Business – AfricaMashariki.com

Blue Crane Communications (BCC) goes beyond providing internet services,offering Electrical, Mechanical, and energy solutions in Uganda.

December 9, 2024December 9, 2024 admin

As one of the fastest-growing tech companies in Uganda, BCC has expanded its scope into the mechanical & electrical, and automation sectors, cementing its reputation as a leader in systems integration. Robert Muramuzi, Head of the Mechanical & Electrical department, stated that, in addition to its competitive connectivity services, the company has enhanced its offerings

Growing Middle-Class Boosts Carrefour’s Growth in Uganda

June 27, 2024June 28, 2024 elvis

As Uganda’s economy grows and the middle class expands, the supermarket sector is experiencing a significant transformation. Global supermarket brands, such as Carrefour, are not only capitalizing on this economic upswing but also actively shaping consumer behaviors and preferences in the country. In his recent budget reading, Finance Minister Matia Kasaija highlighted that Uganda’s economic

How Uganda’s EFRIS Tax Reforms Disrupted Retail Loyalty Programs

May 14, 2024June 5, 2024 admin

The battle for customer loyalty in Uganda has taken a significant and unexpected turn. Traditionally, loyalty programs have been a crucial tool for retailers worldwide, fostering customer retention and driving sales. However, a surprising shift is unfolding in Uganda. Major retail chains such as Capital Shoppers and Quality Supermarket have suspended their loyalty programs, with

FINCA broadens approach to ending poverty in Uganda

May 7, 2024May 14, 2024 admin

As the global FINCA network celebrates 40 years of tackling poverty through financial inclusion, FINCA Uganda has intensified its efforts to improve the lives of small entrepreneurs and cooperatives by offering a variety of support services that keep them on track towards self-reliance. FINCA Uganda’s microfinance services are complemented by financial education, technical assistance and

Housing Finance Bank Reports 11.3% Growth in Net Profits Driven by Digital Transformation and Revenue Diversification Efforts.

April 30, 2024 admin

Housing Finance Bank has announced a profit after tax of Ushs 65.1 billion for the financial year ended December 31, 2023. The Bank attributed the 11.3% year-on-year growth in net profits to digital transformation and revenue diversification efforts. In the period under review, Housing Finance Bank also demonstrated significant growth in other key parameters, with

Carrefour Sponsors Kyambogo Ultra Challenge Run to Promote Healthy Living

April 30, 2024 elvis

Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in Uganda, has announced a UGX 7 million sponsorship of the Kyambogo Ultra Challenge Run scheduled for the 4th of May starting at the Kyambogo University Cricket Oval. The sponsorship is in line with Carrefour’s commitment to the health and well-being of the communities

Common Card Payments Myths and Misconceptions by Ugandans Debunked

March 1, 2024March 4, 2024 admin

The landscape of financial payments in Uganda is rapidly evolving as consumers increasingly prioritize convenience and speed in their payment methods. The surge in demand for digital payment services reflects this trend, with mobile money transactions experiencing a notable 7.7 percent increase in volume and a 2.9 percent uptick in value, soaring to UGX 62.2 trillion

Why More Ugandans Should Switch to Card Payments - Visa

Why More Ugandans Should Embrace Card Payments

February 7, 2024February 13, 2024 admin

Uganda’s digital payments landscape is undergoing a transformative shift, accelerated by the COVID-19 pandemic and evolving consumer preferences prioritizing convenience, speed, and security. While mobile money has seen widespread adoption, card payments have faced challenges, including merchant surcharges at point-of-sale terminals and limited awareness regarding the advantages of card transactions. The introduction of the “Sasuza

International Solidarity Project Empowers Ugandan Carrefour Workers

February 7, 2024March 4, 2024 admin

In a remarkable display of international solidarity, Ugandan Carrefour employees have achieved a milestone in labor rights advocacy, thanks to the concerted efforts of UNI and the unwavering support of the FNV of the Netherlands. The culmination of the “Establishing Bridges, Growing Solidarity, and Strengthening Collective Bargaining” project in Entebbe, Uganda, from January 22nd to

Carrefour Uganda’s Fourth Anniversary Extravaganza: Millions in Rewards Await Customers

January 31, 2024 admin

Carrefour, the exclusive retail giant operated by Majid Al Futtaim in Uganda, is gearing up for a grand celebration as it marks its four-year anniversary in the country. Commencing from January 31 to February 13, 2024, customers are in for a treat with a plethora of exciting prizes and daily discounts. As a token of