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 …
Read More »Uganda retains fourth place in Absa Africa Financial Markets Index
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 …
Read More »Mumba Kalifungwa: From Absa to Stanbic
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 …
Read More »Absa Bank Uganda hails outgoing Board Chair Byarugaba, Board member Prof Nawangwe
Kampala, Uganda | THE INDEPENDENT | Outgoing Absa Bank Uganda Board Chairperson Nadine Byarugaba has been hailed for safely steering the bank during the unprecedented times of the COVID-19 pandemic that affected most sectors of Uganda’s economy. “It was through her strategic vision, business acumen, and commitment to excellence that …
Read More »Absa rewards customers
Kampala, Uganda | THE INDEPENDENT | On Nov.11 Absa Bank Uganda handed over cash prizes totaling Shs100 million to winners from the ongoing card usage campaign dubbed “UGX 200 million can change your story”. The 10 winners used their Absa debit or credit cards for at least five transactions from September …
Read More »Absa customers rewarded with cash prizes worth sh100 million for card usage
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has handed over cash prizes totaling sh100 million to winners from the ongoing card usage campaign dubbed “UGX 200 million can change your story”. The 10 winners used their Absa debit or credit cards for at least five transactions in the …
Read More »Absa partner with Rotary and My Tree Initiative to plant trees in schools
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda, Rotary Uganda and My Tree Initiative Organization, have launched a schools greening programme aimed at engaging 90,000 students in planting and nurturing 120,000 trees across 183 primary schools. Under the theme “Sustainable Growing of 120,000 Trees in Primary Schools”, this Programme aims …
Read More »Cheptegei Foundation to get sh50m as Absa Uganda hands over sh300m from Absa KH3 7 Hills Run
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has handed over sh300 million proceeds from the 2024 Absa 7 Hills Run, an annual charity event organised in partnership with the Kampala Hash House Harriers (KH3) to raise funds to keep the girl child in school. Research shows that an …
Read More »Absa Group concludes agreements with MIGA to advance pan African climate finance
Johannesburg, South Africa | THE INDEPENDENT | Absa Group Ltd, one of the largest diversified financial service providers in Africa, has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, freeing up additional financial capacity for investments in Pan-African climate finance projects. …
Read More »Absa eases access to convenient financing with credit cards
Kampala, Uganda | THE INDEPENDENT | In a bid to provide convenient financial services, Absa Bank Uganda is encouraging customers to sign up for the Absa credit cards which offer up to 50 interest free days. The bank has launched a new campaign named Everybody deserves a Bestie Kabisa, whose …
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