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    Ugandan Banks Post Record UGX 1.9 Trillion Profit as Customer Deposits Surge to UGX 41.6 Trillion-BoU Report

    Paul MurungiBanking & InsuranceThe Big StoryOctober 13, 2025October 13, 2025

    Uganda’s banking sector has cemented its recovery and resilience, posting a record UGX 1.9 trillion net profit for the year ended June 2025.  This was a nearly an increase of…

    Stanbic Bank Kenya’s Q1 Profit Drops by 16% on Lower Forex Income

    Paul MurungiAfricaNews & AnalysisThe Big StoryMay 12, 2025May 12, 2025

    Stanbic Bank Kenya, a subsidiary of Stanbic Holdings Plc, reported a 16.6% decline in net profit for the first quarter ended March 2025, largely attributed to a sharp drop in…

    Stanbic’s Net Profit Touches a Record UGX 478Bn: 10 Facts and Figures That Explain This Record Performance

    Paul MurungiBanking & InsuranceEast AfricaIndustry & AnalysisThe Big StoryMarch 24, 2025March 25, 2025

    Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,…

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    Latest Stories

    • The Tax Appeals Tribunal has upheld URA’s $100,000 penalty against TotalEnergies EP Uganda for delayed transfer-pricing disclosures, affirming enforceable audit deadlines. The decision signals tougher scrutiny for multinationals in the extractives sector as commercial oil production nears.
      TotalEnergies EP Hit With $100,000 Penalty Over Delayed Tax Audit Disclosures in Uganda
      by CEO East Africa Magazine
      December 22, 2025
    • Powering the Nation: Beyond Blame, Toward ESG-Driven Electricity Governance in Uganda
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      by CEO East Africa Magazine
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    • Bernice Kamahunde Mvano, Stanbic Bank’s Head of Wealth and Investment, says building generational wealth starts with clear goals, disciplined planning, and diversification, backed by a trusted partner guiding clients through every stage.
      Diversify to Grow: Stanbic Bank’s Bernice Kamahunde Mvano on Building and Protecting Generational Wealth
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