Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda Limited, in partnership with the Global Influence Club recently held its annual Women in Business Forum running under the theme ‘Breaking Barriers to Trade 2023’ in Kampala. The event brought together several women entrepreneurs and an opportunity to network as …
Read More »Mulago, Stanbic move to aid busy working-class individuals
Kampala, Uganda | THE INDEPENDENT | The Uganda Cancer Institute will introduce a ‘Cancer screening programme for corporate individuals who find it difficult to spare time for regular health checks. Mulago’s pledge for the new initiative follows engagements during last week’s International Breast Cancer Awareness Day, with Stanbic Bank …
Read More »Stanbic’s PMI: September sees an increase in employment
Kampala, Uganda | THE INDEPENDENT | During September, Uganda’s private sector saw an increase in employment and purchasing activity as demand conditions remained favorable, resulting from the continued growth of new orders and enhanced business activity. The monthly headline Stanbic Purchasing Managers Index (PMI) rose to 52.9 in September, up from …
Read More »UN women, Stanbic fight to reduce 200 year road to gender equality
Kampala, Uganda | THE INDEPENDENT | A recent survey by different organizations has revealed that it will take between 140 to 300 years to achieve gender equality in the world, while the UN Women-commissioned report recently revealed 200 years. This is based on the current level of efforts towards gender parity …
Read More »Over 2000 entrepreneurs graduate from the GIZ E4D, Stanbic incubator training
Kampala, Uganda | THE INDEPENDENT | Over 2000 entrepreneurs that participated in various training modules in the Stanbic Accelerator Program, Enterprise Development Program, Micro Enterprise Development Program and Supplier Development Program; to equip them with relevant business skills at the Stanbic Business Incubator Limited (SBIL) between January 2022 and April …
Read More »Baker Magunda new board chairman of Stanbic
Kampala, Uganda | THE INDEPENDENT | Veteran marketeer and corporate manager, Baker Magunda is the new Chairperson of the Board of Directors at Stanbic Uganda Holdings Ltd, the parent company of Stanbic Bank. Magunda, whose tenure began on June 2, 2023, replaced Japheth Katto who chaired the board since 2018. “In …
Read More »Stanbic unveils loan product for Busoga Sugarcane farmers
Kampala, Uganda | THE INDEPENDENT | Sugarcane farmers in Busoga can now access up to Shs100 million in unsecured farmer loans repayable within two years at an interest rate of 2% per month courtesy of a new partnership between Stanbic Bank, Kakira sugar works, and Busoga Sugarcane Growers Association. Dubbed the …
Read More »Private sector output in continued expansion as PMI crosses 55.0 reading
Kampala, Uganda | THE INDEPENDENT | The start of the second quarter of 2023 saw a rise in employment as Uganda’s private sector recorded increased output and new orders with the headline Stanbic Purchasing Managers Index (PMI) rising to 55.4 in April, up from 53.2 in March. For the sixth successive …
Read More »Stanbic Incubator calls for new applicants
Kampala, Uganda | THE INDEPENDENT | The Stanbic Business Incubator Limited (SBIL), a subsidiary of Stanbic Uganda Holdings Limited (SUHL), is inviting entrepreneurs to register and benefit from enhanced training under their Enterprise Development Program (EDP). SBIL Chief Executive, Tony Otoa, the said the invitation for this specialised training is open …
Read More »Stanbic’s latest PMI shows no job growth
Kampala, Uganda | THE INDEPENDENT | The first quarter of the year ended with a largely positive outlook as strengthening customer demand continued to drive improvements in business conditions in the Ugandan private sector, according to the Stanbic Purchase Managers Index for the month of March, released today. The headline PMI …
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