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Independent Reporter

dfcu driving commodity finance

Godfrey Mundua is dfcu bank’s head of corporate banking that handles one big segment in the institution called commodity financing. He spoke to The Independent’s Julius Businge about the opportunities this line of credit is offering. What is commodity structured finance all about? Structured commodity finance is a specialised way …

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Pension sector assets hit Shs 11.6trillion

Only 14% of the country’s working population has some sort of retirement benefit scheme Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector continues to register growth amidst the bickering over the proposed changes to the National Social Security Fund Act. Latest statistics from the industry regulator, Uganda Retirement Benefits …

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Jinja RDC calls for interdiction of senior municipal officials

Kampala, Uganda | THE INDEPENDENT |  Jinja Resident District Commissioner Eric Joseph Sakwa is calling for the interdiction of three senior officials in Jinja Municipal Council.    Sakwa says the civil servants should be interdicted and investigated over the land and purchase of government land located on plot 24 B Kyabazinga …

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