Stanbic Bank Uganda and the Buganda have launched Ssemaduuka, a one-stop agricultural business centre designed to expand access to structured credit for farmer-owned savings and credit co-operative organisations, strengthen governance and formalise coffee value chains. The initiative was launched at Mayors Gardens in Mubende Municipality. For more than a decade, Frank Nyanzi, a 57-year-old coffee…
Stanbic Bank Uganda’s chief executive, Mumba Kalifungwa, has urged leaders across government, business and finance to turn Uganda’s macroeconomic gains into inclusive and long-term prosperity as the country approaches commercial oil production. Speaking at the fifth Stanbic Economic Forum in Kampala, Kalifungwa said Uganda’s future “is not something to be observed from a distance, but…
Africa PR Week, the continent’s leading platform for public relations and strategic communications professionals, has named Stanbic Bank Uganda’s Kenneth Agutamba among the Top 100 Corporate Communication Leaders in Africa. The recognition, announced during Africa PR Week in Nairobi, places Agutamba among a select group of practitioners shaping how African organisations manage reputation, navigate complexity,…
Stanbic National Schools Championship has won two accolades at the fifth edition of the Uganda Marketing and Excellence Awards (UMEAS), taking home the Best Not-for-Profit/Social Good Campaign and the Best Use of Sustainability awards. The awards were presented during a high-profile gala organised by Evolve Africa at the Kampala Serena Hotel, bringing together leading brands,…
If Stanbic Bank Uganda were a person, it would be a 35-year-old Ugandan. Born in 1991, raised in a country finding its economic feet, shaped by hardship and opportunity, and determined to keep pushing forward. Its journey looks a lot like the life path of many Ugandans who share that same birth year. Early days…
Ugandan investment banker Anne Aliker has been appointed Head of Africa Regions, Corporate and Investment Banking (CIB) at Standard Bank Group, Africa’s largest bank by assets. Announcing the appointment, Luvuyo Masinda, Chief Executive of CIB at Standard Bank Group, said Aliker brings a wealth of experience and a strong record of leadership. “Anne has led…
Stanbic Bank Uganda has officially unveiled the 2025 Stanbic Entebbe Open Golf Tournament, blending top-level sport with business opportunities. The event, set for 5-9 October at the historic Entebbe Club, is the third in a row sponsored by the bank since the Covid-19 pandemic. It aims to boost Uganda’s sports scene and foster community ties….
Stanbic Bank Uganda has launched an enhanced SupaDupa Campaign, extending the repayment period for unsecured commercial loans from 84 to 120 months, a move aimed at easing financial burdens and promoting inclusivity for Ugandans. The announcement was made during a press conference in Kampala. Israel Arinaitwe, Head of Personal Banking at Stanbic, emphasized that the…
The High Court has overturned a contempt of court ruling and fines imposed by the Tax Appeals Tribunal (TAT) against Nile Breweries arguing that it (tribunal) lacked the power to punish the company for what it called “civil contempt”. However, the court sided with the tribunal on a key tax rule, confirming that companies must…
Stanbic Bank Uganda has extended its sponsorship of the Black Pirates Rugby Club for three more years. The bank celebrated the team’s recent victories with a lively ceremony, where they also showed off the team’s new kit for the upcoming Rujumba Sevens Rugby Tournament at Kings Park Arena this weekend. Akot Apel Rita, Stanbic Bank’s…
The East African Community (EAC) faces a daunting $42 billion annual infrastructure deficit, stalling progress in transportation, energy, and communication systems critical for regional integration and economic growth. To address this, Standard Bank Group affiliates—Stanbic Bank Kenya, Stanbic Bank Uganda, and Stanbic Bank Tanzania—recently convened the 2025 East Africa Institutional Investors Forum in Arusha, Tanzania,…
Stanbic Bank Uganda has announced the launch of a three-month nationwide campaign to boost its innovative digital payments platform, FlexiPay. The campaign dubbed the “Flexipay Cashback Explosion” kicked off at the offices of Boda Boda Banja, one of the bank’s key merchant partners in Kampala, with the goal of revolutionizing everyday transactions and accelerating digital…
In a move to accelerate Uganda’s transition from subsistence agriculture to a modern, industrialized agro-economy, Stanbic Bank Uganda, in partnership with the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), hosted the inaugural Consumer Convention 2025 in Kampala. The high-level forum attracted stakeholders from government, agribusiness, financial services, and the development community to discuss scalable…
Stanbic Bank Uganda has donated essential medical equipment valued at Shs 25 million to Mpugwe Health Center III in Masaka. The donation includes three delivery beds, two oxygen concentrators, and 100 Mama Kits, all identified as critical by the facility’s administration to enhance maternal and emergency care. The handover ceremony was led by Stanbic Bank…
Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the largest commercial bank in terms of assets, revenue, and deposits. His appointment was first announced in December of last year. “I am delighted to join Stanbic Bank Uganda. With the support of my colleagues and stakeholders, this new role…
Parliament is looking into a proposal by the government to borrow $190 million (approx Shs 700bn) from Stanbic Bank to facilitate the buyout of Umeme Limited. The proposal was tabled by Henry Musasizi, the minister of state for Finance. The matter was pushed to the Committee on National Economy for review. Umeme started the process…
Stanbic Bank Uganda has unveiled a new campaign dubbed Kiri SupaDupa which aims at breaking barriers to access to finance for newly employed individuals, especially the youth. According to the African Development Bank (AfDB) young people face numerous institutional barriers when sourcing funding for their personal or commercial ventures with lack of collateral, limited credit…
