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March 15, 2026
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    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 KyamuteteraCEO PerspectivesNews & AnalysisThe 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 KyamuteteraBusiness & MarketsNews & 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 NewsExecutive ProfilesThe 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 NewsExecutive ProfilesThe 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 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…

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    Latest Stories

    • A graphic representation of how MTN and Airtel's balance sheets look.
      MTN vs Airtel: Balance Sheet Strength Meets Earnings Momentum in the Race to Win the Telecom Market
      by Jeff Winters
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    • Pearl Bank Supports IUIU Students with Water Tanks and Food During Ramadan and Women’s Month
      by Paul Murungi
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    • Kenya’s financial markets remained stable as the shilling held firm, remittances rose, and equities gained, even as bond market activity slowed and global pressures from oil prices and geopolitics intensified.
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      by CEO East Africa Magazine
      March 14, 2026
    • After 29 Years in Court, Government Ordered to Pay UGX 512.9 Million in Kamuli Land Dispute
      by Paul Murungi
      March 13, 2026
    • Under Sylvia Mulinge’s leadership, MTN has strengthened its financial position, accelerated growth in data and fintech, and expanded network investment, positioning the telecom to capture Uganda’s fast-growing digital economy.
      Five Years of Ambition: MTN Caps Strategy Cycle With Strong Growth
      by Muhereza Kyamutetera
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    • Building Financial Resilience: How CFO Arnold Ainebyona Is Positioning SanlamAllianz Life for Growth and Capital Strength
      by Paul Murungi
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    • Saviour Chibiya, Regional Chief Executive, Absa Group, addresses staff during a town hall meeting with Absa Bank Uganda employees at the Kampala Sheraton Hotel this week. During his visit to Uganda, Chibiya emphasised Absa’s ambition to become the “bank of choice for economic development” across the markets where it operates.
      “We Want to Be the Bank of Choice for Economic Development”: Saviour Chibiya on Absa’s Strategic Bet on East Africa 
      by Muhereza Kyamutetera
      March 13, 2026
    • I&M Bank Katogo Golf Series Returns to Entebbe with Innovative Format and High-Stakes Rewards
      by Brian Emorut
      March 13, 2026
    • UK Scholarships Unit Head Visits Uganda to Strengthen Chevening and Commonwealth Education Partnerships
      by Brian Emorut
      March 13, 2026
    • Janet Navuuga says Uganda’s evolving governance landscape demands more than qualifications for board leadership. The Fit and Proper Test ensures that integrity, competence, and ethical reputation remain central to those entrusted with corporate oversight.
      Preparing for Board Leadership: Why the Fit and Proper Test Matters
      by CEO East Africa Magazine
      March 13, 2026

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