Stanbic Bank
Stanbic Bank
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Stanbic Bank
Stanbic Bank

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Bamburi quits Ugandan market after completing sale of its shares in Hima Cement

Bamburi Cement has sold its remaining 1,335,600 ordinary shares in Uganda’s Hima Cement, marking its formal exit from the Ugandan market. According to a notice...

European Investment Bank, Housing Finance Bank partner to support private sector entities

EIB Global and the Housing Finance Bank (HFB) of Uganda have announced a partnership to avail €50 million investment to support private sector entities,...

Uganda’s remittances jump to Shs6 trillion-BoU

Uganda’s remittance inflows have significantly increased in the last 12 months the revelation was made by Michael Atingo-Ego, the Acting Governor of the Bank...

MTN sees marked growth in gross profit in 2023

Local telecoms giant MTN Uganda had good business in the year 2023. According to the company’s consolidated financial statements for the year, the company...

NSSF assets under management hits a record Shs20 trillion

The National Social Security Fund (NSSF), Uganda’s national savings scheme, has hit Shs20 trillion in Assets Under Management (AUM), one and a half years...

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