UBA Annual Report 2019.Pdf
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Former DFCU Bank Bosses Charged Over Global Fund Scam
4 NEW VISION, Thursday, April 3, 2014 NATIONAL NEWS Former DFCU Bank bosses charged over Global Fund scam By Edward Anyoli Lule, while employed by Lule through manipulation of 300 sub-recipients and DFCU – a company in which Former Global Global Fund foreign exchange, individuals be audited further Two former managers of DFCU the Government had shares – falsely claiming that it was and that former health minister, Bank have been charged with directed the bank to convert Fund boss Dr. commission fees for soliciting Maj. Gen. Jim Muhwezi and abuse of office, costing the $2m Global Fund money into Global Fund business. his deputies; Mike Mukula Government sh479m. the local currency at an inflated Muhebwa was last Kantuntu, Lule and Kituuma and Alex Kamugisha, be Robert Katuntu, the former foreign exchange rate of Magala (a city lawyer, who is prosecuted. managing director of DFCU sh1,839 per dollar, which was week charged with summoned to appear in court This resulted into the and Godffrey Lule, the bank’s higher than the rate of sh1,815, on April 11) are jointly facing establishment of the anti- former head of treasury, were raising a difference of sh48m. causing financial the charges with Dr. Tiberius corruption division of the yesterday charged before the On another charge, Lule Muhebwa, the former Global High Court in December Anti-Corruption Court chief is accused of fraudulently loss of sh108m Fund project co-ordinator. 2008, which has convicted magistrate. They denied the directing the bank staff to Muhebwa has been charged two suspects; Teddy Cheeye charges and were granted cash convert $1m Global Fund with causing financial loss of the presidential adviser on bail of sh3m each. -
Tumusiime Claire.Pdf
EVALUATION OF CREDIT POLICY MANAGEMENT AND PERFORMANCE OF MICRO-FINANCE INSTITUTIONS IN UGANDA A CASE STUDY OF PRIDE MICROFINANCE BY Tumusiime Clare BBA/6067/ 41/DU SUPERVISED BY: Mr. Naleela Kizito RESEARCH REPORT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF A BACHELOR DEGREE IN BUSINESS ADMINISTRATION AND MANAGEMENT OF KAMP AlA INTERNATIONAL UNIVERSITY • August, 2006 DECLARATION I Tumusiime Clare hereby declare that the following research report under the title "Evaluation of Credit Policy Management and Performance of Micro finance Institutions" has never been submitted to any college or university for any award. It is my original work. Signed: ~ ------------------ Tumusiime Clare BBA/ 6067/ 41/DU Date~. ~r.!.~.h .~_gl.U.J] .... ~ .Qh/' APPROVAL This research report on "evaluation of credit policy and performance of Micro- finance Institutions" in Uganda has been carried out by Tumusiime Clare under my supervision and is now ready for submission to Kampala International University. Signed:---~ ------------------------·· Mr. Naleela Kizito S~rvisor Date: ..... ~3 .. l.~ .. r.~.fe................ 11 DEDICATION I dedicate this project to my mum and Dad, Father Bonny, my sisters and brothers. May the Lord God reward them more abundantly. l1l ACKNOWLEDGEMENT With deep pleasure I wish to extend my sincere appreciation to Almighty God for giving me life and blessing my studies. My esteem love goes to my brothers; Francis, Justus, Julius, and my sisters; Rita and Sharon who had to endure a long period of struggles to support me as their sister. My sincere thanks also go to the entire staff of Kampala International University for their love and services rendered. -
Public Notice
PUBLIC NOTICE PROVISIONAL LIST OF TAXPAYERS EXEMPTED FROM 6% WITHHOLDING TAX FOR JANUARY – JUNE 2016 Section 119 (5) (f) (ii) of the Income Tax Act, Cap. 340 Uganda Revenue Authority hereby notifies the public that the list of taxpayers below, having satisfactorily fulfilled the requirements for this facility; will be exempted from 6% withholding tax for the period 1st January 2016 to 30th June 2016 PROVISIONAL WITHHOLDING TAX LIST FOR THE PERIOD JANUARY - JUNE 2016 SN TIN TAXPAYER NAME 1 1000380928 3R AGRO INDUSTRIES LIMITED 2 1000049868 3-Z FOUNDATION (U) LTD 3 1000024265 ABC CAPITAL BANK LIMITED 4 1000033223 AFRICA POLYSACK INDUSTRIES LIMITED 5 1000482081 AFRICAN FIELD EPIDEMIOLOGY NETWORK LTD 6 1000134272 AFRICAN FINE COFFEES ASSOCIATION 7 1000034607 AFRICAN QUEEN LIMITED 8 1000025846 APPLIANCE WORLD LIMITED 9 1000317043 BALYA STINT HARDWARE LIMITED 10 1000025663 BANK OF AFRICA - UGANDA LTD 11 1000025701 BANK OF BARODA (U) LIMITED 12 1000028435 BANK OF UGANDA 13 1000027755 BARCLAYS BANK (U) LTD. BAYLOR COLLEGE OF MEDICINE CHILDRENS FOUNDATION 14 1000098610 UGANDA 15 1000026105 BIDCO UGANDA LIMITED 16 1000026050 BOLLORE AFRICA LOGISTICS UGANDA LIMITED 17 1000038228 BRITISH AIRWAYS 18 1000124037 BYANSI FISHERIES LTD 19 1000024548 CENTENARY RURAL DEVELOPMENT BANK LIMITED 20 1000024303 CENTURY BOTTLING CO. LTD. 21 1001017514 CHILDREN AT RISK ACTION NETWORK 22 1000691587 CHIMPANZEE SANCTUARY & WILDLIFE 23 1000028566 CITIBANK UGANDA LIMITED 24 1000026312 CITY OIL (U) LIMITED 25 1000024410 CIVICON LIMITED 26 1000023516 CIVIL AVIATION AUTHORITY -
What Happens to Microfinance Clients Who Default?
What Happens to Microfinance Clients who Default? An Exploratory Study of Microfinance Practices January 2015 LEAD AUTHOR Jami Solli Keeping clients first in microfinance CONTRIBUTORS Laura Galindo, Alex Rizzi, Elisabeth Rhyne, and Nadia van de Walle Preface 4 Introduction 6 What are the responsibilities of providers? 6 1. Research Methods 8 2. Questions Examined and Structure of Country Case Studies 10 Country Selection and Comparisons 11 Peru 12 India 18 Uganda 25 3. Cross-Country Findings & Recommendations 31 The Influence of Market Infrastructure on Provider Behavior 31 Findings: Issues for Discussion 32 Problems with Loan Contracts 32 Flexibility towards Distressed Clients 32 Inappropriate Seizure of Collateral 33 Use of Third Parties in Collections 34 Lack of Rehabilitation 35 4. Recommendations for Collective Action 36 ANNEX 1. Summary of Responses from Online Survey on Default Management 38 ANNEX 2. Questions Used in Interviews with MFIs 39 ANNEX 3. Default Mediation Examples to Draw From 42 2 THE SMART CAMPAIGN Acknowledgments Acronyms We sincerely thank the 44 microfinance institutions across Peru, AMFIU Association of Microfinance India, and Uganda that spoke with us but which we cannot name Institutions of Uganda specifically. Below are the non-MFIs who participated in the study ASPEC Asociacion Peruana de as well as those country experts who shared their knowledge Consumidores y Usuarios and expertise in the review of early drafts of the paper. BOU Bank of Uganda Accion India Team High Mark India MFIN Microfinance Institutions -
1612517024List of Dormant Accounts.Pdf
DORMANT ACCOUNTS LIST AS AT JANUARY 2021 BRANCH CUSTOMER NAME APAC OKAE JASPER ARUA ABIRIGA ABUNASA APAC OKELLO CHARLES ARUA ABIRIGA AGATA APAC ACHOLI INN BMU CO.OPERATIVE SOCIETY APAC OKELLO ERIAKIM ARUA ABIRIGA JOHN APAC ADONGO EUNICE KAY ITF ACEN REBECCA . APAC OKELLO PATRICK IN TRUST FOR OGORO ISAIAH . ARUA ABIRU BEATRICE APAC ADUKU ROAD VEHICLE OWNERS AND OKIBA NELSON GEORGE AND OMODI JAMES . ABIRU KNIGHT DRIVERS APAC ARUA OKOL DENIS ABIYO BOSCO APAC AKAKI BENSON INTRUST FOR AKAKI RONALD . APAC ARUA OKONO DAUDI INTRUST FOR OKONO LAKANA . ABRAHAM WAFULA APAC AKELLO ANNA APAC ARUA OKWERA LAKANA ABUDALLA MUSA APAC AKETO YOUTH IN DEVELOPMENT APAC ARUA OLELPEK PRIMARY SCHOOL PTA ACCOUNT ABUKO ONGUA APAC AKOL SARAH IN TRUST FOR AYANG PIUS JOB . APAC ARUA OLIK RAY ABUKUAM IBRAHIM APAC AKONGO HARRIET APAC ARUA OLOBO TONNY ABUMA STEPHEN ITO ASIBAZU PATIENCE . APAC AKULLU KEVIN IN TRUST OF OLAL SILAS . APAC ARUA OMARA CHRIST ABUME JOSEPH APAC ALABA ROZOLINE APAC ARUA OMARA RONALD ABURA ISMAIL APAC ALFRED OMARA I.T.F GERALD EBONG OMARA . APAC ARUA OMING LAMEX ABURE CHRISTOPHER APAC ALUPO CHRISTINE IN TRUST FOR ELOYU JOVIN . APAC ARUA ONGOM JIMMY ABURE YASSIN APAC AMONG BEATRICE APAC ARUA ONGOM SILVIA ABUTALIBU AYIMANI APAC ANAM PATRICK APAC ARUA ONONO SIMON ACABE WANDI POULTRY DEVELPMENT GROUP APAC ANYANGO BEATRASE APAC ARUA ONOTE IRWOT VILLAGE SAVINGS AND LOAN ACEMA ASSAFU APAC ANYANZO MICHEAL ITF TIZA BRENDA EVELYN . APAC ARUA OPIO JASPHER ACEMA DAVID APAC APAC BODABODA TRANSPORTERS AND SPECIAL APAC ARUA OPIO MARY ACEMA ZUBEIR APAC APALIKA FARMERS ASSOCIATION APAC ARUA OPIO RIGAN ACHEMA ALAHAI APAC APILI JUDITH APAC ARUA OPIO SAM ACHIDRI RASULU APAC APIO BENA IN TRUST OF ODUR JONAN AKOC . -
Dfcu Limited 2018 Full Year Results
dfcu Limited 2018 Full Year Results dfcu Limited announces the 2018 Full Year Results and the independent external auditors’ report. The business continued 55 years of making more possible to show resilience as we consolidated our operations, For over 55 years, dfcu has supported businesses and individuals improved our asset quality and bolstered the customer value to achieve their economic aspirations through provision of long proposition with continued digitization of our operations to term financing and tailored financial solutions across key sectors of enhance customer experience. the economy including agribusiness, communication, education, agriculture, health, manufacturing, tourism, real estate, mining, We continue to support businesses, deepen financial inclusion construction, transport, trade and commerce. and engage with the communities that we serve through initiatives like Investment Club programs, Women in Business, SME Top 100 and other social responsibility initiatives. Agriculture Manufacturing Construction Trade Hotel & Tourism Education Individuals Deepening financial inclusion Through initiatives such as Investment Clubs and the Best Farmer 2018 performance highlights program in partnership with the Dutch Embassy, The New Vision, KLM Loans and advances grew by 5% as we focused on the asset quality and Koudijs, we continue to deepen financial inclusion and extend of our consolidated book, which resulted in reduction in the impairment financial literacy. expenses by 61% from UGX 49 billion to UGX 19 billion. Customer deposits remained stable at UGX 1.9 trillion as we focused on our strategy of growing the current and savings deposits that are a more cost-effective source of funding, which resulted in a 11% reduction in the interest expense from UGX 88 billion to UGX 78 billion. -
Bernard Bahemuka
Resume: Bernard Bahemuka Personal Information Application Title CHIEF CREDIT OFFICE First Name Bernard Middle Name N/A Last Name Bahemuka Email Address [email protected] Cell Nationality Uganda Gender Male Category Banking/ Finance Sub Category Private Banking Job Type Full-Time Highest Education University Total Experience 16 Year Date of Birth 27-03-1977 Work Phone +2560782366689 Home Phone N/A Date you can start 01-10-2020 Driving License Yes License No. 10143096/2/1 Searchable Yes I am Available Yes Address Address Address Hoima District City Hoima State N/A Country Uganda Institutes Institute Kampala International University City Kampala State N/A Country Uganda Address Kampala,Uganda Certificate Name Bachelors Degree in Business Administration Study Area Accounting & Management Institute Institute Of Teachers Education Kyambogo City Kampala State N/A Country Uganda Address Kampala, Uganda Certificate Name Diploma in Business Education Study Area Business Education Employers Employer Employer Encot Microfinance Limited Position Credit Manager Responsibilities Maintain and preserve Credit Operations policies , manage Credit Operations activities,Manage Credit Risk and grow the portfolio and clientele qualitatively Pay Upon Leaving 5,000,000 uganda Shillings Supervisor Chief Operating Officer From Date 01-10-2017 To Date N/A Leave Reason Carrier Growth City Kampala State N/A Country Uganda Phone N/A Address P.O.Box 389 Masindi Employer Employer Finance Trust Bank Position Branch Manager Responsibilities Over seeing general Branch -
Final-Actis Inreview Lores Single.Pdf
Actis in review 2013 The positive power of capital Contents 03 Where we are now 08 Portfolio at work Banque Commerciale du Rwanda 10 Portfolio at work Garden City 13 Actis at a glance 14 Portfolio at work Bellagio 17 Portfolio at work Globeleq Mesoamerica Energy 20 Portfolio at work Asiri Group 23 Portfolio at work AGS 26 Regions and sectors 28 Investments 29 Investors 30 Portfolio companies 34 The team São Paulo, Brazil Welcome This report summarises the events and achievements of Actis in the last twelve months. Whether we are sharing the story of the Rwandan bank in which we invested nearly a decade ago, or the ATM chain rolling out across India, the tale we tell is of strong businesses, in attractive sectors, in some of the most populous and dynamic parts of the world. Our goal is to give you a sense of the breadth of our work, and the depth of our expertise. Providing insight into the energy and promise of those high growth markets which have already begun to define this century. I hope you enjoy reading this year’s annual review. Paul Fletcher Senior Partner Accra, Ghana Where we are now If the financial meltdown corporate governance, health and safety, labour law, and environmental and social practices. of August 2008 taught They must also be highly profitable. us anything it is that Our investment professionals have this in mind everything connects. The from the first dollar and day of the investment. Everything they do is focused on creating value. fortunes of a Manhattan Their work is supplemented by a dedicated team of in-house consultants who do nothing but headquartered bank, a implement best practices, and share what they know works from their past experiences in the string of late night phone same sectors. -
Review of Research Impact Factor : 5.7631(Uif) Ugc Approved Journal No
Review Of ReseaRch impact factOR : 5.7631(Uif) UGc appROved JOURnal nO. 48514 issn: 2249-894X vOlUme - 8 | issUe - 5 | feBRUaRY - 2019 __________________________________________________________________________________________________________________________ A STUDY ON “PAYMENT BANKING IN DIGITAL AND FINANCIAL INCLUSION THROUGH LEADING –SOCIAL ADVANCEMENT INITIATIVES” Prof. K. M. Mahesh1 and Dr. K .Manjunath2 1Research Scholar at Dravidian University, Kuppam,AP & Principal, Sri Bhagawan Mahaveer Jain Evening College, V.V.PURAM,Bangalore. 2Research Supervisor , Associate Professor Department of Commerce and Management Seshadripuram college Bangalore. ABSTRACT : The Payment Banks (PBS), which offerselectronic remittances, financial advisory, online banking and more,offerimmediate value to unbanked consumers.They are designed to improve social Culture,through Digital and Financial Inclusion. Payment Bank(PBS) will lead the Social advancement in terms of living standardwhen society uses the skill fullest,that society will prosper,it makes society upward movement.The Demonetizationand Digitation are given scope for innovating techniques of banking payment system. The concept of payments banks was first proposed by a Reserve Bank of India (RBI) committee onComprehensive Financial Services for Small Businesses and Low- Income Households. led by board member Nachiket Mor. Payment Banks (PBS) will help in promoting financial inclusion, or the process of spreading banking services is critical in India, where more than half of the adult population still do not have access to banking services. Through the Payment Banks (PBS)promoting 5 A’s of FinancialInclusion in cashless payment: Availability,Accessibility,Acceptability, Affordability, and Awareness. The Jan Dhan Aadhaar Mobile (JAM),Swiping ePoS and MicroATMswill help people to get digital transaction Awareness. KEYWORDS : Payment Banks, Financial inclusion, Reserve Bank of India (RBI), Social advancement and Digitation. -
SERENA HOTELS and an Extension to the 5-Star Profile of the Flagship Kampala Serena Hotel, SAFARI LODGES .HOTELS
FACT SHEET The Resort is styled to replicate the lines of a classically rustic Roman Villa which might just as easily stand amid the sunflowers of the Tuscan Hills, as on the shores of Africa’s largest lake. This resort will offer both a contrast SERENA HOTELS and an extension to the 5-star profile of the flagship Kampala Serena Hotel, SAFARI LODGES .HOTELS. RESORTS thus ensuring that the Serena Portfolio embraces all the aspects of Uganda’s social and cooperate life. Future developments on the property include a golf-course, marina and luxury residential complex. LAKE VICTORIA SERENA RESORT GUESTROOM INFORMATION DINING AND BAR ACTIVITIES Total number of rooms and suites The Citadel All Day Restaurant 124 The Lake View Pool Terrace Standard rooms 114 The Courtyard Lounge General Manager Executive rooms 8 The Piano Bar Terrace Wilfred Shirima State Suites 2 Kigo Lounge Bar Direct Contact Lake Victoria Serena Resort FRONT DESK SERVICES P.O.Box 37761, Kampala, Uganda Express Check-in and Check-out BUSINESS CENTER SERVICES Lweza-Kigo Road, Off Entebbe Road facilities Fully equipped Business Tel: +256 41 7121 000 24 hrs Currency Exchange Center. Fax: +256 41 7121 550 Facilities Private boardrooms Email: [email protected] Secretarial Services Website: www.serenahotels.com Faxing Services TRANSPORTATION TO/FROM THE HOTEL Entebbe International Airport is CONFERENCE ROOM 35 kilometers away. FACILITIES Taxis and Shuttle services Reservations Spacious, well appointed Available Kampala Serena Hotel meeting rooms with modern Limousine Services Available Tel: +256 41 4309 000 facilities Fax: +256 41 4259 130 Banquet and catering services Email: [email protected] GUEST ROOM FACILITIES Remote controlled air conditioning Other Conference facilities in all the rooms. -
Absa Bank 22
Uganda Bankers’ Association Annual Report 2020 Promoting Partnerships Transforming Banking Uganda Bankers’ Association Annual Report 3 Content About Uganda 6 Bankers' Association UBA Structure and 9 Governance UBA Member 10 Bank CEOs 15 UBA Executive Committee 2020 16 UBA Secretariat Management Team UBA Committee 17 Representatives 2020 Content Message from the 20 UBA Chairman Message from the 40 Executive Director UBA Activities 42 2020 CSR & UBA Member 62 Bank Activities Financial Statements for the Year Ended 31 70 December 2020 5 About Uganda Bankers' Association Commercial 25 banks Development 02 Banks Tier 2 & 3 Financial 09 Institutions ganda Bankers’ Association (UBA) is a membership based organization for financial institutions licensed and supervised by Bank of Uganda. Established in 1981, UBA is currently made up of 25 commercial banks, 2 development Banks (Uganda Development Bank and East African Development Bank) and 9 Tier 2 & Tier 3 Financial Institutions (FINCA, Pride Microfinance Limited, Post Bank, Top Finance , Yako Microfinance, UGAFODE, UEFC, Brac Uganda Bank and Mercantile Credit Bank). 6 • Promote and represent the interests of the The UBA’s member banks, • Develop and maintain a code of ethics and best banking practices among its mandate membership. • Encourage & undertake high quality policy is to; development initiatives and research on the banking sector, including trends, key issues & drivers impacting on or influencing the industry and national development processes therein through partnerships in banking & finance, in collaboration with other agencies (local, regional, international including academia) and research networks to generate new and original policy insights. • Develop and deliver advocacy strategies to influence relevant stakeholders and achieve policy changes at industry and national level. -
Annual Report
2017/18 ANNUAL REPORT RESILIENCE AND RECOVERY ABOUT US New Vision Printing & Publishing Company Limited started business in March 1986. It is a multimedia business housing newspapers, magazines, internet publishing, televisions, radios, commercial printing, advertising and distribution services. The Company is listed on the Uganda Securities Exchange. Our Vision A globally respected African media powerhouse that advances society Mission To be a market-focused, performance-driven organisation, managed on global standards of operational and financial efficiency Values • Honesty • Innovation • Fairness • Courage • Excellence • Zero tolerance to corruption • Social responsibility 2 VISION GROUP ANNUAL REPORT 2017/18 INTRODUCTION This is the Annual Report of New Vision Printing & Publishing Company Limited trading as Vision Group for the year ended June 30, 2018. This Annual Report includes financial and non-financial information. It sets out the Company’s strategy, financial, operational, governance, social and environmental performance. The Annual Report also contains the risks and opportunities affecting the Company. The purpose of producing an Annual Report is to give the shareholders an annual view of how the Company has performed and what the Board is striving to do on behalf of the shareholders. 1 TABLE OF contENT Notice of Annual General Meeting 4 Company Profile 5 Business Review 15 Board of Directors 19 Chairperson’s Statement 21 Executive Committee 26 CEO’s Statement 27 Corporate Governance Statement 31 Shareholder Information 42 Proxy Card 47 Sustainability Report 50 Accolades 80 Financial Statements 82 2 VISION GROUP ANNUAL REPORT 2017/18 LIST OF AcronYMS AGM - Annual General Meeting Annual Report - An annual report is a comprehensive report on a company’s activities including the financial performance throughout the year.