In a bid to enable Ugandan business operators to have easier and more affordable access to credit, Stanbic Bank Uganda has reduced its USD Prime Lending Rate (PLR) from 13.5% to 13.0% per annum. According to a statement from the…
After a hiatus of over 30 years, the iconic French automobile brand Peugeot has made a triumphant return to Uganda, bringing a blend of elegance, innovation, and economic promise. The re-launch event, held at The Motor center Multibrand Workshop, marked…
FlexiPay, Stanbic Bank’s digital payment platform, has partnered with International Fund for Agricultural Development (IFAD) and Upesi Money Transfer, a regional payments company, to enable FlexiPay users to send, receive money from abroad with ease. Josephine Nakato Kasacca, Lead Customer…
Early this year, Stanbic Uganda Holdings, the parent company of Stanbic Bank Uganda, announced a profit of over Sh400 billion after tax. This was attributed to the bank’s innovative lending initiatives. In a bid to hold on to the success,…
The URA Commissioner General, John R. Musinguzi has called upon the early adopters of the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) to support their counterparts who are still facing challenges to enable EFRIS fully take off. He made the…
Uganda’s business community is set to strengthen its connections and seize new opportunities as Business Network International (BNI) Uganda hosts the BNI Expo, scheduled to take place on May 31 and June 1, 2024, at the UMA Show Grounds in…
Courtesy Photo: Anne Juuko Anne Juuko is set to leave her position as Stanbic Bank Uganda’s Chief Executive Officer, after exactly four illustrious years, for another role in the Standard Bank Group. According to the information available, she will be…
Mukwano Industries, Centenary Bank and NBS TV have retained the No.#1 position as the most admired Ugandan brands in Uganda, while MTN, Coca-Cola and Stanbic Bank are the leading non-Ugandan brands.
As the anticipation builds for the upcoming Brand Africa 100 Awards 2023, we reflect on the remarkable achievements of the previous year's event.
The popular annual Brand Africa 100 Awards are back, bigger and better this year and are scheduled to be held on July 6th, 2023 in Kampala.
According to a USE report, Umeme traded 37.6 million shares, taking 37.53 percent of the volume of sold shares while the company’s share price also slightly improved. Umeme shares were the most traded on the Uganda Securities Exchange (USE) in…
Some 40% of Uganda’s adult population is unbanked. Stanbic is determined to drive down these numbers through a number of initiatives. Emma Mugisha, executive director and head of Business Banking at Stanbic Bank Uganda, believes that mobile money represents a…
Victoria University and Stanbic Bank Uganda have unveiled to the students’ community a new financing scheme aimed at supporting blended learning by enabling students acquire laptops on hire purchase basis. The much sought-after scheme has been launched Monday August 22,…
It was an emotive affair—one that confirms the saying that ‘goodbye is the saddest word’ as Stanbic Bank Uganda bid farewell, last Friday, to their decorated Executive Head for Consumer and Affluent Banking, Sam Mwogeza, who is leaving after 12…
Increasing inflationary pressures tumbled private sector business activity during July as the headline Stanbic Purchasing Managers’ Index (PMI) dipped below the threshold 50.0 no-change mark for the first time this year. The PMI dropped from 50.9 recorded in June to…