Local financial companies are capitalising on the opportunities left by international banks exiting Africa yet continue to struggle with the gap between perceived and actual risks in the market. SPECIAL REPORT | BIRD AGENCY | In early 2022, UK-headquartered Standard Chartered Bank announced it was exiting five African countries and …
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Hoima, Uganda | THE INDEPENDENT | Absa Bank Uganda has joined Hostalite Limited to plant 50,000 indigenous tree species in Hoima City, in a campaign dubbed Green Hoima. The campaign aims at planting trees in 33 primary schools, 4 tertiary institutions and 7 secondary schools in Hoima City. Speaking at the …
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Kampala, Uganda | THE INDEPENDENT | The Johnnie Walker II team secured their tickets to next year’s Magical Kenya Open by winning the Absa Bank sponsored Pro-Am tournament at the par 72 Kitante course Tuesday. The team made up of Paul Habyarimana 43, Daniel Kalimuzo 33, Sammy Migunda 26 and …
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Kampala, Uganda | THE INDEPENDENT | In a bid to equip the financial sector with practical knowledge on ethical framework and conduct in daily operations, Absa Bank Uganda has conducted a one-day training for sector compliance experts. The event, officiated by the Bank of Uganda (BoU) Executive Director for …
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Kampala, Uganda | THE INDEPENDENT | In a bid to expand access to credit card services in Uganda, Absa Bank Uganda has launched two new credit card digital innovations named ‘Buy Now, Pay Later’ and ‘Credit Card-Initiated Payments’. ‘Buy Now Pay Later’ will enable customers to make payments off their credit …
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Johannesburg, South Africa | THE INDEPENDENT | Absa Group reported resilient results in an increasingly challenging operating environment during the first half of 2023. Headline earnings increased 2% to R11.2 billion from a high base a year earlier, as strong revenue growth of 16% offset 60% higher credit impairments. “With …
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Kampala, Uganda | THE INDEPENDENT | Absa Bank in partnership with UAP Old Mutual unveiled Absa Medical Insurance policy targeting self-employed and non-salaried individuals in the drive to increase access to health insurance. The policy that covers treatment for critical illness, inpatient, optical, dental, maternity, disability cover, funeral expenses, a wellness …
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Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has unveiled the Absa Mobi Tap functionality, which allows Micro, Small, and Medium-Sized Enterprises to use their smartphones as Point-of-Sale machines. The functionality was unveiled during a launch event held at the National Theatre and will enable small businesses to accept card-based …
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Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has today (July 19) unveiled the Absa Mobi Tap functionality, which allows Micro, Small, and Medium-Sized Enterprises to use their smartphones as Point-of-Sale machines. The functionality was unveiled during a launch event held at the National Theatre and will enable small …
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Kampala, Uganda | THE INDEPENDENT | Over 500 amateur runners have today participated in the Kampala – Jinja 79.76km Relay, organised by the Kampala Hash House Harriers and Absa Bank Uganda. The relay, which kicked off at the Kira Division Headquarters at 6: 30 am this morning, saw over 25 …
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The Independent Uganda: You get the Truth we Pay the Price