Corporate Biz 12.Indd

ADVERTORIAL NEW VISION, Thursday, June 8, 2017 27 NEws AND EVEnts FROM THE CORPORatE woRLD corporatenews MTN rewards dealers ‘Akola obulungi asimibwa’ be the ambition for those is a Luganda phrase loosely Winners were who are not here to strive translated as ‘he who hard to be here next year,” performs well is appreciated’. determined he said. This phrase came to pass last basing Vincent Bagiire, the week when MTN Uganda permanent secretary in the gathered its best dealers of on their ICT ministry, described the 2016 to reward them for their partnership between Uganda excellent performance. compliance, and MTN as one that has Winners walked away with contributed to the economic Tuk-Tuks (three-wheeled digital airtime development of Uganda taxis), motorbikes, float sales and float through Gross Domestic recapitalisation, flat screen Product growth, provision of TV sets, shopping vouchers availability employment and investment and hard cash. in technology. Winners were determined attributed it to teamwork. He said the company has basing on their compliance, Wim Vanhelleputte, MTN indirectly contributed to digital airtime sales and float Uganda’s chief executive foreign direct investments availability. officer, hailed the winners through stabilising networks. A representative from and urged the others to “The stability of the Otada Holdings, who walked borrow a leaf from them for sector provides an enabling away with the biggest prize their improvement. environment for government of five Tuk-Tuks, thanked “I feel proud that you are to attract private investors God for the victory and part of this company. Let this into the country,” he said. Winners from Hoima celebrate victory n PARTNERSHIPS n TECHNOLOGY The executive director of the National Information Technology Authority Uganda (NITA-U), James Saaka (second-left), explaining to the Microsoft team various e-Government services supported by National Backbone Infrastructure across Uganda during the World Bank Open Day in Kampala last week Kasibante (second-right) and other officials during the launch n TRAINING of the fundraising for the construction of an accident ward Entrepreneurs trained in financial literacy Centenary Bank, Movit to jointly About 45 entrepreneurs and business managers have attended a financial sponsor Nkozi Hospital marathon literacy training organised by the Centenary Bank and Movit Kampala. It receives an average Uganda Small Scale Industries products are sponsoring the of 25 accident victims a week, Association (USSIA) and the KCB Nkozi Hospital marathon to raise hence the urgent need for an Foundation. funds for the construction of an emergency ward. Speaking at the training held in accident ward. Speaking at Mapeera House Kabarole district last week, David The marathon, expected to take in Kampala, the vicar general Mulya, an International Labour place on June 17, will be flagged of Kampala, Msgr Charles Organization (ILO) trainer, said: off at the Equator at Kayabwe by Kasibante, called upon all “Financial literacy is what determines Emmanuel Cardinal Wamala and Ugandans to make financial whether a business thrives or dies. end at Nkozi University. contributions towards the It is, therefore, important that all The Speaker of Parliament, hospital’s proposed accident businesses acquire those skills.” Trainees posing for a photo after the KCB training Rebecca Kadaga, will be chief ward. Over 340 small and medium runner of the 5km-race, while He revealed that the enterprises will receive training in have so far been trained in Mbale, growth in their communities.” Prince David Wasajja will be chief construction of the emergency business and financial management Lira, Gulu, Arua and Hoima. Joseph Musinguzi, a businessman runner for the 10km category. ward needs sh2.8b. “We call as a result of KCB’s partnership with Emmanuel Njuki, the KCB brand based in Fort Portal, said the training Nkozi Hospital, located 82km upon the Government to come USSIA across the country. and communications manager, said: will boost their abilities in handling on the Kampala-Masaka road, is to the rescue of the hospital,” he Through the foundation, KCB “This training is held under our businesses. a 75-year-old Catholic mission added. Centenary Bank donated has invested sh342 million in enterprise development thematic “The training is so good because we health facility and the only major sh7m towards the marathon and transforming communities where area aimed at growing small and have acquired several new ideas of hospital between Masaka and Movit, sh20m. they do business. medium enterprises in the hope that handling bunisses and handling our Mulya said over 230 businesses their growth will lead to even more finances,” Musinguzi said. To appear on this page, send details and pictures to [email protected] .

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