Uganda’s Oil Sector Poised for Growth as First Oil Nears
Uganda’s journey towards first oil production is gaining momentum, with key industry players rallying behind efforts to ensure the country maximises value from its petroleum resources. This was the central message at the 11th Oil and Gas Convention 2026, currently underway at Speke Resort Convention Centre in Munyonyo, where government
Stanbic to Pay Shs 360 Billion Dividend on Back of Strong 2025 Results
Stanbic Uganda Holdings Limited has announced a Shs360 billion dividend payout to shareholders following a strong financial performance for the year ended December 31, 2025, highlighting the Group’s solid growth trajectory and resilient business model. The results mark a pivotal leadership moment, with outgoing Franchise Chief Executive Francis Karuhanga closing
Stanbic’s Mumba Kalifungwa Calls for Inclusive Growth ahead of Uganda’s First Oil
Stanbic Bank Uganda’s Chief Executive, Mumba Kalifungwa has said Uganda’s future is not something to be observed from a distance, but something to be actively shaped calling on leaders across government, business, finance, and policy to translate macroeconomic momentum into inclusive, long-term prosperity. Speaking under the theme ‘Uganda’s Inflection Point:
Local Leaders Praise Stanbic Bank for Empowering Women
Local leaders in the Karamoja sub-region have commended Stanbic Bank Uganda for its ongoing investment and inclusive banking agenda, which continues to empower women, youth, and farmers through affordable credit, digital inclusion, and community partnerships. The leaders made the remarks during the official opening of Stanbic’s newly relocated Moroto Branch,
Aliker appointed Head of Africa Region at Standard Bank Group
Ugandan investment banker Anne Aliker has been appointed Head, Africa Regions – Corporate and Investment Banking (CIB) at Standard Bank Group, Africa’s largest bank by assets. Her appointment underscores the Group’s long-standing commitment to developing African leaders to drive Africa’s growth and reflects the rising influence of Ugandan professionals within
Daniel Ogong leaves after serving for eight years
After eight years of distinguished service, Stanbic Bank Uganda has announced that Daniel Ogong, the long-serving Head of Brand & Marketing, will be stepping down from his role effective October 1, 2025. Widely regarded as one of Uganda’s most influential marketing leaders, Ogong has played a pivotal role in shaping
Stanbic posts Shs 278 Billion in first half of the year
Stanbic Uganda Holdings Limited (SUHL), the leading financial services group in Uganda announced a robust financial performance for the first half of 2025, underscoring its strategic commitment to supporting Uganda’s fiscal sustainability and economic development. The Group recorded a Profit After Tax (PAT) of Shs 278 billion for the six
