cape Town retains the biggest share of planned hotel development in South Africa despite showing a decrease in total planned rooms, according to a regional focus from the influential annual hotel pipeline survey by W Hospitality Group. Cape Town has 25% of the South African development pipeline, with […]

Industry Insights

African Women CEOs to meet in Paris

BY EABW REPORTER PARIS, FRANCE- In Africa today, only 5% of CEOs running large companies are women. Yet, the positive impact of women executives on a company’s financial performance has been proven. African companies with the most women on their executive committees achieve 20% higher profit margins than the average for their sector of activity. […]

EAC Industry

EAC slashes 2018/19 budget by $10m

BY SAMUEL NABWIISO ARUSHA, TANZANIA- The East African Community member states have presented for consideration budget estimates for the Financial Year 2018/2019, totaling to $99,770,716 to the East African Legislative Assembly . The Chairperson of the EAC Council of Ministers, and Second Deputy Prime Minister, Republic of Uganda, Rt Hon Dr Ali Kirunda Kivenjija, presented […]

Industry

dfcu Bank starts to sell insurance officially

BY SAMUEL NABWIISO KAMPALA, UGANDA- dfcu Bank  customers who have been struggling to purchase insurance policies have a chance to Smile after the bank  joined insurance services provision by launching DFCU insurance. dfcu Bank’s Chief Commercial Officer and Executive Director; William Sekabembe revealed that they have taken a slightly different approach to Bancassurance. “Bearing in […]

Industry

Centenary Bank introduces Visa Cards

BY EABW REPORTER KAMPALA, UGANDA- Centenary Bank, Uganda’s leading commercial microfinance Bank, has unveiled the new CenteVisa debit card. This comes after the roll out of internet banking, and is a step towards enhancing customer’s convenience in accessing financial services. The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, […]