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 …
Read More »Absa partners with UAP Old Mutual to rollout medical insurance
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 …
Read More »Absa unveils mobile payement solution for SMEs
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 …
Read More »Absa Bank unveils ‘Mobi Tap’ functionality for small enterprises
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 …
Read More »Absa and Hashers run relay from Kampala to Jinja for the environment
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 …
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 »Over 2,500 runners participate in maiden Absa KH3 – 7 Hills Run
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 …
Read More »Katutsi, Abeja win Absa Captain’s Bell tournament
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 …
Read More »Absa Uganda partner with Kampala Hash House Harriers for the Absa KH3 – 7 Hills Run
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 …
Read More »Rachel Rwakatungu joints Absa Bank Uganda as new Credit Director
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 …
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