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2017, Was an Interesting Year in Banking Industry, 2018 Promises to Be Even More Exciting

By: Wilbrod Humphreys Owor  As the period for publication of bank financial reports gets underway, it is a good time to start sharing reflections on the year 2017. The year began with continued slow credit growth resulting from spillover effects of slow economic activity and high non-performing loans whose share to gross loans

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CCBA Invests $8.35M in New Manufacturing Line

Coca-Cola Beverages Africa (Uganda) has today officially broken ground for a brand new US$8.35million (UGX 30.7billion) Manufacturing Line to bottle more. The new bottling line at the Coca-Cola Beverages Africa (Uganda) Namanve site operated by Century Bottling Company will have a capacity of producing 24,000 bottles an hour, accelerating the production

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Vivo Energy’s Tweddeko Named Best CSR Campaign in PRAU Awards

Vivo Energy Uganda, the distributor and marketer of Shell branded fuels and lubricants in Uganda has received the award for best corporate social responsibility campaign for its 2017 Road Safety Campaign Tweddeko. The Tweddeko - Every life matters campaign was aired on NTV Uganda three times, every week day, and it

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Coca-Cola to Give Out Shs 108M in World Cup Under-the-Crown Promo

Following a highly successful FIFA World Cup Trophy Tour, beverage giant Coca-Cola has today launched a new three-month Under The Crown promotion that will see approximately 207,000 Ugandans get rewarded with exciting prices by simply consuming a Coca-Cola product. Dubbed ‘Samba Ne Coca-Cola’, Coca-Cola has partnered with World Cup Official broadcaster

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Equity Bank Showcases Biometric Card Solutions for Refugees

Equity Bank Uganda and the United Nations Capital Development Fund (UNCDF) have Tuesday showcased the technology, process and applicability of biometric card solutions that will enable secure electronic cash transfer to refugees. The solution was developed as part of Equity Bank an UNCDF’s partnership to drive financial inclusion in Uganda under

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Women Roll Out Grand Campaign Against Drunk Driving

Ahead of women’s day, Uganda Breweries Limited (UBL) under their responsible drinking Red Card initiative, has rolled out a responsible drinking campaign spearheaded by women and aimed at reducing drunk-driving traffic fatalities and general alcohol abuse in society by people who do not choose to enjoy alcohol responsibly The campaign, Dubbed

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Ecobank Fintech Boosts Financial Inclusion in Africa

Fintech is boosting financial inclusion across Africa, according to Ecobank, the leading independent pan-African banking group, a pioneer in Africa’s digital transformation. Although over 80% of Africans have mobile phones, only around one quarter (28%) of them have bank account. But mobile banking and e-wallets are helping to break the banking

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