Author: Admin

MultiChoice Uganda has officially launched a new set of 7-day subscription packages for DStv and GOtv customers, under a flexible and affordable initiative dubbed the “Ka Weekie” campaign. The new campaign aims to offer more accessible short-term entertainment solutions, especially for viewers seeking flexibility without committing to full monthly subscriptions. With this move, MultiChoice is responding to the needs of customers with varying income streams and viewing habits. Speaking at the launch, Colin Asiimwe, Head of Marketing at MultiChoice Uganda, noted that the initiative is rooted in customer feedback and evolving consumer lifestyles. “This new initiative reflects our understanding of…

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MultiChoice Uganda has launched a new flexible subscription model that allows DStv and GOtv users to access their favorite entertainment for just seven days, in a campaign dubbed Ka Weekie. The initiative is designed to give customers more affordable and convenient options in line with their viewing habits and economic realities. Colin Asiimwe, Head of Marketing at MultiChoice Uganda, emphasized that the new offering responds to the evolving needs of Ugandan customers. “This new initiative reflects our understanding of how our customers’ lives are structured. It is also a reflection of a business attuned to its customer feedback. We hope…

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China’s private sector saw robust industrial output growth in the first quarter of 2025, with its investment in manufacturing and innovation-driven development also accelerating. The sector, constituting more than 90 percent of enterprises in the world’s second-largest economy, has forged ahead with steady expansion as the country reaffirms unswerving support for the sector’s growth amid challenges and difficulties. In the latest episode of the China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, guest speakers focused on the important messages from a high-level symposium on private enterprises held in February, sharing insights on the private sector’s challenges…

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For 12 years, I worked within the walls of the Uganda Revenue Authority, with a slogan before me, “Developing Uganda Together and the weight of responsibility”. My role was clear: promote compliance, taxpayer education, service delivery and collect revenue as an outcome to support the nation’s growth. In many cases from my vantage point, businesses were entities with deep pockets, and many times you would think some are reluctant to part with their hard-earned profits. I saw their reluctance to comply with tax laws as a challenge to be overcome. But life had other plans. After a decade and 2…

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The Uganda Bankers Association (UBA) has launched the Anti-Fraud Consortium to combat financial cyber crimes.   The consortium brings together regulators, supervised financial institutions, payment providers, law enforcement, and the public to anticipate, detect, prevent and respond to financial fraud with clarity and consistency. Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems, and Chairman of the Financial Sector Anti-Fraud Consortium, said that the consortium aims to strengthen regulation against fraud and increase public trust in the financial sector. Tumubweine also noted that the consortium is proposing a total ban on individuals convicted of fraud-related offences from accessing any financial…

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China is implementing a series of targeted measures to foster a favorable environment for private enterprises and promote growth in the private sector, said an official with the country’s top economic planner. These initiatives focus on easing financing constraints, boosting investment, promoting trade, enhancing talent development and encouraging innovation, said Liu Min, deputy head of the private economy development bureau under the National Development and Reform Commission, during the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency. The private sector plays a key role in China’s economy, making up more than 90 percent…

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Airtel Uganda, in partnership with MOGO Uganda and Transsion Holdings, has launched an innovative smartphone financing initiative aimed at making quality smartphones more accessible and affordable to Ugandans across the country. In a bold move to address the persistent “device divide”, the economic barrier that prevents millions from participating in Uganda’s digital economy. This partnership will enable customers to own brand-new smartphones from leading brands Tecno, Infinix, and Itel with a simple and affordable financing plan.   Customers can walk into any MOGO Uganda retailer or select Airtel Service Centers, present their National ID, choose a smartphone of their choice,…

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The National Enterprise Corporation (NEC), the business arm of the UPDF, has, in conjunction with STREIT (U) Ltd, launched their first armoured vehicle showroom outside their Nakasongola factory. NEC-Streit, a joint venture between the two companies, was formed in 2022 to produce armoured vehicles, initially for the security forces, but later expanded to civilian use vehicles. The showroom located at Abayita Ababiri along the Kampala-Entebbe road was aimed at easing access to the products, especially by civilians, since the factory is located in Nakasongola Army Base, a not-so-friendly environment to civilians, according to Lt Gen James Mugira, Managing Director at…

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The European Union (EU) on Wednesday imposed fines totaling 700 million euros (798.7 million U.S. dollars) on American tech giants Apple and Meta, a move expected to intensify already strained transatlantic trade relations. Apple received a 500-million-euro fine for preventing app developers from informing users about alternative purchasing options outside its App Store, violating the EU’s Digital Markets Act (DMA) anti-steering provisions, according to the Commission. Apple’s rules hindered developers from fully benefiting from external distribution channels and restricted consumers from accessing potentially cheaper offers available outside the App Store, the Commission said in a statement. Meta, the parent company…

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PostBank Uganda has recorded a 24% growth in its agribusiness loan book between 2023 and 2024, reflecting the bank’s robust commitment to transforming Uganda’s agricultural sector. “This growth is a testament to the success of PostBank’s strategic shift toward value chain financing and risk management in agricultural lending. By recognizing agriculture as a complex ecosystem rather than just a production process, PostBank has positioned itself as a key partner in the sector’s transformation,” the bank said in a statement.   This new approach, the statement added, supports not only large-scale commercial farmers but also smallholder farmers engaged in critical value…

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