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Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv

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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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Thirsty Eagles circle scarred Vipers

Thirsty Eagles circle scarred Vipers

With their backs against the wall, sixt-time league winners Vipers face a do-or-die moment as they prepare for a crucial showdown with Baker Mbowa's rejuvenated Express on Thursday at St Mary's Stadium Kitende.  After a dismal 3-1 defeat to Nec on Sunday that left fans in disbelief, dr

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Abuja Mission crisis sparks queries on accountability

Abuja Mission crisis sparks queries on accountability

The Ugandan Mission in Abuja, Nigeria, is allegedly facing a financial crisis after its accounting officer, Mr Eriya Tusubira, was reportedly asked to return to Kampala. The Mission accuses Mr Tusubira of being absent from his post for more than six months and exhibiting unbecoming behav

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Koowe/ Kisembo and Kisadha/Mwami pairing advance to the Stanbic MatchPlay Challenge Finals

Koowe/ Kisembo and Kisadha/Mwami pairing advance to the Stanbic MatchPlay Challenge Finals

KAMPALA, Uganda – The semi-finals of the 2024 Stanbic MatchPlay Challenge, featuring four pairings, were held at the lakeside par-71 Entebbe Golf club over the weekend in ideal sunny conditions. Lillian Koowe and Joyce Kisembo’s fairytale run continued as they won their match 4/3. The tw

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Time Magazine Names Standard Bank Among World’s Best Companies

Time Magazine Names Standard Bank Among World’s Best Companies

Kampala, Uganda – Stanbic Uganda’s mother company—Standard Bank Group, which is also Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed media organisat

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Stanbic, UN Women commit to supporting more female-owned businesses in Uganda

Stanbic, UN Women commit to supporting more female-owned businesses in Uganda

As the world continues to celebrate the international women’s month, Stanbic Bank Uganda has re-echoed its commitment in supporting and empowering women led groups.This call was made during the annual Ring the Bell for gender equality conference at the Sheraton Hotel in Kampala.

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