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Stanbic Bank

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Business News Roundup: The stories that made headlines in 2021

January Museveni renews Mutebile’s contract as Governor BoU President Yoweri Museveni renewed the contract of Bank of Uganda Governor Emmanuel Tumusiime Mutebile for another five years. The...

Umeme connects 125,000 new customers to national grid in 11 months

Power distributor Umeme connected 125,000 new customers to the grid in the 11 months to November 2021.This represents a 54% growth in new connections...

Dfcu Bank launches automated loan solution for its customers

dfcu Bank has launched an automated loan solution available to individual customers via the Bank’s online Banking Platform. The instant loan can be accessed...

Dr. Alex Mubiru named Acting Director General at ADB

The African Development Bank (ADB) Group has announced the appointment of Dr. Alex Mubiru as Acting Director General, Cabinet Office of the President, effective...

BoU maintains CBR rate at 6.5%

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) to meet the inflation target of 5 per cent in the medium...

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