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Tag Archives: Mumba Kalifungwa

Banks see a positive outlook this New Year

Uganda’s economy is slowly opening up amidst coronavirus pandemic, rising hope for the banking industry’s quick recovery. The Independent’s Isaac Khisa caught up with the Absa Bank Uganda Managing Director, Mumba Kalifungwa, and shares the industry’s projected performance and the future outlook. What do you make of Uganda’s banking industry …

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Absa group finally celebrates its separation from Barclays

Kampala, Uganda | Julius Businge | On June 08, Absa Bank Uganda’s parent company, Absa Group Limited announced the substantial completion of critical projects on its separation journey. The Bank said in a notice dated June 08 that, following Barclays PLC’s decision to sell down its controlling stake in Barclays Africa …

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