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SBG Securities to Revolutionize Financial Investment with Stanbic Unit Trust Launch

Grace Semakula(left), the Chief Executive of SBG Securities, Francis Karuhanga (2nd right) , the Chief Executive of Stanbic Uganda Holdings Limited, and Aggie Konde (right), the Board Chairperson of SBG Securities

In a move poised to transform Uganda’s investment landscape, SBG Securities, a subsidiary of Stanbic Uganda Holdings Limited, has launched the Stanbic Unit Trust (SUT), an innovative investment vehicle that empowers Ugandans to pool their resources, leveraging professional fund management to generate favourable returns. SBG Securities is a listed entity on the Uganda Stock Exchange (USE) operating four other businesses including Stanbic Bank Uganda, Stanbic Properties Uganda, Stanbic Business Incubator and FlyHub. SBG Securities Chief Executive Grace Semakula said the Stanbic Unit Trust will accommodate various investment goals and needs, offering three distinct funds including Money Market Fund (short-term), Bond…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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