Tag Archives: Stanbic

Kampala, Uganda | THE INDEPENDENT | Over 2000 entrepreneurs that participated in various training modules in the Stanbic Accelerator Program, Enterprise Development Program, Micro Enterprise Development Program and Supplier Development Program; to equip them with relevant business skills at the Stanbic Business Incubator Limited (SBIL) between January 2022 and April …

Kampala, Uganda | THE INDEPENDENT | Veteran marketeer and corporate manager, Baker Magunda is the new Chairperson of the Board of Directors at Stanbic Uganda Holdings Ltd, the parent company of Stanbic Bank. Magunda, whose tenure began on June 2, 2023, replaced Japheth Katto who chaired the board since 2018. “In …

Kampala, Uganda | THE INDEPENDENT | Sugarcane farmers in Busoga can now access up to Shs100 million in unsecured farmer loans repayable within two years at an interest rate of 2% per month courtesy of a new partnership between Stanbic Bank, Kakira sugar works, and Busoga Sugarcane Growers Association. Dubbed the …

Kampala, Uganda | THE INDEPENDENT | The start of the second quarter of 2023 saw a rise in employment as Uganda’s private sector recorded increased output and new orders with the headline Stanbic Purchasing Managers Index (PMI) rising to 55.4 in April, up from 53.2 in March. For the sixth successive …

Kampala, Uganda | THE INDEPENDENT | The Stanbic Business Incubator Limited (SBIL), a subsidiary of Stanbic Uganda Holdings Limited (SUHL), is inviting entrepreneurs to register and benefit from enhanced training under their Enterprise Development Program (EDP). SBIL Chief Executive, Tony Otoa, the said the invitation for this specialised training is open …

Kampala, Uganda | THE INDEPENDENT | The first quarter of the year ended with a largely positive outlook as strengthening customer demand continued to drive improvements in business conditions in the Ugandan private sector, according to the Stanbic Purchase Managers Index for the month of March, released today. The headline PMI …

However, SBG Securities Ltd.’s revenues were impacted largely by a drop in capital markets activities Kampala, Uganda | THE INDEPENDENT | Stanbic shareholders will get Shs 6.98 per share totalling Shs 235bn following a 33% growth in profits for the year ended December 31, 2022. This is 1.7% higher than the …

Kampala, Uganda | THE INDEPENDENT | On March 30, Stanbic Bank has officially unveiled the 8th edition of the National Schools Championship programme to further support Uganda’s economic resilience. The programme, which has been running for the last eight years has impacted 420,000 students across the country and expanded opportunities by …

Kampala, Uganda | THE INDEPENDENT | The headline Stanbic Purchasing Managers’ Index (PMI) dipped to 51.2 during February from 53.2 in January as business activity increased in the services and wholesale and retail categories, but decreased in agriculture, construction and industry. However, the Ugandan private sector remained in growth territory at …

Kampala, Uganda | THE INDEPENDENT | As the economy continues to grapple with high inflationary pressures and challenges related to global economic and political turmoil, financial sector players are unveiling plans for customers to remain afloat hoping that the situation will normalize. On January 12, Stanbic Bank unveiled ‘a financial relief …