Kampala, Uganda | PHILLIP CORRY | Vincent Katutsi and Anne Abeja were crowned Absa Captain’s Bell tournament winners at the par 72, Kitante course on Saturday. Katutsi, carded 66 nett to beat a strong field of 200 golfers and claim the overall Men’s title. Abeja, was in blistering form …
Read More »Absa Uganda partner with Kampala Hash House Harriers for the Absa KH3 – 7 Hills Run
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda and the Kampala Hash House Harriers have partnered to present the Absa KH3 – 7 Hills Run a 21km run spanning the seven iconic hills in Kampala. This initiative is intended to support a significant social cause; keeping the girl-child in …
Read More »Rachel Rwakatungu joints Absa Bank Uganda as new Credit Director
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda Ltd has announced the appointment of Rachel Rwakatungu (above) as the new Credit Director of the bank. Rwakatungu is a seasoned banker with a wealth of experience in the banking and financial services industry, business, and regulatory risk. She brings significant …
Read More »Captain’s Bell receives Sh133m sponsorship from Absa Bank Uganda
Kampala, Uganda | PHILLIP CORRY | The Captain’s Bell golf tournament held annually at the Uganda Golf Club, has received a major boost by ABSA Bank, who have offered the event sh133 million. The tournament tees off on May 20, at the par 72 Kitante course. “The Captain’s Bell tournament …
Read More »Absa Bank Uganda reports 28.9% growth in profit after tax to UGX141 billion
Summary Growth in revenue by UGX46bn. UGX141 billion in profit after tax, maintaining triple digit profit for the second year running. 8% growth in net customer loans standing at UGX1.567 trillion. 94% drop in impairment, indicating an improvement in the construct of the loan book. 4% growth in customer deposits …
Read More »Absa Bank Uganda donates IT equipment worth Shs40million to Kabalye Police Training School
Kampala, Uganda | INDEPENDENT REPORTER | Absa Bank Uganda has continued its commitment to support the resourcing of the Police Training School in Kabalye by handing over additional 17 computers and a projector worth Shs 44 million. The equipment was received by the Commandant of the School, the Assistant Commissioner of …
Read More »Absa Bank treats Muslims to iftar dinner, staff donate Shs40m foodstuffs to mosques
Kampala, Uganda | INDEPENDENT REPORTER | Absa Bank Uganda on Thursday treated its Muslim customers and partners who are observing the holy month of Ramadan to an iftar dinner held at Kampala Serena Hotel. The annual observance of Ramadan is one of the five pillars of Islam. Absa Muslim staff donated …
Read More »MAK 100 YEARS: Absa Bank Uganda plants 300 trees in Kabanyolo
Kampala, Uganda | THE INDEPENDENT | Staff from Absa Bank Uganda have planted 300 trees and adopted 100 indigenous trees at the Makerere University School of Forestry, Environmental and Geographical Sciences Botanical Garden. The new Botanical Garden is found at Makerere University Agricultural Research Institute Kabanyolo, as part of the …
Read More »Absa Group announces Net Zero targets as part of sustainability goals
Johannesburg, South Africa | THE INDEPENDENT | Absa’s leading role in sustainable financing supports move towards zero emissions as the Group makes significant strides in meeting renewable energy loan targets Absa Group, Africa’s largest funder of renewables, announced today its long-term ambition to reach Net Zero state by 2050 for …
Read More »Absa Uganda and Enterprise Uganda partner to upskill SMEs
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda and Enterprise Uganda signed a Memorandum of Understanding that will see the two organisations partner to offer Micro, Small and Medium-size Enterprises (MSMEs) business development services and upskilling in financial literacy in 9 districts across Uganda. Beginning on 3 April …
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