William Kayongo, Senior Manager Enterprise Banking at dfcu bank dfcu Bank recently launched a campaign ‘Sukuma Business ne dfcu’ to give Micro, Small and Medium Enterprises (SMEs) in Uganda an opportunity to enjoy banking while operating an account that speaks to their business needs at their convenience. Through this campaign, SMEs
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Q&A: How UCDA Is Promoting Lucrative Coffee & Cocoa Farming Under Market Access Upgrade Programme
Gordon Katwirenabo, the National Programme Coordinator for MARKUP at UCDA during the interview Uganda Coffee Development Authority (UCDA) is currently implementing an EU funded government of Uganda project called the European Union - East Africa Community (EU-EAC) Market Access Upgrade Programme (MARKUP). The Programme is supporting the private sector to enhance production, productivity,
Read MoreINTERVIEW: Ugandan Entrepreneur Shares His Experience, Lessons From Exporting Coffee To China
Frandan Tumukunde (C) with his Chinese business partners The Government of Uganda through Uganda Coffee Development Authority (UCDA) has intensified interventions to increase the country’s coffee exports to China. Uganda’s coffee exports to China have been increasing over the years, but there’s still huge unexploited potential. UCDA figures show
Read MoreOlivia Nabawanda (pictured), Makerere university’s youngest Mathematics Ph.D. holder now holds the teaching profession in high regard compared to any other. Nabawanda, who is basking in glory for being the first to receive a doctorate in her immediate and distant family, is even happier that she was awarded the
Read MoreINTERVIEW: Muwema Speaks Out On Bitature’s Financial Woes, Says Businessman Has No Opponent Since His Lenders Don’t Exist
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
Read MoreQ&A: Believe In Your Dreams, Says Lynette Akol, 2018 overall Winner Of Dfcu Bank’s Rising Woman Initiative
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
Read MoreQ&A: PSFU Boss Asiimwe Emphasizes Need For Small Businesses To Formalize To Benefit From COVID-19 Stimulus Package
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
Read MoreQ&A: EFC MD Reveals How ‘Simbula’ Loans Will Help Entrepreneurs Recover From Covid-19
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
Read MoreMathias 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
Read Moredfcu 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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