Business

DFCU in crisis meeting with BOU

As Britain’s Commonwealth Development Corporation plans to exit DFCU Bank, Eagle Online understands top managers at the bank are to hold a crisis meeting...

Stakeholders seek solutions to Africa’s energy challenges

Public, private, civil society stakeholders, development partners and investors in the energy sector held a two-day workshop to discuss the technical, commercial, regulatory and...

DFCU Bank should explain status openly for purposes of transparency

On July 6, the Chairman of DFC Bank Dr Elly Karuhanga addressed the media in Kampala countering earlier media reports that major shareholders were...

DFCU’s board member resigns, letter confirms CDC wants to exit

As key shareholders plan to exit DFCU Bank, other changes are also taking place. The latest is that one of an influential director on...

DFCU Bank in crisis as major investor Arise B.V. trails Britain’s CDC in exit plans

Arise B.V., an investment company based in Cape Town, also intends to quit DFCU Bank following reports that Britain’s Commonwealth Development Corporation Group (CDC)...

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