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PRESIDENT OF UGANDA UGANDA UGANDA SECTION 2020 EDITION PRESIDENT OF THE REPUBLIC OF UGANDA H.E. YOWERI KAGUTA MUSEVENI East African Manufacturers & Investors Directory East African Manufacturers & Investors Directory 129 UGANDA PROFILE UGANDA UGANDA Uganda Profile ganda officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the southwest Uby Rwanda, and to the south by Tanzania. Uganda is the world’s second most populous landlocked country after Ethiopia. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile basin, and has a varied but generally a modified equatorial type of climate. Uganda takes its name from the Buganda kingdom, which encompasses a large portion of the south of the country, including the capital Kampala. The people of Uganda were hunter-gatherers until 1,700 to 2,300 years ago, when Bantu- speaking populations migrated to the southern parts of the country. Environment and conservation The Crested crane is the national bird. Conservation in Uganda Uganda has 60 protected areas, including ten national parks: Bwindi Impenetrable National Park and Rwenzori Mountains National Park (both UNESCO World Heritage Sites[43]), Kibale National Park, Kidepo Valley National Park, Lake Mburo National Park, Mgahinga Gorilla National Park, Mount Elgon National Park, Murchison Falls National Park, Queen Elizabeth National Park, and Semuliki National Park. Economy and infrastructure The Bank of Uganda is the central bank of Uganda and handles monetary policy along with the printing of the Ugandan shilling. Uganda’s economy generates export income from coffee ($466.6 million annually), tea ($72.1 million), fish ($136.2 million), and other products. The country has commenced economic reforms and growth has been robust. In 2008, Uganda recorded 7 percent growth despite the global downturn and regional instability. Uganda has substantial natural resources, including fertile soils, regular rainfall, and sizeable mineral deposits of copper and cobalt. The country has largely untapped reserves of both crude oil and natural gas. While agriculture accounted for 56 percent of the economy in 1986, with coffee as its main export, it has now been surpassed by the services sector, which accounted for 52 percent of GDP in 2007. In the 1950s, the British colonial regime encouraged some 500,000 subsistence farmers to join co-operatives. Since 1986, the government (with the support of foreign countries and international community has acted to rehabilitate an economy devastated during the regime of Idi Amin With the Uganda securities exchanges established in 1996, several equities have been listed. The government has used the stock market as an avenue for privatization. All government treasury issues Uganda traditionally depends on Kenya for access to the Indian Ocean port of Mombasa. Efforts have intensified to establish a second access route to the sea via the lakeside ports of Bukasa in Uganda and Musoma in Tanzania, connected by railway to Arusha in the Tanzanian interior and to the port of Tanga on the Indian Ocean. Uganda is a member of the East African Community and a potential member of the planned East African Federation. Uganda has a large diaspora, residing mainly in the United States and the United Kingdom. This diaspora has contributed enormously to Uganda’s economic growth through remittances and other investments (especially property). According to the World Bank, Uganda received in 2014 an estimated $994 million in remittances from abroad. Uganda also serves as an economic hub for a number of neighboring countries like the Democratic Republic of Congo, South Sudan and Rwanda. 130 East African Manufacturers & Investors Directory East African Manufacturers & Investors Directory UGANDA UGANDA East African Manufacturers & Investors Directory East African Manufacturers & Investors Directory 131 131 UGANDA UGANDA 132 East African Manufacturers & Investors Directory East African Manufacturers & Investors Directory 132 ADVERTISING, MARKETING & PROMOTIONS, AGRICULTURAL PRODUCE, EQUIPMENT, UGANDA AGRICULTURAL DEVELOPMENT AGENCIES UGANDA ADVERTISING, MARKETING & INTERAFRICA COMMUNICATIONS SERVICES LIMITED PROMOTIONS P.O. Box 1988 Kampala Uganda st ATOM OUTDOOR LIMITED Musana Plaza 1 Floor Ntinda -Kisaasi Road Plot 932-13, Entebbe Road Tel. +256-772353292/ 700456856 P.O Box 23126, Kampala Email: [email protected] Tele +256 (414) – 274083 Website: www.eamanufact.com Mobile: +256 (75)2 – 401014 Email: [email protected] Services: Publishing and Advertising, Marketing Service: Outdoor advertising, Billboards, Product: East African Manufacturers’ Directory. Maxilities, Suburb signs, Street finders East African Education Directory and Magazines Contact Person: Mbuga CAPITAL OUTDOOR Nabunya Road, P.O Box 31493, Kampala Tel: +256 (414) – 272727 Email: [email protected] [email protected], Branding of Signage awards / Plaques & Services: Outdoor Advertising [email protected] Corporate Promotional Gifts Website: www.fidelityadvertising.com Unique Selling Point: In-house Signage CITY CLOCK (U) LIMITED Products / Services: Advertising Agency Manufacturing and branding workshop Plot 26, Bukoto Street, Kamwokya P.O Box 27404, Kampala JUDE COLOUR SOLUTIONS LTD VIRGIN EXPERIENCE LTD Tel: +256 (414) – 540365/6 Johnson Street, Prime Complex. Shop JK Building Ntinda, Block A, Suite A1, Email: [email protected] C24 P.O Box 10924, Kampala Service: outdoor Advertising P.O Box 33833, Kampala Mobile: +256(77)2-208181 Tel: +256(77)2-459129, (77)5-097867, Email: [email protected] COLOUR IMAGES E.A. LTD (70)4-606152, (78)7- 426871 [email protected] Corner House, Mawanda Road Email: [email protected] Website: www.virgin-xperience.com Tel: +256 (75)2 345345 [email protected], Products / Services: Marketing & Email: [email protected] [email protected] Communications firm. Products / Services: Printing & Product /Services: Corporate wear, Publishing promotional VR PROMOTIONS LIMITED Items, Cystal awards, occasional gifts & Plot 7A John Babiha Road (former Acacia) CONTE DESIGNERS & ARTISTS LTD printing P.O Box 1718, Kampala UMA Show grounds Behind UMA offices) PRIME MEDIA NETWORK LIMITED Tel: +256 (414) – 344115 P.O Box 41, Kampala Plot 4B Malcom X Road, Kololo, Email: [email protected] Tel: +256(77)2-697771, (75)3-697771, P.O Box 24506, Kampala Website: www.vrprom.com (70)1-697772, Wattsapp: +256 (75)3- Tel: +256 (414) 237111 697771 Mobile: +256 (79)4 – 237111 AGRICULTURAL PRODUCE, Email: [email protected], Email: [email protected] [email protected] [email protected] EQUIPMENT, Products/Services: Computer Aided Facebook: https://www.facebook.com/ AGRICULTURAL DEVELOPMENT Graphics, primedianetwork AGENCIES Interior designing. Expo Displays, Vehicle Website: www.primedia.co.ug Branding, Outdoor media Ads & Printing. Products / Services: Media & Advertising AGRO MANAGEMENT UGANDA LIMITED Materials, Assembling Advertising Boards, Crematorion Road, Kabale EXECUTIVE PROTOCOL SERVICES LTD Screen Advertising Materials, and Street P.O Box 20 Kabale Namanve Industrial Park, P.O Box 7005, Furniture (Trash Bins) Tel: +256 (486) – 23190, 23049 Kampala Product, Pyrethrum extracts (25% crude) Tel: +256(414)-253759 MEDIA CONSULTANTS LIMITED nd Mobile: +256(77)6-493747 Plot 83 2 Street AGRO-GENETIC TECHNOLOGIES LTD Email: [email protected] P.O Box 213, Kampala Buloba, Mityana Road Website: www.executiveprotocolservices. Tel: +256 (414) – 231212 P.O Box 11387, Kampala com Services: Advertising agency, marketing Tel: +256 (414) – 371186 Products/Services: Protocol Services consultants, creative designers Mobile: +256 (77)2-585211 & Public relations Contact person, Erostus W.N Nsubuga, TAHA INVESTMENTS (U) LTD chief Executive FEDELITY ADVERTISING LTD GF-03, Jenna Plaza, Nkrumah Road, Email: www.agtafrica.com Plot 55 Kira Road, Kamwokya, GPD) Services: Science Applications for P.O Box 1475. Kampala 8H6M+G7 P.O Box 5952, Kampala Development Tel: +256(78)5-817420, (78)9-840625, Tel: +256(77)6-525321, (75)7-215253 (75)4-672047, (77)3-277789, (75)0- Mobile: +256(75)5 -215253 AGRI EXIM LTD 555370 Whatsapp: +256(79)2-025554 Along Jani close road, Lira P.O Box 891, Email: [email protected] Email: [email protected] Jinja [email protected], Products / Services: Manufacturing and Mobile: +256(75)7-701962/3/4, [email protected] (75)9-701966 East African Manufacturers & Investors Directory East African Manufacturers & Investors Directory 133 AGRICULTURAL PRODUCE, EQUIPMENT, AGRICULTURAL DEVELOPMENT AGENCIES UGANDA UGANDA Email: [email protected] 422281 ORGANISATION Products / Services: Cotton Contact Person: Kartik Patel, Finance Plot 15, Clement Hill Road, Nakasero Controller Pilkington Road, 2nd Floor, NIC Annex, AGRO WAYS (U) LTD Email: [email protected] 4th floor, Simbamanyo House Plot 34-60 Kyabazinga Highway, Jinja Website: www.bajabermillers.com P.O Box 7018, Kampala P.O Box 1924, Kampala Services: Grain Millers Tel: +256 (414) – 230309, 254383, Tel: +256(434) 660419 232968/75 Mobile: +526 (77)2 -404245 BAKHITA TWASE PRODUCE LTD Email: [email protected] Email: [email protected], Mbalwe - Kyaliwajjala, Kira Town Council Services:
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    Uganda Bankers’ Association Annual Report 2020 Promoting Partnerships Transforming Banking Uganda Bankers’ Association Annual Report 3 Content About Uganda 6 Bankers' Association UBA Structure and 9 Governance UBA Member 10 Bank CEOs 15 UBA Executive Committee 2020 16 UBA Secretariat Management Team UBA Committee 17 Representatives 2020 Content Message from the 20 UBA Chairman Message from the 40 Executive Director UBA Activities 42 2020 CSR & UBA Member 62 Bank Activities Financial Statements for the Year Ended 31 70 December 2020 5 About Uganda Bankers' Association Commercial 25 banks Development 02 Banks Tier 2 & 3 Financial 09 Institutions ganda Bankers’ Association (UBA) is a membership based organization for financial institutions licensed and supervised by Bank of Uganda. Established in 1981, UBA is currently made up of 25 commercial banks, 2 development Banks (Uganda Development Bank and East African Development Bank) and 9 Tier 2 & Tier 3 Financial Institutions (FINCA, Pride Microfinance Limited, Post Bank, Top Finance , Yako Microfinance, UGAFODE, UEFC, Brac Uganda Bank and Mercantile Credit Bank). 6 • Promote and represent the interests of the The UBA’s member banks, • Develop and maintain a code of ethics and best banking practices among its mandate membership. • Encourage & undertake high quality policy is to; development initiatives and research on the banking sector, including trends, key issues & drivers impacting on or influencing the industry and national development processes therein through partnerships in banking & finance, in collaboration with other agencies (local, regional, international including academia) and research networks to generate new and original policy insights. • Develop and deliver advocacy strategies to influence relevant stakeholders and achieve policy changes at industry and national level.
  • Notes to the Financial Statements 34

    Notes to the Financial Statements 34

    Secure Online Payments Open your online store to international customers by accepting & payments. Transactions are settled NO FOREX UGX USD in both UGX and USD EXPOSURE Powered by for more Information 0417 719229 [email protected] XpressPay is a registered TradeMark Secure Online Payments 2016 ANNUAL REPORT Open your online store to international customers by accepting & payments. Transactions are settled NO FOREX UGX USD in both UGX and USD EXPOSURE Powered by for more Information 0417 719229 [email protected] XpressPay is a registered TradeMark ENJOY INTEREST OF UP TO 7% P.A. WITH OUR PREMIUM CURRENT ACCOUNT INTEREST IS CALCULATED DAILY AND PAID MONTHLY. CONTENTS Overview About Us 6 Our Branch Network 7 Our Corporate Social Responsibility 8 Corporate Information 11 Governance Chairman’s Statement 12 Managing Director/CEO’s Statement 14 Board of Directors’ Profiles 18 Executive Committee 20 Directors’ Report 21 Statement of Directors’ Responsibilities 23 Report of the Independent Auditors 24 Orient Bank Limited Annual Report and Consolidated 04 Financial Statements For the year ended 31 December 2016 OVERVIEW GOVERNANCE FINANCIAL STATEMENTS Financial Statements Consolidated Statement of Comprehensive Income 26 Bank Statement of Comprehensive Income 27 Consolidated Statement of Financial Position 28 Bank Statement of Financial Position 29 Consolidated Statement of Changes in Equity 30 Bank Statement of Changes in Equity 31 Consolidated Statement of Cash flows 32 Bank Statement of Cash flows 33 Notes to the Financial Statements 34 Orient Bank Limited Annual Report and Consolidated Financial Statements For the year ended 31 December 2016 05 ...Think Possibilities ABOUT US Orient Bank is a leading private sector commercial Bank in Uganda.