Fred Muwema, Bitature’s lawyer Fred Muwema, the lawyer for businessman Patrick Bitature says the said lenders have no claim because they don’t exist. In an interview, Muwema acknowledged that indeed Bitature contracted a loan agreement with Vantage Mezzanine Fund II Partnership, a South African entity but when it was discovered
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Lynette Akol, the Managing Director of Krystal Ice Limited, a food processing company Out of the desire to increase a longer shelf life for fruits, Lynette Akol started Krystal Ice Limited. Her vision was clear vision - to provide market for the fruit produce of small holder farmers by using
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PSFU Executive Director, Stephen Asiimwe Private Sector Foundation Uganda (PSFU) acknowledges that businesses were hit hardest during the two- year Covid-19 lockdown. However, with the recent full reopening of the economy, PSFU Executive Director, Stephen Asiimwe (SA), says that there is hope with discussions going on to have businesses supported. In an
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Shem Kakembo, the Managing Director at EFC Uganda Limited EFC Uganda Limited (MDI) - Uganda’s fastest-growing microfinance institution has rolled out a campaign dubbed “SIMBULA LOANS NE EFC.’’ The campaign is focused on enhancing the institution’s commitment of contributing to Uganda’s development and economic stability through key drivers like financial
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Mathias Katamba, Chief Executive Officer at dfcu Bank DFCU Limited announced a net profit of Shs 9.3 billion in 2021, down from Shs24.07bn recorded in 2020. According to to the results, dfcu’s total assets reduced to Shs3.13 trillion, down from Shs3.49 trillion recorded in 2020. The figures further show that
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dfcu Bank in partnership with Daily Monitor and Uganda Investment Authority (UIA) are running a program dubbed ‘Rising Woman’ that is aimed at recognizing, celebrating, and promoting a culture of mentorship among women in business. Sandra Ejang, the winner of Season 2 of ‘Rising Woman’ Season II from 2020, shares
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Miranda Bageine Musoke_Head Personal and Business Banking dfcu Bank dfcu Bank recently launched an unsecured salary loan campaign designed to respond to customers who may need a quick financial boost with a quick turnaround time for personal use. Dubbed “It’s Win-Win with a dfcu Salary Loan”, the campaign is set to run for
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Jennifer Bamuturaki, the Ag. CEO at Uganda Airlines Uganda Airlines has completed feasibility studies on a number of routes the National Carrier plans to fly to. Some of the routes in question include Mumbai in India, London in United Kingdom, Goma and Lubumbashi (both in the Democratic Republic of Congo). Owing to the
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As Uganda joins the rest of the world on 8 th March 2022 to celebrate International Women’s Day (IWD), women have been urged to get out of their comfort zones and take up the challenge of competing for available jobs that will earn a decent income and allow them to
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John Baptist Okello Okello is growing vegetables including cabbages for commercial purposes Retired politician, John Baptist Okello Okello, has settled into farming – making way for young politicians to take up political offices. Okello Okello was Member of Parliament for Dokolo North County and LCV Chairperson for Dokolo district. However, he called it quits
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