Stanbic

Baker Magunda appointed Stanbic Uganda Holdings Board Chairman

by Muhereza KyamuteteraCEOsIndustry & AnalysisProfilesThe Big StoryJune 8, 2023June 8, 2023

In accordance with Rule 36 of the Uganda Securities Exchange Listing Rules 2021, the Board of Directors (the “Board”) of Stanbic Uganda Holdings Limited (SUHL) has appointed Mr. Baker Magunda…

Fitch retains AAA rating for Stanbic Bank Uganda 

by CEO ReporterCompany NewsThe Big StoryApril 11, 2023April 11, 2023

Fitch, the international credit rating agency, has retained the Stanbic Bank Uganda’s National Rating at ‘AAA (uga)/Stable’, the highest possible on a national scale in its latest report issued last…

Stanbic Holdings rides on Stanbic Bank to post stellar 2022 performance

by Muhereza KyamuteteraFinanceIndustry & AnalysisThe Big StoryMarch 29, 2023March 29, 2023

Stanbic Holdings Uganda Limited has released its performance for 2022, reporting record-breaking growth across all parameters. SUHL is part of the Standard Bank Group, Africa’s largest Bank and is comprised…

Court gives MOGAS a temporary relief; suspends Stanbic’s takeover of the oil company’s business

by CEO ReporterCompany NewsNews & AnalysisThe Big StoryJanuary 26, 2022January 27, 2022

MOGAS is now free to do business for the next six months and conclude talks with a one Ola Energy Ltd which was willing to take over MOGAS and pay…

Equity markets register sharp decline in trading amid Covid-19

by Alphred Rhyman AgabaFinanceJuly 30, 2020

Trading in the second quarter of 2020 registered a tremendous decline as Uganda’s equity markets continued to feel the impact of the COVID-19 pandemic. “While the ultimate growth outcome is still uncertain, and…

Private Sector to strengthen road safety

by theceomaThe Big StoryFebruary 4, 2014February 4, 2014

Silvia Nyambura  Safeway Rightway Uganda Chapter  a nonprofit organization comprised of several players in the private sector and registered under the ministry of internal affairs has invested US$ 300,000 in…

2013 proving tricky for Stanbic

by theceomaThe Big StorySeptember 8, 2013January 8, 2014

By Mark Muhumuza  A spillover from 2012 is continuing to affect the performance of Uganda’s largest bank, Stanbic, after it posted a 1.7 percent  decline in net profits in the first…