dfcu has been a pillar of Uganda’s financial landscape for the past 60 years, helping individuals and businesses thrive. However, beyond financial services, the bank has built a solid reputation for its dedication to creating lasting social impact through strategic corporate social responsibility (CSR) initiatives. Two recent partnerships—the Jinja Rotary Cancer
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Women entrepreneurs turned up in big numbers for the dfcu GROW Launch in Mbarara dfcu Bank has today officially launched the GROW initiative in Western Uganda, aimed at providing financial support and capacity building for women entrepreneurs. The initiative, which targets women-owned businesses, is designed to equip female entrepreneurs with the
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East Africa contributes 20 banks to the African Top 100 Banks listings. Kenyan banks still dominate, making up 10 of the top 100 banks. The leader is Equity Bank, which is unchanged at 23rd in the ranking, with Tier 1 capital of $1.4bn and a healthy ROE of 20%. Second
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Tumubweine speaking about regulation of innovation The Executive Director, National Payments at the Bank of Uganda has called on regulators to go slow in their regulatory mandate especially on technology, to enable space for progress. Twinemanzi said strict regulation of any sector slows down progress and can end up being
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Stakeholders engage in the dfcu NGO forum held at Sheraton Hotel dfcu Bank, one of Uganda’s leading financial institutions, has today hosted its annual NGO Forum at the Sheraton Hotel. Held under the theme "Adapting to Reduced Donor Funding: Strategies for NGOs to Sustain Local Impact and Relevance," the forum brought
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President Museveni together with Chief Justices from the Southern and Eastern Africa Chief Justices Forum in Kampala. The government is in the process of enacting a law to stem exploitative money lending practices in Uganda, president Yoweri Kaguta Museveni has revealed. Speaking at the 8th Annual Conference of the Southern and
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Michael K. Mugabi, Managing Director of Housing Finance Bank Housing Finance Bank has emerged as a standout winner at the World Economic Magazine Awards 2024, receiving two prestigious accolades: Best Mortgage Loan Bank Uganda 2024 and Best Customer Service Bank Uganda 2024. The World Economic Magazine Inc. Awards aim to
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Officials from PostBank and MTN Mobile Money in a group photo at the launch of XtraCash PostBank Uganda (PBU) in partnership with MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital Micro Lending solution that is positioned to extend short term facilities to MTN mobile money subscribers. This
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Commercial banks’ weighted average lending rates for Shilling-denominated credit increased marginally from 17.64% in June 2024 to 17.76% in July 2024, Finance Ministry has reveled in its Performance of the Economy Monthly Report for August 2024. Similarly, foreign currency-denominated credit rates increased from 9.23% in June 2024 to 9.62% in
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Pebuu CEO, Ssemyalo John Paul during one of the trainings held at the Pebuu hub to equip field agents with monitoring skills Pebuu, one of the leading technology firms in Uganda, has expanded its service network to more than 320 locations nationwide. By harnessing cutting-edge technology, Pebuu offers real-time tracking and geo-mapping solutions that ensure the
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