Prudential Uganda has partnered with Standard Chartered Bank to offer comprehensive insurance solutions. The partnership was officially launched in the presence of key leaders from both organizations, reflecting a shared vision for providing accessible and long-term financial security for Ugandans. The partnership was officially launched at an event graced by senior leaders from both companies. Among those present were Sanjay Rughani, CEO of Standard Chartered Bank Uganda, Tetteh Ayitevie, CEO of Prudential Uganda, Emmanuel Mokobi Aryee, CEO of Prudential Africa, and Achumile M. the Regional Chief Officer of Commercial Operations and Strategy for Prudential Africa. These leaders shared insights on…
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This year’s World Mental Health Day theme is “It’s time to prioritise Mental Health in the Workplace.” What does World Mental Health Day mean to you personally as a leader, and why must businesses recognise it? World Mental Health Day is a timely reminder to reflect on how we are supporting our well-being and that of our families, colleagues, and the community at large. As a leader, it means recognising the role that mental health plays in any business’s overall success and sustainability. In the workplace, we expect our people to give their best, but this cannot happen if they…
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Standard Chartered Bank has today launched the 7th edition of its famous Standard Chartered Cup – futsal tournament at a press conference held at its Headquarters at Speke Road. The international 5 aside football tournament that is hinged on the Bank’s Liverpool FC sponsorship, and was won by Steel & Tube Industries Ltd last year, will once again offer football fans a ‘Money Can’t Buy’ opportunity to travel to the UK to attend an English Premier League match. The 7th edition winners will get an opportunity to watch the highly contested Liverpool Vs. Arsenal Match which is scheduled to take…
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Members of the Uganda Bankers’ Association (UBA) held their annual general meeting on the 17th May 2024 and elected Mr. Julius Kakeeto, as the Association’s new Chairman. He replaces Ms. Sarah Arapta whose two-year term of office (2021 & 2023) has elapsed. Mr. Kakeeto is the Chief Executive Officer of Post Bank Uganda and has been serving as the Vice Chairperson for two years (2021 & 2023) Other members elected on the Executive Committee of UBA are Michael Mugabi, the CEO of Housing Finance Bank as the Vice Chairman; Edgar Byamah, the CEO of KCB Bank, as the Treasurer and…
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Yesterday, November 7th 2023, Standard Chartered Bank marked the 2023 Purple Tuesday with a series of activities that included lighting the bank’s head office purple as well as hosted several persons with different abilities from a Futuremakers initiative involved in Agri-business where the bank offered them grants totalling to over UGX 170m to enhance their businesses. The event was presided over by Hon. Helen Grace Asamo, Minister of State for Disability in the Ministry of Gender, Labour and Social Development. In this opinion, Sanjay Rughani, the Chief Executive Officer, of Standard Chartered Bank Uganda reiterates the importance and value of…
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Coming hot-on-the heels of the World Mental Health Day, I want to lend my voice to the issue of mental well-being as it’s such a critical issue that has become rampant and is impacting society and businesses alike. It’s also a less understood issue until one experiences it so, I take this opportunity to join other authorities to create awareness in the hope that it will help someone or change someone’s perception. First, we need to appreciate that we all have mental health, just as we all have physical health. Even the fittest people can get physically unwell, and our…
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To start and build thriving and domestically, regionally and globally competitive businesses, Ugandan Investors have been advised to focus on building for the long-term by getting the fundamentals right. This among others includes collaborating with the right partners; regulatory compliance including tax compliance, adopting sustainable practices as well as digitising their businesses to cut costs and create efficiencies. Partnering with Uganda Investment Authority for the H2 2023 Investment Summit, Standard Chartered Bank assembled a panel of experts to equip investors with valuable insights and information on the economic market environment, personal & sector investment opportunities for the corporate and government…
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Standard Chartered Bank has launched the SC Shilingi Funds⏤ a low-ticket money market fund for Standard Chartered Bank clientele that is 100% digital and available on the SC Mobile app. SC Shilingi Funds allows clients to invest amounts of as low as UGX20,000, and earn competitive interest as well as be able to withdraw their funds anytime. Standard Chartered Bank is the first bank to offer such a proposition in the market. The launch event was held at Kampala Sheraton Hotel on 21st June 2023 and was presided over by the Minister of ICT Dr. Chris Baryomunsi; the Bank’s CEO,…
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According to the Economic Policy Research Centre (EPRC), Uganda’s leading think tank on economics and development policy-oriented research and analysis, 425,000 jobs were lost amongst Micro, Small and Medium Enterprises due to the Covid-19 pandemic. Of these, 241,000 jobs were lost between the period before Covid-19 and the end of the first Covid-19 lockdown, and 184,000 jobs were lost between the first lockdown and the second lockdown. Job losses were more prevalent among youth and female workers, and the magnitude of wage cuts was also higher for female and youth employees. A determined Martha, decided to venture out into private…
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For starters, what is your take on 2022 in terms of business and leadership trends? 2022 has been a year mixed with both great positive growth, prospects and optimism in the business community following the full opening up of the economy in January after the Covid-19 restrictions. The positives notwithstanding, we are at the tail-end of a year that was filled with enormous ongoing global challenges like climate change, the rise in fuel prices and inflation which led to an increase in the cost of doing business. There were other challenges like the rising debt burden, the Russia-Ukraine war and…
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