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Digital thieves hit UGAFODE Microfinance; make off with UGX400 million

by Muhereza Kyamutetera
UGAFODE Microfinance Chief Executive Officer, Shafi Nambobi (left) and Board Chairman, Prof. Ben Kiregyera.

UGAFODE Microfinance Limited, one of five licensed micro deposit-taking financial institutions (MDI) in Uganda, has been hit by digital fraudsters, making off with an amount said to be about UGX400…

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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