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 …
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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 …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has revealed the first fruits of its Business Incubator Programme, two years after its establishment to mentor Small and Medium Enterprises in the country. The three months long Business Development Programme places selected Small and Medium Enterprises under intensive training in …
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Kampala, Uganda | THE INDEPENDENT | A government move to borrow 2.4 trillion shillings from Stanbic Bank and Trade and Development Bank to plug the budget deficit, has evoked mixed feelings from economists and observers. On Thursday, State Minister for Finance David Bahati tabled a request before parliament indicating that …
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Kampala, Uganda | THE INDEPENDENT | Companies hired more staff in the month of November as demand for their products increased, a new survey has shown. The Purchasing Managers Index, published by Stanbic Bank and IHS Markit shows that the business environment improved to 58.6 points in November from the …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda won the overall Gold award for Best Employer of the Year 2019 at the 16th edition of The Employer of the Year Award (EYA) 2019. The awards were organized under the theme “Transforming organizations to optimize productivity in recognition of employers …
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Small businesses are plagued with numerous challenges including limited financial support, inadequate entrepreneurial skills and low corporate governance Kampala, Uganda | THE INDEPENDENT | Stanbic Bank in partnership with the GIZ Employment and Skills for Eastern Africa Programme (E4D/SOGA) will support Small and Medium Enterprises trainings ahead of oil and …
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The lender plans to focus on providing solutions that meet clients’ needs Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank has registered an increase in net profit by almost 40% to Shs134bn in the first six months ending June.30, according to its financial results released on Aug.05. This performance was …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has said more of its customers are leaving the banking halls, choosing to do most of their transactions either online or through banking agents. Stanbic Bank Chief Executive Patrick Mweheire says that more than 80 per cent of their transactions, during the …
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Kampala, Uganda | THE INDEPENDENT | Business owners in Uganda think the next one year will turn out well for their businesses. This has pushed them to hire more staff and increase their stocks, according to Stanbic bank’s monthly index. Three-quarters of company managers interviewed said they were optimistic the …
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