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DFCU Group
The Development Finance Company of Uganda Group, commonly referred to as the DFCU Group, is a financial services company in Uganda. Overview * DFCU Limited * DFCU Bank Limited * DFCU Leasing Limited * Rwenzori Properties Limited * Nakasero Properties Limited DFCU Limited is the holding company and it is listed on the Uganda Securities Exchange ( USE), under the symbol DFCU. DFCU Stock , DFCU stock is owned by the following corporate entities and individuals: DFCU House DFCU Group is in the process of building its new headquarters, which will also house the main branch of DFCU Bank. The building will be known as DFCU House and will rise an estimated ten stories high. Located at 26 Kyaddondo Road, on Nakasero Hill, in Kampala's central business district, the development will have underground and surface parking, as well as rentable, retail and office space on several levels. See also * DFCU Bank * Banking in Uganda * List of tallest buildings in Kampala There are over ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda Securities Exchange
The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's central bank. The exchange opened to trading in January 1998. At that time, the exchange had just one listing, a bond issued by the East African Development Bank. Trading was limited to only a handful of trades per week. As of July 2014, the USE traded 16 listed local and East African companies and had started the trading of fixed income instruments. The exchange is a member of the African Stock Exchanges Association. The USE operates in close association with the Dar es Salaam Stock Exchange in Tanzania, the Rwanda Stock Exchange, and the Nairobi Stock Exchange in Kenya. According to published reports in 2013, there were plans to integrate the four exchanges to form a single East African bourse. Uganda All Stock Index (ALSIUG) is the b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norfund
Norfund is a development finance institution established by the Norwegian Storting (parliament) in 1997 and owned by the Norwegian Ministry of Foreign Affairs. The fund receives its investment capital from the state budget. Its head office is located in Oslo with local offices in Thailand, Costa Rica, Kenya, South Africa and Ghana. Norfund's mission is to create jobs and to improve lives by investing in businesses that drive sustainable development in developing countries. The investments are done on commercial terms directly in companies or through local investment funds. Norfund invest in developing countries, and has chosen a strategic focus on Sub-Saharan Africa, and selected countries in Central America and South-East Asia. Clean energy, financial services and agribusiness are the three main sectors in which Norfund invests. Norfund is mainly an equity investor (normally no higher share that 35%), but the fund can also give loans. Norfund is monitoring the economic, environmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Uganda
Before Uganda's independence in 1962, the main banks in Uganda were Barclays (UK based); Grindlays (also UK), Standard Bank (South Africa based) and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the central bank and national banking regulator. The government-owned Uganda Commercial Bank and the Uganda Development Bank were launched in the 1960s. The Uganda Development bank was a state-owned development finance institution, which channeled loans from international sources into Ugandan enterprises and administered most of the development loans made to Uganda. The East African Development Bank (EADB), established in 1967, was jointly owned by Uganda, Kenya, and Tanzania. It was also concerned with development finance. It survived the breakup of the East African Community in 1977 and received a new c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parking Lot
A parking lot (American English) or car park (British English), also known as a car lot, is a cleared area intended for parking vehicles. The term usually refers to an area dedicated only for parking, with a durable or semi-durable surface. In most countries where cars are the dominant mode of transportation, parking lots are a feature of every city and suburban area. Shopping malls, sports stadiums, megachurches and similar venues often have immense parking lots. (See also: multistorey car park) Parking lots tend to be sources of water pollution because of their extensive impervious surfaces, and because most have limited or no facilities to control runoff. Many areas today also require minimum landscaping in parking lots to provide shade and help mitigate the extent to which their paved surfaces contribute to heat islands. Many municipalities require minimum numbers of parking spaces for buildings such as stores (by floor area) and apartment complexes (by number of bedr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Business District
A central business district (CBD) is the commercial and business centre of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city centre" or "downtown". However, these concepts are not necessarily synonymous: many cities have a central ''business'' district located away from its commercial and or cultural centre and or downtown/city centre, and there may be multiple CBDs within a single urban area. The CBD will often be characterised by a high degree of accessibility as well as a large variety and concentration of specialised goods and services compared to other parts of the city. For instance, Midtown Manhattan, New York City, is the largest central business district in the city and in the United States. London's city centre is usually regarded as encompassing the historic City of London and the medieval City of Westminster, while the City of London and the transform ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nakasero
Nakasero is a hill and neighborhood in the centre of Kampala, the capital and largest city of Uganda. Nakasero is important to Uganda's economy and politics, as it is home to Kampala's central business district and several government offices, including the Ugandan Parliament Buildings. Location Nakasero is bordered by Mulago to the north, Makerere to the northwest, Old Kampala to the west, Namirembe and Mengo to the southwest, Nsambya to the south, Kibuli to the southeast, and Kololo to the east. The coordinates of Nakasero Hill are 0°19'24.0"N, 32°34'44.0"E (Latitude:0.323334; Longitude:32.578890). Nakasero Hill rises above mean sea level. Overview Nakasero Hill is the location of the central business district of Kampala, whose nighttime population was estimated at 1,680,600 as of July 2020. The lower reaches of the western and southern slopes of the hill accommodate the ordinary business and commercial activities of the city (taxi parks, train station, shopping arcades ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DFCU House
DFCU House is a building in Kampala, the capital and largest city of Uganda. Location The building is located at 26 Kyaddondo Road, at the corner with Kafu Road, on Nakasero Hill, an upscale neighborhood in the central business district of Kampala. The coordinates of DFCU House are 0°19'36.0"N, 32°34'56.0"E (Latitude:0.326668; Longitude:32.582223). Overview DFCU House houses the headquarters of DFCU Group and the main branch of DFCU Bank. As of December 2017, DFCU Bank was the second-largest commercial bank in Uganda by assets, with total assets in excess of UGX:3 trillion (US$800 million). The building rises approximately above ground, with ten office floors. Space that is not used by the DFCU Group, is available for rent to commercial tenants. History DFCU Group, the parent company of DFCU Bank, had its headquarters offices scattered in several buildings in Kampala. In September 2011, construction began on a ten-story office complex on Nakasero Hill, to serve as the group's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Uganda
The Bank of Uganda ( sw, Benki Kuu ya Uganda) is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department. History In 1979 and again in 1987, the Bank of Uganda managed to maintain an exchange rate of USh to US$1. Starting in 1987, the IMF backed the development of the Bank of Uganda, and completed its first stage of recapitalizing the central bank in 1997. At the AFI Global Policy Forum held in Riviera Maya in Mexico in 2011, the Bank of Uganda was one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under The Maya Declaration. In June 2019, 7 directors of the bank were fired after accusations of printing their own money bills. Organization The board of directors of the Bank of Uganda is the bank's supreme policy making body. It is chaired by the governor or, in his or her absence, by the deputy governor. The duties ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dyer & Blair Investment Bank
Dyer & Blair Investment Bank is a Kenyan investment firm that engages in regional investment banking, securities, investment management, and other financial services with both Individual and institutional clients. It is regulated by the Capital Markets Authority. History Dyer & Blair Investment Bank was founded in Nairobi in 1954 as a partnership of Stockbrokers Hickman & Grey. In that year, it became one of the six founding members of the Nairobi Stock Exchange (NSE), established in the same year. In 1956, Messrs Derek Ingram Dyer & Patrick Murdoch Blair took over ownership from Hickman & Grey and changed the firm's name to Dyer & Blair to represent the new ownership. The Kenya Commercial Bank (KCB) acquired full ownership of Dyer & Blair partnership in 1973 and incorporated the partnership it into a limited liability company operating as a wholly owned subsidiary of the bank. This was in the aim of offering brokerage services to their clients. In 1983, KCB sold its entire s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PineBridge
PineBridge Investments (also known as PineBridge) is an American asset management firm. It was previously the asset management division of American International Group (AIG) known as AIG Investments before being sold to the Pacific Century Group in 2010. It was subsequently renamed to PineBridge Investments. History The predecessor to PineBridge was originally formed in 1996 as AIG Investments, the asset management division of AIG to oversee the group's $75 billion assets. This was done by consolidating AIG’s various investment entities into a single platform and at the time of the entity's establishment, it had 300 employees. Win Neuger who joined AIG in 1995 to lead and grow the division, was the CEO of AIG Investments as well CIO of AIG. In 2004, AIG Investments set up a joint venture with Huatai Securities forming AIG-Huatai Fund Management (now known as Huatai-PineBridge Fund Management). By 2008, the size of AIG's investments had reached $712 billion. Due to the Fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Kenya
The Central Bank of Kenya (CBK) ( sw, Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr. Patrick Ngugi Njoroge is current Governor of CBK and Sheila M’Mbijjewe is the Deputy Governor. Organizational structure Management The bank’s executive management team comprises the governor, deputy governors and heads of departments. The governor assumes the role of Chief Executive Officer of the bank and is therefore responsible for its overall management. The governor is also the bank’s official spokesperson. Governor The current governor of the bank is Patrick Ngugi Njoroge. Former governors of the Bank are: * Prof. Njuguna Ndung'u (March 2007 – March 2015) * Dr. Andrew Mullei (March 2003 – March 2007) * Nahashon Nyagah (April 2001 – March 2003) * Micah Cheserem (July 1993 – April 2001) * Eric Cheruiyot Kotut (January 1988 – July 1993) * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investec
Investec is an Anglo-South African international banking and wealth management group. It provides a range of financial products and services to a client base in Europe, Southern Africa, and Asia-Pacific. Investec is dual-listed on the London Stock Exchange and the Johannesburg Stock Exchange. It is a constituent of the FTSE 250 index. History Investec was founded as a small leasing and financing company in 1974 in Johannesburg, South Africa, by Larry Nestadt, Errol Grolman and Ian Kantor. It has expanded through growth and acquisitions. It secured a banking licence in 1980 and was first listed on the JSE Securities Exchange in South Africa in 1986, after merging with Metboard, a trust company. In 1988, Investec Bank Limited was restructured into Investec Group Limited ("IGL"), giving Investec Management and staff control of the company. In 1990, Investec acquired property management company I. Kuper & Company (Pty) Limited, Corporate Merchant Bank Limited (formerly Hill Samu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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