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Lynette Akol is the proprietor of Krystal Ice Limited (KIL), a company that prides itself in producing a variety of ice products ranging from ice flakes, ice cubes, healthy and nutritious ice pops with a range of delicious flavors which include orange, watermelon, mango, pineapple, strawberry and mixed fruit among others. The company has built a strong relationship with key stakeholders such as dfcu bank, and the Uganda Industrial Research Institute (UIRI) who have been instrumental in provision of industrial research and product development. Akol’s business is situated on the bustling Commercial Street in Luzira, where we met her for…
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My first encounter with dfcu was in the early 1970s, a period when the Uganda Development Corporation (UDC) and dfcu were pivotal players in the nation’s development finance sector. It was in 1972 when I joined dfcu as a Junior Executive, reporting directly to the General Manager. At the time it was known as the Development Finance Company Uganda. However, shortly after this, Uganda experienced a significant economic setback due to Idi Amin’s expulsion of the Asian community, a decision that, in my view, derailed the country’s economy for many years. Despite these challenging times, dfcu has shown remarkable resilience…
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The banking industry has evolved since the bank’s inception in 1964. How has dfcu Bank adapted to these changes? The financial sector and banking industry have undergone major transformations that range from technological advancements to regulatory changes. By embracing innovation, being prepared for our customers’ needs and prioritising the professional development of our staff, we have created a powerful, locally relevant brand that continues to deliver on our brand purpose and customer promise. The advancement of technology across all spheres of life has altered the way individuals and businesses do their banking. We are more equipped than ever to streamline…
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