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
NSSF Earnings Hit Shs 3.52 Trillion as Assets Surge to Shs 26 Trillion
The National Social Security Fund (NSSF) has announced that its total earnings for the Financial Year ending June 30, 2025, rose to Shs 3.52 trillion, marking an 11% increase from Shs 3.2 trillion the previous year. Member contributions also hit a new record, rising by over 10% from Shs 1.93
Banking on Wellness: UIBFS and UBA Launch 2025 Annual Bankers’ Sports Gala
The Uganda Institute of Banking and Financial Services (UIBFS), in partnership with the Uganda Bankers Association (UBA), launched the 2025 Annual Bankers’ Sports Gala on the evening of September 5th at the UBA offices in Muyenga. The event kicked off with the highly anticipated Bankers’ Run/Walk, which also marked the
Stanbic partners with GIZ to support women in green businesses in Uganda, Kenya and Tanzania
Stanbic Bank and the German development agency GIZ entered a new regional partnership “Promoting Green Businesses and Jobs for the Green Transformation project in Kenya, Tanzania and Uganda,” aimed at supporting women’s economic development and advancing environmental sustainability. This collaboration is set to strengthen green innovation across East Africa by
Court Faults Stanbic Bank in Shs 7.5M Fraud Case
The High Court has ordered Stanbic Bank to pay a total of Shs 7.5 million to a client over unauthorized transactions conducted on his bank account. In May 2022, David Onyango sued Stanbic Bank, seeking a declaration that a series of debit transactions amounting to USD 2,459.15 (Shs 8.8 million)
UBA Names Agutamba Chairperson of Peer Committee on Marketing and Communication
The Uganda Bankers Association (UBA) has appointed Stanbic Bank Uganda’s Country Manager for Reputation and Corporate Communication, Ken Agutamba, as the new Chairperson of the Peer Committee on Marketing and Communication. He succeeds Jude Kansiime of DFCU Bank. The committee plays a critical role in shaping collective communication strategies and
Private Sector Output Grows in April Amid Surge in New Orders
Uganda’s private sector continued to show strong performance in April, as the headline Stanbic Purchasing Managers’ Index (PMI) rose to 55.3, up from 52.9 in March. A reading above 50.0 signals an improvement in business conditions compared to the previous month, while a score below 50.0 indicates deterioration. The latest
Stanbic, Buganda Kingdom partner to Empower Farmers Under ‘Mwanyi Terimba’ Initiative
Stanbic Bank Uganda has entered into partnership with the Buganda Cultural and Development Foundation (BUCADEF), the socio-economic arm of the Buganda Kingdom, to support and transform agricultural livelihoods in the region under the ambits of ‘Mwanyi Terimba’ initiative. The collaboration was formalized at a signing ceremony held at Bulange, Mengo,
Stanbic Bank, Umeme Lose Shs 9.2 billion Appeal Against Makubuya
The Commercial Division of the High Court has dismissed an appeal filed by Stanbic Bank Uganda Ltd and Umeme Ltd, contesting garnishee orders in favour of Makubuya William, trading as Polla Plast, over Shs 9.2 billion. The dispute dates back to 2008, when Makubuya purchased plastic manufacturing equipment from BMK
Stanbic Bank hosts inaugural financial literacy training for education institution heads
Stanbic Bank has hosted an inaugural financial literacy session recently for senior administrators of primary, secondary, and vocational schools in the Kampala Metropolitan Area. The event took place at Hotel Africana, in partnership with Opportunity International, and brought together school directors, head teachers, and bursars for a comprehensive six-hour mentorship
