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    The Big Story

    The BIG Story

    Stanbic’s Five-Year Scorecard: How Profit Growth, Deposits, Lending and Dividends Reshaped Performance

    March 23, 2026March 23, 2026 0 Shares
    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 reveals UGX 270 billion EACOP debt financing as pipeline project advances

    March 23, 2026March 23, 2026 0 Shares
    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 Shareholders to Receive UGX 360bn After 10 Years of Rapid Dividend Growth

    March 23, 2026March 23, 2026 0 Shares
    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...

    Stanbic Bank CEO Mumba Kalifungwa Delivers UGX 591 billion Profit in First Year

    March 23, 2026March 23, 2026 0 Shares
    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...

    6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

    March 22, 2026March 22, 2026 0 Shares
    Equity Bank Rwanda headquarters in Kigali and Managing Director Hannington Namara. Authorities in Uganda have arrested six suspects linked to a cross-border digital fraud targeting the bank, as investigations into the multi-million-dollar heist continue.
    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...

    UNBS hires three Japanese companies to inspect used motor vehicles

    Paul MurungiCompany NewsEast AfricaNews & AnalysisThe Big StoryMarch 14, 2025March 14, 2025

     The Uganda National Bureau of Standards has contracted inspection services of three international firms to provide Pre-Export Verification of Conformity (PVOC) for used motor vehicles, and other related equipment for…

    Meritas Advocates Scores Big As Robert Apenya Joins as Partner, Further Solidifying the Firm’s Commercial Law Practice 

    Muhereza KyamuteteraCompany NewsLegal & JusticeThe Big StoryMarch 14, 2025March 14, 2025

    In a major coup for Uganda’s legal industry, Meritas Advocates has secured Robert Apenya, one of the country’s most accomplished commercial lawyers, as a partner. This strategic move cements Meritas’s…

    200 Ugandan companies liquidated in the last five years 

    Paul MurungiBusiness & MarketsCompany NewsThe Big StoryMarch 13, 2025March 13, 2025

     At least 201 companies have been liquidated in the five years to June 2024, data from Uganda Registration Services Bureau (URSB) indicates.  However, new business registration has equally grown, with…

    Faces, Career profiles of the 21 newly appointed High Court Judges 

    Paul MurungiExecutive ProfilesLegal & JusticeThe Big StoryMarch 12, 2025March 12, 2025

    On February 7, President Museveni appointed 21 judges of the High Court in acting capacity for a period of two years.  The CEO Magazine examines the the career profiles of…

    Search for credit: Borrowers register 10,730 securities worth UGX 16 trillion with URSB

    Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 12, 2025March 12, 2025

    Uganda Registration Services Bureau (URSB) registered a significant increase in borrower securities or collaterals under the Security Interest in Movable Property registry in the year ended June 2024, an indication…

    Nigerian Billionaire Aliko Dangote’s backed investors take over Java House restaurant chain 

    Paul MurungiEast AfricaLifestyleNews & AnalysisThe Big StoryMarch 11, 2025March 11, 2025

    Leading African private equity firms Alterra Capital backed by Nigerian Billionaire and Africa’s richest man, Aliko Dangote, and Phatisa- an equity firm, have signed agreements to acquire 100% of Java…

    Why business leaders must leverage insurance to drive sustainable production  

    Kisakye ImaniBanking & Financial ServicesThe Big StoryMarch 11, 2025March 11, 2025

    This year holds a promise of growth with more Ugandans taking on insurance,     The sector, even as penetration remains under 1 percent, has been expanding in terms of premiums, supported by especially growth in health or…

    Meet the influential women advancing Uganda’s energy industry 

    Paul MurungiBusiness & MarketsThe Big StoryWomen In LeadershipMarch 8, 2025March 17, 2025

    Across the globe, countries are pushing towards energy transition and sustainable energy production.  Uganda has not been exceptional and a lot has been achieved but the country continues to push…

    Shattering premium ceilings: Women trailblazers breaking into a largely male-dominated insurance industry 

    Paul MurungiBanking & Financial ServicesThe Big StoryWomen In LeadershipMarch 8, 2025March 8, 2025

    Uganda’s insurance sector has for long been viewed as a male-dominated sector, however, the last decade has seen more women rise into leadership ranks. On this Women’s Day, the CEO…

    Ugandans transacted UGX 435 billion per day through MTN mobile money in 2024 

    Paul MurungiBusiness & MarketsThe Big StoryMarch 6, 2025March 7, 2025

    Ugandans on average transacted UGX 159 trillion on MTN Mobile Money, which translated to UGX 435 billion per day for the 12 months to December 2024.  Details contained in the…

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