Meet the 8 Finalists of the Stanbic Nationals Championship 10th Edition Kampala, Uganda | THE INDEPENDENT | Eight outstanding schools from across Uganda are already gearing up for the grand finale of the Stanbic National Schools Championship (NSC) 2025, known as the “Battle of Champions,” which is set for 29th …
Read More »Stanbic to facilitate Quality Chemicals’ construction of second factory
Kampala, Uganda | THE INDEPENDENT | Quality Chemical Industries Limited (Qcil) is set to construct a second factory after it secured financing from Stanbic Bank. Qcil, Uganda’s leading manufacture of essential drugs like HIV antiretroviral pills and antimalarials, secured the $36 million (sh133 Billion ) debt facility from Stanbic Bank …
Read More »Education Ministry to Partner with Stanbic Bank to boost TVET education
Kampala, Uganda | THE INDEPENDENT | The Ministry of Education and Sports is set to collaborate with Stanbic Bank Uganda to boost Technical and Vocational Education and Training (TVET). The partnership was announced by the Permanent Secretary, Kedrice Turyagyenda while launching the tenth edition of the Stanbic Bank Schools Championship. According …
Read More »The 2025 Stanbic Match Play Challenge starts in Entebbe
Defending champions Koowe and Kisembo to miss event this year Round 1: March 8, 2025 (Completed) Round 2: April 12, 2025 Round 3: May 10, 2025 Quarterfinals: June 14, 2025 Semifinals: July 12, 2025 Grand finale: August 2, 2025 GOLF | Phillip Corry | The first round of the Stanbic …
Read More »Stanbic Bank Uganda welcomes new CEO Mumba Kalifungwa
Kampala, Uganda | JULIUS BUSINGE | Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits, the lender said in a statement issued today – March 3. His appointment was first announced in December of …
Read More »Stanbic Match Play Challenge returns for third season
Kampala, Uganda | THE INDEPENDENT | The Stanbic Match Play Challenge is set to return for its third edition, following the success of the 2024 tournament. The competition, which saw the first-ever all-female champions Lillian Koowe and Joyce Kisembo win return tickets to Dubai, will tee off on February 8 at …
Read More »Private sector optimism soars as Stanbic PMI hits 55.7
Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector remains resilient with the Stanbic Purchasing Managers’ Index (PMI) for November climbing to 55.7, up from 52.9 in October. This marks the eighth consecutive month of expansion, as readings above 50.0 signify positive business conditions. Christopher Legilisho, Economist at Stanbic Bank, described …
Read More »Mumba Kalifungwa: From Absa to Stanbic
Kampala, Uganda | THE INDEPENDENT | Mumba Kenneth Kalifungwa, a seasoned Zambian accountant and corporate executive is poised for the top job at Stanbic Bank Uganda. Currently Managing Director at Absa Bank Uganda, Kalifungwa has been successfully vetted and will be the Chief Executive of Uganda’s largest bank by assets …
Read More »NSSF, Stanbic, PostBank & FINCA shine at 2024 FiRe Awards
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) emerged as the Gold Award winner at the 2024 Financial Reporting (FiRe) Awards, scooping four prestigious accolades, including the overall Gold Award for Excellence in Integrated Reporting. The other accolades received included the recognition for the Best Sustainability Reporting …
Read More »STANBIC PMI: Businesses did well in September
Kampala, Uganda | THE INDEPENDENT | 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 54.2 compared to the 56.3 posted in August. The threshold for a positive business outlook …
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