Uganda’s bancassurance sector closed the second quarter of 2025 with Stanbic Bank, Centenary Bank, and Absa Bank securing commanding positions at the top of the market in both life and…
Herman Kasekende was appointed Chief Executive Officer (CEO) and Managing Director (MD) of Standard Chartered Bank Tanzania in June 2022. Prior to this appointment, Herman served as CEO of Standard…
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As we mark this year’s World Environment Day under the theme “Ending Global Plastic Pollution”, we are reminded that the choices we make today as leaders, institutions and individuals will…
The Court of Appeal has ordered Standard Chartered Bank Uganda to pay Grace Tibihikira Makoko a total of over UGX 850 million in compensation following her unlawful dismissal from the bank in 2015. Delivering judgment in Civil Appeal No. 307 of 2020 on April 25, 2025, a panel comprising Justices Muzamiru Mutangula Kibeedi, Christopher Gashirabake, and John Kihika ruled that, although the original Industrial Court award had been excessive, Makoko was nonetheless entitled to significant compensation. Makoko, who had served as the Regional Head of Financial Markets and Wholesale Banking for East Africa, was terminated in 2015 without a hearing…
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A tariff is a tax placed on goods when they are brought into a country. Governments use tariffs for several reasons. They might want to protect their own industries from…
The 2024 International Men’s Day offers us an opportunity to once again turn our attention towards men by recognising and celebrating their contributions to their families, communities and workplaces. This year’s theme; Positive Male Role Models, deeply resonates because men’s roles continue to shift, blending traditional expectations with a modern understanding of masculinity. Positive male role models hold immense value in society, influencing other men by demonstrating integrity, hard work, respect, resilience and emotional strength. Research also shows that when the boy-child is raised with supportive, compassionate male figures who balance strength with empathy, they’re statistically more likely to develop…
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As part of our disability commitment, with inclusion as a key differentiator, Standard Chartered Bank continues to partner with Purple Tuesday, a global social movement to advocate and champion the removal of barriers for persons with disabilities, improve their customer experience, increase their accessibility and ensure they have equitable access to meaningful opportunities. Purple Tuesday for years has been a rallying point for organisations worldwide to reflect on their contributions to disability inclusion and as a Bank each year we renew our commitment to support persons with disabilities by lighting up our Head Office at Speke Road in purple and…
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The Bank of Uganda has awarded Standard Chartered Bank, the Best Performing Primary Dealer Market Maker (PDDM)of the year for the year ending September 2023. The Primary Dealer Market Makers system was launched in 2005 to enhance the government securities market by improving liquidity, pricing efficiency, and secondary market trading activity. There are 08 banks playing this role. They are Absa, Centenary, Citi, dfcu, Equity, Housing Finance, Stanbic and Standard Chartered Bank. Citibank and Equity are the latest entrants to the PDMM system. To arrive at the best dealer, the Central Bank’s performance criteria focused on posting two-way pricing…
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If you could go back in time to your 20’s, what are some of the things you wish you had done differently? I wish I had listened to my parents more, and worried less about peer pressure. I also wish I had been more disciplined with saving, and that I had chosen to buy less expensive items and saved the left-over funds. Sounds Familiar? Meet 20-year-old me. The twenties were some of the best years of my life; I had my entire future ahead of me and felt ready to conquer the world. With a mini afro, my standard jeans…
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In a world facing multiple crises, from climate change to conflict and economic strife, achieving gender equality is more critical than ever. Ensuring that women and girls are empowered to claim their rights in all aspects of their lives is key to ensuring their wellbeing, and a world in which they contribute to better, more prosperous economies. This International Women’s Day, rallying behind the theme, Inspiring Inclusion, Standard Chartered Bank Uganda reflects on the importance of promoting inclusion and how empowering women can help them rise to their full potential⏤ women like Martha Awor, Prudence Byarugaba and Associate Professor Dorothy Okello. Martha’s experience of losing…
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