Stanbic Bank’s five-year performance story is, above all, a profit story. It offers the clearest window into how the bank has transformed its balance sheet, expanded lending, deepened customer deposits,...
Stanbic Bank Uganda has revealed that it committed more than UGX 270 billion in debt financing to the East African Crude Oil Pipeline (EACOP), reinforcing its role in funding large-scale...
Stanbic Uganda Holdings Limited has reported a strong set of financial results for the year ended 31 December 2025, with shareholders set to receive UGX 360 billion in dividends. Stanbic...
Kenneth Mumba Kalifungwa’s first year as Chief Executive of Stanbic Bank Uganda delivered a strong profit performance. However, beneath the headline numbers lies a more nuanced story of growth, rising...
Six Ugandans have been arrested and are set to be arraigned in court on March 23, 2026 in connection with a cross-border digital fraud scheme targeting Equity Bank Rwanda, marking...
Colin Asiimwe is back at MultiChoice Uganda as the Head of Marketing, overseeing the DStv, GOtv, Showmax, and Pearl Magic brands. Asiimwe previously worked with MultiChoice before leaving the business….
Energy Ministry Permanent Secretary Irene Batebe has confirmed that the Auditor General’s report on Umeme’s buyout amount will be released next week, just a few days to the expiry of…
In an era where digital technology has become the backbone of modern business operations, the importance of Information and Cyber Security (ICS) cannot be overstated. As Uganda’s financial sector embraces…
Uganda Airlines has officially launched direct flights to London, United Kingdom. The airline will fly four times a week using the Airbus A330-800neo. Ms Jennifer Bamuturaki, the Uganda Airlines CEO…
The Uganda Electricity Distribution Company Limited (UEDCL) has absorbed an estimated 2,200 of Umeme staff, out of the 2,400 staff that the private power distributor holds currently. UEDCL Managing Director,…
Government, through Ministry of Finance is seeking about $ 50 million (UGX 183 billion) from Absa Bank as capital investment into the Uganda Electricity Distribution Company Limited (UEDCL) to fully…
MTN is expected to complete the separation of its financial technology (Fintech) business from its listed company under MTN Uganda in the first half of this year. The separation, which…
In the heart of Masaka, a small mustard seed was planted 20 years ago. Today, that seed has grown into a towering tree with strong branches, offering shelter, hope, and…
Bank of Uganda has started the implementation of regulation of substantially well capitalised Savings and Credit Cooperative Societies (Saccos). The move, which starts with the issuance of an MDI licence…
Uganda, Kenya and Nigeria are among the few African countries that will not face the consequences of a proposed travel ban by U.S President Donald Trump, which if implemented, will…