But it must promote exports, manage debt and collect more tax Kampala, Uganda | JULIUS BUSINGE | The 2019 Absa Africa Financial Market Index Report for Uganda released on Jan.28 in Kampala has some good news. The index, which evaluates financial market development in 20 countries, shows that Uganda remains …
Read More »Absa will be ‘globally scalable’ with US presence
Absa Bank plans to scale up its business by opening offices across the world, including in New York to help US companies expand into Africa. | MADDY WHITE | The US representative office is expected to be operational by the end of the year. It follows Absa opening a London office …
Read More »Barclays Uganda re-brands, changes to Absa colours
Kampala, Uganda | THE INDEPENDENT | Barclays bank Uganda has started pulling down its old company branding, changing colors and name to Absa. The bank’s branch at Lugogo has already seen the blue color ditched and re-branded with maroon and red colors and name changed from Barclays to Absa. Robinah …
Read More »Kaizer Chiefs blunder gifts Mamelodi Sundowns victory
Johannesburg, South Africa | AFP | A disastrous mistake by Kaizer Chiefs goalkeeper Virgil Vries gifted Mamelodi Sundowns a 2-1 victory this weekend in a high-profile South African Premiership showdown. Namibian Vries came too far off his line and a seemingly aimless 81st-minute long pass from Lyle Lakay bounced over …
Read More »Barclays planned change of name to ABSA in Kenya challenged
Kampala, Uganda | THE INDEPENDENT | Barclays Bank of Kenya’s planned change of trade name to ABSA has run into strong headwinds after a local company went to court to stop the shift on grounds that it reserved and has been using the name for more than a decade, according to …
Read More »Why Barclays is re-branding as Absa
The South African bank to open offices in London and New York to serve clients seeking to invest in Africa Kampala,Uganda | ISAAC KHISA | Barclays Africa Group Limited (BAGL)plans to return to is former name, Absa, across its operations on the African continent. The bank’s executives said the move …
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