Charles M. Mudiwa, the Chief Executive Officer at dfcu Bank dfcu Limited has announced its audited financial results for the year ended 31 December 2023, indicating a growth in customer numbers, transaction volumes, fees and commissions. The results show that dfcu bank, the Group’s trading entity, recorded a net profit
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Barbara Dokoria and Samuel F Mwogeza Stanbic Bank Uganda has announced the appointment of Samuel F Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024 until substantive appointments for the positions are made. The interim appointment of Mwogeza, who is currently the Executive
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Three commercial banks including ABC Capital Bank (U) Ltd, Opportunity Bank and Guaranty Trust Bank (U) Ltd have failed to meet Bank of Uganda’s minimum capital requirement of Shs150bn. It should be noted that a few years ago, the Bank of Uganda increased the paid up capital of commercial banks to
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Wangechi Gitahi, Unilever Uganda's CSP Manager, (second left) hands over an assortment of Unilever items to the women who are helping keep Kampala City clean. Unilever Uganda has highlighted the invaluable efforts of women who work tirelessly to keep Kampala city clean. Unilever Uganda, in collaboration with the Kampala Capital
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Raphael Magyezi, Minister of Local Government Government has revealed the option to halt the planned implementation of the new five cities due to lack of funds to operationalize them. Raphael Magyezi, the Minister of Local made the remarks while appearing before Parliament’s Public Service and Local Government where he had appeared to
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dfcu bank and MTN Uganda officials in a group photo after unveiling the Advancing Women Entrepreneurs (AWE) accelerator program dfcu Bank, in collaboration with MTN Uganda has unveiled the Advancing Women Entrepreneurs (AWE) accelerator program. Launched in 2023, the program is designed to increase the participation of women owned businesses within
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Cows under the anti-tick vaccine research programme at the NARO farm in Maruzi, Apac district Ticks infest cattle negatively impacting health, productivity and development of the dairy and beef industry resulting into huge economic losses, especially in sub-Saharan Africa. Annually, the total global costs linked to ticks and tick vectored
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By Civy Tumusiime In recent months President Yoweri Kaguta Museveni, has increased interest and focus on the tourism industry, frequently mentioning it in his speeches as one of the key focus areas for post-Covid-19 economic recovery and growth. According to the president, the government targets to significantly accelerate earnings from
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The Ministry of Finance and the Japanese Government signed a grant agreement worth JPY 941,000,000 (Shs24.158Bn) that is intended for the improvement of Medical Equipment at Jinja and Soroti Regional Referral Hospitals Project. The Agreement was signed by Inoue Yoichi, the Chief Representative of JICA in Uganda and Yoshimura Tomotaka,
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Uganda Revenue Authority (URA) enforcement officers have continuously encountered traders that were out rightly smuggling goods into the country in an attempt to skip the taxes and duties that accrue to their goods of choice. The Iganga enforcement team carried out a 5-hour joint-focused operation on fast-moving products, Unilever
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