Tag Archives: Absa

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has appointed David Wandera as Managing Director following the necessary regulatory approval from the Bank of Uganda. David is an accomplished banker with over 20 years of diverse experience in business leadership, financial management, strategy and stakeholder engagement. Prior to this appointment, …

Kampala, Uganda [April 16, 2025 | Absa Bank Uganda has appointed Henry Tumusiime as the new Human Capital Director, effective 16 April 2025. With experience of over 18 years in organizational leadership and development, human resource management and cultural transformation, Henry joins Absa Bank Uganda from Abacus Pharma (Africa) Limited, …

Financial results for the year ended December 31, 2024 show revenue climbs 15% to sh546 billion Highlights of Absa Bank Uganda 2024 Performance  Profit After Tax: Increased by 22%, to UGX 178 billion.  Revenue: A growth of 15.1%, driven by growth in customers, transactional activity, and credit support.  Customer Loans: …

Kampala, Uganda | THE INDEPENDENT | Absa Uganda’s Board of Directors picked Keith Kalyegira as the new Chairman of the Board, effective 1 March 2025. Keith is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has appointed Moses Rutahigwa as Retail and Business Banking Director, effective 02 May 2025. With 17 years of extensive experience in the banking sector, Rutahigwa joins Absa from Standard Chartered Bank Botswana, where he served as Head of Wealth and Retail …

Brian Adams Ategeka finished first at 01:24:32, while Evas Nasasira also posted a record-breaking time of 02:06:02 Adams, the overall fastest elite runner walked away with a Land Title Kampala, Uganda | THE INDEPENDENT  | The 2025 edition of the Absa KH3 7 Hills Run witnessed another impressive …

  Kampala, Uganda | THE INDEPENDENT |  The top finishers of the 2025 Absa KH3-7 Hills Run will receive fully paid trips to South Africa, thanks to a new partnership between Uganda Airlines and Absa Bank. The winners from this year’s Run will join the top four winners from last …

  COMMENT | Dean Hack &  Chetan Jeeva |The world is rewriting its rulebook. It’s no longer just about what you produce but how you produce it. For resource-rich regions like Africa, the implications are profound: the value of its vast reserves of critical minerals is now tied not only …

However, the country’s financial sector remains relatively illiquid and lacks the product diversity seen in more advanced markets such as South Africa and Mauritius Kampala, Uganda | JULIUS BUSINGE | Uganda has maintained its position as one of Africa’s top financial markets, ranking fourth in the 2024 Absa Africa Financial Markets …

Kampala, Uganda | THE INDEPENDENT | Mumba Kenneth Kalifungwa, a seasoned Zambian accountant and corporate executive is poised for the top job at Stanbic Bank Uganda. Currently Managing Director at Absa Bank Uganda, Kalifungwa has been successfully vetted and will be the Chief Executive of Uganda’s largest bank by assets …