The true measure of Uganda’s oil and gas sector will not be production volumes, but its ability to drive structural economic transformation COMMENT | MUMBA KALIFUNGWA | As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of deep contradiction in the global energy …
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The lender posted a 20.4% rise in profit after tax to Shs 586.2 billion Kampala, Uganda | JULIUS BUSINGE | In banking, consistency is often more valuable than bursts of brilliance. Stanbic Bank Uganda Limited appears to have mastered that art. The lender posted a 20.4% rise in …
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The $4 billion-plus pipeline, now about 79% complete, is designed to export crude from Uganda’s Lake Albert oilfields to Tanzania’s Indian Ocean port of Tanga Kampala, Uganda | JULIUS BUSINGE | Uganda is approaching a pivotal economic moment, according to Stanbic Bank Uganda Chief Executive Mumba Kalifungwa, who said the country must …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has named Mumba Kenneth Kalifungwa as its new Chief Executive Officer, effective March 1, 2025, following regulatory approvals. Mumba, who succeeds Anne Juuko, brings nearly 30 years of professional experience, including over 20 years in senior roles across the banking sector in …
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Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda, Rotary Uganda and My Tree Initiative Organization, have launched a schools greening programme aimed at engaging 90,000 students in planting and nurturing 120,000 trees across 183 primary schools. Under the theme “Sustainable Growing of 120,000 Trees in Primary Schools”, this Programme aims …
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Kampala, Uganda [08 August 2023] | Absa Bank Uganda and My Tree Initiative have partnered for an environmental conservation initiative that will engage up to 80,000 students from 160 primary and secondary schools to ensure the survival and growth of 160,000 trees. The campaign will entail engaging school staff, students, …
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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 …
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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 …
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Kampala, Uganda | THE INDEPENDENT | Absa Bank has reinforced its position as one of the leading banks in Uganda after a record year that saw them hit a profit mark of over sh100billion for the first time. Absa Uganda financial results for the year ending December 2021 released on Monday …
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Kampala, Uganda | THE INDEPENDENT | A total of 60 decision-makers from 46 Small and Medium-sized Enterprises have graduated from the pandemic-response online Business Continuity and Survival Training that was organized by the Employment and Skills for Development in Africa Programme (E4D) in September 2020. The E4D programme is commissioned by …
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The Independent Uganda: You get the Truth we Pay the Price
