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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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The Rise And Fall Of The Aponye Business Empire: From Agro Giant To Debt Distress

The Rise And Fall Of The Aponye Business Empire: From Agro Giant To Debt Distress

For decades, the name Aponye stood tall in Uganda’s business circles, synonymous with agro-processing success, expansive real estate investments, and strategic government supply contracts.Founded by the late Apollo Nyegamehe, commonly

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Uganda Overtakes Ethiopia as Africa’s Top Coffee Exporter

Uganda Overtakes Ethiopia as Africa’s Top Coffee Exporter

Uganda overtook Ethiopia to become Africa’s leading coffee exporter, marking a major milestone for the country's agriculture sector and export economy.According to the latest export figures for May 2025, Uganda exported 47,606.7 tonnes of coffee—surpassing Ethiopia’s 43,481 tonnes in

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Govt community roads initiative boosts market access for oilseed farmers in 81 districts

Govt community roads initiative boosts market access for oilseed farmers in 81 districts

Government has embarked on a major infrastructure drive to boost agricultural productivity and rural connectivity through the rehabilitation and construction of Community Access Roads (CARs) under the National Oilseeds Project (NOSP).The initiative, currently underway in 81 districts, targ

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Meet Jordan Ssebuliba, a man who declared his father mad in order to take over property

Meet Jordan Ssebuliba, a man who declared his father mad in order to take over property

Jordan Ssebuliba, about 50 years old, is an estranged son who has severally dragged his father, city businessman Mohan Musisi Kiwanuka to courts of law over the years.He has also been bonded severally in many police stations in cases that are not related

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Uganda Launches First-Ever Youth Energy Summit to Champion Sustainable Energy Future

Uganda Launches First-Ever Youth Energy Summit to Champion Sustainable Energy Future

Uganda has launched its first-ever Youth Energy Summit (YES 2025), with State Minister for Energy Phiona Nyamutoro calling on young people to take the lead in driving the country’s transition to sustainable and inclusive energy systems.Speaking at the launch, Minister Nyamutoro said the

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Vandals Blamed for Darkness on Kampala Northern Bypass Despite New Streetlights

Vandals Blamed for Darkness on Kampala Northern Bypass Despite New Streetlights

Authorities have blamed persistent vandalism for the continued darkness along parts of the Kampala Northern Bypass, where streetlights had recently been installed but abruptly stopped working — sparking concern and questions from road users.The Ministry of Works and Tran

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Uganda is on a Mission to Change Its Destiny

Uganda is on a Mission to Change Its Destiny

The Permanent Secretary of the Ministry of Finance Ramathan Ggoobi, who is also the Secretary to Treasury has said Uganda is on a mission to change its destiny, noting that in 15 years from now, naysayers will be proved wrong.“ We are people on a mission. Some people think we are still i

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Govt Targets Grassroots Prosperity with Expanded Wealth Creation Budget

Govt Targets Grassroots Prosperity with Expanded Wealth Creation Budget

The Ministry of Finance has announced that over Shs 8.03 trillion has already been channelled into Uganda’s key wealth creation programmes—namely the Parish Development Model (PDM) and Emyooga—marking a substantial boost in efforts to transform household incomes and uplift the national econ

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DRC Conflict: Uganda’s Role in the Search for Regional Stability

DRC Conflict: Uganda’s Role in the Search for Regional Stability

Security experts, analysts, and civil society leaders have convened in Kampala to dissect the persistent conflict in the Democratic Republic of Congo (DRC) and its growing implications on regional peace and development.The high-level dialogue, organised by the Advocates Coalition for Devel

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