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Jonathan Wamara, Head Universal Trade Stanbic Bank Uganda.

Jonathan Wamara, Head Universal Trade at Stanbic Bank Uganda.

By Our Reporter

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Stanbic Bank has unveiled the Trade Club, a new solution that allows business people in Uganda to grow their enterprises by getting access to contacts, market information and a platform to network with counterparts across the world.

Jonathan Wamara, the Head Universal Trade at Stanbic Bank said, “We are pleased to introduce Trade Club. It’s a new solution designed for Ugandan businesses to connect with other businesses locally, regionally and internationally with a view of easing both import and export trade.  This is a free digital networking platform enabling us to positively contribute to the growth of our business clients, because when they grow and prosper– so do we. By growing our customers’ businesses we can deliver towards our purpose of driving Uganda’s growth.”

The platform offers trade expertise for importers and exporters across 190 countries along with over 200 pages of trade information for both importing and exporting, customs information, market analysis and other relevant reports. Trade Club has a match-making algorithm that automatically suggests new counterparts that Ugandans can do business with.

“These suggestions are based on your business interests. The platform introduces you to new contacts (suppliers/customers) that you require to grow your business. Our customers are looking for solutions to simplify their lives and make it easier to do business. Particularly now, amidst the devastating impact of the Covid-19 pandemic, we must relentlessly innovate with solutions to kick-start recovery and survival in a tough business climate,” Wamara said.

To get into the Club, Stanbic requires applicants to have an active business account with the bank, must be Know-Your-Client (KYC) complaint, must be creditworthy and must have a confirmation from their relationship manager to the effect that the client has the capability to trade internationally.

Stanbic already offers some of the best trade financing solutions in Uganda, but the Trade Club will now allow members exclusive access to traders across the world. The new product underlines Stanbic Bank as an innovator and market leader in the provision of trade financial solutions. However the basic aim is to find markets and grow Trade Club members’ businesses.

Wamara said, “Traditionally, we as a bank had always come in to support our clients to facilitate trade with buyers and sellers after they have already agreed terms, but with this platform the bank and our clients, will have an opportunity to walk together along the journey of, sourcing for genuine suppliers and buyers across various markets, discussion of trade terms and facilitation of the actual transactions by providing financial services like Trade Finance, Forex Solutions and Bancassurance.”

He said in terms of support, when a client joins the Trade Club, a Community Manager is assigned to them to assist with any needs the client may have regarding the Club, especially with suggestions and tailored reports among others.

“You will receive regular business opportunities suggested by our Community Manager. Choose to engage or discard them if they are not interesting for you. You can also add them to your contact book. You also have the option to ask our Community Manager for specific and customized matchmaking.” Wamara concluded.

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Source – bigeye.ug

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EXPOSED! Ugandan gospel singer Julie Mutesasira weds fellow woman

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Former local gospel singer Julie Mutesasira has caused a stir online after photos of her kissing a fellow woman during their wedding went viral on social media.

The photos emerged after his ex-lover Pastor Steven Mutesasira officially tied the knot with his new lover identified as Judith over the weekend.

In the past, it was rumored that Julie divorced with her husband and fled to Canada but the rumors where yet to be confirmed until the photos of her marrying a fellow woman made their way on social media.





Source – mbu.ug

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Police Bosses Convene at Bulange ,Mengo Over Weekend Security Raid on Mbogo Clan Thanksgiving Function

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Top Police authorities are slated to meet the Katikkiro of Buganda Charles Peter Mayiga this morning to tackle the security raid on a thanksgiving function organized by the Mbogo clan head, and religious leaders at Mugulu in Mityana town over last weekend.

Mobogo Clan head, Kayiira Gajuule had invited Bishop Emeritus John Baptist Kaggwa the retired Bishop of Masaka Diocese to grace the thanksgiving ceremony when anti-riot police stormed the area and sprayed teargas to disperse everyone.

This incident has since drawn widespread criticism from both Buganda kingdom loyalists who have since marched to Bulange Mengo demanding an apology from the Police besides the public condemning police actions

Just yesterday afternoon,. Police were forced to use teargas and live bullets to disperse a group of Buganda loyalists at Mityana municipality protesting the incident and demanding that District Police Commander, Alex Mwine Mukono unconditionally releases all the motorcycles he confiscated during the raid.

This compelled the police boss IGP Martin Okoth Ochola to apologize to the bishop and the Catholic Church.

The police political commissar led by a team of senior officers announced that they would be visiting Bishop Kaggwa at his home to announce their apology to his family and the church on behalf of IGP Ochola .

On Monday, the police spokesperson Fred Enanga apologized to the Catholic Church defending the police action on preventing the spread of COVID19.

He said the firing of teargas was caused by a group of uninvited politicians including Francis Zaake among others who had attracted youth.

Now according to the Buganda kingdom spokesperson Noah Kiyimba, a meeting between the Katikkiro Charles Peter Mayiga and the top police leadership is scheduled for 11:00 am at Bulange Mengo.



Source – www.galaxyfm.co.ug

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Martha Kay shows off flexibility while exercising (VIDEO)

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Local Comedienne Martha Kay Kagimba a.k.a The Range Rover Girl showed off her flexibility and fitness in a video where she was recorded doing a full split.

For a couple of years, Martha Kay has often revealed how she is insecure about different parts of her body including her legs and her skin complexion.

Slowly, she has come to terms with her insecurities and she is proud of her complexion. There is one more thing she is working on now and she seems to be on the right track – FITNESS!





Source – mbu.ug

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