Tuesday , September 22 2020
Home / Tag Archives: DFCU (page 4)

Tag Archives: DFCU

DFCU gives Vipers Sh300 million sponsorship boost

Kampala, Uganda | JULIUS BUSINGE | DFCU bank has joined the list of Vipers’ football club sponsors, handing them a Sh300 million boost for the next two years. Speaking at a press conference at the bank’s headquarters today (Nov.8), William Sekabembe, the bank’s chief of business and executive director said …

Read More »

Former Crane Bank employees sue DFCU

Kampala, Uganda | GODFREY SSALI | The High court in Kampala will this friday rule on whether to grant 10 former Crane Bank employees permission to file a suit on behalf of their 400 colleagues against DFCU Bank, for wrongfully dismissal. Crane bank had promised its 700 employees that they would …

Read More »

THIS WEEK: USE unveils University Challenge

THIS WEEK: USE unveils University Challenge Kampala, Uganda |THE INDEPENDENT | Uganda Securities Exchange has unveiled the USE University Challenge in a bid to inculcate an investment culture among students in universities. The three month Challenge that will end in December seeks to give youth a platform to trade and …

Read More »

Can Dfcu maintain high profits?

Performance of the economy likely to determine profitability going forward Kampala, Uganda | JULIUS BUSINGE | Dfcu bank’s net profit more than quadrupled to Shs 114bn for the six months ending June 30 after the acquisition of Crane Bank but analysts remain cautious on whether the bank will maintain the …

Read More »

DFCU Bank sued for failure to payoff Crane Bank debts

Kampala, Uganda | GODFREY SSALI  | The Commercial Court has summoned DFCU bank to file a defence within 15 days explaining why it has refused to pay debts that were incurred by the now closed Crane Bank. This follows a suit filed by an advertising company Premier Advertsing and media Ltd …

Read More »

Bank of Uganda denies hiding cash in Germany

BOU denies hiding cash on foreign account in Germany Kampala, Uganda | JULIUS BUSINGE |  Bank of Uganda (BOU) has dismissed as untrue reports that it has hidden Sh10.7 billion in a bank in Germany, an issue that has been widely spread on social media in the past week. In …

Read More »