As schools across Uganda reopen for the first term of the academic year, dfcu Bank has rolled out a nationwide back-to-school campaign aimed at easing the heavy financial burden that...
If ESG were a person, at Letshego Uganda, he/she would not be seated in a boardroom quoting frameworks. It would be on the road, on the phone, and occasionally on…
Eri Ssebowa is a seasoned finance and accounting professional with over nine years of progressive experience in strategic financial management, business partnering, financial reporting, and performance management across the banking,…
Following a reputational and financially bruising fraud scandal — in which the brewer estimates to have lost about UGX 9 billion — and the subsequent exit of its Heads of…
Kampala Associated Advocates (KAA) has been tapped to represent Stanbic Bank Uganda and its parent, Stanbic Uganda Holdings Limited, in one of the largest transfer-pricing disputes to reach the Tax…
Stanbic Bank Uganda, a subsidiary of Stanbic Uganda Holdings Limited, has donated medical equipment worth Sh15 million to St. Benedict’s Butende Health Centre III in Masaka City. The donation, made as part of Stanbic’s October L.O.V.E (Living Our Values Every day) month, included two maternity beds, a suction machine, and 100 Mama Kits, supporting maternal health services at the facility. While handing over the equipment, Daniel Ogong, Stanbic Bank’s Head of Marketing, emphasized the bank’s commitment to community upliftment. “October is the high point of our corporate social investments program, covering health, education, and the environment. It’s a time when…
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Equity Bank, in partnership with the Confederation of Indian Industries (CII), today officially kicked off the India-Uganda Trade Mission in Kampala. This two-day high-level event, from 22nd to 23rd October 2024, brings together a delegation of entrepreneurs from India and leading Ugandan business leaders to strengthen bilateral trade between the two nations. The trade mission focuses on key sectors including health, information technology, agriculture, energy, roads and transport, tourism, real estate and defence – industries critical to Uganda’s development and India’s expertise. The mission aims to foster new partnerships, increase investment, and enhance trade cooperation between India and Uganda. L-R:…
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I&M Bank stood out for its emphasis on team spirit and sectoral engagement during the 2024 Bankers Sports Gala, which concluded on October 20th at Kyambogo University in Kampala. The annual event, hosted by the Uganda Institute of Banking and Financial Services and the Uganda Bankers Association, brought together over 20 banks to compete in a variety of sports disciplines. With competitions in athletics, football, basketball, tug of war, sack race, and bottle balancing race, the gala offered a mix of fitness, networking, and fun. I&M Bank was well-represented, with CEO Robin Bairstow leading the charge in the CEO/EXCOM walk…
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During the weekend, soda became pricier than beer at the much-anticipated OBA Fest, thanks to unbeatable discounts offered by Stanbic Bank’s Flexipay platform. For the first time in festival history, revellers saw soft drinks like soda retailing at UGX 3,000, while beer was available for as little as UGX 1,000—if purchased through the Flexipay mobile app. The festival, which took place at Jahazi Pier in Munyonyo from Friday through Monday, drew thousands of partygoers, eager to enjoy a star-studded lineup, food, and drinks. “Flexipay is a lifestyle product that enables people to transact without having cash. We have done this…
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Rajiv Ruparelia, the Managing Director of the Ruparelia Group, one of East Africa’s largest multisectoral conglomerates, has been named a Choiseul 100 Africa 2024 laureate. Created in 2014 and now in its 10th edition, the Choiseul 100 Africa lists prominent and influential 100 business leaders under 40—the Economic Leaders of Tomorrow. According to Pascal Lorot, the President of Choiseul Africa, the 2024 list “honours leaders from diverse sectors such as new technologies, finance, energy, agriculture, and healthcare.” “This diversity reflects the continent’s economic richness and capacity to innovate in response to contemporary challenges. The laureates of the Choiseul 100 Africa…
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Stanbic Bank Uganda has clinched the prestigious title of “Most Admired Financial Services” Brand at the 2024 Brand Africa Awards. The recognition was announced during a high-profile event held recently in Nairobi, Kenya, which celebrated Africa’s leading private and public organizations. The accolade comes from Brand Africa, an intergenerational movement established in 2011 to inspire a brand-led renaissance across the continent, aimed at enhancing Africa’s competitiveness and creating a positive global image. The annual awards, based on extensive research across the continent, recognize brands that are most admired by consumers, both locally and globally. The brand Stanbic Bank Uganda is…
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dfcu Bank has launched the GROW Loan initiative in Eastern Uganda to support women entrepreneurs in the region with financial support and business training to scale their businesses. The event, held in Jinja, marks a significant step in dfcu Bank’s commitment to fostering economic growth and supporting women in business through access to affordable credit, tailored financial solutions, and capacity building. The GROW Loan is designed specifically for women in business who are looking to expand and strengthen their enterprises. The initiative addresses the unique challenges faced by women entrepreneurs, offering them not just financial assistance but also the mentorship…
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eTranzact Platform Limited Uganda, a subsidiary of eTranzact Global, has formally launched its operations in Uganda, promising to both transform cross-border payments as well as “reduce transaction costs by at least 50%”. The payments company, which recently acquired Payment Service Provider (PSP) and Payment System Operator (PSO) licenses from the Bank of Uganda, in a statement said: “eTranzact is set to deliver cutting-edge electronic payment and digital banking solutions that will transform financial transactions across the region. This significant launch cements eTranzact’s position as a leader in the digital finance landscape, enhancing financial access across Africa”. “Whether through real-time interbank…
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Vice President Maj. (Rtd) Jessica Alupo has praised Stanbic Bank for its significant contributions to Uganda’s socio-economic growth, especially through community-focused initiatives aimed at uplifting vulnerable sectors. During an event held over the weekend, Alupo expressed her appreciation as the bank donated medical equipment valued at UGX 35 million to Katakwi General Hospital in Teso sub-region, marking another milestone in Stanbic’s ongoing support for the health sector. Alupo lauded the donation, which included three patient beds, two delivery beds, two patient monitors, a baby incubator and warmer, along with 100 Mama kits, as a “beacon of hope” that would strengthen…
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dfcu Bank in partnership with Vision Group, The Embassy of the Netherlands, KLM Airlines, and Koudjis Nutrition BV flagged off the winners of the 2023 Best Farmers Competition at the dfcu Bank Head Office on Thursday last week to a learning excursion in the Kingdom of the Netherlands. The cohort of winners will be embarking on a transformative study tour to the Netherlands for an extensive week-long training. Over the past 10 years, over 100 farmers have been celebrated for their innovation and contributions to the country’s agricultural landscape. The tour is a significant milestone in Uganda’s agricultural sector as…
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