Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has named Mumba Kenneth Kalifungwa as its new Chief Executive Officer, effective March 1, 2025, following regulatory approvals. Mumba, who succeeds Anne Juuko, brings nearly 30 years of professional experience, including over 20 years in senior roles across the banking sector in …
Read More »Absa partner with Rotary and My Tree Initiative to plant trees in schools
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda, Rotary Uganda and My Tree Initiative Organization, have launched a schools greening programme aimed at engaging 90,000 students in planting and nurturing 120,000 trees across 183 primary schools. Under the theme “Sustainable Growing of 120,000 Trees in Primary Schools”, this Programme aims …
Read More »Absa Bank Uganda, My Tree Initiative to engage 80,000 students in environment conservation drive
Kampala, Uganda [08 August 2023] | Absa Bank Uganda and My Tree Initiative have partnered for an environmental conservation initiative that will engage up to 80,000 students from 160 primary and secondary schools to ensure the survival and growth of 160,000 trees. The campaign will entail engaging school staff, students, …
Read More »New budget presents us with challenges and opportunities, says Absa Uganda MD
Kampala, Uganda | THE INDEPENDENT | The FY2023/24 budget presents both challenges and opportunities but through open and constructive engagements, Ugandans can navigate through these times effectively, according to Mumba Kalifungwa, the Managing Directro for Absa Bank Uganda. Kalifungwa was speaking at a budget breakfast meeting held in Kampala on …
Read More »HR practitioners urged to invest in upskilling people
Kampala, Uganda | THE INDEPENDENT | HR practitioners in Uganda have been urged to constantly invest in upskilling themselves and their workforces to prepare their organisations for the future of work. While giving the keynote address during the annual ‘Heads of HR Beginning of Year Cocktail’ held at the Kampala …
Read More »Absa Uganda shows top bank status with sh110 billion profit
Kampala, Uganda | THE INDEPENDENT | Absa Bank has reinforced its position as one of the leading banks in Uganda after a record year that saw them hit a profit mark of over sh100billion for the first time. Absa Uganda financial results for the year ending December 2021 released on Monday …
Read More »SMEs complete business survival, recovery and continuity training
Kampala, Uganda | THE INDEPENDENT | A total of 60 decision-makers from 46 Small and Medium-sized Enterprises have graduated from the pandemic-response online Business Continuity and Survival Training that was organized by the Employment and Skills for Development in Africa Programme (E4D) in September 2020. The E4D programme is commissioned by …
Read More »Absa Bank Uganda boss calls for purpose-driven innovations to enhance equitable service delivery
Kampala, Uganda | THE INDEPENDENT | The Managing Director of Absa Bank Uganda, Mumba Kalifungwa has called for creativity of purpose driven innovations to enhance equitable service delivery for sustainable growth in the banking sector. Mumba said this at the recently held 12th Edition of the Annual CEO Forum 2021, held …
Read More »Absa Bank injects Shs230m in supply of medical oxygen to regional referral hospitals
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has announced a donation to the tune of Shs230 million to provide 6,528,000 litres of medical oxygen to four regional referral hospitals. The donation will boost the capacity of the medical facilities to meet the high requirement for oxygen therapy by COVID-19 …
Read More »Absa Uganda points of sale to serve MTN MoMoPay clients
Kampala, Uganda | THE INDEPENDENT | On July 07, Absa Bank Uganda and MTN Mobile Money Uganda Limited announced the introduction of mobile money payment functionality, also known as MTN MoMoPay on Absa Point of Sale (POS) machines/terminals. The service is open to all MTN Uganda mobile money account holders. Absa’s …
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