Tag Archives: Kalifungwa

  Stanbic’s China payment link is set to ease the country’s trade friction with Beijing   Kampala, Uganda | THE INDEPENDENT |  Ugandan businesses trading with China are set to gain faster access to yuan payments after Stanbic Bank Uganda became the country’s first lender to connect to China’s Cross-Border …

Karamoja Local Leaders Laud Stanbic Bank’s Inclusion Agenda for Women, Youth, and Farmers Moroto, Uganda | THE INDEPENDENT |  Local leaders in the Karamoja sub-region have commended Stanbic Bank Uganda for its ongoing investment and inclusive banking agenda, which continues to empower women, youth, and farmers through affordable credit, digital …

Kampala, Uganda | THE INDEPENDENT | Mumba Kenneth Kalifungwa, a seasoned Zambian accountant and corporate executive is poised for the top job at Stanbic Bank Uganda. Currently Managing Director at Absa Bank Uganda, Kalifungwa has been successfully vetted and will be the Chief Executive of Uganda’s largest bank by assets …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has handed over sh300 million proceeds from the 2024 Absa 7 Hills Run, an annual charity event organised in partnership with the Kampala Hash House Harriers (KH3) to raise funds to keep the girl child in school. Research shows that an …

Kampala, Uganda | THE INDEPENDENT | The FY2023/24 budget presents both challenges and opportunities but through open and constructive engagements, Ugandans can navigate through these times effectively, according to Mumba Kalifungwa, the Managing Directro for Absa Bank Uganda. Kalifungwa was speaking at a budget breakfast meeting held in Kampala on …

Summary Growth in revenue by UGX46bn. UGX141 billion in profit after tax, maintaining triple digit profit for the second year running. 8% growth in net customer loans standing at UGX1.567 trillion. 94% drop in impairment, indicating an improvement in the construct of the loan book. 4% growth in customer deposits …

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 …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has treated several of its customers to an end-of-year cocktail evening at the Sheraton Kampala Gardens to appreciate them for continuing to do business with the bank. The outdoor evening  was defined by lively social interactions and laughter, cocktails and entertainment …

Kampala, Uganda | THE INDEPENDENT |  Absa Bank Uganda has partnered with the Uganda Institute of Information and Communication Technology (UICT) to provide ICT skills training to youth in vocational institutions around the country. The training is accredited by Amazon Web Services (AWS) following a partnership between AWS, a leading …

Absa Bank Uganda donates UGX. 60,000,000 to Uganda Red Cross to strengthen the disaster response capacities towards families affected by floods in Eastern Uganda Mbale, Uganda | THE INDEPENDENT | Absa Bank Uganda has today announced a donation worth Sh60 million to the Uganda Red Cross Society to cater for the …