Patrick Mweheire, the Stanbic Bank Uganda, Chief Executive Officer will be leaving his job for a yet to be named regional role within the Standard Bank Group, when his contract…
The Stanbic Purchase Manager’s Index (PMI) for September shows that the private sector activity remained in the growth territory at the end of the third quarter of 2019. The survey,…
By Milly Kyolaba A critical period in the year for every parent is Back to School season. For any parent especially those with more than one child, the thought of…
Stanbic Bank Uganda, yesterday, August 09th, 2019 awarded 548 entrepreneurs from 122 Small and Medium Enterprises (SMEs) certificates, for having completed business training and courses at the Business incubator. This…
Stanbic Bank, Uganda’s largest bank by assets, lending, deposits and profits, today released their H1 2019 results, signaling what should turn out to be yet another strong year. In results…
The insurance industry in Uganda underwrote UGX856 billion (USD227.8 million) in 2018- that is UGX73.60 billion (USD19.6 million) more than the Shs782.4 billion (208.2 million) underwritten in 2017. This is…
Yes, they are all men. They are powerful. They run 8 of Uganda’s largest banks and they are paid handsomely too. The 8 CEOs are each paid on average a…
43 Managing Directors and Executive Directors of 23 of Uganda’s 24 banks, earned an average of UGX61 million or a combined UGX2.6 billion per month. This adds up to a total of UGX31.5 billion a year, according to painstaking research by CEO East Africa Magazine. Also read: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/ According to the research, Barclays Bank’s CEO Rakesh Jha is the highest…
