Kampala, Uganda | THE INDEPENDENT | dfcu has appointed Kate Kiiza to replace William Ssekabembe who retires at the end of this month. A notice by the Board of Directors informed shareholders about the new development through the Uganda Securities Exchange. Kiiza has been working at the bank as chief financial …
Read More »SEKABEMBE: dfcu ready to support roads sector
Come to us for credit support, dfcu bosses tell road sector players Kampala, Uganda | JULIUS BUSINGE | Road contractors should consider partnering with financial institutions to increase their chances of winning while bidding for big projects, according to dfcu Bank Executive Director and Chief Commercial Officer, William Sekabembe. “We …
Read More »Why banks won’t hurry to cut interest rates
Industry executives to respond to Mutebile’s call upon carefully evaluating their commitments with clients Kampala, Uganda | JULIUS BUSINGE | Commercial Bank top executives plan to respond to the central bank’s call to lower interest rates upon carefully analyzing their current loans and sector developments. The Bank of Uganda Governor, …
Read More »Behind dfcu’s 52% decline in net profit
Top managers are optimistic the future of the business is bright Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu would be happier if the bank’s financial accounts showed a decline in costs and increase in revenue. This is not the case for the financial year 2018. However, dfcu’s …
Read More »Top CEOs call for Ugandan agricultural revolution
Three top Chief Executive Officers from three different sectors have called on government and the private sector to think big about transforming Uganda’s current peasantry and subsistence agriculture, to a new commercial level Jimmy Mugerwa, the General Manager at Tullow Oil Uganda, William Sekabembe, the Executive Director at dfcu …
Read More »Digital banking: Why it is good for business and jobs
When The Independent recently spoke to William Sekabembe, the chief of business and executive director at dfcu about the bank’s strategy on digital banking, his comments reflected the popular view. “We are investing heavily in technology so we can serve our customers without necessarily opening new branches in all parts …
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