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Dfcu Bank To Hold Dialogue On Sustainable Management Of NGOs In COVID-19 Era

Julius Kateera, Head Financial Markets at dfcu Bank

The outbreak of the Covid-19 pandemic has impacted billions of lives around the world. Governments, individuals, businesses, and civil society organizations are battling to save lives, support families, and keep businesses, and organisations afloat. During these unprecedented times, the role of NGOs has become paramount in combating the coronavirus and its impact on society’s most vulnerable populations, especially in countries and regions where it is hard to access government services.

The pandemic has impacted all aspects of their work – from running programs, planning finances, coordinating staff on how they collaborate with partners and stakeholders situated across the world. But these challenges may also be paving the way for new opportunities and innovative ways of working in the sector – a chance to renew how NGOs tackle global problems together as a community.

It is in this regard that dfcu Bank in partnership with Deloitte, will host a customer engagement dialogue on Thursday 3rd December 2020 at 2:00pm – 4:00pm under the theme ‘Sustainable management of NGOs in times of COVID-19’ to share valuable input and insights in the sector.

Commenting on the upcoming dialogue, dfcu Bank’s Segment Head, Public Sector Carolyn Andama, said; “Our objective of this discussion is to share with various stakeholders in the NGO sector insights on opportunities for reinvention given the shrinking funding and operational challenges they’re facing and enhance our relationship with the public sector players as we focus on enabling business sustainability for them. The scope of discussion will include funding opportunities, operational challenges, an overview of interest rates and exchange rates, financial reporting and tax considerations.”

“The COVID-19 pandemic doesn’t look like it will be going away any time soon, so it is likely that NGOs will have to deal with multiple socio-economic challenges. The organisations that best adapt to the “new normal” & can demonstrate the “impact” inspite of the challenges are more likely to thrive. We hope that the insights shared during the dialogue will help our customers in the NGO sector re-examine their operations and reposition themselves for sustainability, “Andama added.

The virtual dialogue will be moderated by Dr. Peter Kimbowa (PK), a well-known speaker and certified executive coach and the speakers will include Joyce Namirimo Tamale, a Social Entrepreneur & CEO, Capital Solutions Ltd. Joyce Tamale is a strategic Leader, financial analyst and NGO Sustainability expert, committed to changing lives of people through social enterprises that touch lives within Africa and Globally. Joyce is currently the Co -founder and CEO of Capital Solutions Ltd a Social enterprise aimed at enabling Social entrepreneurs in Africa to thrive.

The other speakers include Julius Kateera, Head Financial Markets at dfcu Bank, Martin Makumbi, Senior Manager Tax at Deloitte Uganda and Benjamin Mugema a Senior Consultant Strategy & Operations at Deloitte Uganda.

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