Tag Archives: stanbic bank

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has closed its William street branch after one of the staff tested positive for coronavirus. Stanbic said in a statement that an employee from “William street branch has tested positive for COVID-19 and is currently undergoing treatment.” It added that all exposed …

Kampala, Uganda | THE INDEPENDENT | Confidence in the country’s business activities surged in July with business owners experiencing more demand for their goods after the country lifted much of the coronavirus restrictions, a survey has said. The Purchasing Managers’ Index (PMI) published monthly by Stanbic bank recorded a 50.3 …

Kampala, Uganda | THE INDEPENDENT | As the country slowly emerges from a two-months lockdown, there is now a sense among business leaders that things might be getting better according to a survey sponsored by Stanbic Bank. The Purchase Managers Index (PMI) rose to 41.9 points in May from the …

Kampala, Uganda | Julius Businge | Three companies Uganda Breweries Limited, Stanbic Bank and Total Uganda have contributed fuel worth Shs120million to support the fight against COVID-19 pandemic. The fuel will facilitate the movement of the Ministry of Health officials who are tracing COVID-19 patients countrywide. It will also facilitate the …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has announced after-tax-profits of 259 billion Shillings for 2019 up from 215 billion Shillings in 2018, cementing its position as the most profitable bank in the country. In the financial results published on Thursday, Stanbic said the money it lent to customers …

Stage set for competition with other regional commercial banks Kampala, Uganda | ISAAC KHISA | Patrick Mweheire, the former Chief Executive at Stanbic Bank Uganda, is considered to be one of the best brains within banking sector circles. This view is supported by his stellar performance at the bank where …

Kampala, Uganda | THE INDEPENDENT | Rotary in Uganda has launched a drive to raise 367 million Shillings to procure an automated blood grouping machine for Mengo Blood Bank.  Part of the funding will be used to procure a centrifuge 6000i for component preparation, to separates the blood into different …

Uganda discovered oil in 2006 but disagreements between the government and oil companies have stalled its development Kampala, Uganda | ISAAC KHISA | Uganda National Oil Company (UNOC) plans to invest $840million in joint infrastructure projects in the country’s oil and gas sector, said its Chief Executive Officer, Proscovia Nabbanja. …

Kampala, Uganda  | THE INDEPENDENT |  Uganda National Oil Company (UNOC) needs at least Three Trillion Shillings in capital to sufficiently carryout government business in the oil sector. Proscovia Nabbanja, the CEO of UNOC told reporters in Kampala on Wednesday that the money will be needed in a phased manner in …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has partnered with Uganda Breweries Limited (UBL) in a new awareness campaign against deforestation by encouraging the public to plant trees to foster sustainable development and save the environment. The employees of the two institutions will take part in a marathon relay …