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Equity Bank Uganda Limited delegation pays visit to NMG

Equity Bank Uganda Managing Director, Gift Shoko being welcome by Susan Nsibirwa, Nation Media Group MD Uganda to NMG Kampala head office at Namuwongo as Equity group paid a courtesy.

A delegation from Equity Bank Uganda led by Managing Director Gift Shoko paid a courtesy visit to the Nation Media Group head office in Namwongo, a Kampala suburb.

The courtesy visit, held on Thursday July 3,2025, is part of a series of meetings that the Bank is holding to help strengthen media collaborations.

Accompanying Mr Shoko was Olivia Mugaba, Equity Bank’s Head of SME Banking, Clare Tumwebaze, Head of Marketing and Communications.

The team was received by Nation Media Group Uganda MD Susan Nsibirwa flanked by Hajara Batuka, NMG Head of Marketing, Allan Chekwech, the Managing Editor, Daily Monitor, George Kihuria, General Manager, Finance and Sam Barata, NMG General Manager, Commercial.

Ms Susan Nsibirwa highlighted NMG’s East African footprint, including Daily Monitor, NTV, KFM, and The East African, indicating areas of collaboration and channels of partnership in spreading the Equity Bank story not only in Uganda but also in East Africa.

She also expressed gratitude for, amongst others, Equity Bank’s three-year strong Top 100 sponsorship and banking support for socio-economic initiatives around the country.

On his part, Equity Bank’s MD Gift Shoko pointed that the Bank is currently serving 2.3 million customers in Uganda, and the key focus areas are agricultural, trade, Small and Medium Enterprises, retail and manufacturing sectors and Energy and Environment among others.

Other areas that the Bank is currently focusing on the provision of social protection for refugees, affordable credit for youth and women and farmers.

Both parties agreed to explore content collaborations, advocating for impactful storytelling on youth and women’s initiatives and a commitment to mutual growth, with plans for future dialogues.

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Liverpool star Diogo Jota dies in car accident

RIP Diogo Jota, Liverpool star.

Liverpool star Diogo Jota has died at the age of 28 after his Lamborghini careered off a road in northern Spain – just two weeks after he married his childhood sweetheart.

The Portuguese forward was travelling in the supercar with his younger brother Andre, 26, a fellow professional footballer who also died in the crash in the early hours of this morning.

The tyre of the Lamborghini, reportedly a £150,000 Urus SUV, is said to have blown out while overtaking on the A-52 at Cernadilla near Zamora in northwestern Spain, close to the border with Portugal.

The supercar came off the road, rolled and then burst into flames at around 12.35am, also igniting the surrounding vegetation. The emergency services were called but the brothers could not be saved.  Police say they don’t yet know who was driving.

Liverpool FC said in a statement that the club is ‘devastated’ by the tragedy and that Diogo’s family, friends and fans had suffered an ‘unimaginable loss’. Flowers and tributes are being laid outside Anfield today, with many fans in tears.

Jota had just married Rute Cardoso, the 28-year-old mother of his three children and partner since the age of 16. He had described himself as the luckiest man in the world to be her husband, sharing moving footage of their wedding day in his final Instagram post on Wednesday afternoon.

The couple married on June 22 in Porto, the footballer’s home city. Rute shared more wedding day pictures in a social media post yesterday and said: ‘My dream come true.’ Jota replied in the comments: ‘I’m the lucky one.’

The Lamborghini crash happened on the A-52 in the province of Zamora. The Spanish dual carriageway is a key route taken by drivers after leaving northern Portugal as they head for the ports of Santander and Bilbao or drive north-east towards France.

Emergency services in the Castilla and Leon region confirmed the crash and two fatalities at around 12.35am on Thursday morning.  Diogo and Andre’s deaths were then confirmed by the Portuguese Football Federation at around 8am.

Cristiano Ronaldo, Jota’s friend and teammate and Portugal’s greatest player, said today: ‘It doesn’t make any sense. Just now we were together for the national team, you were just married. To your family, to your wife and children, I send my condolences and wish them all the strength in the world. I know you will always be with them. RIP. Diogo and Andre. We will all miss you’.

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UPDF commissions Shs13.2b Modern Auditorium at Singo with support from US gov’t

The Uganda Peoples’ Defence Forces (UPDF) yesterday received a state-of-the-art auditorium at the International Peace Support Operations Training Centre (IPSO TC) in Singo, constructed by the United States government under the Global Peace Operations Initiative (GPOI).

The new facility, valued at $3.7 million (approximately Shs13.2 billion), is located at the International Peace Support Operations Training Center (IPSOTC) and is expected to significantly enhance the UPDF’s training and operational readiness for international peacekeeping missions.

With a seating capacity of over 1,500 personnel, the auditorium is equipped with advanced audiovisual and IT infrastructure. It also includes dedicated office space, storage facilities, and conference rooms, making it a versatile resource for hosting workshops, strategic meetings, and other large-scale UPDF engagements.

The facility was officially handed over by Mr Palmer Phillip, Director of GPOI.

Speaking at the handover ceremony, the UPDF Chief of Joint Staff, Lt Gen Jack Bakasumba, expressed gratitude to the U.S. government for its enduring support, particularly in promoting peace and combating terrorism in the region and beyond.

“This partnership with the United States, which dates back to 2007, has significantly strengthened our capacity in foreign missions,” Lt Gen Bakasumba said.

He reaffirmed Uganda’s dedication to international peace, stressing the UPDF’s readiness to deploy wherever required.

Brig Gen John Patrick Otongo, Commandant of IPSO TC, commended the engineering teams for their commitment to completing the facility. He acknowledged the vital roles of Lt Gen Bakasumba and Mr Palmer, who first conceived the idea for the auditorium in 2018. He further thanked the U.S. government for its extensive contributions to the UPDF, particularly in infrastructure and equipment development.

Representing the U.S. government, Lt Col Chris Noumba, Defence Attaché to Uganda, hailed the handover as a significant milestone in strengthening military-to-military cooperation.

“This auditorium reflects the strong ties between our two countries and Uganda’s unwavering role in advancing global peace,” he said.

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PostBank’s Wendi disburses Shs1t to PDM beneficiaries

PostBank's Wendi executives.

Wendi, the innovative digital wallet developed by PostBank Uganda, has disbursed an unprecedented Shs1 trillion (about $260 million ) to beneficiaries of the Parish Development Model (PDM).

“We received about Shs500 billion in January this year. As we speak, 100% of that money has been disbursed to all the parish SACCO group accounts, and more than 90% has already reached the individual beneficiaries,” George William Kiyingi, PostBank’s Head of Agent Banking and Fintech Distribution, stated.

“We got another Shs500 billion at the beginning of June and all of that has been dispatched from the bank,” he added.

Wendi has revolutionized access to financial services in rural Uganda, according to Kiyingi.

 “Before Wendi, beneficiaries had to travel long distances — sometimes from Nakapiripirit to Moroto or from Pallisa to Mbale — just to open bank accounts. Now, all you need is a national ID and a phone, and you’re registered in minutes,” he explained.

The platform has successfully onboarded over 1.3 million PDM beneficiaries since 2024, a number that continues to grow.

A crucial aspect of Wendi’s success is its seamless integration with the Parish Development Management Information System (PDMIS), the government’s centralized digital platform for PDM loan management.

“Since February 2024, before any disbursement happens on Wendi, the system automatically checks with PDMIS to verify whether the loan has been approved. If it hasn’t been cleared in PDMIS, the payment fails,” Kiyingi noted.

This integration guarantees transparency, accountability, and prevents errors in disbursement.

Beyond individual beneficiaries, Wendi also reinforces financial governance at the SACCO (Savings and Credit Cooperative Organization) level. Each group account is jointly controlled by three leaders — a chairperson, secretary, and treasurer — requiring unanimous approval for any transaction.

“If even one doesn’t approve, the transaction is rejected,” Kiyingi emphasized, ensuring robust oversight.

Wendi’s impact extends beyond just disbursements; it actively encourages savings and facilitates loan repayment. “We offer up to 10% annual interest on savings made through Wendi,” Kiyingi said, highlighting the incentive to cultivate a savings culture across Uganda.

PostBank plans to offer follow-on loans via Wendi for beneficiaries who successfully repay their initial PDM loans. “We want to move people from subsistence to sustainability,” Kiyingi affirmed, seeing Wendi as more than just a payment channel but a tool for lasting empowerment. PostBank aims to further expand Wendi’s reach across Uganda, striving for comprehensive financial inclusion.

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Museveni warns of rising global instability threatening investment and trade

President Yoweri Museveni.

President Yoweri Kaguta Museveni has raised alarm over what he described as “unpleasant global developments” that are fueling uncertainty in global investment, trade and development financing.

In a statement delivered on his behalf by Finance Minister Matia Kasaija at the 4th International Conference on Financing for Development in Seville, Spain, Museveni pointed to a range of challenges, including armed conflicts, trade wars and renewed global competition for natural resources.

“Unjustified wars in different parts of the world including the Israel-Palestine conflict, the Russia-Ukraine war and now tensions involving Iran combined with skyrocketing tariffs, non-trade barriers, protectionist policies and regional military threats in Africa, are all creating uncertainty for global trade and investment,” Museveni stated.

The President also criticized the misuse of global financial institutions, arguing that their original development-oriented purpose is being compromised.

“Multilateral financial institutions such as the World Bank and IMF need to refocus on their original mandate of development and refrain from being used as tools for geopolitical objectives of some countries,” he said.

Museveni called for a renewal of the global cooperation structures established after World War II, which he credited with helping to maintain peace and facilitate free trade.

“We should reform and preserve the multilateral frameworks which have sustained global peace since World War II and promoted free trade under World Trade Organisation trade rules,” he noted.

He emphasized that Africa, in particular, needs stability and equitable access to global markets in order to advance economically.

“This is the reason why in Africa we are prioritizing strengthening regional markets and intra-Africa trade to be able to expand the markets for exports,” Museveni said.

Rejecting dependency on aid, Museveni instead advocated for value addition to Africa’s natural wealth.

“We are not looking for grants or donations, we are talking about mechanisms where Africa can benefit by adding value to its abundant resources, through accessing technologies, affordable financing and access to markets of our manufactured products,” he noted.

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Gender Ministry to host Vision Zero Africa 2025 Conference at Speke Resort Munyonyo

From August 27 to 29, 2025, Uganda through the Ministry of Gender, Labour and Social Development will host the 3rd International Vision Zero Africa Conference (IVZAC) at Speke Resort Munyonyo, reaffirming the country’s leadership in promoting occupational safety, health and sustainable development in Africa.

Held under the theme “From Commitment to Action – Realising Vision Zero in Africa,” the conference aims to translate policy pledges into measurable actions that reduce workplace harm and foster decent work for all.

The event is organized by the Ministry of Gender, Labour and Social Development in partnership with the Safety and Health Association of Uganda (SHAU), OSHAfrica, the Africa Vision Zero Network and the International Social Security Association (ISSA) particularly its Mining and Construction Sections.

“This is not just a strategy — it’s a movement,” said Prof. Karl-Heinz Noetel from ISSA.

Prof. Karl-Heinz noted, “Countries across Africa are rallying behind the Vision Zero approach: Zero harm. Zero injury. Zero emissions in the world of work.”

Uganda’s hosting of Vision Zero Africa 2025 places it at the forefront of the continent’s push for labour rights, workplace safety and inclusive development. The initiative aligns with the country’s Fourth National Development Plan (NDP IV), Africa’s Agenda 2063, and the United Nations Sustainable Development Goal 8 (Decent Work and Economic Growth).

Since its inception in 2018, the International Vision Zero Conference has grown into Africa’s premier platform for advancing occupational safety and health (OSH). It brings together policymakers, thought leaders, researchers, and practitioners to share insights, best practices, and innovations.

This year’s edition will feature:

·   Global keynote speakers and OSH experts

·  Immersive learning sessions to drive innovation and practical skills

·  High-level networking opportunities for stakeholders and professionals

· Exhibitions showcasing cutting-edge solutions in OSH and Vision Zero compliance

 ·  Access to global safety networks and premium content tailored to Africa’s needs

By convening over 137 clubs and networks of safety professionals, the Vision Zero Africa 2025 Conference aims to stimulate dialogue, promote cross-sector collaboration, and inspire long-term strategies that protect workers and improve well-being.

Hosting this conference is more than a milestone; it’s a continental call to action and signifies building a legacy of safe, inclusive and resilient workplaces across Africa.

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UPDF-operated Helicopter crashes in Mogadishu, AU launches rescue operation

Site where the plane crashed.

A helicopter operated by the Uganda Peoples’ Defence Forces (UPDF) under the African Union Support and Stabilization Mission in Somalia (AUSSOM) crash-landed early Wednesday morning near Aden Abdulle International Airport in Mogadishu.

The aircraft, which was en route from Baledogle military airbase, went down at approximately 7:30 a.m., moments before landing.

“Three of the eight passengers on board were immediately rescued and rushed to the African Union Support and Stabilisation Mission in Somalia (AUSSOM) Level II hospital in Mogadishu for medical attention,” AUSSOM said in a statement.

Efforts to locate and rescue the remaining crew and passengers are actively ongoing.

“Search and rescue operations are currently underway to retrieve the remaining crew and passengers,” the statement added.

Aviation authorities have since launched an investigation into the cause of the crash.

“Aviation authorities have commenced investigations to establish the cause of the accident,” AUSSOM confirmed.

The African Union and UPDF have not yet released the identities of those aboard. Updates are expected as the situation unfolds.

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EABC, AfDB sign Shs3.8b agreement to boost sustainable industrialization

The East African Business Council (EABC) and the African Development Bank (AfDB) have signed a $1 million (Shs3.8 billion) grant agreement to drive sustainable industrialization in East Africa.

The signing marks a milestone in advancing regional economic integration, growth, and the competitiveness of East African Community (EAC) priority manufacturing value chains of edible oil, leather and textiles.

Speaking at the signing ceremony, Mr. Adrian Njau, Acting Executive Director EABC said “We are thrilled to partner with AfDB on this vital project that paves the way for stronger regional value chains, greater market access, and inclusive growth that benefits businesses and communities across East Africa.”

The EAC Industrialization Policy and Strategy (2012-2032) targets to raise the manufacturing share of GDP to at least 25% from an average of 10% by 2032.

The grant will enhance industrial capacity through technical assistance, research, policy dialogue, and capacity building. The project will strengthen the East African private sector to seize trade and investment opportunities availed by the EAC Custom Union and Common Market Protocols and the 1.3 billion consumer market under African Continental Free Trade Area (AfCFTA).

This will be through enhancing public private policy dialogue, evidence based advocacy to unlock barriers to in the selected priority value chains.

Environmental, Social, and Governance (ESG) principles and gender inclusion are critical in fostering inclusive and sustainable industrialization through the effective integration of SMEs, women, and youth value chain actors. Over 1,500 industries including SMEs will directly benefit from the project.

This initiative aligns with EABC’s mission to foster a conducive business environment and sustainable private sector-driven growth, as well as AfDB’s commitment to scale up and accelerate industrialization through the manufacturing sector across all African regions by 2033, as outlined in the Bank Group’s Ten-Year Strategy (2024-2033), and builds on the Integrate Africa High 5 vision.

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Rotary Uganda to implement Shs17b projects focused on impact, transparency & sustainability

Rotary District 9213 Governor Geoffrey Martin Kitakule.

Rotary in Uganda has unveiled an ambitious plan to implement projects worth approximately Shs17 billion (about $5 million) this year with a strong emphasis on holistic community impact, transparency and sustainable development.

Speaking to journalists on Tuesday, Rotary District 9213 Governor Geoffrey Martin Kitakule announced that 137 Rotary clubs under his leadership will spearhead efforts to identify and respond to pressing community needs across the country.

“We want to ensure the impact we have in the community is holistic. In terms of goals and targets, this year, we are looking at raising over $1 million through Rotarians and by that we will be able to implement projects in communities of up to $5 million,” Kitakule said.

The District Governor outlined key focus areas for the 2025 initiatives, including promoting peace, fighting disease, improving access to clean water, supporting education, protecting the environment, saving mothers and children, and strengthening local economies.

“Ours is a business of changing lives of those not advantaged as us,” he explained.

He added, “The business of making sure the environment stays and improves, providing care to mothers to give birth in a healthy environment. This year we are not only going to implement our projects but also tell the world and members what we have done before, and by doing that, people will appreciate more what Rotary does.”

Kitakule emphasized a collaborative and inclusive approach, saying Rotary will engage more with local leaders and partners to ensure a deeper and longer-lasting community impact.

“This year we will continue working with leaders in communities and partners to make a difference in people’s lives. We want to make a lasting legacy to communities we have worked in and impacted. We want to reach out so that people understand the impact we have done in communities,” he added.

He further noted, “Through the 137 clubs, we want to consolidate and ensure sustainability of our projects so that impact is felt within communities.”

The District’s priorities align closely with the United Nations Sustainable Development Goals (SDGs), reflecting Rotary’s global commitment to people-centered development and environmental stewardship.

Rotaract District 9213 Representative Abesage Nahabwe also spoke at the briefing, revealing this year’s theme for young Rotary members: “Unite for Good.” Noting, “We are united for a good cause because isolation doesn’t deliver results but together we can do more. We are looking at creating an everlasting impact.”

Nahabwe added that unite for good is a very good message and doesn’t only come to Rotarians and Rotaractors but everyone. Adding, “We want to listen more to communities, peers, and the world around us so that as we serve, we are tackling the real problems and solving exactly that.”

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Gen. Muhoozi tightens rope on thieving Engineering Brigade as top commanders are arrested

The arrested, Brigadier Bekunda Besigye.

The other unit that is under investigation is the fuel department.

The Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba has ordered the immediate arrest of Brigadier Bekunda Besigye, the Joint Staff Chief Engineering and several senior officers attached to the UPDF Engineers Brigade over alleged corruption and misuse of public funds.

In a statement, Gen Muhoozi accused the implicated officers of betraying the core values of the Uganda People’s Defence Forces, especially its commitment to self-sufficiency and integrity.

“Yesterday, I ordered the arrest of Brig. Bekunda Besigye and other officers of the Engineers Brigade,” Gen Muhoozi declared.

He noted, “They poisoned, contaminated and desecrated a sacred principle we have always embraced as UPDF i.e. we can be self-sufficient, we can be efficient.”

The accused officers allegedly received large sums of money meant for construction and engineering works under the UPDF and misappropriated the funds, undermining both efficiency and public trust.

“They received monies and misused it! Let their punishment serve as a lesson to others,” Muhoozi said.

Eagle Online has learnt from sources that some of the arrested individuals were lending money to the Engineering brigade and had conspired most constructors who are majorly Chinese companies in the syndicate.

“We have evidence of these individuals’ lending money to the very unit employing them. Actually, one accountant meant to pay and procure goods and service on behalf of the unit was now lending the unit”. A source told this website.

The said accountant who is said to be wealthy is at the rank of Lieutenant Colonel and hails from the South Western district of Kisoro is extremely rich that he owns over 50 Sino-trucks which he hires out to the construction unit. Others under investigations are two accounts at the rank of Colonel. It is said that although Brig. Besigye and Col. Tukamwakira have been arrested, the man is the storm is this accountant who seem to have survived storms right from the early 1990’s. He is said to be a smooth operator that he has managed to swim the storms but remains at the helm of things.

Sources say the CDF is mooting the idea of attaching their property that is scattered all over greater Kampala and other parts for auction in order to recover the money.

In a shocking escalation, the CDF warned that harsher consequences await those who have plundered public resources on an even larger scale.

In one the incidences during the interrogations and search on the officials, the investigators recovered Shs1.5 billion which was being transferred to the bank account of Brig. Besigye and the money has since been intercepted and is going to be used as evidence against him at the court marital which source told Eagle Online will soon resume in August after the ongoing constitution of the court leadership is complete. Col. Godfrey Tukamwakira who is Brig. Besigye deputy has been in Makindye barracks for close a month after the audit implicated the unit.   

The other unit that is under investigation is the fuel department.

“For those who have stolen more than Shs1 billion from the people of Uganda, we shall put them in front of a firing squad!” he warned.

Severely, Gen Muhoozi has emphasized that corruption and mismanagement pose serious threats to the force’s operational efficiency and the welfare of its soldiers.

“Any individual or group with selfish interests—whether corruption, misappropriation of resources, or mismanagement of any kind—must reform immediately or leave our cherished UPDF before they are exposed,” he warned.

Muhoozi expresses the most forceful anti-corruption stances by the UPDF’s top leadership in recent years, signaling a zero-tolerance policy on internal graft.

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