Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector reported a continued growth of new orders running into the fourth month at the end of July marking the start of the third quarter. The upturn was widespread across all five monitored sectors, with firms linking the expansion to new client wins. …
Read More »Stanbic launches Unit Trust as industry assets hit shs2.8trillion
Kampala, Uganda | THE INDEPENDENT | Stanbic Uganda Holdings limited (SUHL) becomes the latest to launch a Unit Trust in country, with its success poised to leverage on financial group’s large clientele. This comes just after the total assets under management by Collective Investment Schemes hit 2.8 trillion shillings as of …
Read More »Stanbic supports health facilities with maternal healthcare services
Kampala, Uganda | THE INDEPENDENT | On June 6, Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank donated equipment worth Shs20 million to Mbale Referral Hospital and Maluku Health Center III, as part of its Corporate Social Investment. The support aims to improve maternal healthcare services across the …
Read More »Stanbic’s 2024 National Schools initiative
Kampala, Uganda | THE INDEPENDENT | Creativity, innovation, and entrepreneurial skills were exhibited as the 2024 Stanbic National School’s five-day Boot Camp recently ended; it said in a statement. Francis Karuhanga, the chief executive of Stanbic Uganda Holdings Limited said, “I want to take this opportunity to thank the Ministry of …
Read More »Stanbic boosts Vumbula Uganda festival
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda is the platinum sponsor of the popular Vumbula Uganda Festival, a 3-day extravaganza that showcases Uganda’s rich tourism attractions, art, heritage, music, and culture. This year’s edition takes place between May 31st and June 3rd at the spacious Nile Nest resort in …
Read More »Stanbic Business Incubator unveils two programs
Kampala, Uganda | THE INDEPENDENT | Stanbic Uganda Holdings Limited (SUHL) has officially flagged off two innovative programs aimed at supporting businesses to access finance, fostering economic growth within Uganda’s dynamic SME sector. Dubbed the Stanbic Accelerator Program (SAP) and the Supplier Development Program (SDP), the two are under the implementation …
Read More »150 schools to compete in Stanbic’s Schools Championship
Kampala, Uganda | THE INDEPENDENT | A total of 158 secondary education colleges from across the country have been cleared to compete in the 9th edition of the Stanbic National Schools Championship (NSC) an annual youth entrepreneurship skilling challenge. Sam Mwogeza, the Executive Head for Personal & Private Banking at Stanbic …
Read More »Stanbic PMI reports low demand for March
Kampala, Uganda | THE INDEPENDENT | Ugandan private sector firms have registered a deterioration in business conditions during March, thereby ending a 16-month upward improvement sequence in the health of the private sector. The overall decline was driven by renewed contractions in output and new orders, as customer demand was reportedly …
Read More »Stanbic Bank Golf Challenge Round 1 swings into action
Entebbe, Uganda | THE INDEPENDENT | The nail-biting Stanbic Bank Golf Match-Play Challenge Round 1 swings into action Saturday at the Lakeside Entebbe Golf Club with a total of 32 matches in action. Four all Lady golf pairs will be vying to advance to the next slot with one couple …
Read More »Tayebwa sides with BoU, opposes Stanbic’s CEO replacement
Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker, Thomas Tayebwa has backed the position of the Bank of Uganda to reject a foreign national nominated by the Standard Bank Group, to replace the former Chief Executive Officer (CEO) for Stanbic Bank Uganda, Anne Juuko. Tayebwa said it was right for …
Read More »