Business & MarketsThe Big Story

31 years on the airwaves– How a dfcu loan financed the startup of Capital Radio in 1993

Peter Jackson Mungoma, CEO Capital Radio with a show host

Lucky Dube. Boys II Men. These aren’t names usually associated with banking. However, it speaks volumes to the kind of trailblazer that dfcu Bank is and how it’s helped to support other Ugandan trailblazers and transform Uganda society in the process. It’s a little over 30 years since dfcu agreed to finance the startup of Capital Radio in 1993, the second FM radio station to start operating in the country following the liberalization of the radio industry by the government.  At the time, most banks did not think FM stations would be a hit in this market, and so Capital…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Tagged:
About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

beylikdüzü escort beylikdüzü escort