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Tag Archives: stanbic bank

Rotary in drive to raise UGX 367 M to equip Mengo blood bank

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 …

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UNOC needs UGX 3.1 trillion for capitalization

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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Stanbic Bank reveals first fruits of business incubators

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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Gov’t move to borrow extra UGX 2.4 Trillion stirs mixed reactions

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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Companies hired more workers in November – Survey

  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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Stanbic Bank Uganda awarded 2019 employer of the year

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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Stanbic Bank, GIZ to upscale SME skilling in Uganda

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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