John Magara

Allan Joshua Mwesiga (left), the Director of Strategy and Corporate Affairs at UDB, congratulates Bwendero Dairy Farm's Managing Director, John Fitzgerald Magara for being an exemplary client.

Great thing$ happen when hard work meet$ appropriate financing- the sweet tale of Uganda Development Bank and Bwendero Dairy Farm in Hoima district

BDF was started by the late Hon. Caesar Joseph Magara in 1964, on a small piece of land in Kitoba village, Hoima district. Caesar Magara was a Member of Parliament in the
The Minister of State for Bunyoro Affairs, Hon. Jenepher Namuyangu (3rd R), The State Minister for Public Service. Hon. Grace Mary Mugasa (3rd L), Joshua Mwesigwa (2nd L), the UDB Director of Strategy & Corporate Affairs who represented The UDB Managing Director - Patricia Ojangole, The proprietor of Bwendero Dairy Farm, Magara John (2nd R) and other officials during the UDB Annual Press Briefing where the bank announced excellent results for 2022 reflecting strong investment in various businesses across the country. The event was held today (10th Feb, 2023) at Bwendero Dairy Farm in Hoima District.

UDB TO THE RESCUE: Government-owned development finance leader reports 52% growth in the lending portfolio for 2022

At a time when post-Covid-19 private sector credit growth remains constrained with mild growth in a select few sectors, Uganda Development Bank (UDB) has reported a 52% gross loan portfolio growth from
February 11, 2023

 

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