Arise B.V.

CompaniesPolitics & Policy

Banks should strengthen defences against fake news — Mutebile

In an address to the Uganda Bankers Association, the governor of the Bank of Uganda said false allegations to malign Dfcu had failed. He added that banks should do more to ward off reputational risk by, among other strategies, combatting fake news
A Dfcu Bank branch on Kampala Road
CompaniesMarkets

Dfcu, Arise deny reports that major shareholders are exiting

Dfcu Limited and its wholly owned subsidiary, Dfcu Bank, have denied rumours that its two largest shareholders are seeking to sell their stakes in the company, which is listed on the Uganda Securities Exchange
A Dfcu Bank branch in Kampala
Markets

Dfcu’s Shs200bn rights issue 95.21% subscribed

Dfcu Limited, the holding company of Dfcu Bank, raised Shs190.6bn in a rights offering to settle a shareholder loan
CompaniesMarkets

Dfcu to raise Shs200bn in rights issue

Dfcu Limited, the holding company of dfcu Bank, announced Monday that it expects to raise Shs200 billion by selling new shares in a rights issue to settle a shareholder loan
MarketsMergers & Acquisitions

Dfcu has a new majority shareholder after South Africa-based Arise takes stake

Arise B.V., an investment company based in Cape Town, has acquired a majority stake in dfcu Limited, the holding company of dfcu Bank.
Companies

South Africa-based fund Arise lends $50 million to dfcu

Arise, an investment company based in Cape Town, is lending $50 million to dfcu Bank to help cover short-term capitalisation of the lender, weeks after it purchased the insolvent Crane Bank.
A Dfcu Bank branch in Kampala