Shareholders of Stanbic Uganda Holdings Limited will walk away 13.2% richer than last year, following the board’s recommendation of UGX2.15 per share dividend for 2019, up from the UGX1.9 paid…
Today, 19th December 2019, Tony Okao Otoa will pass out yet another cohort of SME executives, after a 3 months rigorous business mentoring and coaching in all aspects of business at Stanbic Bank’s The Business Incubator programme. Otoa’s job is no ordinary job- he teaches or rather is a sort of headmaster for an ‘institution’ that teaches Ugandan businesses how to do business in a business-like manner.
Born out of a need to prop up SMEs that are Uganda’s engine of growth, by Stanbic Bank, Uganda’s biggest bank and initially tailored for SMEs focused on serving the nascent oil and gas industry, the programme has quickly gained demand across the entire SMEs and start-up spectrum. The Oxford Brookes University alumni, who has spent a better part of his career in supporting national/local content in the oil and gas sector, in this interview with CEO East Africa’s Muhereza Kyamutetera, passionately shares lessons learnt, successes made but more importantly, what more needs to be done- to build a thriving SME ecosystem in Uganda- beyond just words and the usual grandstanding.
The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets,…
Ugandan banker, Anne Juuko is said to be the most likely next Chief Executive Officer for Stanbic Bank, Uganda’s largest bank- according to information corroborated with several industry sources. Juuko,…
Patrick Mweheire, the Stanbic Bank Uganda, Chief Executive Officer will be leaving his job for a yet to be named regional role within the Standard Bank Group, when his contract…
The Stanbic Purchase Manager’s Index (PMI) for September shows that the private sector activity remained in the growth territory at the end of the third quarter of 2019. The survey,…
By Milly Kyolaba A critical period in the year for every parent is Back to School season. For any parent especially those with more than one child, the thought of…
Stanbic Bank Uganda, yesterday, August 09th, 2019 awarded 548 entrepreneurs from 122 Small and Medium Enterprises (SMEs) certificates, for having completed business training and courses at the Business incubator. This…
Stanbic Bank, Uganda’s largest bank by assets, lending, deposits and profits, today released their H1 2019 results, signaling what should turn out to be yet another strong year. In results…
The insurance industry in Uganda underwrote UGX856 billion (USD227.8 million) in 2018- that is UGX73.60 billion (USD19.6 million) more than the Shs782.4 billion (208.2 million) underwritten in 2017. This is…
