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Tag: ICEA

  • ICEA LION Assurance donates sportswear worth UGX 8 million to Masaka School for the Deaf

    ICEA LION Assurance donates sportswear worth UGX 8 million to Masaka School for the Deaf

    Masaka: ICEA LION Assurance Company (U) Ltd has donated sportswear to pupils of Masaka School for the Deaf which provides primary school education and vocational skills training to deaf children.

    The sportswear included soccer boots and socks for the football team as well as sneaker shoes and socks for the netball team.

    This is an effort to equip both teams as they prepare for the upcoming National tournament where both the football and netball teams will be representing Masaka City.

    ICEA Lion Assurance CEO, Emmauel Mwaka (3rd Left) takes a group photo with the Masaka School for the Deaf netball team and teachers together with other officials from ICEA

    Speaking during the handover, Emmanuel Mwaka, the Chief Executive Officer, ICEA LION Assurance commended the teachers and school administration for big role they are playing in the lives of the pupils of Masaka School for the Deaf through nurturing and supporting their talents in sports.

    “Our journey with the Masaka School for the Deaf started in 2018 and I’m glad that we are still here with you, rendering support in various areas, one of them being sports. We believe it is such activities that boost the children’s confidence because we know they too have a place in society. We are here today because we believe in their talent and we are confident that as they have done in the past, they will emerge as winners. It brings us great joy and we are proud of your achievement so far. We know that you will bring the trophy home,” said Mwaka.

    Some of the soccer boots that were brought for the Masaka School for the Deaf soccer team that will be representing Masaka City in the Primary and Special needs School Tournament

    He further noted that, “at ICEA we believe we are better together and so we continue to provide tailored financial solutions to all our customers. We believe that everyone regardless of your age or earnings can learn how to manage your money and finances so that you become financially independent. So we promise to come back to share this knowledge with both the teachers and children because it’s never too early or late to start saving.”

    Masaka School for the Deaf started in 2005 and currently provides primary school education and vocational skills training to 122 deaf children. Majority of the children were not born deaf but lost their hearing at an infant age due to delayed treatment for malaria and meningitis.

    Masaka School for the Deaf football team carrying out drills after receiving soccer boots

    “We thank the ICEA group for the continuous support you have rendered these children. You have always supported us whenever there’s a need and have made sure that their needs are met. This has made it possible for us to get an opportunity to compete in sports tournaments. I also commend the teachers for your continuous commitment in teaching these children. You have given them knowledge and hands on skills. I’m sure that the goodies we’ve received today has greatly motivated the children to excel in the upcoming tournament,” said Francis, Kamulegeya, Director Masaka School for the Deaf.

    The Masaka School for the Deaf over the years has participated in co-curricular activities that include music dance and drama as well as Sports.

    However due to financial constraints, the school gives priority to one activity a year. This year, the school chose to participate in the primary and special needs school tournament at the national level.

    ICEA Lion Assurance CEO, Emmauel Mwaka speaking to the teachers and pupils of Masaka School for the Deaf

    The teams successfully went through the zonal level and later were chosen to represent Nyendo Mukungwe Division at the division level were they emerged as champions. Both football and netball teams are now going to represent Masaka City in the National tournament which will be starting on 15th August, 2022.

  • dfcu Bank announces sponsorship of 2017 Uganda’s Top 100 Mid-Sized Companies’ Survey

    dfcu Bank announces sponsorship of 2017 Uganda’s Top 100 Mid-Sized Companies’ Survey

    dfcu Bank has today announced its sponsorship of the 2017 Uganda’s Top 100 mid-sized companies’ survey. The announcement was made during a press conference at the dfcu Bank Headquarters in Nakasero, Kampala.

    The Top 100 Survey aims at identifying Uganda’s fastest growing medium-sized companies in order to show case business excellence and highlight some of the country’s most successful entrepreneurs.

    dfcu Executive Director, William Sekabembe addressing the media during the launch of 2017 Uganda’s Top mid-sized companies survey as other officials look on

    Under the theme, “Staying ahead of the competition in the evolving economic environment”, the 2017 Top 100 mid-sized Companies’ Survey is an initiative of KPMG and the Nation Media Group, represented by The Daily Monitor in Uganda. Launched in 2009, the project currently runs in four East African countries; Uganda, Kenya, Tanzania and Rwanda. dfcu Bank now joins Insurance Company of East Africa (U) Group that has been part of the project for 4 years now.

    Addressing the press briefing, the dfcu Bank Executive Director & Chief of Business, William Sekabembe revealed that dfcu will sponsor selected participants to attend Business Clinics conducted by experienced and renowned authorities in the Private Sector enabling them acquire knowledge and skills for best business practices and good corporate governance.

    dfcu Executive Director, William Sekabembe and Tony Glencross Managing Director Monitor Publications Limited, shake hands during the launch of 2017 Uganda’s Top mid-sized companies survey as other officials look on

    “dfcu Bank’s sponsorship of the Top 100 mid-sized companies’ survey 2017 is a show of our commitment towards supporting and growing the SME sector which is a key driver of Uganda’s economy. We believe that a collaborative effort to boost the competitiveness of SME sector in general is the silver bullet to ensuring businesses thrive in what is a constantly evolving economic environment in Uganda and East Africa as a whole,” Sekabembe said.

    “Constraints notwithstanding, the top 100 Survey will give hundreds of business operations the opportunity to learn from each other; engage policymakers on their contribution to the economy; benchmark themselves against other business operations and so much more. Our belief is that this initiative will go a long way in boosting the skillset of the selected companies, eventually translating to improved business practices and increased profitability,” Sekabembe added.

    Present at the press conference was Managing Director, Monitor Publications Limited; Tony Glencross who hailed the Top 100 Survey as, “…invaluable and highly relevant.”

    Aidah Nalwadda from African Queen; one of the beneficiaries of the Uganda Top 100 mid sized companies addressing the media during the launch

    “Uganda has been recognized as one of the most entrepreneur countries in the world, which presents us with the need for systems that will create informed and skilled entrepreneurs. On behalf of The Daily Monitor, I thank and applaud dfcu Bank for joining us as we work towards supporting and building the capacity of the SME sector.”

    To take part in the survey a company needs to complete two questionnaires – a general questionnaire and a financial questionnaire. The questionnaires will be available at Monitor Publications Limited, KPMG offices and select dfcu Branches. Questionnaires will also be delivered upon calling 0392-080708.

    Any company can participate (with the exception of banks, insurance companies, accounting /financial consulting firms) as long as it meets the following criteria: – has a turnover range: Ushs360m to UGX 25 billion, has a three year audited financial track record and is not listed on any stock exchange.