Strong revenue growth and strategic lending drive Stanbic’s strongest first-half performance Kampala, Uganda | JULIUS BUSINGE | Stanbic Uganda Holdings Limited (SUHL) has posted a 28.2% increase in net profit for the first half of 2026, highlighting the resilience of Uganda’s banking sector even as businesses continue to grapple …
Read More »Mwami and Kisadha get a second shot at Stanbic Bank Matchplay final
Entebbe, Uganda | PHILLIP CORRY | Richard Mwami and Tony Kisadha have stormed the final of the Stanbic Bank Match Play Challenge at Entebbe Club. Mwami and Kisadha had to dig deep on Saturday to secure their place in the final winning on the second extra hole. “We are …
Read More »Stanbic Schools Championship appraisals start ahead of August grand finale
Fort Portal, Uganda | NEWS CORRESPONDENT | The Stanbic National Schools Championship (NSC) has reached a crucial stage as appraisal visits get underway involving the 12 regional finalist schools which emerged from the highly competitive one-week innovation bootcamp hosted by Gayaza High School during May. More detailed assessments are being …
Read More »Stanbic bets on cheap credit to unlock SACCOs potential
Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Uganda has cut its lending rate to 10% per annum for agriculture-based savings and credit cooperative organisations (SACCOs), in a move that underscores rising competition among lenders targeting Uganda’s rural financial ecosystem. The reduced rate is aimed at improving access to …
Read More »Stanbic Black Pirates sink Buffaloes to retain Premiership crown
Kampala, Uganda | NEWS CORRESPONDENT | Stanbic Black Pirates have been crowned the 2026 National Rugby Premiership champions after edging Buffaloes RFC 30-29 in a dramatic final Saturday that showcased resilience, attacking flair and determination. The defending champions wasted no time asserting themselves, with Nathan Bwambale crossing the try line in …
Read More »Stanbic Forum highlights clean energy as solution to schools’ operational challenges
Kampala, Uganda | NEWS CORRESPONDENT | Stanbic Bank Uganda has urged education institutions to adopt renewable energy solutions as a practical way to cut rising operational costs. The call was made by Stanbic Bank energy financing specialists on the second day of the bank’s inaugural regional business forums, which was …
Read More »Uganda’s oil moment and the case for a patient energy transition
The true measure of Uganda’s oil and gas sector will not be production volumes, but its ability to drive structural economic transformation COMMENT | MUMBA KALIFUNGWA | As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of deep contradiction in the global energy …
Read More »Stanbic launches 11th Schools Championship to drive youth innovation and job creation
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has launched the 11th edition of the National Schools Championship (NSC), a flagship initiative aimed at equipping young people with practical skills in innovation, entrepreneurship, and financial literacy to tackle youth unemployment. The programme, unveiled on Monday, forms part of the …
Read More »Stanbic’s steady climb
The lender posted a 20.4% rise in profit after tax to Shs 586.2 billion Kampala, Uganda | JULIUS BUSINGE | In banking, consistency is often more valuable than bursts of brilliance. Stanbic Bank Uganda Limited appears to have mastered that art. The lender posted a 20.4% rise in …
Read More »Stanbic Bank urges youth to exploit targeted empowerment initiatives
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank’s head of personal banking, Israel Arinaitwe has urged students and recent graduates to actively exploit the youth empowerment initiatives available to sharpen their skills, strengthen their goals, and position themselves for growth after university. Arinaitwe said, “What we’ve done as a bank, …
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