Stanbic Bank
Stanbic Bank
25.1 C
Kampala
Stanbic Bank
Stanbic Bank
Home Blog Page 2236

Dahabshiil invests in Ugandan agri and power programme

Dahabshiil has provided seed capital to two start-ups founded by young entrepreneurs in Uganda as part of a programme co-sponsored by the US Embassy in Kampala.

Dahabshiil, a money transfer company based in the UAE, has invested in GSM-based agriculture market solution, the Mobile Business Financial Information Tool (MoBFIT) which allows farmers to pre-sell their produce to buyers before harvest. MoBFIT is agricultural supply chain management software that will directly connect rural farmers to buyers in the market at a low cost via SMS technology aimed at broadening the market for grass root farmers, reduce the cost of marketing farm produce and the dependence on middlemen.

 

MoBFIT was the winner of the hackathon during which six teams competed in an intense race-against-the-clock to develop business propositions to meet key market needs and create jobs.

Dahabshiil is also investing in the hackathon’s second placed initiative, Yaka Ko, an emergency power credit service to help clients enjoy uninterrupted power usage. In addition, local startup incubator GoBigHub offered free mentoring to all of the hackathon participants through its partners Bytelex, Azems Value Add, and Strategy Consults.

 

“Both MoBFIT and Yaka Ko, alongside many of the other business ideas presented at the hackathon, are an incredible demonstration of the power of young people to drive social and economic change,” Dahabshiil CEO, Abdirashid Duale said.

 

“We hope that this event is seen as an illustration of what can be achieved through coordinated partnerships between the public and private sector. Dahabshiil is very proud to have collaborated with the US Government as part of +256 Rising, in the run up to the next Global Entrepreneurship Summit in Silicon Valley later this year,” said Duale.

 

US Embassy Chargé Trish Mahoney, said that the hackathon should help improve Ugandan entrepreneurship and promote sustainability in new business.

“Entrepreneurship brings down barriers between communities and cultures, and builds bridges that help us take on common challenges together,” she said.

 

Quintan Wiktorowicz, Managing Partner of social impact organisation, Affinis Labs, which planned the hackathon, said, “The level of entrepreneurial talent in Uganda is amazing, and we are hopeful that many of the teams from +256 Rising will go on to form successful businesses and help strengthen the Ugandan economy.”

 

Stories Continues after ad

MTN to boost Africa’s money transfers

International mobile banking firm WorldRemit and MTN Group have announced their partnership of Mobile Financial Services, with customers in Uganda, Rwanda and Zambia now being able to send money instantly to MTN Mobile Money wallets.

“This partnership makes sense for both companies, as WorldRemit and MTN share a disruptive approach to innovation and bring impactful services to our customers,” Serigne Dioum, the MTN Group Head, said adding: “we are now providing an instant, fully digital and very affordable solution to send international remittance to Rwanda, Uganda and Zambia. Other countries will follow.”

The launch follows the signing of a global partnership to enable WorldRemit customers all over the world to send international remittances to MTN’s Mobile Money customers.

Alix Murphy, the Senior Mobile Analyst at WorldRemit said: “At WorldRemit, we are pioneering international mobile-to-mobile remittances. Our partnership with MTN allows our customers around the world to send money instantly from the WorldRemit app to MTN Mobile Money users in Rwanda, Uganda and Zambia. Together with MTN, we make sending money home as easy as sending an instant message.”

MTN Mobile Money enables users to perform utility payments, save money, purchase airtime and access a range of mobile financial products. To date, MTN Mobile Money is used by customers in 15 countries across Africa.

Murphy said: “For diaspora members sending money to friends and family back home in these countries, Mobile Money is a real game-changer. In Uganda, Mobile Money has already overtaken cash pick-up and bank deposits as the preferred method to receive money.

“We expect this trend to continue as MTN’s Mobile Money services reach millions of people without bank accounts, giving them access to a variety of life-enhancing financial services.”

People in more than 52 countries already use the WorldRemit app to send around 400,000 money transfers every month to over 125 destinations.  The remittance corridor between Kenya and Rwanda is the latest addition to MTN’s Mobile Money bouquet of services.

 

Stories Continues after ad

Airtel Money users to be rewarded

Journalists pause for a group photo after the press conference at which Yoola Amajja was annonced today.

Airtel Money users have a new reason to be optimistic in 2016 following the launch of a new and exciting rewards campaign.

Dubbed ‘Yoola Ammajja’, the 90-day campaign will benefit Airtel Money subscribers, giving them a chance to win up to 2,000,000 shillings daily when they carry out any transaction using the Airtel Money platform.

As part of this campaign, there will also be a grand draw where lucky Airtel Money subscribers will stand a chance to win up to 20,000,000 shillings.

There have been tremendous efforts made to boost the functionality and efficiency of the Airtel Money platform and to boost financial inclusion, the platform now offers services such as E-city payments, mobile banking, utility bill payments and school fees payments among others.

Speaking at the official launch of the campaign, Airtel Money Director Mr. Paul Langlois said: “Over the next 90 days, Airtel Uganda will be giving its Airtel Money subscribers the best value back seeing as they will be rewarded for each transaction.” He added that Airtel has run very many successful campaigns in the past and “therefore this is just an extension to an already existing history of the brand and its promise to continually reward customers.”

Different from most campaigns which focus on Kampala district, the ‘Yoola Amajja’ campaign is going to give Ugandans in 24 regions of the country an opportunity to win money through regional activations that will be carried out throughout the course of the 3-month period.

To qualify for the monetary rewards, beneficiaries will have to transact through a mobile banking transaction involving money sent from one’s Airtel Money account to their bank account; topped up a minimum of 500 worth of airtime through Airtel money; purchased a voice bundle through Airtel Money; made a cash withdrawal from Airtel Money; purchased a data bundle through Airtel Money; sent money to another person using Airtel Money and, paid bills using Airtel Money.

 

Stories Continues after ad

David Lutalo named Artiste of the Year

KICKED OFF 2017: Singer David Lutalo

The fourth edition of the HiPipo Music Awards (HMAs) was held on Saturday night at Serena Hotel, Kampala, with David Lutalo, emerging the surprise ‘Artiste of the Year’.

The Kadongo Kamu singer beat several renowned musicians like Bebe Cool, Radio and Weasel, Juliana Kanyomozi, Eddy Kenzo and Bobi Wine. Bebe Cool bagged two accolades, with his Go Mama Album winning the Album of the Year award and Go Mama winning the best Reggae song award.

 

Below is the full list of winners:

 

Best Audio Producer

Dr Fizol

Best Video Producer

Savy Films – Sasha Vybz

Best Songwriter

Moses Radio

Best Hip Hop Song

Kigozi (Iko Hivi) by Navio

Best RnB Song

Linda by Rema and Chris Evans

Best Ragga Dancehall Song

Friendly Match by Ziza Bafana & Zanie Brown

Best Reggae Song

Go Mama by Bebe Cool

Best Religious Song

Saum Kareem by Swahaba Kasumba

Best Band Song

Nkuze by Maureen Nantume

Best Folk/Kadongo Kamu Song

Akalulu by Saava Karim

Best Zouk Song

Memories by A Pass & Lillian Mbabazi

Best Afrobeat Song

Mpulunguse by Diana Nalubega

Best Afropop Song

Tusasanya by Prof. Big Eye

Best Regional Song

Go On – Pine Avenue 5 All Stars and Barbi Jay (North)

Best DJ

DJ Shiru

East Africa Best Video

Nana by Diamond Platnumz Ft Mr Flavour (Tanzania)

East Africa Super Hit

Nana by Diamond Platnumz (Tanzania)

Most Active Fans Group

Gagamel Phamily

Artist of the Year

David Lutalo

Best Male Artist

David Lutalo

Best Female Artist

Sheebah Karungi

Best Music Group

Radio and Weasel

Best Breakthrough Artist

Winnie Nwagi

Album of the Year

Go Mama by Bebe Cool

Video of the Year

Siri Zari by Sheebah

Song of the Year

Juicy by Radio and Weasel

Winner of Convertible Peugeot 207  

Igama Benedict.

Life Time Achievement Award.

Paul Saka.

Video Trailblazer Award.

Triplets (Ghetto kids).

Stories Continues after ad

Besigye paralyzes Rukungiri again

Forum for Democratic Change Presidential candidate, Kizza Besigye has returned to his home district, Rukungiri, for the second time this campaign period to canvass for more votes.

Besigye in Rakai

Traders around Rukungiri have halted their day-to-day activities to go show support for the self proclaimed ‘Peoples’ President.’

Besigye-Rugu3 Besigye-Ruku5

Stories Continues after ad

Mugabe Advisor lays Burundi blame on Museveni

President Mugabe's Spokesperson George Charamba

President Robert Mugabe is not guilty of allowing the continued bloodshed in the Burundi conflict during his term as Africa Union chair, his spokesman says while passing the buck to Ugandan President Yoweri Museveni.

Mr George Charamba says Mugabe did not neglect Burundi; he defended his boss saying contrary to the said ‘misconception’ that Mugabe did very little to solve the conflict, he actually did all he could within his means but was limited by jurisdiction.

Charamba said “the procedure of the AU is not to run everything from the centre, but rather it is to build from the blocs.”

“The instrument of first intervention is always the regional entity; it is the organ of first instance in conflict resolution. In the case of Burundi, that organ would be the East African Community (EAC) through President (Yoweri) Museveni, which explains why the President of Uganda is the point man for Africa on Burundi,” said Charamba.

Charamba’s remarks come in the wake of concerns at how the Burundi crisis is being addressed by the EAC, with the US Assistant Secretary for African Affairs Linda Thomas-Greenfield saying that the regional body and Mr Museveni, the EAC appointed mediator, could be blamed if war engulfs Burundi.

“We’re hopeful the AU will become more actively engaged in the process and take this burden away from President Museveni,” Ms Greenfield, who said Mr Museveni was busy with his re-election campaigns, was quoted as telling a Senate panel.

By press time today, efforts to contact President Museveni’s spokesperson Linda Nabusayi were futile.

 

 

 

Stories Continues after ad

Police to purchase helicopter for IGP

One of the police choppers purchased last year

The Uganda Police Force has ordered for a heavy duty helicopter for the operations of the Inspector General of Police.

According to credible sources within security that preferred anonymity, the chopper, to help ease the movement and operations of the IGP General Kale Kayihura, is to be in the country before February 12.

At Naguru police headquarters, construction works are ongoing at the Helipad, just a few metres from the new building.

But when contacted for comment, Police publicist Fred Enanga said police hasn’t bought any helicopter specifically for the IGP.

“There has been no purchase of a chopper for the IGP; the ones available are police choppers,” Enanga said in a phone interview earlier.

Asked why the force was constructing a helipad at its Naguru-based headquarters Enanga said: “The place was soft and could easily sink in and that is why you are seeing that digging, we are constructing a helipad.”

Police last year procured two helicopters from Italy.

Since 2010, the Force has had no functioning helicopter after one transporting former Prime Minister Apollo Nsibambi, crashed in Bugiri.

The National Insurance Corporation (NIC) compensated the police to the tune of Shs8 billion and that was part of the money used to purchase the two choppers.

 

Stories Continues after ad

Police warns candidates on tally centres

Fred Enanga, police Spokesperson.

The police has warned presidential candidates who intend to organise parallel tally stations to desist from the move.

“All those planning to set up parallel tally centres should note that the official centre is the Electoral Commission,” Police Spokesperson Mr Fred Enanga said today at the press briefing.

Without elaborating the punitive action to be taken against those who will indulge in the exercise, Mr Enanga, said the duty of tallying results was the prerogative of the Independent Electoral Commission (IEC).

Meanwhile, the police have warned Forum for Democratic Change (FDC) presidential candidate, Dr Kizza Besigye for campaigning beyond the stipulated time, in contravention of the electoral guidelines.

This follows two separate incidents last week on Friday 29th, when police in Kiruhura and Ibanda fired tear gas to disperse Besigye’s supporters in Higorora Sub County in Ibanda district at 8.25pm, contrary to the 6pm hour mark set by the Electoral Commission as the peak for holding rallies in a day.

Assistant Inspector General of Police (AIGP) Asan Kasingye, the interagency communications task team chairperson at police headquarters, told the media today that Dr Besigye was advised by the area police not to address the crowd waiting for him at that time, but he declined, forcing the area Deputy Regional Police Commander (RPC) to switch off the public address system.

“We strongly condemn such acts of defiance that prompted the police to disperse the crowd that had blocked traffic at the key junction, using its dispersal powers,” Mr Kasingye told journalists during a weekly press conference at the police headquarters in Naguru.

According to Kasingye, the police respect the democratic rights of all candidates and supporters in expressing their civil rights and responsibilities but urged the public to shun acts intended to disrupt public peace.

Kasingye said that legal action shall be taken against those who don’t adhere with the EC guidelines.

‘’We can take them to court for violating the electoral guidelines; we have informed our officers to start taking video evidence using their phones, once you break the law, you are supposed to be charged,” Kasingye said.

However FDC spokesperson said that with such remarks, police is confirming ‘what the public knows that it is partisan.’

“If the electoral law is breached, it is not the police to call for action; it is the Electoral Commission. For police to get involved in politics shows that they are an arm of the NRM,” Mr Semujju said, adding: “In any case, police is never a complainant especially in matters of elections.”

According to the Independent Electoral Commission (IEC) guidelines, a presidential candidate is not supposed to campaign beyond 6pm in any area.

 

Stories Continues after ad

Kikwete appointed AU Special Envoy to Libya

Former Tanzania President Jakaya Kikwete, the new AU envoy for Libya

The African Union has appointed former Tanzania President Jakaya Mrisho Kikwete as a Special Representative for Libya.

A seasoned diplomat who also served as his country’s foreign minister for 10 years between 1995 and 2005, the 66 year-old Kikwete, the fourth president of Tanzania, stepped down as president in October last year after serving the maximum two five-year terms.

He joins a small list of former African presidents like his predecessor Benjamin Mkapa, Botswana’s Festus Mogae and Joachim Chissano of Mozambique, all of who have been named envoys by international and continental organisations like the United Nations (UN) and the African Union (AU).

Kikwete’s appointment comes amid three-year recurring violence in Libya, following the killing of long-serving president Muammar Gaddafi in 2011.

Stories Continues after ad

Traffic police under fire for corruption

Traffic police boss Steven Kasiima

Several traffic police officers have faced the wrath of the law, in regard to corruption-related allegations.

According to a source speaking on condition of anonymity, the police officers are these days subjected to impromptu checks by plain clothed officers riding on ordinary-plated motorcycles.

“Recently, an officer attached to Kitintale Police Post was arrested for corruption and has since been ordered to return to routine police work and leave the road,” the source, who named the culprit only as Isaac said, adding that the officer was found with Shs20,000 he could not account for.

According to the source, the traffic officers are also ‘not sleeping on the job’, and have devised ways of concealing their booty.

“Nowadays they employ boda boda cyclists; these position themselves near where the officers operate from and are the ones who keep the money the police traffic officers have solicited as bribes,” the source said.

By press time efforts to contact police spokesperson Fred Enanga were futile as his known number was busy.

But several Ugandans including President Yoweri Museveni have at different times expressed reservations about corruption amongst officers of the traffic police, with the President at one time ordering them off the highways.

Stories Continues after ad