Ugandan business leaders have expressed unequivocal support for the East African Crude Oil Pipeline (EACOP), a project they say will guarantee Uganda’s energy security as well as improve the livelihoods…
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Private Sector Foundation Uganda (PSFU) together with Tanzania Private Sector Foundation (TPSF) in partnership with The Ministry of Foreign Affairs through its Uganda High Commission in Tanzania will convene a…
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Shareholders of British American Tobacco Uganda Limited (BAT Uganda) have ratified UGX19.9 billion (UGX 406 per share) as a first and final dividend for the year ended 31st December 2020….
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While the Covid-19 pandemic impacted economies the world over including Uganda, British American Tobacco Uganda Limited (BAT Uganda) navigated the storms and registered a resilient performance for the year ended…
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Prominent City lawyer and business man Elly Karuhanga, has been re-elected as dfcu Limited Chairman, the holding company of dfcu Bank, the 5th largest bank by assets.Karuhanga’s re-election was announced…
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By Hon. Dr. Elly KaruhangaPrivate Sector Foundation Uganda (PSFU) has recently held several meetings with Government and development partners in an attempt to devise mitigation measures to contain the effects…
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According to a source at the Uganda Securities Exchange (USE), IFU reportedly paid UGX645 per share, meaning they paid UGX48.1 billion for the 74,580,276 shares. The deal values dfcu at UGX482.5 billion.
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The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018.The banking sector, dominated 69% of these assets, followed…
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Dfcu Bank, had to pay William Sekabembe a 47% salary increment to stop him from crossing to rival KCB Bank, where he had been offered a Managing Director role, we…
