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    ABsa Uganda

    The Bancassurance Surge: Are Banks Quietly Eating Insurance Brokers’ Bread?

    Muhereza KyamuteteraBusiness & MarketsInsuranceThe Big StoryMarch 16, 2026March 16, 2026

    I recently walked into an Absa Bank branch in Lugogo for what was supposed to be a routine business conversation. While I waited, a pleasant, smooth-talking lady approached me with…

    Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.

    South Africa’s capital is moving north-east, and East Africa is increasingly the preferred landing strip

    The CEO Magazine TeamThe Big StoryFebruary 13, 2026February 27, 2026

    South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts….

    Sanjay Rughani faces his defining test as Standard Chartered Uganda exits retail banking: turning a leaner, corporate-focused strategy into sustainable profits, disciplined returns, and lasting relevance in a tougher market.

    Sanjay Rughani and the Test of a Leaner Standard Chartered Bank

    Jeff WintersThe Big StoryFebruary 9, 2026February 9, 2026

    Last week’s signing between the Government of Uganda and Standard Chartered Bank offered a reminder of the institution’s enduring strength. The €641.1 million (UGX 2.75 trillion) financing package, covering power…

    As Absa Uganda enters consolidation, 2026 will test David Wandera’s leadership, integration skill, and ability to sustain momentum, carrying national expectations as the bank’s first Ugandan Managing Director forward decisively.

    All Eyes on David Wandera: Why 2026 is a Critical Year for Absa

    Jeff WintersBanking & Financial ServicesThe Big StoryFebruary 8, 2026February 8, 2026

    There is a saying that when you are entrusted with the responsibility of representing your country, you must give your very best, because you are carrying the weight and expectations…

    A photo montage of Absa’s David Wandera and Standard Chartered Bank’s Sanjay Rughani. Absa’s acquisition of Standard Chartered’s retail and wealth business reshapes Uganda’s banking sector, boosting deposits, expanding assets, and strengthening retail depth as regulators begin reviewing one of the industry’s most significant restructurings.

    Absa–Standard Chartered Wealth and Retail Business Acquisition Deal Enters Regulatory Review as Sector Impact Becomes Clear

    Muhereza KyamuteteraThe Big StoryNovember 21, 2025November 21, 2025

    Less than a year after Standard Chartered announced its plan to exit its Wealth and Retail Business (WRB) segment, the long-anticipated transfer to Absa Uganda has entered a decisive phase….

    Kenny Fihla, Absa Group CEO, Absa Bank Africa, Absa Group strategy, Absa Uganda, African banking leadership, Infrastructure finance in Africa, Kenny Fihla Strategy for Absa, CEO East Africa Magazine, Africa Business News, Business News, Kenny Fihla Absa leadership interview, How Absa is driving growth in Africa, Banking sector priorities in Uganda, Role of banks in Africa’s infrastructure, Customer-centric banking strategy Absa, Future of banking in Sub-Saharan Africa, African banking trends 2025, Absa Africa growth strategy, Africa's Largest Banks,

    EXCLUSIVE Q&A | Kenny Fihla: Steering Absa Group Into Its Next Growth Chapter

    Muhereza KyamuteteraCEO PerspectivesThe Big StoryJuly 28, 2025February 24, 2026

    Thank you very much for the opportunity to speak with you. I’ve been following some of the remarks you’ve made since your appointment in June, and one recurring theme that…

    Absa Bank Uganda Appoints Hassan Saleh and Gloria Byamugisha to its Board of Directors

    Paul MurungiExecutive ProfilesThe Big StoryJuly 17, 2025July 17, 2025

    Absa Bank has strengthened its Board of Directors with the appointment of two seasoned professionals—Hassan Saleh, Managing Director of MultiChoice Uganda, and Gloria Byamugisha, Group Chief Human Resource Officer at…

    Absa Uganda and DHL partner to support 800 SMEs access export markets

    CEO ReporterCompany NewsNews & AnalysisMay 10, 2024May 10, 2024

    DHL, a global leader in the logistics industry has announced its collaboration with Absa Bank Uganda for the 2024 ‘Growing Beyond Borders’ Entrepreneurial Training Programme. The purpose of the programme…

    Absa’s Mumba Kalifungwa, on the 6 things that he has learned about saving and growing money 

    Mumba KalifungwaThe Big StoryThought LeadershipOctober 2, 2023October 2, 2023
    Take care of your health and/or invest in insurance. If the pandemic has taught us anything, it's that your entire savings and investments (your life’s work) can be wiped out...

    Uganda ranked No.1 in East Africa and 5th on the African Continent in the 2021 Absa Africa Financial Markets Index.

    Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMarch 11, 2022March 11, 2022

    Ugandan financial markets have been ranked in the top spot in East Africa and the fifth on the African continent, according to the just-released 2021 Absa Africa Financial Markets Index….

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