Standard Bank

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
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
A photo collage of Dr. Joshua Oigara, the Regional Chief Executive for East Africa at Standard Bank Group and also serving co-currently as CEO of Stanbic Bank Kenya, John Gachora is the Group Managing Director and CEO of NCBA Group, Standard Bank Group CEO, Sim Tshabalala.

NCBA Shares Surge as Standard Bank’s Two-Year Courtship Nears the Finish Line

Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is in advanced
Finance Minister Matia Kasaija, Prime Minister Robinah Nabbanja and Ministry of Finance Permanent Secretary, Ramathan Ggoobi.

Uganda Gov’t plans to borrow over UGX 5.8 trillion in a single sitting amid rising debt concerns

A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion (UGX 5.8
An African Union illustrating a better future for Africa. To achieve this, the author says, Africa must rely less on imported solutions and look more to home-grown answers.

Standard Bank’s Sola Adegbesan⏤ Why Africa needs homegrown financing solutions to its local challenges

Africa, the second-largest continent and home to 1 billion people has long captured the imagination of the world. Today, different thinkers, and political and business leaders are preoccupied with a single question
September 6, 2023
Elison Karuhanga (L) an energy lawyer with Kampala Associated Advocates and Patrick Mweheire the Regional Chief Executive - East Africa at Standard Bank Group and Chairman, Governing Council of the Uganda Chamber of Mines & Petroleum

Q&A: Energy lawyer Elison Karuhanga and Patrick Mweheire, Chairman, Uganda Chamber of Mines & Petroleum discuss the future of Uganda’s oil and gas resources

As chairman of the Uganda Chamber of Mines and Petroleum, what does the chamber focus on? At the Chamber, there are a few things we have tried to focus on. In the
September 26, 2022

 

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