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TodayWednesday, May 06, 2026

Standard Bank Group

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
Israel Arinaitwe Head Personal Banking , looking on is Yvone Namutosi, Head Digital Banking and E-Commerce and Arthur Kiwanuka Head Affluent Banking at Stanbic Bank Uganda.

Stanbic Accelerates Uganda’s Digital Future with “Kikole Ku Speedii” Campaign

Stanbic Bank Uganda has unveiled a new campaign, “Kikole Ku Speedii,” aimed at making banking services faster, simpler, and more convenient for its clients and customers. Speaking at the launch, Head of
March 20, 2026
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L–R: Bethuel Karanja, Head of Global Markets, Stanbic Bank Uganda; Damoni Kitabire, Board Chairman, Stanbic Bank Uganda; Michael Niyitegeka, Executive Director, Refactory; Dr. Joseph Muvawala, Executive Director, National Planning Authority; Daisy Nitwe, Country Lead – Structured Solutions, Stanbic Bank Uganda; Prof. Augustus Nuwagaba, Deputy Governor, Bank of Uganda; and Mumba Kalifungwa, Chief Executive, Stanbic Bank Uganda — the leadership voices behind the Stanbic Bank Economic Forum 2026, convened to interrogate Uganda’s growth inflection point and chart a disciplined path from macro optimism to execution-led prosperity.

Big Dreams Need a Big Bank — and the 9 Other Things I Took Away from the Stanbic Bank Economic Forum 2026

2026 finds Uganda at a rare convergence of economic catalysts and structural pressures. First oil is nearing. Gold is redefining export performance. Technology — particularly AI — is compressing the time between
February 19, 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
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
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