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TodayWednesday, May 06, 2026

Stanbic Uganda

Stanbic Uganda Holdings Limited top leadership led by the Chief Executive Francis Karuhanga pose for the group photo during the results release ceremony at Sheraton Hotel in Kampala.

Stanbic Uganda Shareholders to Receive UGX 360bn After 10 Years of Rapid Dividend Growth

Stanbic Uganda Holdings Limited has reported a strong set of financial results for the year ended 31 December 2025, with shareholders set to receive UGX 360 billion in dividends. Stanbic Bank Uganda’s
March 23, 2026
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Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.
Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.

South Africa’s capital is moving north-east, and East Africa is increasingly the preferred landing strip

South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts. They are
February 13, 2026
(L–R) Joseph Matsiko, Managing Partner, Kampala Associated Advocates; Oscar Kambona, Senior Partner and Head of Tax; and Bruce Musinguzi, Partner and Co-Lead, Tax Practice — part of KAA’s senior leadership, and widely expected to play a central role in Stanbic’s UGX 117.8 billion tax dispute with the Uganda Revenue Authority, although the firm had not formally confirmed the litigation team by press time.

Kampala Associated Advocates Lands Mega Deal to Represent Stanbic in UGX117.8 Billion Tax Dispute Against URA

Kampala Associated Advocates (KAA) has been tapped to represent Stanbic Bank Uganda and its parent, Stanbic Uganda Holdings Limited, in one of the largest transfer-pricing disputes to reach the Tax Appeals Tribunal
January 4, 2026
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Uganda’s Q1 Stock Market Champions: Airtel Uganda, QCIL, Stanbic, and Bank of Baroda have been named to Crested Capital’s inaugural Black Diamonds list after delivering total shareholder returns above 25% — outshining government securities in the first quarter of 2025.

Airtel, Quality Chemicals, Stanbic Uganda and Bank of Baroda Make It to Crested Capital’s Q1 2025 Black Diamonds List

Crested Capital, a leading investment advisory firm and licensed broker on the Uganda Securities Exchange (USE), has unveiled the inaugural edition of its “Black Diamonds” list — a quarterly watchlist of top-performing
April 8, 2025
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Left to Right: Ronald Makata, the Chief Finance and Value Management Officer (CFVMO) Stanbic Bank Uganda, Anne Juuko, the outgoing Stanbic Bank Chief Executive and Francis Karuhanga, the Chief Executive, Stanbic Uganda Holdings Limited (SUHL).

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

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 December 2023
March 25, 2024
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East Africa is our home, and we drive her growth⏤ with local talent⏤ Standard Bank Group in its planned East African race to the top is counting on local knowledge and expertise to play tough. Clockwise from the top: Patrick Mweheire, the Regional Chief Executive - East Africa; Joshua Oigara, the Stanbic Kenya Chief Executive; Manzi Rwegasira, the Stanbic Tanzania Chief Executive; Phillip Madinga, the Standard Bank Malawi Chief Executive; Anne Juuko, the Chief Executive of Stanbic Bank Uganda and most recently, Francis Karuhanga, the Chief Executive, Stanbic Uganda Holdings Limited.

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

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 the Group
December 26, 2023
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