Johannesburg, South Africa | THE INDEPENDENT | Absa Group has today reported strong normalised headline earnings of R21 billion ($1.15billion) for the 2022 financial year, an increase of 13% from the prior year and well above pre-COVID levels. The result, Absa Group said, was driven by significantly higher pre-provision …
Read More »Stanbic Uganda announces 2020 financial results
✳ Loans and advances grew by 27% from Sh2.8 trillion (2019) to Sh3.6 trillion (2020) ✳ Customer deposits increased by 16% from Sh4.7 trillion (2019) to Sh5.4 trillion (2020) ✳ Profit After Tax was Sh242 Billion (2020) down from Sh259 Billion (2019) largely due to the impact of Covid-19 Pandemic on client …
Read More »IGG launches 3rd Annual Report on corruption
By Aloysious Kasoma The office of the Inspector General of Government launched the third annual report on tracking corruption trends in Uganda using the Data Tracking Mechanism. The IGG, Irene Mulyagonja said that the Data Tracking Mechanism was initiated in 2009 as a strategy design to make an impact on …
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