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Housing Finance Bank Joins PostBank & Pride Microfinance To Enable Seamless Disbursement Of PDM Funds with Wendi Digital Wallet

BusinessFocus Reporter August 10, 2023August 10, 20230

L-R: Andrew Kabeera (Executive Director, PostBank), Japhet Aritho (Managing Director, Airtel Money), Edward Nkangi (Executive Director, Pride Microfinance), Hon. Kabuye Kyofatogabye (Minister of State for Kampala Capital City and Metropolitan Affairs), Micheal Mugabi (Managing Director, Housing Finance Bank) and Julius Kakeeto (Chief Executive Officer, PostBank) at the launch of the

Banking Entrepreneurship

dfcu Bank Partners With Ugandan & South African Entities To Boost Investment Opportunities

BusinessFocus Reporter August 10, 2023August 10, 20230

Government officials and representatives from different entities poses for a picture during the launch of the Uganda-South Africa Trade and Investment Summit dfcu Bank has been unveiled as one of the key strategic partners of the Uganda-South Africa Trade and Investment Summit which will take place in September at Speke Resort Munyonyo. The

Banking News

‘Ugandans Mainly Using Mobile Banking Platforms To Withdraw Money’

BusinessFocus Reporter August 9, 2023August 9, 20230

More Ugandans subscribing to mobile banking are using the platforms to withdraw money from their bank accounts, than those using them to deposit, according to the service providers. This is one of the findings and developments in the banking and financial technology (Fintech) industries that will form the discussions at

Banking News

dfcu Bank Launches ‘Make Big Moves’ Campaign, Empowering Customers With Asset Financing Solutions

BusinessFocus Reporter August 8, 2023August 8, 20230

Sandra Kaggwa, dfcu Bank’s Manager - Asset Finance Under its ‘Reach for More’ thematic campaign, dfcu Bank has unveiled a 5-month-long Asset Financing Campaign designed to offer financing for movable assets for its customers in Corporate, Personal & Business Banking Segments. The Bank has a long history of providing Asset

Banking Entrepreneurship Interviews

Q&A: Shaping The Future Of Women In Business: A Conversation With Dr. Gudula Naiga Basaza, Chairperson – dfcu Women In Business Advisory Council

BusinessFocus Reporter August 7, 20230

Dr. Gudula Naiga Basaza, the chairperson of dfcu Bank's Women in Business Advisory Council (WBAC) In an exclusive Q&A session, we had the privilege to sit down with Dr. Gudula Naiga Basaza, the chairperson of dfcu Bank's Women in Business Advisory Council (WBAC). This week marked the commissioning of the

Agribusiness Banking

36 Agribusiness Entrepreneurs Graduate With Crucial Skills From ADC’s Business Accelerator Program

BusinessFocus Reporter August 5, 2023August 5, 20230

Charles Mudiwa, dfcu Bank CEO & Karim Boven, the ADC patron, & Ambassador of the Kingdom of Netherlands pose for a picture with one of the graduates At a momentous event held on Friday, 36 Agribusiness entrepreneurs celebrated their graduation from the 2nd and 3rd cohorts of the Business Accelerator

Banking

Micro Lenders Look Forward to Islamic Banking To Enhance Inclusion

BusinessFocus Reporter August 3, 20230

More financial institutions are coping with the new regulations that were introduced to strengthen the sector. These include the increase in the minimum working capital requirements for commercial banks from 25 to 120 billion Shillings by December 2022 and 150 billion Shillings by June 2024. Through the Financial Institutions (Revision

Banking Entrepreneurship

dfcu Bank Commissions Women In Business Advisory Council To Bolster Support For Women Entrepreneurs

BusinessFocus Reporter August 3, 20230

dfcu Bank Management team poses for a picture with the New WBAC members during the Meet & Greet at Golden Tulip Hotel dfcu Bank has announced the appointment of its Women in Business Advisory Council (WBAC) with a new chairperson and two Council esteemed members. The council will continue to play a

Banking News

Banks Increase Lending Rates Further, Tighten Loan Approvals

Taddewo William Senyonyi August 2, 20230

A customer receives money from a teller/Courtesy photo Commercial banks have increased interest rates further on a tight monetary policy. According to Ministry of Finance’s Performance of The Economy Monthly Report for June 2023, the weighted average lending rate for Shilling-denominated credit increased to 20.14 percent in May 2023 from 19.27 percent in

Banking News

I&M Bank joins Buganda Kingdom To Celebrate Kabaka’s Historic 30th Coronation Anniversary, Reaffirms Commitment To Partner With The Kingdom To Impact Communities

BusinessFocus Reporter August 2, 2023August 2, 20230

Denis Damba- I&M Bank Head of Treasury, Katikkiro Charles Peter Mayiga, Acting Managing Director I&M Bank Sam Ntulume, Annette Nakiyaga, Head of Communications and Corporate Affairs I&M Bank I&M Bank Uganda joined Buganda Kingdom on Monday 31 July to celebrate the historical 30th coronation anniversary of Kabaka Ronald Muwenda Mutebi