dfcu Bank in partnership Uganda Investment Authority (UIA) and the Daily Monitor have been running a program dubbed ‘Rising Woman’ that is aimed at recognizing, celebrating and promoting a culture of mentorship among women in business. During this year’s Rising Woman initiative, dfcu Bank and its partners held a business
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Proparco, the French Development Finance Institution, has extended financing of USD 15m (Shs55.9bn) alongside USD 15m (Shs55.9bn) from FMO (the Dutch Development Bank) to dfcu, a strongly performing commercial bank with robust growth potential in Uganda. The facility is primarily earmarked for financing of small and medium-size businesses in line
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Stanbic Bank has today awarded graduation certificates to 420 entrepreneurs from 119 Small and Medium Enterprises (SMEs) through its business incubator. This is the second cohort to graduate since the incubator was launched earlier this year. Cohort one saw 94 entrepreneurs from 34 businesses graduate; thereforemaking a 2018 total of
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While people will always need banking and other financial services, how they interact with and access these services has changed dramatically with the advent of technology. We spoke to William Sekabembe (in featured photo), Chief of Business and Executive Director at dfcu Bank who gave us key take aways from
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dfcu Bank has appointed two new members to join its Women in Business Advisory Council (WBAC) effective October 1st 2018. The new Council members are Grace Makoko a respected female banker in East Africa and Belinda Namutebi a leading communications expert in Uganda. As one of the few East African
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FORD Motor Company, in conjunction with its distributor, the Cooper Motor Corporation (CMC) Uganda Limited has spread its free driving skills to Gulu through its highly-acclaimed Driving Skills for Life (DSFL) programme. DSFL was first implemented in Uganda in 2016 in order to improve driving skills and curb accidents on
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South Sudan refugees in Kiryandongo Refugee Settlement in Western Uganda are visualizing enterprises that will transform their lives, thanks to a series of life skills training by Enabel, the development agency of the Belgian government, URN reports. The training, conducted from May to August 2018 was followed by one month
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The Uganda shilling lost ground, erasing some of its slight gains of the previous week, as demand for dollars picked up from the energy, telecom and manufacturing sectors coupled with commercial banks covering short positions during the week ending 12th October 2018. Trading was in the range 3795/3805. In the
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Naspers, the emerging markets internet and media giant which is the largest public company in Africa, will list its satellite television subsidiary MultiChoice, it has announced. MultiChoice's DStv service is the biggest TV operation in Africa, broadcasting to some 50 countries, and was one of the first satellite companies to
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East African musicians and artists are set to benefit from a regional initiative that will support over 300 youth through a new deal signed by the founders of the MTN Nyege Nyege festival who have launched Hakuna Kulala, a new artists incubation label in East African Community region. Dr. Kirsten
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