Over 200 women to benefit from Shs 2.9b Stanbic GreenTech Accelerator Program
In a bid to boost the greentech space in Uganda, the Stanbic Business Incubator Limited (SBIL) has partnered with the French Embassy in Uganda to support the youth and women entrepreneurs active in the sector. Catherine Poran, the Chief Executive of the SBIL said, “It is an initiative being supported
How the Iron Sheets Case Shattered Minister Lugoloobi’s Life
State Minister for Planning Amos Lugoloobi has opened up about the emotional and personal toll of the iron sheets scandal that saw him arrested, detained, and charged with corruption in 2023. From losing his U.S. visa and bank accounts to facing public humiliation, the minister says the ordeal left him
French Embassy, Stanbic partner to train start-ups for green economy
The Stanbic Business Incubator Limited (SBIL) has signed a new grant agreement with the Embassy of France in Uganda to finance the Green Tech Incubator and Accelerator for Entrepreneurship Program. The program, which targets the youth and women in the Kampala Metropolitan Area and the Albertine Region, aims to promote
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
