Monthly Archives: August, 2022

Victoria University Partners With Stanbic Bank To Give Laptops To Students On Loan

Victoria University has partnered with Stanbic Bank Uganda to enable students acquire brand new laptops on credit. The much sought-after financing scheme was launched Monday August 22. According to Stanbic Bank Uganda Executive Director Emma Mugisha, the arrangement will provide student financing for the purchase of laptops to enable learners carry out their research projects…

Ugandan businessman murdered in South Africa

Unidentified thugs have brutally murdered a South African-based Ugandan businessman for unknown reasons. The assailants kidnapped Fred Galiwango, who has been running a vehicle mechanical workshop in Lancaster Soweto on Sunday last week. His mutilated body that was chopped into pieces was discovered at the start of this week. South African authorities repatriated Galiwango’s body…

Thank You So Much For Being a Supporting Partner – Mrs. Jyostna Heaps Praise on Dr. Sudhir Ruparelia after Successful Kamuli Eye Camp

Mrs. Jyotsna Ruparelia, the wife to Kampala Businessman Dr. Sudhir Ruparelia has heaped praise onto her husband for always being very supportive in her endeavors after a successful eye medical camp held in Kamuli over the weekend. Ms. Jyotsna, a born of Kamuli district was among the organizers as the Ruparelia Foundation on Saturday the…

Corporate Social Resposibility: Hundreds Turn Up As Ruparelia Foundation Holds Medical Camp In Kamuli District 

The Ruparelia Foundation, which was started up by city businessman Sudhir Ruparelia, over the weekend held a medical camp in Kamuli District, at the Shree Hind Bhavin Samal, during which medics attended to over 846 people. During the medical camp, the Ruparelia Foundation is providing free eye checks, treatment, glasses and cataracts surgeries. Statistics from…

Big Storm: How DFCU Bank Was Dragged Down By Crane Purchase As Other Banks Report Stellar Profits

While Uganda’s banking sector recorded strong financial results for 2021, the Development Finance Company of Uganda (DFCU) Bank continues to reel from its acquisition of Crane Bank in 2017 and the fallout from the Covid-19 pandemic. The third-largest domestic bank in Uganda in terms of assets recorded a 46% drop in profit to USh9.3bn ($2.6m)…

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