Tag Archives: stanbic bank

Stanbic donates computers worth Sh100 Million to support Makerere University rebuild Kampala, Uganda | THE INDEPENDENT |  Stanbic Bank has donated computers worth sh100 million to help Makerere University reequip its administration centre after a recent fire destroyed a substantial part of the famous Main building. Commonly referred to as …

Kampala, Uganda |  THE INDEPENDENT |  “With the advancement of information technology will come more sophisticated crime”. This and other related statements are commonly used by even those who advance the need for a digitally-led society.  This, therefore, means that the advancement in IT is a necessary evil, which will …

Kampala, Uganda | THE INDEPENDENT | The Director of Criminal Investigations Directorate Grace Akullo has set up a team to investigate the alleged hacking into the electronic systems of a bank and two telecom companies. The hackers allegedly accessed systems of Pegasus technologies that manage electronic transactions of telecom companies …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector continues to recover from the impact of the coronavirus pandemic (Covid-19) as business conditions improved in August after a near standstill of activities during the series of lockdowns between March and the end of May. The latest headline, Stanbic Purchase Managers …

Kampala, Uganda |  THE INDEPENDENT |  Dfcu Bank has shut its Lugogo Branch in Kampala after five of its staff tested positive for coronavirus (COVID-19).  The Bank said in a notice last night that “all exposed colleagues in the branch are undergoing tests and will be required to self-isolate for 14 …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has closed its William street branch after one of the staff tested positive for coronavirus. Stanbic said in a statement that an employee from “William street branch has tested positive for COVID-19 and is currently undergoing treatment.” It added that all exposed …

Kampala, Uganda | THE INDEPENDENT | Confidence in the country’s business activities surged in July with business owners experiencing more demand for their goods after the country lifted much of the coronavirus restrictions, a survey has said. The Purchasing Managers’ Index (PMI) published monthly by Stanbic bank recorded a 50.3 …

Kampala, Uganda | THE INDEPENDENT | As the country slowly emerges from a two-months lockdown, there is now a sense among business leaders that things might be getting better according to a survey sponsored by Stanbic Bank. The Purchase Managers Index (PMI) rose to 41.9 points in May from the …

Kampala, Uganda | Julius Businge | Three companies Uganda Breweries Limited, Stanbic Bank and Total Uganda have contributed fuel worth Shs120million to support the fight against COVID-19 pandemic. The fuel will facilitate the movement of the Ministry of Health officials who are tracing COVID-19 patients countrywide. It will also facilitate the …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has announced after-tax-profits of 259 billion Shillings for 2019 up from 215 billion Shillings in 2018, cementing its position as the most profitable bank in the country. In the financial results published on Thursday, Stanbic said the money it lent to customers …