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Pride Bank launches SACCO, investment club product in Mbarara

Mbarara, Uganda | THE INDEPENDENT | Pride Bank Limited launched a new SACCO and Investment Club Product in Mbarara, a move the institution says will expand financial inclusion by giving savings groups better access to structured credit, training, and business support. The product is designed for SACCOs, Village Savings and Loan Associations (VSLAs), …

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1 killed, 3 injured in al-Shabab ambush in eastern Kenya

GARISSA, Kenya | Xinhua | At least one person was killed, and three others injured on Thursday evening after al-Shabab militants ambushed a security team in Garissa County in eastern Kenya near the border with Somalia, police confirmed on Friday. Police said the casualties were among a group of the …

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Ugandan marketer named fellow of UK Chartered Institute of Marketing

United Kingdom | Patricia Akankwatsa | Ugandan marketing professional Racheal Ssenyondo has been awarded the title of Marketing Fellow by the Chartered Institute of Marketing (CIM) in the United Kingdom, one of the highest recognitions in the profession. The fellowship, conferred to senior marketers with outstanding experience and contributions to the industry, marks a major milestone …

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TECNO launches Spark 40 Series, warns against counterfeits

Kampala, Uganda | Patricia Akankwatsa | Smartphone maker Tecno has unveiled its latest Spark 40 Series in Uganda, introducing the Spark 40 Pro Plus, Spark 40 Pro, and the ultra-thin Tecno Slim, as the brand pushes to cement its foothold in Africa’s mid-range smartphone market. The launch was led by Tecno Product Consultant Bruce Dickson, …

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UPDF reports clashes with ADF in eastern DRC

KAMPALA, UGANDA | Xinhua | The Ugandan military said on Thursday that it lost two soldiers and killed three Allied Democratic Forces (ADF) militants in clashes on Wednesday in the jungles of the eastern Democratic Republic of the Congo (DRC). In a statement issued in Kampala, the Ugandan capital, the …

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IRA’s Kaddunabbi urges accountants to make insurance the pillar of Uganda’s social cohesion

Entebbe, Uganda | Julius Businge | Kaddunabbi Ibrahim Lubega, the chief executive officer of the Insurance Regulatory Authority (IRA), has challenged Uganda’s accountants to transform their profession and safeguard the nation by championing personal insurance. Speaking at the 30th Annual Seminar of the Institute of Certified Public Accountants of Uganda …

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