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 »Makerere, Stanbic strike laptops hire purchase deal
Kampala, Uganda | THE INDEPENDENT | Makerere University has signed a Memorandum of Understanding (MOU) with Stanbic Bank Uganda to enable staff and students to acquire laptops on a hire purchase basis. This comes at a time when Makerere University is preparing to open fully for all students next week, …
Read More »Focus turns to food and housing needs as L. Albert Oil Project gathers pace
Kampala, Uganda | RONALD MUSOKE | As the construction phase of the L. Albert Oil Development Project gathers pace, focus has now turned to how best local entrepreneurs in the agriculture and housing sectors can maximise opportunities the oil industry is attracting into Uganda. Two studies were launched on Feb. …
Read More »SBIL: 700 SMEs awarded certificates in enterprise development
Kampala, Uganda | THE INDEPENDENT | Stanbic Business Incubator Limited (SBIL) has awarded 700 Small and Medium Enterprises (SMEs) with certificates in enterprise development, this, after three months of training in financial literacy, business planning, contracts and bid management. The participating SMEs were drawn from a wide range of …
Read More »The Museveni-Mutebile conundrum
Why their opposing views still represent the ideological contention over Uganda’s destiny THE LAST WORD | ANDREW M. MWENDA | The memorial service of deceased central bank governor, Emmanuel Tumusiime-Mutebile, provided a rare glimpse into the ideological contests that shaped the nature of the economy of present-day Uganda. President Museveni …
Read More »BOU’s Atingi-Ego, Finance’s Ggoobi for Stanbic Economic Outlook forum
Kampala, Uganda | THE INDEPENDENT | Deputy Bank of Uganda Governor Dr. Michael Atingi-Ego has been named among the high-level panelists to headline Stanbic Bank’s annual Economic Outlook Forum slated for tomorrow at Kampala Serena Hotel. Held annually, this year’s forum will run under the theme “Uganda- A Tale of resilience …
Read More »Businesses reap as schools re-open
Privately owned schools and teachers owe financial institutions more than Shs1.5trillion Kampala, Uganda | THE INDEPENDENT | Uganda’s decision to re-open schools after nearly two years to control the spread of coronavirus in the population has come as a blessing to traders in Kampala, according to Thadeus Musoke, the acting …
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 workforce continues to fall-PMI
But private sector players are optimistic about the future | THE INDEPENDENT | Uganda’s private sector activity continues to improve as the economy slowly recovers from COVID-19 pandemic hit but workforce continues to fall. The latest Stanbic Purchasing Managers’ Index (PMI) released on Nov.03 indicates that Uganda’s private sector …
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 …
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