Centenary Bank, the largest commercial microfinance bank in Uganda and StarTimes Uganda,a pioneer in pay TV, digital television set and solar solutions, are thrilled to announce the renewal of their strategic partnership following a highly successful year of collaboration.
The partnership announcement was made by Fabian Kasi the Managing Director of C
entenary bank together with Bruce Augus, the CEO of StarTimes Uganda at Mapeera
House.
The partnership initially laid the foundation for a range of initiatives aimed at providin
g financing options for StarTimes products and expanding access to renewable energy solutions.
Speaking during the launch, Mr Kasi commented on how the partnership has greatly benefitted both companies.
“Today we announce the renewal of a partnership that has proven successful through contributing to financial inclusion and sustainability. There is no better time for Our Bank to extend this partnership than now when we are celebrating 40 years of transforming lives. This event today is testament of who Centenary Bank is and how determined we are in making a positive change to lives,” Kasi noted.
He further highlighted the banks strategic goal of growing the Renewable Energy port
folio to reduce on the pollution of the environment and financial inclusion of which this partnership aids.
“We are glad to inform you that the new partnership has new products which include a solar package hence addressing the climate change challenge. This is in line with Centenary Bank’s sustainability goals and directly resonates with one of our values which is environmental stewardship,” he commented.
Bruce re-echoed the sentiments about StarTimes’s commitment to promoting safety in the environment.
“The past year has been a testament to the success of our partnership with Centenary
Bank. Together, we have achieved remarkable milestones, from surpassing sales targets for LED TVs to venturing into the solar solutions space. We are grateful for the continued support from Centenary Bank and look forward to further innovations and shared successes in the coming year.”
“Our mission as StarTimes Group is to ensure that every African family can access, af ford, watch and share the beauty of digital TV. Extending power solution would make it possible” added Bruce.
Centenary Bank’s commitment to growing its Renewable Energy portfolio aligns seam
lessly with StarTimes Uganda’s mission to provide accessible and sustainable energy
solutions to off-grid customers.
For a better customer experience, this service will be available across the different sub regions of Uganda in all centenary bank and StarTimes branches. In addition to the fi
nancing aspect, Centenary Bank will continue to be a key collector of StarTimes fees through its CenteMobile Money platform.