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Tag Archives: Stanbic

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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Stanbic sees profit growth as dfcu fall

Kampala, Uganda | JULIUS BUSINGE | Stanbic Uganda Holdings Ltd (SUHL), part of the Standard Bank Group, Africa’s premier bank by assets, recorded a 15.2% increase in profit after tax, reaching Shs412 billion for the year ending December 31, 2023. Operating under the ticker SUHL on the Uganda Securities Exchange, the …

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Sam Mwogeza and Barbara Dokoria picked to lead Stanbic Bank

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has this morning announced the appointment of Samuel F Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024, until substantive appointments for the positions are made. The interim appointment of Mwogeza, who is …

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Stanbic and UDB amplify support for women entrepreneurs

Stanbic4Her initiative and UDB’s ‘Women Prosper’ program have collectively disbursed an impressive total of Shs 173 billion to support female entrepreneurs Kampala, Uganda | THE INEPENDENT | As Uganda joins the global community in celebrating International Women’s Month, prominent financial institutions Stanbic Bank Uganda and Uganda Development Bank (UDB) are at …

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