Stanbic Uganda leadership pose for a group photo with senior Muslim leaders at Sheraton Hotel in Kampala Stanbic Uganda Holdings Limited (SUHL) Chief Executive Francis Karuhanga has pledged to amplify support for Muslim led businesses and retail clients based on Islamic financing models in tandem with their religion. “As Stanbic,
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Muslims enjoying Iftar dinner hosted by UCAA Uganda Civil Aviation Authority (UCAA) Wednesday evening hosted the Muslim community to a colourful inaugural Iftar dinner. The dinner which took place at UCAA Head office on Wednesday, April 3 was presided over by the Third Deputy Prime Minister, Lukia Nakadama. The inaugural
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Former Stanbic Uganda CEOs Patrick Mweheire and Anne Juuko reunite at SBG East Africa in Nairobi Members of Parliament have caused a debate on how much of the country's corporate sector should be headed by foreign managers, and whether this is really relevant. The Ugandan Parliament on Tuesday drew mixed
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URA staff receives the award from Katikkiro Charles Peter Mayiga Uganda Revenue Authority was recently recognized as the best exhibitor in the government agencies category at the recently concluded CBS PEWOSA trade fair. The award was handed over by Buganda Kingdom Katikkiro, Charles Peter Mayiga, who commended the revenue body for
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Charles M. Mudiwa, the Chief Executive Officer, dfcu Bank dfcu bank has announced its audited financial results for the year ended 31st December 2023, indicating a growth in customer numbers, transaction volumes, fees and commissions. The results show that dfcu bank recorded a net profit of Shs34.03bn in 2023, up from Shs30.64bn
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The Minister of Finance, Matia Kasaija will read the budget before Parliament in June The Ministry of Finance, Planning and Economic Development has issued a raft of measures it plans to use to raise more taxes next financial year, if approved by parliament. The proposals in the new tax amendment
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Nathan Nandala Mafabi, the BCU board chairman The Nathan Nandala Mafabi-led Bugisu Cooperative Union (BCU) has clinched another four-year term in office. The board was returned unopposed during the Union annual general meeting held Tuesday at the BCU headquarters. The other members are John Musila, who was returned as Vice
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The Commercial Court Building in Kampala The High Court Commercial Division in Kampala has ruled in favor of tea nursery operators from ten districts, ordering the government to compensate them with more than Shillings 60 billion for their tea seedlings. This decision was handed down by Justice Harriet Grace Magala
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Deputy Speaker Thomas Tayebwa The Deputy Speaker of Uganda’s Parliament, Thomas Tayebwa has backed the move by Bank of Uganda after the Central Bank reportedly rejected the approval of a non-Ugandan as the Chief Executive Officer of Stanbic Bank Uganda, saying Uganda should join nations like Kenya and South Africa that ring fence such
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By Peninah Aheebwa The Oil and Gas sector in Uganda has progressed to the development phase with an expected total investment of US$ 20 billion before the production of the first oil due in 2025. This investment is being made mainly in developing infrastructure for producing petroleum from the discovered
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