Shs 75m Fraud: Court Orders Stanbic Bank to pay Shs 40M to retrenched employee
The Industrial Court has ordered Stanbic Bank Uganda Limited to pay more than Shs40 million to its former employee, Elizabeth Nyasuna, after ruling that her dismissal over a disputed Shs75 million cash withdrawal was unlawful and unfair. In a judgment delivered on June 16, 2026, Justice Anthony Wabwire Musana found
Stanbic Bank and Prudential Expand Medi-Protect to Strengthen Access to Affordable Health Cover
Stanbic Bank Uganda, in partnership with Prudential Assurance Uganda Limited, has launched an enhanced version of the Stanbic Medi-Protect health insurance solution. The expanded offering introduces broader medical benefits, higher coverage limits, and a new affordable inpatient-only option aimed at expanding access to healthcare protection for Ugandans. The upgrade comes
Kampala Community Gains Digital Skills and Internet Access as New Learning Hub Opens in Katwe
Students, youth, and residents in Kampala’s Katwe community now have enhanced access to digital skills, internet connectivity, and modern learning resources following the launch of a new digital learning hub. The facility, located at Katwe Noor Secondary School, provides learners and surrounding community members with computers, online resources, and digital
Stanbic Unveils “Kikole Ku Speedii” Push to Phase Out Banking Delays
Stanbic Bank Uganda has rolled out an ambitious new campaign, “Kikole Ku Speedii,” positioning speed, convenience, and digital access at the centre of its next phase of growth. The initiative signals the bank’s intent to move customers away from long queues and paperwork-heavy processes toward a faster, fully digitised banking
Agutamba Named Among Africa’s Top 100 Corporate Communication Leaders
Africa PR Week, the continent’s leading platform for public relations and strategic communications professionals, has named Stanbic Bank Uganda’s Kenneth Agutamba among the Top 100 Corporate Communication Leaders in Africa. The recognition, announced during Africa PR Week in Nairobi, places Agutamba among a select group of practitioners shaping how African
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
