By Sunil Kaushal, CEO, Africa & Middle East at Standard Chartered Bank Think exponentially, not incrementally: How the rules of the game are changing in Africa’s banking sector An abundance of opportunities We are fortunate to witness a period of monumental progress in Africa. The changes are visible across
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A number of Bank of Uganda (BoU) officials are under investigation by the Inspector General of Government (IGG) over alleged corruption and abuse of office. The officials under probe include BoU Governor, Prof. Emmanuel Tumusiime-Mutebile and his deputy, Dr. Louis Kasekende, who are believed has started an to investigate governor
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Under the Women in Business (WiB) program, dfcu bank in partnership with the Uganda Law Society (ULS), recently held a financial literacy training session for over 50 women lawyers in Kampala. The session conducted at the dfcu Head offices in Nakasero on Friday 12th October 2018 is a component of
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Xpress Money, one of the most dependable money transfer brands in the world, recently partnered with FINCA UGANDA to deepen its footprint in Uganda. This partnership with FINCA UGANDA comes by virtue of the brand’s association with Diamond Trust Bank – Xpress Money’s principle partner in Uganda. Xpress Money offers
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At least 4,000 children in Busoga region will have access to reliable, clean and safe water in the coming months following dfcu Bank’s announcement of a contribution of Shs20 million (twenty million Uganda shillings) towards a Clean Water initiative by the Obwa Kyabazinga bwa Busoga. The initiative seeks to invest
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William Sekabembe, who the Chief of Business and Executive Director at dfcu bank has declined to join KCB as Managing Director after his current employer gave him a juicy deal. KCB bank had given Sekabembe the top job, but dfcu feared it could fail to get a right replacement for
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Traditional bank branches are set to significantly reduce, thanks to the advent of digital banking that is convenient and cost-effective. According to the recently released Bank of Uganda Annual Report 2017/2018, In 2017/18, eight bank branches were also closed in the period under review as banks embrace digital banking. However,
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UBA Uganda was on Friday 21st, 2018 crowned the winner of the Digital Impact Awards Africa (DIAA) Social Banking award for its ground breaking Innovation -LEO Chat banking, at an event held at Kampala Serena Hotel. The 2018 Digital Impact Awards (DIAA) themed Include Everyone recognized and rewarded individuals and
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dfcu bank has said there’s ongoing malicious propaganda with deliberate effort to taint the reputation of the bank and its leadership. “Over the last couple of days, a torrent of malicious propaganda has been circulated through online publications and social media in what appears to be a deliberate effort
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Uganda on Thursday signed a deal with a German firm to start printing own security documents like bank notes, passports and cheques. The signing of the deal between government and Veridos Identity Solutions Group was witnessed by President Museveni at State House Entebbe. Government was represented by three ministers; Esther
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