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TodaySaturday, April 25, 2026

Tony Otoa

A photo collage of Energy Ministry Permanent Secretary, Irene Batebe and Tony Otoa, UNOC Corporate Affairs Director. The two government officials have confirmed the oil refinery deal is still on.

Government inches closer to finalising oil refinery deal with Alpha MBM Investments 

Uganda’s Energy Ministry Permanent Secretary, Irene Batebe has, in an exclusive interview with the CEO Magazine, revealed that government is on course with Dubai- based Alpha MBM Investments to have agreements signed
December 11, 2024
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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Former minister of Finance, Maria Kiwanuka speaking. She tasked the sector regulators to regulate in a way that improves, sustains and leads to the development of SMEs

Financial experts tip SMEs on business survival, development

Financial experts have on Wednesday tipped Small and Medium Enterprises (SMEs) on entrepreneurship financing and investment post Covid-19 era. This was during the Prudential Knowledge Series, the first in 2022, on discussing
May 26, 2022
Chairman Simba Group, Patrick Bitature was the chief guest at the graduation ceremony.

700 SMEs awarded certificates in enterprise development

Stanbic Business Incubator Limited (SBIL) has awarded 700 Small and Medium Enterprises (SMEs) with certificates in enterprise development, this, after three months of training in financial literacy, business planning, contracts and bid
February 15, 2022
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URSB Registrar General, Mercy Kainobwisho displays the MoU document together with Stanbic Business Incubator Chief Executive Tony Otoa after the signing.

URSB, Stanbic Business Incubator to Support 500 SMEs Annually

The Uganda Registration Services Bureau (URSB) and the Stanbic Business Incubator (SBIL) have signed a Memorandum of Understanding (MoU) which will see 500 micro, medium and small enterprises (MSMEs) trained and supported
October 2, 2021
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