Output and new orders contract Input costs rise amid higher purchase prices and wage bills Firms remain confident in the outlook as employment grows
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Banking & SavingsFinanceLatest NewsNews
Stanbic Bank Names Sam Mwogeza as Interim Chief Executive & Barbara Dokoria as Executive Director
Stanbic Bank Uganda has announced the appointment of Samuel F Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024 until substantive appointments …
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Customer Deposits grew to Ushs 6.3 trillion from Shs 6.1 trillion Total Assets grew to Ushs 9.3 trillion from UShs 9.1 trillion Net loans and advances grew to Ushs 4.2 …
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Banking & SavingsFinanceLatest NewsNews
Private Sector Output Continues Growth for Nineteenth Consecutive Month
The private sector has sustained its upward trajectory for the nineteenth consecutive month, as reported by the Stanbic Purchasing Managers’ Index (PMI). Despite a slight dip in activity recorded in …
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Banking & SavingsLatest NewsNewsRegional News
Standard Bank Group Appoints Anne Juuko to Lead Global Markets in East Africa
The Standard Bank Group has announced the appointment of Anne Juuko, the Chief Executive of Stanbic Bank Uganda, to a new leadership role as Global Markets Regional Head-East Africa, effective …
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Banking & SavingsFinanceLatest NewsNews
How Safe Is Your Money If Your Bank Or Telecom Company Closed?
The closure of Teefe Bank, Greenland Bank, and Crane Bank had a significant impact on the Ugandan banking sector. They led to a loss of confidence in the banking sector …
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