Stanbic Bank launches new FlexiPay campaign to bolster financial inclusion and digital transformation
Stanbic Bank Uganda announced the launch of an exciting, three-month nationwide campaign to boost its innovative digital payments platform FlexiPay. The campaign dubbed the Flexipay Cashback Explosion kicked off at the offices of Boda Boda Banja in Kampala, one of the bank’s key merchant partners in Kampala, with the goal of revolutionising
Quality Chemicals Secures USD 36 Million Facility to Expand Production of Life-Saving Medicine
Quality Chemical Industries Limited (Qcil) has secured a USD 36 million (UGX 133 billion) debt facility from Stanbic Bank Uganda to construct a second manufacturing facility. This new facility will not only increase production capacity for Qcil’s existing portfolio, but also enable the company to expand into new therapeutic areas,
New Mortgage Model Could Close Uganda’s 2.4M Housing Unit Deficit
For many working Ugandans, owning a decent home remains a distant dream. Soaring construction costs, high interest rates, and a complex mortgage process have left most lower-middle-class earners locked out of the property ladder. Despite over 60% of Uganda’s urban population residing in informal settlements, the journey to homeownership remains