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Stanbic Bank Uganda IPO November 24th to December 22nd 2006

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Stanbic Bank (U) Ltd opened the initial public offer (IPO) to sell 20% of its shares to the public on Friday 24th November 2006. The IPO will be close on December 22nd 2006 and shares are expected to begin trading on the Uganda Securities Exchange about January 25th 2007. The IPO share price has been set at Shs 70 and the Bank hopes to raise Shs 70b from the IPO. Stanbic Bank has been the most profitable bank in Uganda in the recent past. The bank has also successfully managed the integration of its business with the former Uganda Commercial Bank Ltd (UCBL) which it acquired during a re-privatization process. To down load the IPO prospectus and application form please click here http://www.stanbicbankipo.com/downloads.html If you need to talk to a broker then mail peterm@renaissance.co.ug or info@mbea.net
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From the teacher's heart by Joy Mirembe Abola

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I have been working with young people in what we call “The Money Headstart” course for over 3 years. This was an endeavour that I took on quite reluctantly because sometime I really was not convinced there was much impact on the children. A number of incidents however made me change my mind and have seen me take this noble activity to another level. I met a mother who commented that whatever I had instilled in her daughter was incomparable and that even at high school her daughter was not the same person. She was not only responsible but very industrious with regard to money. Then I met a father whose twins had only been in my care for a few weeks. He told me his boy and girl now put him to task to be more accountable for the family resources something he found very useful though challenging at the same time. The cream on the cake was when I observed my 5year old boy hanging onto every word his dear teacher said. At that point I realized that as the adult and mentor for these young...
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Welcome to James Abola's Money Blog

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Hi Welcome to this blog. I am James Abola a financial consultant based in Kampala Uganda. This blog contains some of the thoughts and articles that I share to help people to grow their money and businesses. You can also read my articles in the Sunday Monitor on the Money Matters page - www.monitor.co.ug . If you need my services send me a line on jhabola@yahoo.com Have a great reading
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