Ruth Asasira According to an article titled ‘Unlocking the potential of women entrepreneurs in Uganda’ and published by the World Bank, Uganda has a strong culture of entrepreneurship, including among women. It is one of only seven countries worldwide that has achieved gender parity in terms of the number of women driven to pursue entrepreneurial […]
Tag: XUGA_DFCU
Uganda Securities Exchange equity turnover drops 73%
Uganda Securities Exchange (USE) started the new year on a weak footing with equity turnover falling by 73.8 percent to Ush 2.05 billion ($579,828) in January. According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily […]
USE equity turnover drops 73pc
Traders at one of the Business awareness events in 2012 in Kampala. PHOTO | FILE According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily average turnover of about Ush103 million ($29,132.8). The volume of shares […]
USE equity turnover drops 73pc
Traders at one of the Business awareness events in 2012 in Kampala. PHOTO | FILE According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily average turnover of about Ush103 million ($29,132.8). The volume of shares […]
Dfcu Bank, UIA Launch Fifth Edition of Rising Woman Initiative
Mathias Katamba, CEO dfcu Bank making remarks at the launch of the 5th Rising Woman edition yesterday at Sheraton Hotel. dfcu Bank, in partnership with the Uganda Investment Authority (UIA) and Monitor Publications Limited (MPL) has launched the fifth edition of the ‘Rising Woman’ program. ‘Rising Woman’ is an initiative that aims to recognize, celebrate, […]
Central banks take heat over actions on lenders as BoU loses Crane suit
Uganda’s Crane Bank was put under statutory management by the regulator in 2016 following a damning audit report that revealed insufficient capital levels and gross mismanagement. PHOTO | FILE Crane Bank was placed under statutory management by Bank of Uganda in September 2016 following a damning audit report that revealed insufficient capital levels, shrinking liquidity […]
Bank of Uganda loses historic case against former Crane Bank shareholder
The former Crane Bank was placed under statutory management by Bank of Uganda (BOU) in September 2016 following a damning audit report that revealed insufficient capital levels, shrinking liquidity ratios, surging loan default levels and gross mismanagement, among others. Signs of financial distress felt by the collapsed lender were evidenced by an emergency financial support […]
Dfcu Bank How Is Supporting Small Businesses to Recover and Thrive
Ronald Kasasa, dfcu Bank Head of Business Banking dfcu Bank has been at the forefront of transforming businesses in Uganda by providing affordable and flexible financing solutions. The Small Business Recovery Fund supports small businesses that have been affected by the Covid- 19 pandemic. We spoke to Ronald Kasasa , dfcu Head of Business Banking […]
dfcu Bank Launches Recovery Loans to Support SMEs
Ronald Kasasa, dfcu Bank Head of Business Banking dfcu Bank has launched its Small Business Recovery Fund that aims at offering financial uplift to small businesses that have been adversely impacted by the COVID-19 pandemic. The dfcu recovery fund is part of the bigger industry action spearheaded by government through the Bank of Uganda. A […]
Businesses reap as schools re-open
Kampala, Uganda | THE INDEPENDENT | Uganda’s decision to re-open schools after nearly two years to control the spread of coronavirus in the population has come as a blessing to traders in Kampala, according to Thadeus Musoke, the acting chairman of Kampala City Traders Association (KACITA). Musoke, who spoke to The Independent in an interview […]