Kampala, Uganda | THE INDEPENDENT | In recognition of an uncertain economic environment, Absa Bank Uganda has announced special financing packages intended to help customers kick start the new year on a stronger footing. The enhanced financing offering targeting salaried individuals includes a 2-month repayment holiday upfront, 0% arrangement fees …
Read More »Teen mothers receive life skills from Absa Bank Uganda staff
Over 500 Teen Mothers & Women to receive Vocational Skills & Financial Literacy Training from Absa Bank Uganda Staff Wakiso, Uganda | THE INDEPENDENT | Staff from Absa Bank Uganda today embarked on a journey to skill over 500 teenage mothers and women from the Central, West Nile and Albertine …
Read More »Absa Bank Uganda donates IT equipment to Kabalye police training school
Masindi, Uganda | THE INDEPENDENT | Absa Bank Uganda has committed to donate IT equipment worth sh131 million to the Uganda Police Training School at Kabalye, Masindi. The donation will include 10 laptops, 60 desktops, a projector and internet connection for the school’s resource center The announcement was made by …
Read More »Absa Uganda and Prudential Uganda unveil affordable Life Insurance Policy for families
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda and Prudential Uganda have launched the Absa Family Protection Plan, a life insurance policy, designed to help families plan for the financial needs faced during the loss of a loved one who is either a member or immediate member of a family. …
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 »Rotary president recognises Absa bank for supporting Mengo hospital blood bank
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda is one of the entities that has been honoured for its contributions as one of the platinum partners in the development and sustainability of the Mengo Hospital Rotary Blood Bank. Shekar Mehta, president of Rotary International, presented the award to David Wandera, …
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 bank Uganda to mentor 30 SMEs
Kampala, Uganda | Julius Businge | A total of 30 small and medium enterprises are going to benefit from Absa Bank Uganda mentorship programme that will handle matters entrepreneurship and finance. The beneficiaries will be picked from 100 small and medium-sized enterprises that are set to benefit from a Business Continuity …
Read More »Banks see a positive outlook this New Year
Uganda’s economy is slowly opening up amidst coronavirus pandemic, rising hope for the banking industry’s quick recovery. The Independent’s Isaac Khisa caught up with the Absa Bank Uganda Managing Director, Mumba Kalifungwa, and shares the industry’s projected performance and the future outlook. What do you make of Uganda’s banking industry …
Read More »Absa Bank donates personal protection equipment to medical facilities
Kampala, Uganda | Julius Businge | Absa Bank Uganda has today donated personal protective equipment to four medical facilities to assist in the protection of frontline medical workers amid the COVID-19 pandemic. The equipment, valued at Shs 74 million was given to CURE Children’s Hospital of Uganda (Mbale), Baylor College of …
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