Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda and the Deposit Protection Fund (DPF) issued a roadmap for the payment of depositors at microfinance company EFC Uganda, now under liquidation. According to the plan, and the laws, DPF will pay the protected depositors, or those with deposits not more …
Read More »EFC Uganda closes service centers to streamline its services
Kampala, Uganda | THE INDEPENDENT | EFC Uganda has embarked on the process of closing down five of its business service centers, a move that the company said would streamline business processes while leveraging on partnerships in the banking sector, a media statement dated Oct.24 reads in part. EFC …
Read More »Commercial bank status is top on our agenda – EFC MD
EFC Uganda Limited also known as EFC Uganda is a microfinance deposit-taking institution in Uganda and has been operating since 2012. The company’s Managing Director Shem Kakembo spoke to The Independent’s Julius Businge about their business. What is your description of EFC as a business as we speak? Our business …
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