Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has treated several of its customers to an end-of-year cocktail evening at the Sheraton Kampala Gardens to appreciate them for continuing to do business with the bank. The outdoor evening was defined by lively social interactions and laughter, cocktails and entertainment …
Read More »Bankers urged to maintain ethics amid economic downturn
Kampala, Uganda | THE INDEPENDENT | Practitioners in the banking and financial services industry have been urged to maintain their ethics amid the current slowdown in economic activity, the Executive Director for Supervision at the Bank of Uganda – Dr Twinemanzi Tumubweine – has said. While addressing bankers during …
Read More »Absa Bank Uganda sponsors 10 for the 2023 Magical Kenya Golf Open
PRO AM – TOP RESULTS TUESDAY 1 Joshua Seale (Entebbe Club) – 67 2 Silver Opio (Entebbe Club) – 69 3 Robson Chinhoi (Royal Harare Golf Club) – 72 ✳ Team prizes 1. Motorolla five – 76 pts – sh3.5m 2. Uganda Golf Union – 75pts – sh2.5m 3. NBS …
Read More »Kenya’s Madoya back to defend Uganda Pro title, sh21m at stake
✳ Prize money – top 10 1st – Shs 21,000,000/= 2nd – Shs 14,000,000/= 3rd – Shs 8,460,000/= 4th – Shs. 6, 250,000/= 5th – Shs 5,000,000/= 6th – Shs 4,170,000/= 7th – Shs. 3,570,000/= 8th – Shs. 3,130,000/= 9th – Shs. 2,278,000/= 10th – Shs. 2,500,000/= ▶ Click FOR …
Read More »Absa Bank Uganda on Board for 2022 Uganda Golf Open
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has announced a sponsorship of over Shs200 million towards the Uganda Open Golf Championship 2022. The 5-event Uganda Open will take place at the Lake Victoria Serena Golf Resort and Spa from 01 – 29 October 2022 and is expected to attract …
Read More »Guy Kimbowa Lutaaya is new Chief Risk Officer at Absa Bank Uganda
Kampala, Uganda | THE INDEPENDENT | Guy Kimbowa Lutaaya has been appointed Chief Risk Officer (CRO) at Absa Bank Uganda Limited effective 1 October 2022. He is a seasoned finance professional and banker, with over 20 years of experience in finance and over 13 years of experience in banking. …
Read More »Absa partners with the Uganda Institute of Information and Communications Technology
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has partnered with the Uganda Institute of Information and Communication Technology (UICT) to provide ICT skills training to youth in vocational institutions around the country. The training is accredited by Amazon Web Services (AWS) following a partnership between AWS, a leading …
Read More »Absa Group 2022 interim earnings increase 27%
Absa Group operations demonstrating continued strong recovery Johannesburg, South Africa | THE INDEPENDENT | Absa Group headline earnings increased 27% to Rands 11 billion in the first half of the year as revenue increased, demonstrating a continued strong recovery from the global economic downturn in 2020. Absa reported solid pre-prevision …
Read More »BOU gives green light to more financial payment solutions
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BoU) has licensed two more financial solutions under the Sandbox regulatory framework, as it implements laws aimed at promoting financial inclusion and safety. A regulatory sandbox is a framework set up by a financial sector regulator to allow small-scale, live …
Read More »FLOODS: Absa Bank Uganda donates sh60 million to Uganda Red Cross
Absa Bank Uganda donates UGX. 60,000,000 to Uganda Red Cross to strengthen the disaster response capacities towards families affected by floods in Eastern Uganda Mbale, Uganda | THE INDEPENDENT | Absa Bank Uganda has today announced a donation worth Sh60 million to the Uganda Red Cross Society to cater for the …
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