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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DTB Uganda has joined its customers to celebrate the annual customer service week which is always effective 1st – 6th October. The event is celebrated across all countries within which DTB has a presence. The main them for the week is #SustainingCXexcellence. “Life is too short not to celebrate every
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The Bank of Uganda (BoU) Monetary Policy Committee (MPC) has raised the Central Bank Rate (CBR), a benchmark lending rate for commercial banks by 1 percentage point to 10 percent. The Central Bank attributed the increase to the upward trajectory in inflation, with core inflation (excludes temporary price volatility as
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Prof. Emmanuel Tumusiime-Mutebile, Governor, Bank of Uganda, has once again assured politicians that nobody will interview with the indepence of the Central. He made the remarks at the Hosting of the Parliament of Ghana Finance Committee Members at a Benchmarking Exercise to Bank of Uganda on Thursday, September 27, 2018.
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The Bank of Uganda (BoU) has in the past closed commercial banks on the grounds that they are ‘significantly undercapitalized’. However, according to the Bank of Uganda Annual Report 2017/2018 released on September 28, 2018, Uganda’s Central Bank was undercapitalized to a tune of Shs468.86bn as of June30, 2018. The
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Ecobank Uganda recently held a Chinese forum at Arirang hotel with the aim of wooing Chinese investors to bank with them. In his speech, Clement Dodoo (in featured photo), the Ecobank Uganda Managing Director, said considering the fact that China is seeking to partner with Africa in agriculture, education and
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dfcu Bank has been carrying out free business trainings for women entrepreneurs across the country. Under the initiative dubbed ‘Rising Woman’, aimed at recognizing, celebrating and promoting a culture of mentorship among women in business in Uganda, the trainings kicked off in August with the first session happening in Lira,
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dfcu Bank has been recognized as the number one promoter of financial literacy in Uganda. The recognition was made at the 2018 Digital Impact Awards Africa which were held last Friday at the Kampala Serena Hotel. The award for promoter of financial literacy was given to the bank for its
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Uganda Revenue Authority (URA) has today recognized Stanbic Bank for being among the top key tax payers in Uganda. The recognition is in line with the Authority’s tax appreciation week set for September 26th to 28th that aims at paying accolades to every tax payer in Uganda who has paid
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