TodayFriday, May 15, 2026
Business. Leadership. Impact
Uganda ranked No.1 in East Africa and 5th on the African Continent in the 2021 Absa Africa Financial Markets Index.
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. A collaboration
Q&A WITH MUMBA KALIFUNGWA: Everyone needs a strong and innovative bank and Absa Uganda is that bank
2020 was an unprecedented year, for the industry, for Absa and yourself as a leader. It was a year of many firsts. But regardless, Absa emerged strong— stirred, but not shaken. What
Absa Bank Uganda’s assets reach UGX3.4 trillion; moves from fifth to third-largest bank
22% surge in customer deposits propels growth in customer lending and investments; creating a UGX3.4 trillion asset base, allowing Absa to overtake Standard Chartered Bank and dfcu Bank to become Uganda’s third
Mumba Kalifungwa appointed Absa Bank Uganda Managing Director
Absa Group Limited has today announced the appointment of Mr Mumba Kalifungwa as Managing Director for Absa Bank Uganda effective 1 April 2020, confirming a story, CEO East Africa early this month
EXCLUSIVE: Absa, taps Mumba Kenneth Kalifungwa, a Zambian to lead its Uganda operations
Absa Group has tapped Mumba Kenneth Kalifungwa the former Executive Director, Finance at Absa Botswana, as its Managing Director, for Uganda, CEO East Africa has learnt. Mumba, replaces Mr. Nazim Mahmood who
Ex South African Reserve Bank Deputy Governor, Daniel Mminele, appointed Absa Group’s new Chief Executive
Absa Group Limited (AGL) today, 6th January 2020, announced the appointment of Aaron Daniel Mminele as Group Chief Executive of Absa Group, effective from 15 January 2020. Mminele will be taking over
Barclays officially becomes Absa Bank Uganda; BoU recognises name change with license
Absa Bank Uganda, a subsidiary of Absa Group Limited has today received the license to operateand trade under its new name from Bank of Uganda. Formerly known as Barclays Bank Uganda, the
Why Absa tapped Nazim Mahmood, to complete its separation with Barclays in Uganda
When it comes to migration, integration and rebranding, Barclays Bank has had a nasty experience in Uganda before. The 2009/10 integration of newly acquired Nile Bank into Barclays was such a pandemonium
Barclays Uganda to complete changeover to Absa by mid-2020
“The rebrand is in line with Barclays Bank of Uganda Limited’s parent company, Absa Group’s 2018 decision to rebrand all operations across the continent to Absa in a carefully managed programme that
