Stanbic Business Incubator

Q&A: After an impactful 4 years at Stanbic Business Incubator; Tony Otoa makes a timely return to mainstream oil and gas at UNOC

Muhereza KyamuteteraNews & AnalysisQ + AsThe Big StoryApril 15, 2024April 15, 2024

Otoa is now leaving Stanbic Business Incubator Ltd to take up a new Chief Corporate Affairs Officer role at the Uganda National Oil Company (UNOC)⏤ a wholly government of Uganda-owned…

Stanbic Uganda Holdings net profits hit UGX412 billion on the back of innovative lending

Muhereza KyamuteteraIndustry & AnalysisNews & AnalysisThe Big StoryMarch 25, 2024March 25, 2024

Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit after tax of UGX412 billion for the period ending…

BREAKING: Standard Bank Group Reassigns Francis Karuhanga As Its New Chief Executive for Stanbic Uganda Holdings

Muhereza KyamuteteraCompany NewsProfilesThe Big StoryDecember 13, 2023December 13, 2023

The Standard Bank Group has named Francis Karuhanga as the new Chief Executive for Stanbic Uganda Holdings (SUHL), the listed entity under which Stanbic Bank, Uganda’s largest bank is operated….

EXCLUSIVE: Andrew Mashanda to leave Stanbic Uganda Holdings Limited Chief Executive Role

Muhereza KyamuteteraCompany NewsProfilesThe Big StoryNovember 22, 2023November 22, 2023

After three years at the helm of Stanbic Uganda Holdings Limited (SUHL), Andrew Mashanda is set to leave the Chief Executive role, CEO East Africa Magazine can exclusively reveal. He…

SHARED PROSPERITY: A deep-dive into Stanbic’s emphatic 2022 performance  

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryApril 5, 2023April 5, 2023

The bank which is the biggest lender with 21% of the market share, in 2020 restructured UGX800 billion of loans, giving room to clients to get back on their feet….

RESILIENCE: Stanbic records UGX. 162b half year net profit

Nelson NambooleCompany NewsNews & AnalysisAugust 22, 2022August 24, 2022

In spite of an unpredictable operating environment characterized by global price instability and a tightening of monetary policy by Bank of Uganda to curb imported inflationary pressures, Stanbic Uganda Holdings…

RESILIENT: Stanbic Uganda Holdings defies tough times; 2021 profits rise 11% to a record UGX269 billion  

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryWomen Fixing UgandaWomen in BusinessWomen In LeadershipMarch 31, 2022March 31, 2022

Stanbic Uganda Holdings Limited (SUHL) has announced it grew its net profits by 11% in 2021 to earn UGX269billion from Ush.242billion in 2020, driven by robust growth in non-interest income…

URSB, Stanbic Business Incubator to Support 500 SMEs Annually

CEO ReporterCompany NewsNews & AnalysisOctober 2, 2021October 2, 2021

The Uganda Registration Services Bureau (URSB) and the Stanbic Business Incubator (SBIL) have signed a Memorandum of Understanding (MoU) which will see 500 micro, medium and small enterprises (MSMEs) trained…

Digital Connectivity and payments boost SME performance in Uganda

CEO ReporterCompany NewsApril 19, 2021April 19, 2021

Internet connectivity and digital payments are driving the performance of Small Medium Enterprises (SMEs) in Uganda. This was revealed at an online thought-leadership forum hosted by Airtel Uganda under the…

URSB, Stanbic Business Incubator announce partnership to support MSME growth and sustainability

CEO ReporterCompany NewsFebruary 9, 2021February 9, 2021

An exciting new partnership has been announced today between Uganda Registration Services Bureau (URSB), a semi-autonomous Government agency charged with formalization of businesses and registration of intellectual property, and the…