Prison Officers and their spouses will get free financial literacy courtesy of Stanbic Bank Uganda. This transformative training lunched on Wednesday is aimed towards enhancing their personal economic progress. The programme follows discussions between Johnson Byabashaijja, the Commissioner General of Uganda Prisons and Anne Juuko, the Stanbic Chief Executive. Israel Arinaitwe, the Head of Private…
Stanbic Uganda Holdings Limited (SUHL) has recorded a 4.7% growth in profit-after-tax for the first six months to June.30 to Shs162billion. This comes amidst an unpredictable operating environment characterized by global price instability and a tightening of monetary policies. SUHL Chief Executive, Andrew Mashanda said the company’s performance was driven largely by our anchor subsidiary,…
The Ministry of Finance, Planning and Economic Development Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi, has advised members of the Public Relations Association of Uganda (PRAU) to always have a constant relationship with the media as a way of building the public relations of their organizations. Speaking during the first National Public Relations…
Stanbic Bank Uganda is joining the rest of the world to celebrate the International Customer Service week through its new campaign dubbed ‘L.O.V.E.’ The International Customer Service Week is an avenue through which brands outdo themselves to give their customers a special treat in appreciation of their loyalty. The week’s celebrations started on Oct.04 and…
The recent mishap in the on-line Banking software have raised more questions than answers regarding the true ownership of the banking software. The banks especially Stanbic and dfcu experienced issues in the agency/mobile banking whereby those who had taken loans using their mobile banking app and paid using the same platform found themselves maintained as…
The Uganda Police have arrested two suspects in connection with the cyber attack on the country’s two leading telecom companies and banks over the weekend. The two suspects are attached to Pegasus Technologies, a company that provides financial and billing solutions for various companies in Uganda. The suspects were arrested on Wednesday by the Criminal…
“With the advancement of information technology will come more sophisticated crime”. This and other related statements are commonly used by even those who advance the need for a digitally-led society. This, therefore, means that the advancement in IT is a necessary evil, which will always be taken advantage of by cyber-fraud, robbery or kidnap and…
Several officials at Stanbic Bank are in deep trouble after it emerged that they illegally sold property that had been staked at collateral security by their clients for a Shs1 Billion loan. A complaint seen by this website, drawn by Beatrice Odongo, the director of Macdowel Uganda Ltd, a real estate company, indicate that Stanbic…
