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News

Gov’t Seeks To Inject More Shs274bn Into Atiak Sugar Factory As Struggling Company On Brink Of Being Taken Over By Equity Bank

Amina Moghe Hersi, the CEO of Atiak Sugar Factory Government has asked Parliament to approve the injection of Shs274.11Bn into controversial Atiak Sugar Factory so as to save the company from being taken over by Equity Bank. Government says this will resuscitate the company that ceased its operations in April

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News

Gov’t Bails Out Abubaker Technical Services With Shs26bn As Local Construction Company Struggles To Pay Bank Loan

Abubaker Technical Services on duty/ courtesy photo MPs on Parliament’s Budget Committee have queried the decision by Government to bailout construction company, Abubaker Technical Services and General Supplies Limited through the acquisition of 7% shares valued at Shs26.15bn, yet there are many construction companies wallowing in debt due to the failure

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BankingInterviews

Q&A: dfcu Is Empowering Women In The Workspace And The Communities Where We Do Business- Bank’s Chief Change & Innovation Officer

Veronica Sentongo (pictured) is the Chief Change and Innovation Officer at dfcu Bank, a role she took on in December 2020. In this position, her core mandate is Product Development, Innovation and Organizational Change Management for the Bank. In commemoration of Women’s Month, Business Focus spoke with her about what dfcu is

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