On 3rd December 2025, dfcu Bank CEO Charles Mudiwa delivered a powerful address at the Emmanuel Tumusiime Mutebile Annual Public Lecture at Makerere University. Speaking under the theme “Shaping Africa’s Future: Intergenerational Leadership, Economic Resilience & the Power of Innovation,” Mudiwa emphasized that intergenerational leadership is “not a favour to the youth; it’s a survival strategy.” He highlighted the importance of breaking age-based barriers, blending wisdom with fresh ideas, and fostering collaboration across generations to drive Africa’s progress. Mudiwa’s message was clear: success comes from adaptability, cooperation, and evolving together. dfcu CEO Charles Mudiwa (center) receives a commemorative tie during…
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In a financial world increasingly shaped by agile Fintechs and digital-first lenders, dfcu is something of an old soul. At 60 years old, it carries the legacy—and the burden—of being one of Uganda’s most established financial institutions. But legacy alone doesn’t guarantee relevance. For years, dfcu wrestled with stagnating earnings, a flatlining share price, reputational bruises from Crane Bank acquisition, and skeptical investors. Yet 2024 marked a stunning reversal. Group profits surged by 151% to UGX72 billion. Non-performing loans halved and the share price, long stuck in neutral, appreciated by 12%—a quiet but significant signal to markets. “This underscores our…
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The banking sector has posted resilient growth over the past five years, despite macroeconomic pressures, digital disruption, and the COVID-19 pandemic as well as regulatory reforms. From 2019 to 2024,…
When dfcu Bank in January 2017, acquired Crane Bank, then one of the five largest Banks in Uganda, for UGX200 billion, it had been hoped that dfcu’s market share fortunes…
Hardly two years after arriving in Uganda to take up her very first CEO role at Uganda’s largest telco, MTN Uganda, Sylvia Mulinge has emerged as Uganda’s most admired CEO, in the CEO East Africa Magazine’s inaugural 100 Leading & Most Admired CEOs In Uganda Survey. The 2-in-1 CEO East Africa Magazine’s Most Trusted and Respected Companies & The Most Admired CEOs in Uganda Survey 2024 is part of the magazine’s thought leadership agenda that seeks to create a body of knowledge on what exactly great companies and great leaders are made of, as well as recognise them. “This, we…
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dfcu Bank in partnership with Vision Group, The Embassy of the Netherlands, KLM Airlines, and Koudjis Nutrition BV flagged off the winners of the 2023 Best Farmers Competition at the dfcu Bank Head Office on Thursday last week to a learning excursion in the Kingdom of the Netherlands. The cohort of winners will be embarking on a transformative study tour to the Netherlands for an extensive week-long training. Over the past 10 years, over 100 farmers have been celebrated for their innovation and contributions to the country’s agricultural landscape. The tour is a significant milestone in Uganda’s agricultural sector as…
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dfcu Bank has reaffirmed its commitment to transforming lives, businesses, and communities across Uganda through its “60 Acts of Kindness” staff campaign with all the Bank’s staff around the country taking part in a series of corporate social responsibility (CSR) initiatives. Funded by both individual staff and bank contributions, the campaign is part of dfcu Bank’s celebration of its 60-year legacy as a Ugandan bank that has played a significant role in the socioeconomic development of the country, since its origins as a development finance institution. Since May 2024, the Bank’s employees have actively participated in numerous community-impact activities, demonstrating…
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dfcu Bank this week announced its financial results for the first half of fiscal year 2024, reporting an improved performance in Net profit after tax, which increased by 45% to UGX 42 billion in June 2024 from UGX 29 billion in June 2023. The bank said in a statement that this was driven by a significant reduction in credit losses from loans and advances owing to sustained recovery efforts, a reduction in the interest expense cost as a result of a deliberate effort to balance the bank’s deposit drivers, and growth in fees and commission arising from the increase in…
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dfcu Bank’s CEO and leadership team have successfully concluded a series of customer engagement sessions in the Northern region of Uganda in the districts of Lira, Kitgum, Dokolo, Arua, Abim, Pader and Gulu. These engagements were part of dfcu Bank’s 60th anniversary celebrations and also dfcu Bank’s broader commitment to continue supporting economic development and fostering financial inclusion across Uganda. While visiting the Abim District Local Government office; the local leadership noted the bank’s pivotal role in transforming the lives of the residents through the Parish Development Model (PDM). As the only bank in Abim district, dfcu Bank has been…
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As Northern Uganda continues to achieve and drive economic transformation, dfcu Bank stands hand in hand with the region, equipped with a strategic plan and the resources required to support the region’s burgeoning potential. The bank’s innovative solutions, localised products and community interventions aim at fostering sustainable development by channelling investment into key areas that will benefit the region’s inhabitants, businesses and communities. More recently, Northern Uganda has gained attention for its significant mineral deposits, including gold, copper, graphite and rare earth elements. This resource boom promises to reshape the local economy, creating new opportunities for businesses and communities. However,…
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