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    Absa Group

    PSST Ggoobi and BoU’s Dr. Atingi-Ego to headline Absa’s #AFMIndex2023 and Economic Outlook Forum 

    Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryFebruary 3, 2024February 3, 2024

    Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury (PSST) and Dr. Michael Atingi-Ego, the Bank of Uganda Deputy Governor are headlining this year’s Africa Financial Markets Index (AFMI)…

    Sino-African trade: Absa Group opens office in China

    Muhereza KyamuteteraAfricaCompany NewsThe Big StoryFebruary 1, 2024February 1, 2024

    Absa Group today announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is now open, with…

    Strong Recovery! Absa Group reports 27% interim earnings increment

    Nelson NambooleNews & AnalysisAugust 17, 2022August 17, 2022

    Absa Group headline earnings increased 27% to R11 billion (about UGX2,531,000,000,000) in the first half of the year as revenue increased, demonstrating a continued strong recovery from the global economic…

    Absa Group Appoints Arrie Rautenbach as Chief Executive Officer

    CEO ReporterCompany NewsNews & AnalysisMarch 29, 2022March 29, 2022

    Absa Group has announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. The appointment follows a thorough recruitment and selection process completed by the Board. Arrie,…

    PRODUCT REVIEW: Here Are The 10 Things You Need To Know About Absa’s Newly Launched Cardless ATM Withdrawal Solution

    Muhereza KyamuteteraCompany NewsFinanceThe Big StoryDecember 15, 2021December 17, 2021

    Here are the key 10 things you need to know about this industry-first from Absa. First of all, to enjoy the extreme convenience, you have to be an Absa Bank…

    Absa Group Appoints Saviour Chibiya as Group Executive: Absa Regional Operations

    CEO ReporterCompany NewsNews & AnalysisNovember 1, 2021November 1, 2021

    Absa Group has announced the appointment of Saviour Chibiya as Group Executive: Absa Regional Operations (ARO). According to the Group, Saviour will be responsible, together with Retail Business Banking (RBB) and…

    Absa Group Reports Increased Earnings on Broad-based Recovery; Resumes Dividend Payments

    CEO ReporterCompany NewsNews & AnalysisAugust 16, 2021August 16, 2021

    Absa Group Ltd., one of Africa’s largest financial services providers, reported an increase in interim earnings and resumed dividend payments as the economic effects of the pandemic eased in the…

    Uganda’s longer term economic outlook brightens driven by oil and gas industry developments

    CEO ReporterThe Big StoryJuly 22, 2021July 25, 2021

    Recent progress in the Uganda’s long-delayed oil development has brightened Uganda’s longer-term economic prospects following the agreements signed by Uganda and Tanzania on the construction of the US$4bn cross-border oil…

    Absa Group Earnings Decline; 7% Pre-provision Profit Growth Indicates Positive Underlying Performance

    CEO ReporterCompany NewsMarch 17, 2021March 17, 2021

    Absa Group Ltd., one of Africa’s largest financial services providers, has reported a 51% decline in normalised headline earnings to R8 billion after impairments nearly trebled to R20.6 billion amid…

    Absa Group Completes Renaming of 12 African Subsidiaries; nears complete separation from Barclays

    Muhereza KyamuteteraCompany NewsFinanceThe Big StoryFebruary 12, 2020February 13, 2020

    Absa Group Limited’s Barclays-branded subsidiaries in seven African countries – Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania and Zambia – were renamed as ‘Absa’ today, February 12th 2019, completing the name…

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