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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dfcu, one of Uganda’s largest banks by assets has been running a Women in Business initiative/programme since 2007. The Independent’s Julius Businge spoke to Victoria Byenkya, the Manager for the programme on how it is empowering women to succeed in business. Briefly share the overview of the initiative? The …
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Top six banks registered collective net profit of Shs 620bn Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks surpassed investor expectations with 14 of the 15 banks that have published their financial performance results posting good profit margins in 2018, analysis by The Independent shows. Banks like Stanbic, Centenary, …
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Top managers are optimistic the future of the business is bright Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu would be happier if the bank’s financial accounts showed a decline in costs and increase in revenue. This is not the case for the financial year 2018. However, dfcu’s …
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Kampala, Uganda | THE INDEPENDENT | dfcu bank has partnered with MAC East Africa Limited and Insurance Company of East Africa to launch an asset financing campaign that will see customers purchase the latest Isuzu mu-X 2018 at a special offer price. Officials said on March 05 in Kampala …
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Kampala, Uganda | THE INDEPENDENT | The closure of Crane Bank by Bank of Uganda was illegal. This is according to a report by the committee on Commissions, Statutory Authorities and State Enterprises -COSASE. The report indicated that an analysis of the Bank’s liquidity from 1st January to 24th January …
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THE LAST WORD: How institutional independence allowed the central bank to indulge in gross mismanagement and incompetence THE LAST WORD | ANDREW M. MWENDA | Last week was the most shameful for Bank of Uganda. During hearings before the parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) it …
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Kampala, Uganda | THE INDEPENDENT | Four years ago, Sandra Nakayenze set out to change the lives of women coffee farmers in the hills of Sironko district. The social, economic, religious and cultural hardships encountered by both young rural women and the girl child in her village compelled Nakayenze to form …
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Kampala, Uganda | THE INDEPENDENT | After twenty years of collective service with dfcu, Juma Kisaame has officially ended his career paving way for his successor Mathias Katamba to take over. The Speaker of Parliament Rebecca Kadaga who graced the send off dinner held at the Kampala Serena Hotel on …
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