Stanbic Uganda Holdings Limited Archives

Andrew Mashanda Appointed to Lead Business and Commercial Banking Across Africa and Offshore for Standard Bank Group

Muhereza KyamuteteraThe Big StoryApril 23, 2025April 23, 2025

Standard Bank Group has appointed Andrew Mashanda as the Head, Business and Commercial Banking (BCB), Africa Regions and Offshore, effective April 2025. In this role, Mashanda will lead the Group’s…

Stanbic’s Net Profit Touches a Record UGX 478Bn: 10 Facts and Figures That Explain This Record Performance

Paul MurungiBanking & Financial Services Business & Markets East Africa The Big StoryMarch 24, 2025March 25, 2025

Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,…

Stanbic Bank donates maternal healthcare equipment to Naguru Hospital

Paul MurungiCompany News News & AnalysisJuly 3, 2024July 9, 2024

Stanbic Uganda Holdings Limited (SUHL) has donated vital medical equipment and consumables worth UGX 30 million to the maternity ward of Naguru Hospital, also known as China-Uganda Friendship Hospital. The donated equipment includes a modern operating table, adjustable delivery beds, examination couches, and mama kits; all aimed at enhancing maternal healthcare services and improving the well-being of mothers and infants. …

SBG Securities to Revolutionize Financial Investment with Stanbic Unit Trust Launch

Paul MurungiCompany News The Big StoryJuly 2, 2024July 2, 2024

In a move poised to transform Uganda’s investment landscape, SBG Securities, a subsidiary of Stanbic Uganda Holdings Limited, has launched the Stanbic Unit Trust (SUT), an innovative investment vehicle that empowers Ugandans to pool their resources, leveraging professional fund management to generate favourable returns. SBG Securities is a listed entity on the Uganda Stock Exchange (USE) operating four other businesses…

Standard Bank Group assembles an army of homegrown executives ahead of its planned game-changing East African acquisition

Muhereza KyamuteteraBusiness & Markets News & Analysis The Big StoryDecember 26, 2023November 9, 2024

In a March 2023 interview with Bloomberg, Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, told of the Group’s ambitions for the Kenyan market, revealing that…

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

Muhereza KyamuteteraCompany News Executive Profiles The 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…

FiRe Awards 2022: National Social Security Fund Scoops Fourth Gold

CEO ReporterNews & Analysis The Big StoryNovember 16, 2022November 16, 2022

The National Social Security Fund (NSSF) has won their fourth Gold Award in Financial Reporting, beating 108 organisations which submitted their annual reports for evaluation in the 2022 Financial Reporting…

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

Nelson NambooleCompany News News & 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…

Stanbic Uganda Holdings Limited announces payment of 2021 dividends

Nelson NambooleNews & AnalysisJune 13, 2022June 13, 2022

Stanbic Uganda Holdings Limited (SUHL), a leading financial services provider in Uganda, delivering exceptional client experiences and superior value has revealed that it will pay dividend of UGX 1.95 per…

PwC eats big in MTN Uganda, Stanbic Bank auditing deals

Nelson NambooleCompany News News & AnalysisJune 7, 2022June 7, 2022

MTN Uganda Limited has announced the re-appointment of PricewaterhouseCoopers (PwC) Certified Public Accountants as the external auditor of the Company for the audit relating to the financial year ending 31…