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dfcu shareholders receive 121% dividend boost as profits surge to Shs 72.1bn

dfcu shareholders receive 121% dividend boost as profits surge to Shs 72.1bn

dfcu Annual General MeetingShareholders of dfcu Limited are set to earn a 121 per cent increase in dividend payout for 2024, rising to Shs 20.09 per share from Shs 9.10 in 2023, following a remarkable turnaround in the bank’s financial performance.

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Ssemujju Minana Emotionally Reveals What he Was Given in Prison by fellow Inmates

Ssemujju Minana Emotionally Reveals What he Was Given in Prison by fellow Inmates

Abdul Noor Ssemujju, alias Minana, a former police operative charged in the 2015 murder of senior state prosecutor Joan Kagezi, made an emotional outburst in Nakawa Chief Magistrates Court, revealing the harsh realities of his prison treatment.Minana,&nbs

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Nnaabagereka, VP Alupo Lead Fundraising Run for Shs8bn Church Project

Nnaabagereka, VP Alupo Lead Fundraising Run for Shs8bn Church Project

Vice President Jessica Alupo has praised Kabaka Ronald Mutebi for his inclusive development initiatives that benefit all Ugandans, citing programs like the Mwanyi Terimba (Coffee Truth) campaign that empower communities through coffee farming.Alupo made the remarks on Saturday while joinin

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Museveni Government Extends Term of Office for LC I and II Chairpersons. See Details

Museveni Government Extends Term of Office for LC I and II Chairpersons. See Details

Raphael Magyezi. Courtesy PhotoPresident Yoweri Kaguta Museveni’s government has extended the term of office for Local Council I (LC I) and Local Council II (LC II) Chairpersons and their committees for another six months.Local Government Ministe

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The untold story of Diddy's dad and his twisted crimes

The untold story of Diddy's dad and his twisted crimes

As the world is gripped by Sean Diddy Combs' criminal trial and wonders what could have possibly led him into such depths of deprav

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Bill Gates to give most of his $200bn fortune to Africa

Bill Gates to give most of his $200bn fortune to Africa

Microsoft founder Bill Gates says that most of his fortune will be spent on improving health and education services in Africa over the next 20 years.The 69-year-old said that "by unleashing human potential through health and education, every country in Africa should be on

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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

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Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE

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US to double tariffs on steel and aluminium imports to 50%, Trump says

US to double tariffs on steel and aluminium imports to 50%, Trump says

President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re

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Jinja Tourism Institute Inks Shs1.1bn Grant Deal With Belgian Agency  to Support Skills Training

Jinja Tourism Institute Inks Shs1.1bn Grant Deal With Belgian Agency to Support Skills Training

In a strategic move to foster green and decent employment opportunities for Ugandan youth, Enabel, the Belgian agency for international cooperation, and the Uganda Hotel and Tourism Training Institute (UHTTI) have signed a €260,000 ( approximately shs1.1 billion) grant agreement to support skil

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