Stanbic Bank
Stanbic Bank
17.5 C
Kampala
Stanbic Bank
Stanbic Bank
News

South Africa’s Ithuba enters Uganda betting industry

By Our Reporter
Finance Minister Matia Kasaija and Ithuba Uganda Limited board chairperson Bob Kabonera at the signing ceremony. Looking on is NLGRB board chairman Aloysius Mugasa Adyeri.

Must read

Our Reporter

Government through Ministry of Finance and Economic Planning has signed a 10-year contract with Ithuba Holdings Limited to run Uganda National Lottery.

Through their local company, Ithuba Uganda Limited was issued with a license and this marked the start of business in Uganda.

Ministry of Finance through National Lotteries and Gaming Regulatory Board issued the licence to Ithuba Uganda Limited.

The Nation Lottery is one of the tools conducted by or on balf of the Ministry responsible for finance with a view of raising funds for defined purposes.

Finance Minister, Matia Kasaija welcomed issuance of signing of the national lottery agreement with Ithuba Uganda Limited. He said the above initiative shall support the implementation of the national budget, national development plan and good causes in areas of public infrastructures, education, health and sports development.

Stanbic

“Effective today, the government of Uganda will partner with Ithuba Uganda Limited to conduct the National Lottery for an exclusive period of ten years subject to annual licence conditions and fulfillment of conditions stated in the agreement and the laws of the Republic of Uganda” Minister Kasaija said at the signing ceremony that took place at the Ministry headquarters.

Kasaija further called on Ugandans to participate in National Lottery to enable government to achieve the above objectives.

Ithuba Uganda Limited board chairperson Bob Kabonero said the issuance of the licence and official signing of the partnership between Ithuba and Uganda Government is a significant milestone.

“The Uganda National Lottery signifies a new era of progress and possibilities with its multifaceted capacity to contribute to the gross domestic product, propagate job creation and wealth” Businessman Kabonero said.

He said in recognizing the youth as a driving force of this nation, they acknowledge that the National Lottery can play a pivotal role in nurturing underdeveloped yet widely cherished sectors that include recreational sports, the arts, and youth programmes.

NLGRB board chairperson Aloysius Mugasa Adyeri revealed that Ithuba Uganda Limited had secured irrevocable funding to fiancé the operation of the National lottery as it shall construct an in-country data centre.

“As a board, we are confident that the National Lottery shall contribute significantly to raising the required revenue for funding government programmes but also promote social responsibility through its operations”

NLGRB Acting Chief Executive Officer Mr Denis Mudene Ngabirano said the journey to bring Ithuba on board started in December 2021 in their quest for a suitable candidate to conduct the National Lottery.

“Our due diligence process was thorough and exhaustive.  We assessed Ithuba Uganda Limited’s track record, financial stability, expertise and their commitment to responsible gaming practices which has always been at the core of our mandate. We also scrutinized their operational procedures, security measures and player protection policies”. Mr Ngabirano said.

Previous article
Climate change to headline upcoming Annual National Youth Parliament
Next article
Court orders for arrest of former UNBS boss

More articles

318 COMMENTS

318 COMMENTS

  101. The other day, while I was at work, my sister stole my apple
    ipad and tested to see if it can survive a twenty five foot drop, just so she
    can be a youtube sensation. My iPad is now destroyed and she
    has 83 views. I know this is completely off topic but I had to share it with someone!

  205. To replace the batteries in your Logitech Wireless Keyboard K270, locate the battery compartment on the underside of the keyboard. Open the compartment using a coin or similar tool and insert two new AA batteries, paying attention to the correct polarity. Close the compartment securely. The full-sized keyboard includes a number pad and eight convenient shortcuts, making data entry and navigation a breeze – with easy access to the internet, e-mails, music and more. The sturdy tilt legs let you adjust the keyboard height to your liking. Is there any (unofficial) way of doing this, that allows me to connect both devices to the same dongle (probably the unifying one)? Connecting your iPhone or iPad to a Logitech wireless keyboard is very easy if you are a Mac user, but if you are using a Windows PC, then it is more difficult to connect your iPhone to your Logitech wireless keyboard.
    https://www.htcmania.com/member.php?u=1625472
    If you want to use a wireless Logitech keyboard with a Linux computer, pair it with the Unifying software on Windows, macOS, or Chrome OS, and then plug the USB dongle into your Linux computer. Find the Bluetooth® settings menu on your computer and connect your keyboard from there. Enter your zip postal code to show delivery options in your area. As tetsujin said the two systems are not compatible, thus you cannot pair unifying with non unifying or vice versa. The OP cannot do what is wanted with the hardware they have, however they could add a unifying keyboard the dongle of the unifying mouse or add a non-unifying mouse to the dongle of the keyboard. However, I find myself staring down at the keys more and more often to make sure I get it right. Not only out of habit with the format, but also for another reason, the buttons on the keyboard are surprisingly small. If you’re used to a full-sized desktop keyboard, or even a normal-sized laptop, the keys are annoyingly close together. However, there’s clear spacing between individual keys, so an oblique press is felt directly in the fingertip. Some individual keys have also been shrunk down to the usual size to make room, such as the Shift key on the left side.

Comments are closed.

- Advertisement -

Latest article

- Advertisement -

© Eagle Online. All rights reserved.

About Us

Popular Category

Editor Picks