Tag Archives: stanbic bank

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 …

Stage set for competition with other regional commercial banks Kampala, Uganda | ISAAC KHISA | Patrick Mweheire, the former Chief Executive at Stanbic Bank Uganda, is considered to be one of the best brains within banking sector circles. This view is supported by his stellar performance at the bank where …

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 …

Uganda discovered oil in 2006 but disagreements between the government and oil companies have stalled its development Kampala, Uganda | ISAAC KHISA | Uganda National Oil Company (UNOC) plans to invest $840million in joint infrastructure projects in the country’s oil and gas sector, said its Chief Executive Officer, Proscovia Nabbanja. …

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 …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has partnered with Uganda Breweries Limited (UBL) in a new awareness campaign against deforestation by encouraging the public to plant trees to foster sustainable development and save the environment. The employees of the two institutions will take part in a marathon relay …

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 …

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 …

  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 …