Tag Archives: Absa

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 …

  Kampala, Uganda  | THE INDEPENDENT | Over 2,500 runners took part in the maiden Absa KH3-7 Hills Run that was held on Sunday 28 April in partnership with the Kampala Hash House Harriers. The run featured 6km and 21km routes, starting from Kingdom Kampala on Nile Avenue and saw both …

  Kampala, Uganda | PHILLIP CORRY | Vincent Katutsi and Anne Abeja were crowned Absa Captain’s Bell tournament winners at the par 72, Kitante course on Saturday. Katutsi, carded 66 nett to beat a strong field of 200 golfers and claim the overall Men’s title. Abeja, was in blistering form …

Kampala, Uganda | THE INDEPENDENT |  Absa Bank Uganda and the Kampala Hash House Harriers have partnered to present the Absa KH3 – 7 Hills Run a 21km run spanning the seven iconic hills in Kampala. This initiative is intended to support a significant social cause; keeping the girl-child in …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda Ltd has announced the appointment of Rachel Rwakatungu (above) as the new Credit Director of the bank. Rwakatungu is a seasoned banker with a wealth of experience in the banking and financial services industry, business, and regulatory risk. She brings significant …

Kampala, Uganda | PHILLIP CORRY | The Captain’s Bell golf tournament held annually at the Uganda Golf Club, has received a major boost by ABSA Bank, who have offered the event sh133 million. The tournament tees off on May 20, at the par 72 Kitante course. “The Captain’s Bell tournament …

Summary Growth in revenue by UGX46bn. UGX141 billion in profit after tax, maintaining triple digit profit for the second year running. 8% growth in net customer loans standing at UGX1.567 trillion. 94% drop in impairment, indicating an improvement in the construct of the loan book. 4% growth in customer deposits …

Kampala, Uganda | INDEPENDENT REPORTER  | Absa Bank Uganda has continued its commitment to support the resourcing of the Police Training School in Kabalye by handing over additional 17 computers and a projector worth Shs 44 million. The equipment was received by the Commandant of the School, the Assistant Commissioner of …

Kampala, Uganda | INDEPENDENT REPORTER  | Absa Bank Uganda on Thursday treated its Muslim customers and partners who are observing the holy month of Ramadan to an iftar dinner held at Kampala Serena Hotel. The annual observance of Ramadan is one of the five pillars of Islam. Absa Muslim staff donated …

Kampala, Uganda | THE INDEPENDENT | Staff from Absa Bank Uganda have planted 300 trees and adopted 100 indigenous trees at the Makerere University School of Forestry, Environmental and Geographical Sciences Botanical Garden. The new Botanical Garden is found at Makerere University Agricultural Research Institute Kabanyolo, as part of the …