The banking institution’s stand is contained in its statement of defence dated October 22, 2020, filed at the High Court civil division, Kampala. DFCU Bank, through its lawyers Sebalu & Lule Advocates says it meant well when it paid the aggrieved sh1b as a gesture of goodwill and moral obligation. COURT|BANKING KAMPALA – DFCU bank […]
NSSF managing director Richard Byarugaba The National Social Security Fund (NSSF) recently unveiled the agency service that will enable its members to make their social security transactions and contributions at the nearest agent without visiting the fund’s offices. While unveiling the innovation at Workers House, Richard Byarugaba, the managing director of NSSF, said this is […]
L-R – ABC (U) Ltd Chief Executive Officer, Richard Yego, Richard Byarugaba, NSSF Managing Director and Matthias Katamba, dfcu Bank Managing Director at the launch (PHOTO/Courtesy). KAMPALA — The National Social Security Fund (NSSF) and dfcu Bank have unveiled an agency service that will enable its members to make their social security transactions at the […]
Mathias Katamba, CEO dfcu Bank (PHOTO/Courtesy) KAMPALA — In a move to continue making it more possible for businesses in Uganda to thrive, dfcu Bank has introduced an unsecured loan product to support small and medium businesses in Uganda. The unsecured loan product dubbed as “Baraka Loans” will enable customers to get access credit without […]
MTN Mobile Money agent Mobile money services between MTN Uganda and Airtel Uganda customers have been restored. They had been suspended on October 5 after unknown hackers comprised the systems of Pegasus Technologies, the financial technology firm that links mobile wallets of Airtel customers to those of MTN Mobile Money. “MTN Uganda and Airtel Uganda […]
The aggrieved purport that when DFCU took over operations of CBL in January 2017, new employer (DFCU) hoodwinked and terminated their contracts. In January 2017, BOU informed the public that CBL’s assets and liabilities had been transferred to DFCU. COURT|RIGHTS|BANK |EMPLOYEES KAMPALA – Justice Esta Nambayo will hear the dispute between former Crane Bank Limited […]
MTN Mobile Money agent Mobile money services between MTN Uganda and Airtel Uganda customers have been restored. They had been suspended on October 5 after unknown hackers comprised the systems of Pegasus Technologies, the financial technology firm that links mobile wallets of Airtel customers to those of MTN Mobile Money. “MTN Uganda and Airtel Uganda […]
We can all agree that saving is a good thing, but earning a return on your investment is very important not only to help you in periods when you have run out of other sources of income but also to enable you to achieve your investment goals. These goals can vary, usually, people save to […]
Company executives are optimistic the remaining half will see a surge in power sales, profitability as government relaxes COVID-19 lockdown Kampala, Uganda | ISAAC KHISA | Uganda’s electricity distributor, Umeme, is now pinning its profit growth on the remaining six months of the reporting year following government’s move to ease Covid-19 restrictions nearly two months […]
Patrick Bitature (middle), the Umeme chiarman rings a bell at the USE recently. Market executives anticipate good performance as COVID-19 threat is minimized Kampala, Uganda | JULIUS BUSINGE | Trading in the second quarter of 2020 at the Uganda Securities Exchange registered a tremendous decline as Uganda’s equity markets continued to feel the impact of […]
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