Absa Bank Uganda and MTN Mobile Money Uganda Limited have today announced the introduction of mobile money payment functionality, also known as MTN MoMoPay on Absa Point of Sale (POS)…
Absa bank Uganda has boosted the hopes of Uganda’s Olympic team through a cash injection amounting to UGX 26 million to ease in preparations for the 2021 Olympic games in Tokyo,…
Absa Bank Uganda, yesterday, 20th April 2021, released their 2020 annual results, reporting a profit of UGX41 billion and growth in revenue to UGX316 billion. This is Mumba Kalifungwa’s first…
Absa Bank Uganda has made changes to its senior leadership by announcing new appointments of the Business Banking Director and the Marketing and Customer Experience Director. Albert Byaruhanga has been…
Irene Mutyaba Kabiri is the new Corporate Banking Director at Absa Bank Uganda. A seasoned banker with over 16 years’ experience in the banking industry, she was previously the Head…
The Hamis Kiggundu vs. Diamond Trust Bank (DTB) case took almost everyone by surprise. Everybody who knows the maverick businessman, the proprietor of Ham Enterprises and Kiggs International, knows that…
The Bank of Uganda in collaboration with the Ministry of Finance, Planning and Economic Development, has this afternoon announced that it has undertaken reforms to the Government securities market as…
Absa Group Limited, parent company of Uganda’s third largest bank by assets (UGX3.4 trillion as at end of 2019), Absa Bank on Tuesday announced the appointment of Nadine Byarugaba as…
Eighteen (18) profit-making commercial banks in Uganda, made a UGX906 billion (USD238.5 million) in profits in 2019. This was a 14% increase from UGX794.7 billion in 2018 profits. This was…
Absa Bank Uganda has donated four (4) mobile isolation units valued at UGX 100 million to the Ministry of Health to aid in the emergency response to the COVID-19 pandemic….
