James Onyutta, the Managing Director of FINCA Uganda James Onyutta, the Managing Director of FINCA Uganda, recently shared his inspiring career and personal journey on Next Radio. With over 25 years in the financial sector and a wealth of experience working in different countries, Onyutta’s story is one of resilience,
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Hope Lorna Nakhayenze, the new dfcu bank Chief Risk Officer dfcu Bank has announced the appointment of Hope Lorna Nakhayenze as its new Chief Risk Officer, effective 1st March 2025. The Bank stated that in this role, she would be responsible for overseeing risk management under the direction of the
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A group photo of the Housing Finance Bank Executive team and UECCC executive team during the launch of the partnership at the bank Headquaters in Kololo Housing Finance Bank (HFB) and the Uganda Energy Credit Capitalization Company (UECCC) have today launched a groundbreaking partnership to accelerate the adoption of renewable
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Shan Nakanjako, the Manager Transactional Products & Liabilities at dfcu Bank In a recent interview, Shan Nakanjako, the Manager Transactional Products & Liabilities at dfcu Bank, provided insights into the bank’s latest campaign, "Sala Stress with dfcu Loans." dfcu Bank, one of Uganda’s most trusted financial institutions, has built
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By John Paul Ssemyalo, CEO Pebuu Limited The bridge between agency banking and Islamic banking could revolutionize the way banking services are delivered and consumed in Uganda. When Islamic banking was introduced in Uganda, it generated a mix of skepticism and excitement. Rooted in Shari’ah principles that emphasize ethical and
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By Denis Jjuuko It is 10.00am somewhere in Abidjan or Washington. The boardroom is well set up. The temperature is on point, to use Kampala language, and with the press of a button, the microphones become red hot and the giant screen is switched on. In the room, are several
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The Bank of Uganda (BoU) has revealed that interest rates have edged up despite easing of monetary policy in October 2024 due to the fiscal policy stance. BoU last Thursday maintained the Central Bank Rate (CBR) at 9.75% in order to control inflation while fostering Uganda’s economic growth and socio-economic
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Michael Atingi-Ego, the BoU Deputy Governor Bank of Uganda’s Monetary Policy Committee on Thursday maintained the Central Bank Rate (CBR) at 9.75% in order to control inflation while fostering Uganda’s economic growth and socio-economic transformation. The CBR is a benchmark lending rate for commercial banks. While issuing the Monetary Policy
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Representatives of Sponsors at the launch dfcu Bank has today announced the inaugural dfcu Jazz in the Pearl Festival, an event that will bring the biggest national and international jazz stars together for an unforgettable jazz experience that will fuse international and African music influences. The concert will be held
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Deputy Speaker, Thomas Tayebwa The Deputy Speaker, Thomas Tayebwa directed the Attorney General to present an update to the House on the progress of a proposed Consumer Protection law. This followed concerns by some legislators over the manner in which financial institutions like banks place high insurance charges on loans
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