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DTB partners with KACITA

Managing Director and CEO of Diamond Trust Bank Varghese Thambi and KACITA chairman Thadeus Musoke sign a partnership agreement aimed at empowering treaders and communities where KACITA operates with appreciate financial and banking services. This was held on December 6, in Kampala. INDEPENDENT /ALFRED OCHWO

Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda and Kampala City Traders Association (KACITA) have entered a partnership to boost traders’ business with the sustainability aspect being top on the agenda. The partnership was announced at a news conference at KACITA Head offices in Kampala today.

The partnership aims at empowering traders and communities where KACITA operates with appropriate financial and banking services. The partnership also brings to the attention of Women in Business and youth who will receive preferential treatment and offers on banking services. “Many times, our key business players don’t receive the right support for the growth and sustainability of their businesses. Under this partnership, we shall tailor our offering to answer the needs of their businesses.” said Varghese Thambi, the DTB Uganda CEO.

Thadeus Musoke, KACITA Chairman said 65% of the businesses are run by women and have proven to be the most resilient over the years including the COVID-19 tough times. “We are glad that DTB is identifying us as a partner and a focus on women traders is very important. We are sure that women businesses if well supported will multiply and be pivotal in national growth,” Musoke said.

DTB is committing to facilitating the best business, management, and financial practices through training in addition to offering preferential product offers to traders.

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