KCB Bank Nosa Alekhuogie Verve and KCB Bank Uganda Limited (KCB Bank) have announced a new phase of their partnership, which will see KCB Bank become one of the first commercial banks to accept the Verve Card on its widespread and strategically distributed Point of Sale (POS) merchant network. Head of Products and Operations at […]
Tag: XUGA
Uganda Securities Exchange (XUGA)
South African Tourism to Host 4-City India Roadshow Between March 7-11
Accelerating its recovery efforts in India, South African Tourism (SAT) is all set to host their India Annual Roadshow. This in-person roadshow will be the first mega-event post-pandemic and will travel to the four Indian cities: Delhi, Ahmedabad, Bengaluru and Mumbai. The roadshow is scheduled during March 7-11, 2022. The approximately 20-member South African trade […]
Was Delta’s Partnership With Amex A Smart Move?
Aside from American Express, Delta is the largest co-brand partner in the world, providing air travel and other services. Partners with airlines to develop consumer products. Table of contents Can You Convert Amex Points To Delta Miles? Miles can be converted from miles in one mile per point received via conversion of Credit Card Points. […]
Kenya Airways is official Airline partner for the Magical Kenya open Championship
Kenya Airways will fly in all the Professional Golfers Association (PGA) officials who will be supervising and managing the tournament as well as KOGL officials who will be travelling later in the year for 2023’s championship preparatory meetings. Zuhura Odhiambo Commercial director Kenya Open (left) with the Kenya Airways CEO, Allan Kilavuka. NAIROBI – National […]
Increase local cargo capacity to widen market access
Kenya Airways planes at Jomo Kenyatta International Airport (JKIA), Nairobi. There is a saying that goes, “the past is where you learned the lesson. The future is where you apply the lesson”. Kenya has been lauded as one of the best-performing economies in sub-Saharan Africa. Horticulture has taken the lead as a top GDP contributor […]
Inbound air travel set to grow by almost 9% over pre-pandemic levels in East Africa by 2024
The relationships established through codeshares and airline partnerships have been vital to East Africa’s tourism development success over the last decade. Many airlines will continue to make strategic connections with other airlines operating in the region, including legacy carriers such as Kenya Airways and low-cost carriers such as Mango Air and Fastjet. According to GlobalData […]
Will PSU Banks Rule Once Again? Here’s a List of Top 4 Lenders to Watch Out for
The only problem is that the data does not bear this out. There were times when out of the total listed PSBs, only a couple of them made profits. But now, there’s a ray of hope. Out of the 13 listed PSBs, 11 of them have posted a net profit in fiscal 2021. The two […]
US flags Kenya for relaxing dirty cash reporting rule
Kenyan officials handling money-laundering investigation files are tipping account holders of suspicious transactions to move their assets before raids, hampering the fight against money launderers. A new US report tracking the global money-laundering hotspots also says Kenya appears to have taken a step back in the fight after last year it lifted the threshold of […]
Kenyan retail-tech startup Cartnshop raises $400k to boost commercialisation
Kenyan startup Cartnshop, which enables African SMES to set up online stores quickly and affordably, has raised US$400,000 in funding as it prepares to commercialise next month. Founded in 2018, Cartnshop is an end-to-end e-store enabler engine that allows any retail or enterprise business to attract new customers. The startup has B2B and B2C channels, […]
New Vision swings back to half-year profit on government contracts
The headquarters of Vision Group in Industrial Area, Kampala. Photo: Uganda Business News New Vision Printing and Publishing Company returned to profitability in the second half of 2021 as contracts from the government to publish educational materials and textbooks boosted revenue. The government-controlled company on Tuesday said it made a net profit of Shs396.5m ($112,409), […]