Business

Was Crane Bank taken for free as revelation say BoU has shares in DFCU?

The defunct Crane Bank Limited is reported to have been sold at a mere Shs200 billion shillings, however, revelation indicate the Shs200 billion where for liabilities...

PM Rugunda calls for increased Intra African trade

Intra-African trade is extremely low and currently accounts for only 10% of all commerce on the continent, Uganda’s Prime Dr. Ruhakana Ruganda, has said,...

How to maintain that one percent edge

By Martin Zwilling No company or entrepreneur gets it right every time. As an angel investor, I have found that people claiming a perfect record...

DFCU: Will the Crane Bank ‘halo’ ruffle shareholders?

The Development Finance Company of Uganda (DFCU), one of the biggest financial institutions in Uganda is owned by a consortium of 10 investors, the...

The loans that crippled Crane Bank

By Our Reporter Before its untimely sale to rival DFCU Bank, Crane Bank had lent clients net loans worth Sh700 billion as of October 20,...

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