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TodayWednesday, April 29, 2026

Stanbic Bank

Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, argues that the bank must champion a pragmatic path for Uganda’s oil journey, balancing economic growth with a just energy transition. He underscores the role of finance in transforming natural resources into lasting national prosperity while preparing the country for a sustainable, inclusive energy future.
Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, argues that the bank must champion a pragmatic path for Uganda’s oil journey, balancing economic growth with a just energy transition. He underscores the role of finance in transforming natural resources into lasting national prosperity while preparing the country for a sustainable, inclusive energy future.

Turning Oil into Opportunity: Stanbic Bank’s Role in Uganda’s First Oil Journey

As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of profound contradiction in the global energy narrative. On one hand, the world is accelerating toward a
April 25, 2026
Fabrice Brad Rulinda, Entebbe mayor and plaintiff in the High Court case against Stanbic Bank, was implicated in a suspicious gold-related transaction that the court found bore the hallmarks of money laundering linked to actors in eastern Democratic Republic of Congo.
Fabrice Brad Rulinda, Entebbe mayor and plaintiff in the High Court case against Stanbic Bank, was implicated in a suspicious gold-related transaction that the court found bore the hallmarks of money laundering linked to actors in eastern Democratic Republic of Congo.

High Court Finds Entebbe Mayor Fabrice Rulinda Mired in Gold-Related Money Laundering Controversy

A High Court ruling has drawn Entebbe Mayor Fabrice Brad Rulinda into a complex international gold transaction that the court concluded bore the hallmarks of money laundering linked to illicit mineral trade
March 16, 2026
L to R- Fred Percy Kisa a digital transformation incharge at NSSF,Dr. Gorretti Byomire an Inclusive Education Specialist, Israel Arinaitwe Stanbic's Head of Personal Banking and others during the discussion.

Stanbic Bank Calls on Graduates to Tap into Skills and Financing Opportunities

Stanbic Bank’s head of personal banking, Israel Arinaitwe, has urged students and recent graduates to actively exploit the youth empowerment initiatives available to sharpen their skills, strengthen their goals, and position themselves
March 16, 2026
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A Pebuu field supervisor supports an authorised bank agent at a local market, a scene that captures the quiet infrastructure behind Uganda’s agent banking boom. As trillions of shillings move through kiosks and trading centres each year, Pebuu’s on-the-ground teams ensure compliance, visibility, and operational discipline across Africa’s expanding last-mile financial networks.
A Pebuu field supervisor supports an authorised bank agent at a local market, a scene that captures the quiet infrastructure behind Uganda’s agent banking boom. As trillions of shillings move through kiosks and trading centres each year, Pebuu’s on-the-ground teams ensure compliance, visibility, and operational discipline across Africa’s expanding last-mile financial networks.

Who is Pebuu: The Ugandan Company Quietly Powering Africa’s Largest Agent Banking Networks

Across Africa, the banking hall is no longer the epicentre of financial services. It is the agent kiosk in a trading centre in Arua. The POS terminal inside a hardware shop in
March 4, 2026
Bernice Kamahunde Mvano, Stanbic Bank’s Head of Wealth and Investment, says building generational wealth starts with clear goals, disciplined planning, and diversification, backed by a trusted partner guiding clients through every stage.
Bernice Kamahunde Mvano, Stanbic Bank’s Head of Wealth and Investment, says building generational wealth starts with clear goals, disciplined planning, and diversification, backed by a trusted partner guiding clients through every stage.

Diversify to Grow: Stanbic Bank’s Bernice Kamahunde Mvano on Building and Protecting Generational Wealth

In a rapidly evolving financial landscape, Stanbic Bank is strengthening its role as a trusted companion for individuals and families seeking to build and preserve generational wealth. According to Bernice Kamahunde Mvano,
December 20, 2025
A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.
A photo montage of Knight Frank’s Judy Rugasira Kyanda, Broll Property’s Moses Lutalo, Quality Chemical’s Ajay Kumar Pal, Stanbic Bank CFO Ronald Makata, MTN CFO Andrew Bugembe, and Innovex’s Douglas Baguma. Uganda’s CEOs and CFOs are navigating a tight-liquidity economy where money is costly and slow-moving. Discipline, smarter capital allocation, and tighter risk management now define survival as companies rethink growth, debt, and currency exposure.

Surviving in a Cash-Crunch Economy: How CEOs, CFOs are Managing Debt, Forex, and Capital in a Tight Liquidity Market

Money remains expensive in Uganda. Bank of Uganda has kept its Central Bank Rate (CBR) at 9.75% since August 2025, one of the longest periods without adjustment. The message is clear: maintain
November 17, 2025
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