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    Kenneth Kitungulu

    SPOTLIGHT: Uganda shines as Stanbic exports top banking executives to Africa

    Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StorySeptember 9, 2024September 9, 2024

    In a show of the country’s human capital prowess, Stanbic Bank Uganda, the country’s largest commercial lender, has exported several top banking executives to the rest of Africa in a…

    We are committed to due process, Stanbic breaks silence on mortgaged property sale scandal

    CEO ReporterCompany NewsSeptember 29, 2020September 29, 2020

    Stanbic has finally broken its silence on a case under investigation where seven of its executives are accused of conniving and cheaply selling to themselves a mortgaged property. In a…

    CAUGHT IN THE ACT: It took 52 days for senior Stanbic Bank executives to register a company, secure a loan, and buy on the cheap, a loan-stressed client’s property!

    CEO ReporterThe Big StorySeptember 26, 2020September 26, 2020

    Myriad Investment Club Ltd, a company belonging to Stanbic Bank’s senior executives that are accused of colluding with other bank staff to buy off, very cheaply, a property of a…

    IRRESPONSIBLE LENDING AND INSIDER TRADING: Stanbic Bank senior executives accused of cheaply selling to themselves client’s property

    Muhereza KyamuteteraThe Big StorySeptember 26, 2020September 26, 2020

    A client of Stanbic Bank Limited, Macdowel Limited, has asked police to investigate circumstances under which seven senior executives of Stanbic Bank Uganda, sold to themselves a mortgaged property on…

    Major sectors record growth as Uganda’s economy slowly picks up – Stanbic study

    CEO ReporterCompany NewsFinanceSeptember 7, 2020September 7, 2020

    Uganda’s private sector continues to recover from the impact of the Coronavirus pandemic (Covid-19) as business conditions improved in August after a near standstill of activities during the series of…

    July Stanbic PMI shows new orders rise for first time in five months

    Samuel MuhimbaCompany NewsAugust 5, 2020August 5, 2020

    The headline Stanbic Bank Purchasing Managers’ Index (PMI) has for the first time since February crossed into positive territory recording a reading of 50.3 in July. This follows easing of…

    COVID-19: Stanbic’s March 2020 Purchasing Managers Index hits 3-year low as private sector enters into contraction

    Muhereza KyamuteteraCompany NewsThe Big StoryApril 8, 2020April 8, 2020

    The Stanbic Purchase Managers Index (PMI) for March has recorded the first decline in business activity. This is due to the global coronavirus disease 2019 (COVID-19) pandemic which has led…

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