Tony Otoa

Government inches closer to finalising oil refinery deal with Alpha MBM Investments 

by Paul MurungiThe Big StoryDecember 11, 2024December 11, 2024

Uganda’s Energy Ministry Permanent Secretary, Irene Batebe has, in an exclusive interview with the CEO Magazine, revealed that government is on course with Dubai- based Alpha MBM Investments to have…

UGANDA’S OIL & GAS INDUSTRY COMES OF AGE: Meet the 100 oil and gas leaders driving the race to our first oil

by Muhereza KyamuteteraIndustry & AnalysisLists & RankingsThe Big StoryAugust 16, 2024December 5, 2024

Since reaching FID in February 2022, Uganda has kicked off a massive oil drilling campaign with four oil rigs⏤ three of them at the TotalEnergies-operated USD4-5 billionTilenga Project in Buliisa…

Q&A: After an impactful 4 years at Stanbic Business Incubator; Tony Otoa makes a timely return to mainstream oil and gas at UNOC

by Muhereza KyamuteteraNews & AnalysisQ + AsThe Big StoryApril 15, 2024April 15, 2024

Otoa is now leaving Stanbic Business Incubator Ltd to take up a new Chief Corporate Affairs Officer role at the Uganda National Oil Company (UNOC)⏤ a wholly government of Uganda-owned…

Stanbic Business Incubator unveils new programs to enhance access to finance for SMEs

by Paul MurungiCompany NewsFinanceApril 12, 2024April 12, 2024

The Chief Executive of the Stanbic Uganda Holdings Limited (SUHL), Francis Karuhanga has officially flagged off  two innovative programs aimed at supporting businesses access finance, fostering economic growth within Uganda’s…

Stanbic Uganda Holdings net profits hit UGX412 billion on the back of innovative lending

by Muhereza KyamuteteraIndustry & AnalysisNews & AnalysisThe Big StoryMarch 25, 2024March 25, 2024

Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit after tax of UGX412 billion for the period ending…

Over 2000 entrepreneurs graduate from GIZ E4D, Stanbic Incubator training

by CEO ReporterCompany NewsNews & AnalysisJune 28, 2023June 28, 2023

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, have graduated. The training, meant…

Financial experts tip SMEs on business survival, development

by Nelson NambooleNews & AnalysisMay 26, 2022May 26, 2022

Financial experts have on Wednesday tipped Small and Medium Enterprises (SMEs) on entrepreneurship financing and investment post Covid-19 era. This was during the Prudential Knowledge Series, the first in 2022,…

700 SMEs awarded certificates in enterprise development

by CEO ReporterCompany NewsNews & AnalysisFebruary 15, 2022February 15, 2022

Stanbic Business Incubator Limited (SBIL) has awarded 700 Small and Medium Enterprises (SMEs) with certificates in enterprise development, this, after three months of training in financial literacy, business planning, contracts…

URSB, Stanbic Business Incubator to Support 500 SMEs Annually

by CEO ReporterCompany NewsNews & AnalysisOctober 2, 2021October 2, 2021

The Uganda Registration Services Bureau (URSB) and the Stanbic Business Incubator (SBIL) have signed a Memorandum of Understanding (MoU) which will see 500 micro, medium and small enterprises (MSMEs) trained…

Digital Connectivity and payments boost SME performance in Uganda

by CEO ReporterCompany NewsApril 19, 2021April 19, 2021

Internet connectivity and digital payments are driving the performance of Small Medium Enterprises (SMEs) in Uganda. This was revealed at an online thought-leadership forum hosted by Airtel Uganda under the…