CNOOC, dfcu points at post Final Investment Decision prospects Kampala, Uganda | JULIUS BUSINGE | dfcu Bank held a half day engagement for its clients and stakeholders in the oil and gas sector on Apr.28 following the government’s bold step to sign key agreements that will see the country get …
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It shrugged off the effects of COVID-19 to nearly double net profit to Shs83bn Kampala, Uganda | JULIUS BUSINGE | Bank of Baroda Uganda has reported a sharp growth in annual profits, as earnings from loans, foreign exchange and market securities helped to offset the hit from the low interest …
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Come to us for credit support, dfcu bosses tell road sector players Kampala, Uganda | JULIUS BUSINGE | Road contractors should consider partnering with financial institutions to increase their chances of winning while bidding for big projects, according to dfcu Bank Executive Director and Chief Commercial Officer, William Sekabembe. “We …
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Banking executives expect the industry to rebound citing projected growth in the economy Kampala, Uganda | ISAAC KHISA | 2020 was a tough year in almost all fronts: public health, production, new orders, employment, and demand, among others. The once growing economy contracted and interest rates took a deep …
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Executives hope that the future is bright as listed entities post profits Kampala, Uganda | JULIUS BUSINGE | Companies trading on the Uganda Securities Exchange have opened the New Year with poor performance. Umeme, Quality Chemical Industries Limited (CQCIL) shares have fallen below the Initial Public Offering (IPO) price. This …
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dfcu bank is one of the top financial institutions in Uganda offering home loans. Barbara Asiimwe has worked with the bank for close to 8 years, and currently heads its home unit. She spoke to The Independent’s Julius Businge about this topic. What is your general assessment about the …
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They are not only in business to compete and attract customers in their line of business, but are also warming up to compete for Uganda’s Digital Brand of the Year award for 2019 organised by an entity dubbed HiPipo. Kampala, Uganda | JULIUS BUSINGE | The two leading telecom firms …
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Plan to have BOU pay heavily Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | Real estate tycoon Sudhir Ruparelia has won a major case in the High Court in Kampala that could see the Bank of Uganda pay him billions of shillings in costs and compensation for lost business …
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Godfrey Mundua is dfcu bank’s head of corporate banking that handles one big segment in the institution called commodity financing. He spoke to The Independent’s Julius Businge about the opportunities this line of credit is offering. What is commodity structured finance all about? Structured commodity finance is a specialised way …
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The lender has recorded a drop in profits again Kampala, Uganda | ISAAC KHISA | Did dfcu mess up its growth trajectory with the acquisition of Crane Bank assets? How can it evolve to make more money for the shareholders? dfcu management seems to be grappling with these questions following …
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