Kampala: For the first time in history carbonated products like soda became more expensive than beer at the long awaited OBA Fest that happened over the weekend, thanks to unbeatable discounts offered by Flexipay. The festival, which kicked off on Friday, saw thousands of revelers flock the Munyonyo based Jahazi Pier to enjoy music, food, […]
Key findings Further expansions in output and new orders Input cost increases driven by higher purchase prices Employment expands again amid buoyant business confidence Kampala: Increased advertising by companies during September played a role in sustaining strong business output and attracting new clients as the headline Stanbic Bank Purchasing Index (Stanbic PMI) dropped slightly to […]
Stanbic Bank recently donated an assortment of items worth UGX 16 million to the Wakiso-based Gem Foundation, a non-profit organization providing a safe haven for abandoned, neglected, and abused children with special needs. The items included medical supplies and foodstuffs dedicated to enhance the welfare of vulnerable children in Uganda. For the last three years, […]
Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO community. The event held at Tuzza Hotel in Bushenyi brought together over 100 leaders from across the West Ankole Region, who gathered for a financial literacy training organized by Stanbic Bank […]
Kampala: The semi-finals of the 2024 Stanbic MatchPlay Challenge, featuring four pairings, were held at the lakeside par-71 Entebbe Golf club over the weekend in ideal sunny conditions. Lillian Koowe and Joyce Kisembo’s fairytale run continued as they won their match 4/3. The two defeated Walter Tukahiirwa and Lambert Tumwesigye. “It was a great match. […]
Stanbic Bank Increases loan repayment time from 84 to 96 Months Stanbic to Rescue Customers with Multiple Loans through Credit Consolidation Fresh Company Employees can also access unsecured loans of up to UGX 350 million even while still on probation In a new campaign dubbed “Oli Sorted for Shuwa”, Stanbic Bank says it’s giving a […]
Kampala: Seven small businesses will receive seed funding of about $20,000 each from Hi-Innovator, a program jointly run by the National Social Security Fund (NSSF) together with the Mastercard Foundation. The recipients are Marjoz Farm Stores Limited, Ebenezer Energy Saving Stoves Limited, Kaps Circle Company Limited, Dreck Ventures Limited, Classic Baking and Catering Limited, Crested […]
Kampala: Stanbic Bank Uganda, in partnership with the Ministry of Health, and the Corporate Society for Safe Motherhood have launched a new campaign dubbed “Together for Mama” which falls under the bank’s Corporate Social Investment. CSSM is an initiative of the health ministry that brings together willing private sector companies and the public at large, […]
Kampala: Stanbic Uganda is pleased to announce the appointment of Catherine Poran as the first female Chief Executive (CE) of Stanbic Business Incubator, effective July 1, 2024, 2024. Catherine succeeds Tony Otoa and brings a wealth of experience in business management, strategic planning, and risk management, making her the ideal leader for the role. Stanbic […]
Key findings Output and new orders rise for second month running Higher purchase and staff costs push up total expenses Employment expands further amid confidence in the outlook Back-to-back expansions in both business activity and new orders resulted in Ugandan firms seeing a further improvement in performance during May with the headline Stanbic Purchasing Managers […]
