Juma Kisaame exits DFCU, leaves dfcu investors with a deficit of Shs 212 billion


On February 1st 2019, as the dfcu Bank officials prepared to give Juma Kisaame, a stage-managed dignified farewell; dfcu shares that opened at UGX695, closed UGX5 lower, at UGX690. Stage-managed because the man who grew dfcu from a UGX222 billion asset bank in 2007 when he joined to UGX1.745 trillion in 2016 (a year before the controversial Crane Bank acquisition) – a growth of 686%, was literally shown the exit. The farewell dinner, was held at Kampala Serena Hotel and was graced by the Speaker of Parliament, Rt. Hon. Rebecca…

Read More