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Stanbic Bank donates a further UGX140 million to Vulnerable Communities across the country

In a bid to support vulnerable communities across the countrythat have been affected by the COVID19 lockdown, Stanbic Bank contributed a further UGX140 million used for purchasing food items for the communities in which they are operating in. Through the different branches across the country Stanbic Bankemployees distributed food items to over 4,000 individuals among […]

News Politics

Uganda registers 32 new cases of COVID-19

The Ministry of Health Uganda has confirmed 32 new cases of COVID-19, the deadly disease caused by Coronavirus.  Results from samples tested on 01 June 2020 confirmed 32 new COVID-19 cases bringing total number of COVID-19 cases in Uganda to 489. 19 of the new cases are truck drivers. 14 from Elegu, 2 from Malaba, […]

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Summary of HE M7’s Address on the Lockdown (1st June 2020)

1. Public transport is now allowed but will carry half of normal capacity including the driver and the conductor with effect from 4th June 2020. All passengers, driver and passengers must wear face masks 2. Brokers, taxi/bus touts, hawkers are not allowed in the public transport parks/ terminals. 3. Public and private transport is still […]

News Politics

Seven Health workers contract Coronavirus

Seven frontline health workers have tested positive for COVID-19 in  Uganda, we can confirm. This brings the number of total COVID-19 cases to 417. The confirmed cases include: 3nurses, 2 doctors  and 2 senior level staff. 3 of the health workers were confirmed among samples tested yesterday 30 May, 2020. Four others were confirmed today […]

News Politics

Uganda records 12 new cases of COVID-19

The Ministry of Health has announced that 12 new COVID-19 cases confirmed bringing the total confirmed cases in the country to 329. 5 new cases are truck drivers who arrived from South Sudan via Elegu border. 7 cases are contacts to previously confirmed cases. All were under quarantine at the time of test. Additionally, 25 […]

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COVID-19 Business Info Hub: The Small and Medium Enterprise (SME) sector remains the engine of growth for economic development, innovation and wealth creation

By Anne Juuko, the Chief Executive, Stanbic Bank Uganda Amongst all the sectors in Uganda, the Small and Medium Enterprise (SME) sector remains the engine of growth for economic development, innovation and wealth creation. In recent reports by the Uganda Investment Authority, SMEs are spread across all sectors with 49% in the service sector, 33% […]