dfcu CEO Charles Mudiwa interacting with customers during engagements in Northern Uganda as part of the bank's 60th Anniversary celebrations dfcu Bank's CEO and leadership team have successfully concluded a series of customer engagement sessions in the Northern region of Uganda in the districts of Lira, Kitgum, Dokolo, Arua, Abim,
Read More
Dr. Fred Muhumuza Local investors in Uganda are running to Tanzania as a result of the tough operating environment, Business Focus has learnt. This is attributed to among others, a drop in private sector lending. Data shows that lending to the agricultural sector, manufacturing, trade, transport and communication, business services and
Read More
dfcu management team and different stakeholders have a photo moment during the Northern Uganda engagements As Northern Uganda continues to achieve and drive economic transformation, dfcu Bank stands hand in hand with the region, equipped with a strategic plan and the resources required to support the region's burgeoning potential. The bank’s
Read More
James Onyutta, Managing Director at FINCA Uganda By Cynthia Ruth Naggayi Research is increasingly becoming one of today’s most critical business assets, used especially to solve problems, advance technology, inform policymaking, and, most fundamentally, expand human knowledge. But, at the heart of all research is data, whether in the form of observations,
Read More
Financial institutions in Uganda approved loans worth Shs1.3Trn in May 2024, with personal and household loans taking the largest share. According to the Performance of the Economy Monthly Reportfor June 2024 released by the Ministry of Finance, Planning and Economic Development, the value of credit approved for disbursement amounted to Shs1.331Trn up from
Read More
Central bank gold buying continues to sizzle. When the Bank of Uganda announced its intention to purchase gold from artisan, small, medium, and large-scale miners, some players in the precious stones industry wondered why a sudden policy reversal. It has been close to three decades since the Bank of Uganda
Read More
Micheal K. Mugabi, the Managing Director of Housing Fiance Bank addressing the East African Banking School Conference. East African Banking School conference (EABS), organized by three prominent banking institutions in East Africa—the International Institute of Banking and Financial Services, the Kenya School of Bankers, and the Tanzania Institute of Bankers—brought together
Read More
Guests at the conference in a group photo The Uganda Institute of Banking and Financial Services (UIBFS), in partnership with The Kenya Institute of Bankers and The Tanzania Institute of Bankers, hosted the 21st East African Banking School (EABS) Conference from July 9th to July 12th, 2024, at the Sheraton
Read More
Josephine Nakoma Mukumbya, who leads the team at the Agri Business Development Centre As dfcu Bank celebrates its 60th anniversary, we pause to reflect on its legacy of Transforming Lives and Businesses in Uganda. The Bank has been a pillar for agricultural practitioners across Uganda, from supporting cooperatives, farmer-based organisations, and
Read More
A photo montage of some bank CEOs/MDs Customer deposits for the 25 commercial banks operating in Uganda increased to Shs33.92 trillion in 2023, up from Shs31.53 trillion in 2022. Business Focus’ exclusive analysis of the banks’ financial statements for the year ended 31st December 2023 shows that the top 10 largest banks
Read More
