Kampala, Uganda | INDEPENDENT REPORTER | Absa Bank Uganda on Thursday treated its Muslim customers and partners who are observing the holy month of Ramadan to an iftar dinner held at Kampala Serena Hotel. The annual observance of Ramadan is one of the five pillars of Islam. Absa Muslim staff donated …
Read More »MAK 100 YEARS: Absa Bank Uganda plants 300 trees in Kabanyolo
Kampala, Uganda | THE INDEPENDENT | Staff from Absa Bank Uganda have planted 300 trees and adopted 100 indigenous trees at the Makerere University School of Forestry, Environmental and Geographical Sciences Botanical Garden. The new Botanical Garden is found at Makerere University Agricultural Research Institute Kabanyolo, as part of the …
Read More »Absa Group announces Net Zero targets as part of sustainability goals
Johannesburg, South Africa | THE INDEPENDENT | Absa’s leading role in sustainable financing supports move towards zero emissions as the Group makes significant strides in meeting renewable energy loan targets Absa Group, Africa’s largest funder of renewables, announced today its long-term ambition to reach Net Zero state by 2050 for …
Read More »Absa Uganda and Enterprise Uganda partner to upskill SMEs
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda and Enterprise Uganda signed a Memorandum of Understanding that will see the two organisations partner to offer Micro, Small and Medium-size Enterprises (MSMEs) business development services and upskilling in financial literacy in 9 districts across Uganda. Beginning on 3 April …
Read More »Absa Group hits $1.15billion mark in earnings, well positioned for growth
Johannesburg, South Africa | THE INDEPENDENT | Absa Group has today reported strong normalised headline earnings of R21 billion ($1.15billion) for the 2022 financial year, an increase of 13% from the prior year and well above pre-COVID levels. The result, Absa Group said, was driven by significantly higher pre-provision …
Read More »Kenya’s former Absa CEO Jeremy Awori assumes office at Ecobank Group
Kampala, Uganda | THE INDEPENDENT & AGENCIES | Jeremy Awori, Kenya’s seasoned banker, has officially joined Ecobank as its new Chief Executive Officer (CEO), a few months after exiting Absa Bank Kenya. Awori was appointed Pan-African lender CEO in September of last year, succeeding Ade Ayeyemi, who retired. He joins from …
Read More »Absa Women’s Forum skills and donates items to 70 teenage mothers in Kyegegwa
Kyegegwa, Uganda | THE INDEPENDENT | Members of staff from Absa Bank Uganda under the Women Network Forum yesterday donated assorted items and provided skilling to 70 teenage mothers in Kyegegwa. At a ceremony held at Kakabara Primary School in Kyegegwa District in Western Uganda, the ladies donated assorted essential items …
Read More »Absa Africa Financial Markets Index
Uganda moves to the fourth spot due to strong data reporting standards, new environmental, social and governance incentives Kampala, Uganda | THE INDEPENDENT | Uganda’s overall score in the Absa Africa Financial Markets Index increased by six points to 66 in 2022, moving the country up to fourth from sixth place …
Read More »HR practitioners urged to invest in upskilling people
Kampala, Uganda | THE INDEPENDENT | HR practitioners in Uganda have been urged to constantly invest in upskilling themselves and their workforces to prepare their organisations for the future of work. While giving the keynote address during the annual ‘Heads of HR Beginning of Year Cocktail’ held at the Kampala …
Read More »Absa’s new year financial packages
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda Limited is currently offering a vast array of financial packages that will immensely be pivotal in helping Ugandans kick-start a new year on a strong financial stand. The impressive packages will bolster investment capabilities for Ugandan entrepreneurs, especially its customers which is …
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