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Gen Otema, wife lose defamation case against DFCU

Gen Otema, wife lose defamation case against DFCU

The High Court has dismissed a defamation case filed by Lt Gen Charles Otema Awany and his wife, Elizabeth, against DFCU Bank, after the bank advertised their properties for sale over an uncleared loan.The case dates back more than a decade to when the couple entered into a banking relatio

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From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

Agriculture employs more than 70% of Uganda’s population, but for many households it remains subsistence, low input, low output, and highly exposed to weather and price shocks. Access to financing is still limited, and value addition across most value chains remains underdeveloped.That s

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M7 Favorite Pharma Investor Magoola, In Whom Govt Sunk Ugx700bn, Runs Broke; Workers Go Months Without Pay

M7 Favorite Pharma Investor Magoola, In Whom Govt Sunk Ugx700bn, Runs Broke; Workers Go Months Without Pay

All isn’t well at the Matuga-based DEI Pharma, a multi-billion pharmaceutical manufacturing enterprise based at Matugga along Kampala-Bombo Road.The company, which is meant to manufacture pharmaceutical products for both the local market and for export purposes, has about 100 employees.

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How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it

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ALL IS WELL? UNOC Bosses Exposed as Leaked Dossier Flags Strategic Failures, Fuel Security Gaps Amidst Middle East War

ALL IS WELL? UNOC Bosses Exposed as Leaked Dossier Flags Strategic Failures, Fuel Security Gaps Amidst Middle East War

The heat is on at the Uganda National Oil Company (UNOC) after the Auditor General’s December 2025 report tore through the glossy public relations spin amidst war on Iran and laid bare troubling gaps in fuel security, funding shortfalls, underperformance and strategic failures that now raise un

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dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex

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Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Sudhir and Mwenda share a light moment at the billionaire's home in Kololo.Kampala, Uganda | — A resurfaced video clip of veteran journalist Andrew Mwenda has ignited fresh debate on social media after he openly acknowledged his close personal and financial ties to businessman Sudhir Ru

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Deputy DG Uganda Civil Aviation Authority Appointed Nile Breweries Board Chairperson

Deputy DG Uganda Civil Aviation Authority Appointed Nile Breweries Board Chairperson

NATIONALNile Breweries Limited (NBL), Uganda’s leading beer manufacturer, is pleased to announce the appointment of Ms. Olive Birungi Lumonya as Chairperson of the Board of Directors, effective January 1, 2026. Ms. Lumonya assumes the position following the untimely passing of Mr. Franci

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Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the

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Sudhir Ruparelia Loses Shs 40bn Case Against dfcu Bank

Sudhir Ruparelia Loses Shs 40bn Case Against dfcu Bank

Sudhir RupareliaKampala — The High Court has dismissed an application by Meera Investments Ltd, led by businessman Dr. Sudhir Ruparelia, seeking to have dfcu Bank cited for contempt of court over failure to restore dozens of properties, ruling that the bank was protected by a valid court

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