Tag Archives: Absa

An estimated five million smallholder farmers rely on the industry for jobs and livelihoods in the region Kampala, Uganda | THE INDEPENDENT | The International Finance Corporation, a member of the World Bank Group, has partnered with Absa Group Limited, a South African-based bank intends to extend US$60 million commodity trade …

Kampala, Uganda | THE INDEPENDENT |  The 6th Absa sponsored Captain’s Bell Tournament was held over the weekend ushering in Paul Charles Rukundo as Captain and Jerry Owachi Vice Captain respectively. Over 220 golfers convened in the professional and amateur categories for a thrilling 19-hole experience at Uganda Golf Club, Kitante located on John …

Kampala, Uganda | THE INDEPENDENT | Uganda’s top golfers will be eyeing an opportunity to compete at international level by shining at this week’s Captain’s Bell Tournament that climaxes on May 18 2024 at the Uganda Golf Club, Kitante. On top of several awards, including sh20m prize money for the professionals, top …

Kampala, Uganda | THE INDEPENDENT |  Absa Bank Uganda has announced a sh152 million sponsorship package for the 2024 edition of the Captain’s Bell Tournament that is scheduled for 18 May 2024 at the Uganda Golf Club, Kitante. This the annual tournament where the new Captain hosts the club members …

  • Growth in revenue by Sh64bn • Sh146 billion in profit after tax • 12.9% growth in net customer loans standing at Sh1.76 trillion • 16.3% growth in customer deposits to Sh2.45 trillion Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has reported a growth in revenue by Sh64 …

Documentary products such as guarantees, letters of credit and supply chain finance are the “core solutions that the lender expect to see continued demand for” from Chinese corporates ANALYSIS | FELIX THOMPSON | Pan-African lender Absa Bank is anticipating a significant rise in trade finance revenues on goods flows linking China …

Johannesburg, South Africa | THE INDEPENDENT | Absa on Monday launched its repositioned brand to the market signalling a shift to being a more deliberately customer-centric business with the new brand promise of ‘Your Story Matters’. According to Arrie Rautenbach, Group CEO of Absa, the bank has set a clear trajectory …

Kampala, Uganda [21 February 2024] | Absa Bank Uganda has been recognised as the Best Corporate Social Responsibility (CSR) Bank in Uganda and the Best Bank for Sustainable Development Uganda in the 2024 Global Banking & Finance Awards. The bank was recognised for its Environmental, Social and Governance (ESG) focused …

Kampala, Uganda | THE INDEPENDENT  | The 10 golfers from Uganda who will be taking part in the Pro-Am event of the 2024 Magical Kenya Open have been flagged off during a ceremony at Absa Bank Uganda. Absa is sponsoring the entire contingent’s participation in the prestigious tournament – happening …

Johannesburg, South Africa | THE INDEPENDENT |  Absa Group has announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is now open, with the official launch event in Beijing, scheduled for 8 May 2024. At a …