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    Mumba Kenneth Kalifungwa

    Pearl Bank and Stanbic Join Forces to Merge Digital Wallets for Uganda’s Financial Inclusion Drive

    Paul MurungiCompany NewsOctober 23, 2025October 23, 2025

    In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have…

    CONFIRMED: Stanbic Bank Uganda Appoints Mumba Kalifungwa as New Chief Executive

    Muhereza Kyamutetera100 Leading & Admired CEOsC-Suite LeadershipThe Big StoryDecember 9, 2024December 9, 2024

    Stanbic Bank Uganda has confirmed that it has appointed Mumba Kenneth Kalifungwa as its  Chief Executive and, by extension, a member of the Board of Directors, effective March 1, 2025….

    Absa Bank Uganda trains financial institutions’ compliance experts on ethics, conduct

    Muhereza KyamuteteraBanking & Financial ServicesCompany NewsNews & AnalysisOctober 17, 2023October 17, 2023

    In a bid to equip the financial sector with practical knowledge on ethical framework and conduct in daily operations, Absa Bank Uganda has conducted a one-day training for sector compliance…

    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...

    Absa Uganda point of sale terminals start accepting MTN MoMoPay payments

    Muhereza KyamuteteraBanking & Financial ServicesBusiness & MarketsCompany NewsThe Big StoryJuly 7, 2021July 7, 2021

    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)…

    Q&A WITH MUMBA KALIFUNGWA: Everyone needs a strong and innovative bank and Absa Uganda is that bank

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryThought LeadershipMay 31, 2021May 31, 2021

    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…

    FORCE OF GOOD: Absa posts UGX41 billion profit, despite restructuring UGX260 bn loans and increased Covid-19 and rebranding costs

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryApril 21, 2021April 21, 2021

    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 to offer loan repayment holidays of up to 6 months over Covid-19

    Muhereza KyamuteteraBanking & Financial ServicesCompany NewsThe Big StoryApril 13, 2020

    Kampala, Uganda, April 13, 2020: As Uganda and the rest of the world confront the public health, financial and economic implications of the COVID-19 pandemic, Absa Bank Uganda is rolling…

    Mumba Kalifungwa appointed Absa Bank Uganda Managing Director

    Muhereza KyamuteteraBanking & Financial ServicesCompany NewsThe Big StoryMarch 19, 2020March 19, 2020

    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…

    EXCLUSIVE: Absa, taps Mumba Kenneth Kalifungwa, a Zambian to lead its Uganda operations

    Muhereza KyamuteteraBanking & Financial ServicesCompany NewsThe Big StoryMarch 7, 2020March 7, 2020

    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…

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    Latest Stories

    • Aga Khan Fund Exits Troubled Nation Media Group After 66 Years, Sells Controlling Stake to Tanzanian Billionaire
      by Jeff Winters
      March 10, 2026
    • Marriott International is among global hospitality giants accelerating expansion across East Africa, as Kenya, Ethiopia and Tanzania lead Africa’s next wave of hotel development and tourism-driven investment. Photo / Ivan Atuheirwe
      Kenya, Ethiopia and Tanzania Set to Deliver Africa’s Next Wave of Hotel Supply as Global Brands Expand Across East Africa
      by Muhereza Kyamutetera
      March 10, 2026
    • SanlamAllianz Uganda CEO Ruth Namuli discusses the merger, digital innovation, claims reform, micro-insurance, and the future of general insurance in Uganda.
      Modernising General Insurance: SanlamAllianz CEO Ruth Namuli on Building Uganda’s Insurance Powerhouse with Trust, Innovation, and Scale
      by Paul Murungi
      March 10, 2026
    • Inside Uganda’s Gorilla Permit System: Where Does a Gorilla Permit Shilling Go?
      by Brian Emorut
      March 9, 2026
    • Arra Fishing Lodge: The Newest Quiet Escape Along the Mighty Nile in Uganda’s West Nile Region
      by Namulwana Hilda Victoria
      March 9, 2026
    • Easter by the Lake 2026: Inside Speke Resort Munyonyo’s Four-Day Family Festival
      by Muhereza Kyamutetera
      March 9, 2026
    • Shell Clock Tower service station on Entebbe Road, one of Vivo Energy’s long-standing fuel outlets in Kampala’s central business district, is among two downtown Shell stations the company has put up for sale.
      Vivo Puts Two Downtown Kampala Shell Stations up for Sale Amid Congestion Concerns
      by Jeff Winters
      March 9, 2026
    • Viola Mboneko Rusoke is an advocate for collaborative gender progress, promoting partnership between women and men as a pathway to equitable development, shared leadership, and stronger communities.
      Women and Men Side by Side: Giving to Gain
      by CEO East Africa Magazine
      March 9, 2026
    • Telling the Stories That Matter: Why Women’s Voices Must Be Seen, Heard and Celebrated
      by Brian Emorut
      March 8, 2026
    • Patricia Muumba champions women’s empowerment through leadership, ambition, and global connection. Bridging Uganda and the United States, she advocates for women to earn unapologetically, give from abundance, and use their influence to create opportunity, inspire the next generation, and drive meaningful change across communities and economies worldwide.
      The Global Matriarch: Why a Woman’s Ambition is the World’s Most Undervalued Asset
      by CEO East Africa Magazine
      March 8, 2026

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