Matooke Republic
Wednesday, July 22, 2026
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Equity Bank powers Drugs Express Team with Shs20msponsorship package ahead of SMC Masaka Rally

Matooke Republic by Matooke Republic
April 12, 2024
in Events
Reading Time: 2 mins read
MOU sign off.

MOU sign off.

Share on FacebookShare on Twitter

Equity Bank has announced its support for the Drugs Express Team by providing sponsorship of Shs20million. This comes just before the much-anticipated Southern Motor Club (SMC) Masaka Rally, scheduled for April 13and 14at E-Villas Park in Kalisizo.

The announcement follows the signing of a Memorandum of Understanding between Equity Bank and the Drugs Express Rally Team at the Bank’s branch in Masaka on Friday.

Clare Tumwesigye – Equity Bank Head of Marketing and Communications.

In her remarks, Clare Gatabi Tumwesigye, Equity Bank Head of Marketing and Corporate Communications, said, “Thrilled to announce our sponsorship of the Drugs Express Rally Team, where passion meets performance on every twist and turn. So, here is to accelerating success, pushing boundaries at every twist and turn with our community at heart

RELATED POSTS

Tusker Lite Neon Raves Bring the Party to Fort Portal

Tusker Lite Mt Rwenzori Marathon builds momentum with Community Run in Kasese

She added ‘’As Equity Bank, we have come a long way in supporting sports including golf, football, and all the other sports through different corporate league sponsorships. This will be our second year of partnership with the Drugs Express Rally Team and each year gets better”

Equity Bank and Drugs Express rally team MOU sign off by Equity Bank head of marketing Clare Tumwesigye and Dr. Moustapha Mukasa.

Dr. Moustapha Mukasa, team leader at the Drugs Express Rally Team, lauded Equity Bank for the support and promised to be a contender. “’ The commitment of Equity Bank to support our team shows their dedication to fostering talent through social investment and to promoting the spirit of adventure and competition,’’ said Mukasa.

He added, ‘’We promise our team, fans, families, friends, sponsors, and the FMU fraternity that we shall do our very best as we continue showcasing our capabilities’’.

The Masaka SMC Rally was flagged off by Ms Tumwesigye, and Mukasa, Team Lead at Drugs Express Rally Team at Hotel Next in Masaka. The rally is organized by the Federation of Motorsports Clubs of Uganda and will feature 31 participating teams from across Uganda.

Related

Tags: Drugs Express TeamEquity Bank
Share1Tweet1Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Peace Kabasweka(holding award-middle) along with other players at the Namulonge Ladies Golf Open.

Kabasweka shines at Namulonge Ladies Open as tournament swings into a new era

by Matooke Republic
2 months ago

...

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the Q1 2026 Investor Briefing event.

Equity Group’s Q1 profit hits UGX 550 billion, driven by digital services and regional growth

by Matooke Republic
2 months ago

...

Equity Officials with the 5th Cohort of ELP at the Induction Ceremony.

100 top Ugandan students join Equity Leaders Program for leadership training

by Matooke Republic
3 months ago

...

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the FY 2025 Investor Briefing event. Equity Group Holdings Plc posted a 55% growth in Profit After Tax to Kshs. 75.5 billion, up from Kshs. 48.8 billion in the same reporting period in 2024, marking a record performance driven by its successful strategic transformation. The Board proposed a dividend payout of Kshs. 21.7 billion, translating to Kshs. 5.75 per share, a 35.3% increase from Kshs. 16 billion (Kshs. 4.25 per share) in 2024. Regional banking subsidiaries registered a 53% growth in profit after tax to Kshs. 36.3 billion, driven by strong performance across key markets including DRC, Uganda, and Tanzania, alongside robust loan expansion of 17% in DRC, 22% in Rwanda, and 61% in Tanzania. Diversification efforts were reinforced by strong momentum in insurance, with gross written premiums rising 75% and profit before tax increasing 36%. The Group also delivered significant social impact, investing approximately Kshs. 99.5 billion in sustainability initiatives, underscoring its continued evolution into a diversified, technology-driven pan-African financial services group.

Equity Group posts record Ksh75.5 billion profit

by Matooke Republic
4 months ago

...

Equity Bank earns top honours for Crisis Communication and Digital Innovation

by Matooke Republic
8 months ago

...

Next Post
Minister Beatrice Anywar.

"They should set up a bar too": Ugandans react to Minister Anywar's request for setting up a salon at the new Parliament building

Matthew Kanyamunyu.

Kanyamunyu released from prison after serving three years

https://www.matookerepublic.com/wp-content/uploads/2026/07/UBL-Kagadi-Katikara-Distributor-Ad-LinkedIn-post.pdf https://www.matookerepublic.com/wp-content/uploads/2026/07/UBL-Kagadi-Katikara-Distributor-Ad-LinkedIn-post.pdf https://www.matookerepublic.com/wp-content/uploads/2026/07/UBL-Kagadi-Katikara-Distributor-Ad-LinkedIn-post.pdf

RECOMMENDED

Police arrest 65 suspects in crackdown on panga-wielding robbery gangs

July 22, 2026

Former CMI boss Maj Gen Birungi denied bail

July 22, 2026

MOST VIEWED

  • Moses Ali: From a village boy who lost his parents at 11 to soldier, rebel leader, statesman and FUFA President

    31 shares
    Share 12 Tweet 8
  • First Daughter Patience Rwabwogo to Be Consecrated as Bishop

    25 shares
    Share 10 Tweet 6
  • Here’s the Late Moses Ali Burial Programme: Body to Be Taken to Parliament and Kololo Before Burial on Tuesday in Adjumani

    17 shares
    Share 7 Tweet 4
  • Zari Hassan, children declared beneficiaries of Ivan Ssemwanga’s estate after court settlement

    16 shares
    Share 6 Tweet 4
  • Here are the new guidelines for school educational trips

    15 shares
    Share 6 Tweet 4
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.