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Tag: Stanbic Uganda

  • Stanbic Incubator, GIZ Launch Capacity-Building Programme for Women-led Green Enterprises

    Stanbic Incubator, GIZ Launch Capacity-Building Programme for Women-led Green Enterprises

    Kampala: In a bid to boost women entrepreneurs in Uganda’s green economy, the Stanbic Business Incubator Limited (SBIL) has partnered with the German development agency GIZ to launch a new four-month training programme.

    The inaugural cohort includes 45 women entrepreneurs: all focused on sustainable business solutions.The initiative, dubbed the Green Businesses and Jobs for the Green Transformation Project, is part of the broader Employment Promotion for Women for the Green Transformation in Africa (WE4D) programme. WE4D is funded by the German government in collaboration with the European Union and Norway, and implemented by GIZ alongside Uganda’s Ministry of Gender, Labour, and Social Development.

    At the launch, Catherine Poran, the Chief Executive of the Stanbic Business Incubator, emphasised the critical role women play in advancing Uganda’s green economy. “This programme empowers women with the knowledge, skills, and access to finance necessary for sustainable growth,” she said, highlighting its potential impact on economic development, food security, and poverty reduction, particularly in rural areas.The programme aims to support 200 women-led micro and small enterprises over two years in Kampala, Wakiso, and Mukono districts through targeted business training, coaching, and financing.

    “Women-led businesses are uniquely positioned to innovate in green sectors, developing solutions that are sustainable and responsive to local needs, such as clean energy and sustainable agriculture,” Poran added.

    Michael Seng of GIZ underscored the importance of local ownership and sustainability. “Partnering with established local institutions like the Stanbic Incubator ensures the programme’s long-term success. We are here to support entrepreneurs on their individual journeys,” he said.

    Goretti Serunkuma of Stanbic Bank encouraged participants to leverage financing opportunities through the World Bank-funded GROW project, designed to help scale established enterprises, particularly those focused on Environmental, Social, and Governance (ESG) principles.

    Stephen Segujja, the Manager of the Economic Enterprise Restart Fund at Stanbic, urged participants to share their newly acquired skills with fellow entrepreneurs and to actively pursue available financing options to spur further growth. This initiative represents a significant step toward inclusive green growth in Uganda, equipping women entrepreneurs with the tools, networks, and knowledge needed to thrive in sustainable business ventures.

  • Stanbic Bank Uganda celebrates Women Golfers at March Mug Tournament

    Stanbic Bank Uganda celebrates Women Golfers at March Mug Tournament

    Kampala: Stanbic Bank Uganda held the March Mug golf tournament over the weekend, celebrating lady golfers under the theme ‘Accelerate Her at Tee-Time’.

    Eldad Mwangusya was crowned the overall winner after scoring 68 points net, beating over 100 other golfers who part in this first quarter challenge.

    The event, held at the Uganda Golf Club in Kampala, wrapped up Women’s Month, with all participating ladies receiving gift hampers courtesy of Stanbic Bank.

    The “Accelerate Her at Tee-Time” initiative is part of Stanbic Bank’s month-long activities aimed at celebrating the girl child during Women’s Month.

    According to Sam Bulenzi, Stanbic Bank’s Head of Coverage, the institution has a longstanding strategy to support women, youth, and farmers, in bid to spearhead driving social-economic transformation in Uganda.

    Israel Arinaitwe Stanbic’s Head of Personal Banking hands over a prize to Mutesi Lydia who won nearest to the Pin- Ladies

    “Initiatives like this showcase our purpose: ‘Uganda is our home, we drive her growth.’ By empowering women golfers, we are not only promoting gender equality but also providing opportunities for women to excel,” he said.

    The March Mug tournament was a success, with women 40 golfers showcasing their skills.
    The event culminated in a 19th-hole celebration featuring culinary recipes, music by Myko Ouma and the All Stars Band and recognition of all the top performers with exclusive offers.

  • Stanbic Bank, Total Uganda, Roofings launch drive toplant 150000 fruit trees through secondary schools

    Stanbic Bank, Total Uganda, Roofings launch drive toplant 150000 fruit trees through secondary schools

    Kampala; Stanbic Bank, Total Uganda and Roofings have today announced a tripartite partnership to support over 250 secondary schools to plant atleast150, 000 fruit trees in a bid to redevelop Uganda’sreceding forest cover.

    Under the tripartite, at least 250 secondary schools will collectively plant 110, 000 fruit trees in their respective school spaces which will ultimately support the children’s nutrition needs while conserving the environment.

    Employees of Stanbic Bank Uganda and Total Uganda willalso collectively plant 40, 000 fruit trees making a total of150,000 before the end of the 2021.

    According to data from Uganda’s Environment Ministry and National Forestry Authority, the country loses on average,122,000 ha/year of forest cover, annually.

    Since 2020, Stanbic Bank has supported communities to plant over 25000 trees through its annual National SchoolsChampionship (NSC) a programme implemented as part of thebank’s sustainability agenda. The bank is also part of another multi-partner media campaign dubbed “Taasa Obutonde.”

    Speaking shortly before signing the tripartite, Anne Juuko, Stanbic Uganda Chief Executive Officer said, “We welcomethis partnership with Total Uganda and Roofings, together, weshall more than triple our efforts in this long-term struggle tosave our environment.”

    Ms. Juuko added that the campaign also aims at contributingtowards realizing the Sustainable Development Goals (SDGs) 13 and 15, which, respectively, call for concerted efforts tomitigate climate change and sustainable life on land.

    “Strategic Partnerships, as per SDG 17, are vital if we are to realize all the goals before 2030 deadline, we hope thatStanbic’s partnership with Total Uganda and Roofings willinspire many more local corporate partnerships to support Uganda’s Goals’ Agenda,” she added.

    Daniel Mayieka, the Managing Director of Total Uganda said, the partnership reinforces the Group’s new climate ambitionaimed at getting a net-zero by 2050 together with society, agoal aligned with the organization’s purpose to provide energythat is more reliable, affordable, and clean to as many peopleas possible.

    “Total Uganda Foundation has made forest preservation andrestoration a key focus of its work and is supporting projects to preserve and restore forests. We have therefore, decided tostrategically partner with Stanbic bank and Roofings limited for this cause and to improve the environment in communities and schools as we drive the tree planting culture in Uganda aswell as becoming carbon neutral over time,” Mayieka said.

    Roofings Group Executive Director Nashila Lalani said the partnership helps reinforce the Group’s re-wilding and Ubuntu efforts that deeply embedded within its Corporate SocialInvestment programme implemented through the ForeverForestry Initiative.

    Nashila Lalani, also added that this partnership gives Roofings an opportunity to tap into the mindsets of the next generations in aligning the country towards sustainable co-existence withnature.

    “We are therefore facilitating the Stanbic National SchoolsChampionship program in regreening hundreds of schoolswhich in turn provides environmental stability for thegenerations that will come after us”, Nashila added.

    Why schools

    By choosing schools as touch points, the partners believe they will help influence the young generation to engage in activities that are geared towards conserving the environment.

    “This campaign strictly focuses on helping schools to plant fruit trees which in future, will not only support the nutrition needs of students but also regreen the school environment; thecollective impact of these schools will be notable across thecountry,” said Juuko.

    Majority of the participating schools have ample land where they will plant the allocated fruit trees whileusing the studentpopulation to take care of their growth journey into mature forests.

  • Stanbic Bank Uganda unveils New Brand Promise

    Stanbic Bank Uganda unveils New Brand Promise

    Stanbic Bank Uganda has launched a new brand campaign with a fresh, bold and captivating brand promise and pay–offline that aims to deepen connections with clients and reaffirm the bank’s commitment to help clients realise their dreams.

    Launched today, the campaign will run for the next six months and will unpack the Bank’s new aspirations and client solutions which have been customized and speak to the current needs and demands.

    Anne Juuko, Stanbic Bank Uganda CEO

    Explaining the new campaign, Stanbic Bank’s Chief Executive,Anne Juuko said, “This is a new chapter for our brand as we evolve with our customers and walk the journey to help them achieve their dreams. Today’s customers want more than just a service, they are looking for a brand that believes in them, inspires them, and walks with them – a brand that tells them that their hopes and dreams matter. Therefore, Today marks a significant milestone and I am pleased to announce our new brand promise: “Finding New Ways To Make Dreams Possible”.

    “The new age Customer yearns for connection. We want to be the brand that is in sync with what our customers believe and aspire for so that we are a part their journey to help make their dreams possible.” She said.

    Ms. Juuko further announced, “I am also pleased to unveil our new brand payoff line that underpins our aspirations; It Can Be.” It Can Be is about being courageous, innovative, authentic and bold in everything we do. We want to engage with our clients by asking the deep questions and thinking of the unconventional and create unique solutions. It’s also about attitude and having a positive approach to achieving goals as we help our clients realise their vision of a brighter future.

    No more than ever is a critical time for our us to reaffirm how our brand will support our clients through this difficult time. As we go through this period, we want to remain the anchor that uplifts our clients and helps them sustain the future success of businesses.

    Through the new brand campaign, Stanbic Bank will show case its role in creating new opportunities for clients and how it will revolutionise the customer experience by making it different, exceptional and unforgettable. As such the Bank will unpack itsvalues and offerings; Through being people focused, offering smart solutions for entrepreneurship, being at the forefront of useful innovation, doing the right business the right way, partnering with the right people and maintaining a courageous spirit to find new ways to make dreams possible.

  • Stanbic Uganda Cup returns bigger and better

    Stanbic Uganda Cup returns bigger and better

    Uganda’s biggest knock out football competition, the ‘Stanbic Uganda Cup’ is back bigger and better with an increase in prize money for participating teams and exciting rewards for football fans.

    The prize money has been increased from UGX 90 million to UGX 120 million with the winning team walking away with UGX 40 million, the Runner Up UGX 20 million, the semi- finalists UGX 10 million each, the quarter finalist UGX 5 million each and the teams that finish in the Round of 16 will each get UGX 2.5 million.

    Sonia Karamagi, Stanbic Bank’s Senior Marketing Manager (2nd Left), FUFA President Eng. Moses Magogo (2nd Right), Rogers Mulindwa, FUFA Head of Marketing and Communications (1st Left) and Nalule Aisha, FUFA Head of Competitions (1st Right) announce the 2018-2019 Stanbic Uganda Cup tournament at a press briefing held at Kampala Serena Hotel earlier today

    Speaking at the launch of the new season, Daniel Ogong, Stanbic bank’s Head of Marketing & Communications said that Stanbic Bank is committed to supporting and driving growth in the communities in which it operates.

    “Sports the world over is not just a recreational activity, it contributes to economic development through job creation, skills development, infrastructural investments and business growth. This is why Stanbic is partnering with FUFA to grow football through the Stanbic Uganda Cup and we look forward to an exciting and competitive season,” Ogong said.

    Sonia Karamagi, Stanbic Bank’s Senior Marketing Manager displays a team drawn for the round of 64 during the 2018-2019 Stanbic Uganda Cup season launch at Kampala Serena Hotel

    FUFA President Eng. Moses Magogo welcomed the development saying it will help grow football in the country.

    “We are excited to continue our partnership with Stanbic Bank in growing football across the country. The Stanbic Uganda Cup is the biggest sports competition in the country involving over 175 teams and 3,150 players from the first division to the fifth division as well as non-league teams. The competition has been played since 1971 with the winner representing Uganda in the CAF Confederations Cup. It is a tournament with a very rich history and we thank Stanbic for their sponsorship which is helping to revive football across the country” Eng. Magogo said.

    The 2018/2019 season resumed on December 1, with pre-qualifier games taking place across the country in all the eight football regions. Draws for the Round of 64 were also conducted today.

    Stanbic Bank’s Senior Marketing Manager, Sonia Karamagi (2nd Left) gives remarks on behalf of Stanbic Bank at the 2018-2019 Stanbic Uganda Cup season launch as FUFA President Eng. Moses Magogo (2nd Right), Rogers Mulindwa, FUFA Head of Marketing and Communications (1st Left) and Nalule Aisha, FUFA Head of Competitions (1st Right) look on. This year’s prize money has been increased from UGX 90 million to UGX 120 million. The winning team stands a chance to walk away with UGX 40 million, the Runner Up UGX 20 million, the semi- finalists UGX 10 million each, the quarter finalists UGX 5 million each and the teams that finish in the Round of 16 will each get UGX 2.5 million

    The Stanbic Uganda Cup has been played since 1971 with the first Uganda Cup winner being Coffee SC who beat Simba FC (Army team) 2-1 in the final. Since then 24different teams have won the Uganda Cup with the record winners being Express FC and current holders KCCA FC who have each won it 10 times.