The facility could serve as a model for other similar transactions on the continent Nairobi, Kenya | JOHN BASQUILL | Standard Chartered has agreed a US$100mn facility with British International Investment (BII) to extend trade finance across key sectors of the East African economy, with a focus on economic empowerment for women. …
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A three-year initiative to equip women-led start-ups with essential skills, financing, and networks to drive long-term impact. Kampala, Uganda | THE INDEPENDENT | Uganda’s entrepreneurial landscape is set to receive a significant skilling and financial boost following the launch of the Women in Tech Uganda Accelerator Program, an initiative of …
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KAMPALA, UGANDA | THE INDEPENDENT | Standard Chartered Bank has been fined 60 million Shillings for cancelling a loan facility it had already granted to a couple. In her ruling, Justice Patricia Mutesi of the High Court found that Standard Chartered Bank errored when it cancelled a mortgage facility it …
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Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda and Prudential Uganda have concluded a strategic partnership aimed at deepening access to financial services and providing long-term financial security solutions to customers. This collaboration marks a significant milestone in both organizations’ commitment to enhancing financial inclusion and delivering …
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Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda has seen a significant rise in profits, doubling from Shs 40billion to Shs 80billion for the year ended December 2023. On the other hand, Bank of Baroda experienced a 2.29% decline in profits to Shs 153billion due to increased expenditures. Similarly, …
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SHANGHAI | Xinhua | China’s economy is likely to keep expanding, and there is reason for strong confidence in its medium and long-term growth prospects, said Jose Vinals, chairman of Standard Chartered Group, in a recent interview with Xinhua. During his seventh visit to China in the last 13 months, …
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Kampala, Uganda | THE INDEPENDENT | Ugandans are now able to open, monitor and do their banking transactions in other countries, without having to fly out. This follows the launch of International Banking by Standard Chartered, in a move aimed at connecting their branches in more than 20 countries, including Uganda. …
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Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank employees, including those in Uganda, will now be entitled to a minimum of 20 weeks of parental leave benefit. Standard Chartered Group recently announced the rollout of enhanced global parental leave benefits that will also benefit its employees in Uganda, effective 1 …
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Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda in partnership with Challenges Worldwide, a Kampala-based business development consultancy, has launched the scale-up of the Youth to Work (Y2W) phase III programme worth Shs430 million. The hybrid event that had participants attend both physically and online, took place in Kampala and …
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Dubai, United Arab Emirates | THE INDEPENDENT | Standard Chartered Bank has reported its highest operating profit since 2015 in the Africa and Middle East region. It its financial results for the full year and fourth quarter ending 31 December 2021 released Thursday, Standard Chartered reported that operating profit grew to a …
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The Independent Uganda: You get the Truth we Pay the Price
