Kampala, Uganda | THE INDEPENDENT | Shareholders of Stanbic Uganda Holdings are set to receive up to 280 billion shillings in total dividends payout for the year ending December 2023. This is a record-high payout, and it is 45 billion shillings higher than last financial year’s payment. The payment arises from …
Read More »Protect freedoms and rights in Anti-Gay Bill – lawyers
Kampala, Uganda | THE INDEPENDENT | The offences in the proposed Anti-Homosexuality Bill, 2023 are vague and go against the principal of legality under the Constitution of Uganda, according to Dr. Adrian Juuko, the Executive Director of Human Rights Awareness and Promotion Forum. Juuko cited section 29(1) of the Constitution …
Read More »Stanbic Holdings half-year net profit up 4.7% to Shs162bn
The first six months of 2022 presented a complex combination of ‘head’ and ‘tail’ winds that affected the economy | THE INDEPENDENT | Stanbic Uganda Holdings Limited (SUHL) has recorded a 4.7% growth in profit-after-tax for the first six months to June.30 to Shs162billion. This comes amidst an unpredictable operating …
Read More »Stanbic Bank gives Ugandans opportunity to get #OneStepCloser
Kampala, Uganda | THE INDEPENDENT | The social media hashtag #OneStepCloser that has been gaining popularity in recent weeks can now be firmly linked to Stanbic Bank Uganda, as the lender’s new brand campaign aimed at rallying Ugandans to pursue their dreams and rebuild their businesses after the pandemic. …
Read More »MTN Uganda’s new journey
The telco raised Shs535.9bn in undersubscribed IPO Kampala, Uganda | THE INDEPENDENT | The South African telecom subsidiary in Uganda, MTN, began a new journey on Dec.06, with the listing on the Uganda Securities Exchange, and the share price surging past the IPO price during the first week of trading. …
Read More »NHCC, Stanbic to develop housing units for sale
High costs involved in provision of other services such as water, roads and electricity have been cited as the main hindrances for provision of low cost housing Kampala, Uganda | THE INDEPENDENT | National Housing and Construction Company Limited, Stanbic Properties Limited, and Stanbic Bank Uganda Limited have entered a …
Read More »Uganda’s multi-pronged approach to revive economy
Outlook remains overcast by a mutating virus | THE INDEPENDENT | Uganda’s economy has been struggling for some time now since the outbreak of coronavirus but the government and the private sector are coming up with numerous options to reverse the trend. On Oct. 20, the government released Sh 5.8trillion …
Read More »Stanbic Bank, KACITA move on Asian markets
Stanbic Bank Uganda Limited and Kampala City Traders | THE INDEPENDENT | Association on Oct.14, unveiled a partnership that will significantly ease traders’ ability to source for goods from Asian markets as well as pay the stipulated taxes on the imported items. Stanbic Bank Uganda Chief Executive Anne Juuko said …
Read More »How Mali frustrated 10-man Uganda
FULL TIME Uganda 🇺🇬 0 Mali 🇲🇱 0 ✳ Group E Mali 4 pts Kenya 2 pts Uganda 2 pts Rwanda 1 pt Kampala, Uganda | BY AGENCIES | Uganda Cranes earned their second point in the on-going FIFA World Cup Qatar 2022 qualifiers with a hard fought draw against West …
Read More »Stanbic half-year profits up 21.5% to Shs 154.9bn
Company to focus on investing in technology and digital solutions to enhance customer experience Kampala, Uganda | ISAAC KHISA | Stanbic Uganda Holdings Limited (SHUL) has demonstrated business resilience, weathering effects of the coronavirus pandemic to post an impressive 21.5% growth in profit after tax to Shs154.9bn for the first …
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