The Bank of Uganda, on Wednesday last week announced that its Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 10%. This is the …
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How Can Cybersecurity Be Enhanced in Uganda’s Evolving Cashless Economy?
A cashless economy is a system where financial transactions are conducted electronically instead of using physical money or cash. This can involve various methods such as credit/debit cards, mobile banking, …
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Banking & SavingsFinanceLatest NewsNews
Banking on Growth: How Strategic Investments and Community Initiatives by dfcu Bank are Propelling Northern Uganda’s Economic Growth
As Northern Uganda continues to achieve and drive economic transformation, dfcu Bank stands hand in hand with the region, equipped with a strategic plan and the resources required to support …
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Global Disruption: Airlines, Banks & Stock Market Hit by Microsoft Outage
Microsoft has experienced a global outage that had far-reaching implications, triggering a cascade of disruptions that have severely impacted air travel worldwide. This outage has not only grounded flights and …
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Banking & SavingsFinanceLatest NewsNews
Dfcu Limited Announces 6.8 Billion Shilling Dividend Payout to Shareholders
Dfcu Bank has announced a significant dividend payout, totaling 6.8 billion shillings to its shareholders for the financial year ended December 31, 2023. This announcement was made during the bank’s …
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Banking & SavingsFeaturesLatest NewsNews
Stanbic donates maternal healthcare equipment to Naguru Hospital
Stanbic Uganda Holdings Limited (SUHL) has donated vital medical equipment and consumables worth UGX 30 million to the maternity ward of Naguru Hospital, also known as China-Uganda Friendship Hospital. The …
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Banking & SavingsFeaturesFinanceLatest NewsNews
Dfcu bank celebrates 60 years of financial leadership.
Dfcu Bank marked its 60th anniversary at a grand gala, celebrating six decades of operation and impactful service towards fulfilling its purpose of ‘Transforming Lives and Businesses. The Diamond anniversary …
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Transforming Uganda’s Manufacturing Sector, with Joan Kaagaza, Sector Head of Manufacturing at dfcu Bank.
As dfcu Bank celebrates 60 years of transforming lives and businesses in Uganda, the bank’s commitment to creating a positive impact remains unwavering. Dfcu recently announced its Sector Specialisation strategy, …
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In exercise of its powers under Sections 99 and 17 (b) & (f) of the Financial Institutions Act, 2004, as amended, the Bank of Uganda has effective today, June 18, …
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Minister Hails Stanbic Bank for Amplifying Fight Against Menstrual Poverty.
The State Minister for Kampala and Metropolitan Affairs, Kabuye Kyofatogabye, has commended Stanbic Bank for its unwavering commitment to addressing community challenges such as menstrual poverty in the Kampala metropolitan …