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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 24, 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...

    UCC asks UNBS to probe entry of devices illegally streaming MultiChoice and other pay TV content 

    Paul MurungiBusiness & MarketsGlobal NewsNews & AnalysisTechnology & InnovationThe Big StoryFebruary 20, 2025February 20, 2025

    Uganda Communications Commission (UCC) has asked the standards agency to investigate the illegal importation of streaming devices that are being used on the local market to reproduce content that is…

    Airtel Uganda reports UGX 317 billion in net profit as voice and data revenues grow 

    Paul MurungiBanking & Financial ServicesEast AfricaNews & AnalysisThe Big StoryFebruary 20, 2025February 20, 2025

    Airtel Uganda has reported a profit after tax (PAT) of UGX 316.7 billion for the 12 months to December 2024, signalling improved performance compared to in the same period in…

    EU Envoy Jan Sadek, PSFU’s Nzeyi, and Ministers Kasaija, Nyamutoro, and Mwebesa Push for Deeper EU-Uganda Mineral and AgriTech Trade

    Muhereza KyamuteteraNews & AnalysisThe Big StoryFebruary 20, 2025February 20, 2025

    Uganda and the European Union (EU) have deepened their commitment to strengthening trade and investment ties, focusing on Agricultural Technology (AgriTech) and Sustainable Mining as key drivers for economic growth….

    Uganda sets tough certification rules for foreign engineers 

    Paul MurungiBusiness & MarketsEast AfricaGlobal NewsNews & AnalysisThe Big StoryFebruary 19, 2025February 19, 2025

    The Engineers Registration Board (ERB) is set to enforce a rule requiring all foreign nationals involved in engineering projects to register and obtain ERB certification within four months of their…

    Court Orders Stanchart to Pay UGX 59M to Former Staff for Loan Breach in Landmark Case

    CEO ReporterBanking & Financial ServicesBusiness & MarketsLegal & JusticeNews & AnalysisThe Big StoryFebruary 19, 2025February 19, 2025

    The Commercial Division of the High Court of Uganda has ruled that Standard Chartered Bank must compensate a former employee and his wife after wrongfully recalling an approved mortgage facility. …

    Uganda’s Banking Sector Gears Up to Support Ambitious USD500 bn GDP Growth Plan

    Muhereza KyamuteteraBusiness & MarketsThe Big StoryFebruary 19, 2025February 19, 2025

    The Uganda Bankers’ Association (UBA) has reaffirmed its commitment to supporting the Ugandan government’s ambitious economic expansion strategy, which aims to grow the country’s GDP from USD 50 billion to…

    Rwanda suspends bilateral aid program with Belgium over Congo war

    CEO East Africa MagazineBusiness & MarketsGlobal NewsNews & AnalysisThe Big StoryFebruary 18, 2025February 19, 2025
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    From Lecture Halls to Boardrooms: Where Uganda’s Top CEOs Studied and What They Learned

    Kisakye ImaniNews & AnalysisThe Big StoryFebruary 17, 2025February 17, 2025

    What does it take to become a CEO in Uganda?  Is there a specific degree, university, or qualification that paves the way to corporate leadership? The CEO East Africa Magazine…

    Govt seeks to borrow UGX697b from Stanbic Bank to fund Umeme buyout 

    Paul MurungiBanking & Financial ServicesEast AfricaGlobal NewsNews & AnalysisPolitics & GovermentThe Big StoryFebruary 17, 2025February 17, 2025
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    Sowing the Seeds of Change: dfcu Bank and the Agribusiness Development Centre (ADC)—Transforming Uganda’s Agricultural Sector for a Sustainable Future

    Brian EmorutAgriculture & Agro-industryBanking & Financial ServicesCompany NewsThe Big StoryFebruary 16, 2025February 17, 2025

    At the heart of Uganda’s agribusiness sector, where farming is not just a way of life but a means of survival, dfcu Bank stands as a beacon of transformation. With…

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