Ruth Asasira, the Head - Women in Business at dfcu bank dfcu Bank has been a key promoter of female entrepreneurship since 2007, through the dfcu Women in Business program. In 2018, dfcu Bank in partnership with Nation Media Group, and Uganda Investment Authority started The Rising Woman Initiative- a
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Revelers officially launching the Jumia Black Friday dfcu Bank has for the second year running been announced as the Platinum Sponsor for the 2023 Black Friday campaign which will be held in partnership with Jumia Uganda. Running under the theme, "Save More Than Money", Black Friday gives Ugandan customers the
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Officials from PostBank, BoU, Housing Finance Bank, Pride Microfinance and other partners in a group photo after the launch of the Wendi Mobile Wallet PostBank Uganda has launched its mobile wallet, Wendi, that promises to make financial inclusion a reality for all Ugandans. The groundbreaking mobile wallet service is set to
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Michael Atingi-Ego, the Bank of Uganda (BoU) Deputy Governor The Bank of Uganda (BoU) Deputy Governor, Michael Atingi-Ego, has urged Ugandans to save with regulated financial institutions, noting that they (regulated financial service providers) ensure the security of customer savings and help to preserve value by paying interest on the deposits. “Saving money without earning a
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Geoffrey B. Baitwa (Left) and Daniel Pettersson, both Co-Managing Directors at Threeways Shipping Services (Group) Ltd, during the interview Threeways Shipping Company, a flagship brand of Bro Group Limited, is successfully battling its way to business recovery after undergoing financial distress that threatened the survival of the logistics solutions giant. Bro Group
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Robert Wanok, dfcu Bank’s Head of Personal and Business Banking SMEs in Uganda face undercapitalization, lack of access to financing, lack of access to markets, stiff competition, and stringent policies that all work together to stall their growth. This is where the role of Financial Institutions becomes integral because they
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Julius Kakeeto (L), the Chief Executive Officer at PostBank speaking to some clients PostBank Uganda Limited has held its first-ever Customer Appreciation Dinner, where the bank celebrated its high net worth clients. The event held on Friday, October 27, 2023, at the elegant Kampala Serena Hotel marks a significant milestone for the bank
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EFC Uganda will starting from October 24rd, 2023 embark on the process of closing down five of its business service centers to help streamline business processes while leveraging on partnerships in the banking sector. A statement from the microfinance institution says “This strategic decision will only affect EFC’s Non-deposit taking facilities, with
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Uganda Bankers’ Association (UBA) has announced the end to the practice of financial institutions imposing a fine on lenders who repay their loans before the stipulated period, bringing an end to the protracted argument the bankers have been engrossed in with their regulator Bank of Uganda. The Association’s stand was
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The Uganda Bankers Association has endorsed the Bug Bounty Program as part of efforts to improve the security of the financial industry against cybercrimes. The Bug Bounty is the monetary reward offered to ethical hackers who specifically uncover and document vulnerabilities for application developers. Lydia Anabo, a Security Analyst at
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