While the legacies of many institutions often fade into obscurity, Mpanga Secondary School, located in the heart of Fort Portal City, nears its 60th anniversary this December. It has endured through resilience and community support, standing as a pillar of education. Yet, for many girls at Mpanga SS and in the surrounding Fort Portal area,…
Absa Bank Uganda has today announced the second set of winners in its ongoing “Play Your Cards Right” 2025 campaign, with four lucky customers each walking away with UGX 10 million for actively using their Absa debit and credit cards in the month of July. The winners include: •Business Credit Card: Dentsu Uganda •Personal Credit…
Over 430 business leaders from Uganda, Kenya, Tanzania, Mauritius, the UAE, Taiwan and India convened at Speke Resort Munyonyo for the 4th BNI Convention in Uganda. Held under the theme “Beyond Borders: A Legacy of Collaboration, Growth, and Impact,” the event aimed to showcase the transformative power of strategic networking for economic expansion. A core…
Absa Bank Uganda has unveiled a three-year partnership with Makerere University in Kampala, aiming to equip practicing journalists with financial, business, and data-driven reporting to transform the media industry. As part of the partnership, 20 journalists across the country were equipped with various skills during the 2025 Absa-Makerere Journalism Masterclass that took place at the…
The World Bank has named Ms. Francisca Ayodeji (Ayo) Akala, a Nigerian national, as the new Country Manager for Uganda effective August 1, 2025. She will lead a country portfolio currently worth $4.5 billion, which includes 18 active projects that cover sectors ranging from energy access to refugee livelihood support. As Country Manager, Ayo, as…
Safaricom, M-PESA and PayPal have announced a strategic collaboration to enable account linking and seamless fund transfers across their networks. This collaboration aims to empower more than 35 million M-PESA customers and two million businesses and micro traders in Kenya to access PayPal’s global network. By first linking their PayPal and M-PESA wallets, users can…
Absa Group CEO Kenny Fihla visited Uganda this week as part of his first strategic East Africa roadshow since taking up the role of Group CEO last month, aimed at deepening relationships with clients, colleagues, and stakeholders across the region. The visit underscores Absa’s commitment to regional integration, customer-centricity, and long-term investment in East Africa’s…
Absa and Visa have renewed their strategic partnership to accelerate the development of innovative, inclusive, secure, and digitally enabled financial payment ecosystems across Absa’s Regional Operations (ARO) which incorporates Absa’s presence outside South Africa. The agreement, formalised at a signing ceremony in Johannesburg, marks a significant milestone in a relationship that has driven innovation and…
Absa Bank Uganda has today handed over cash prizes totaling UGX40 million to four winners from the ongoing card usage campaign dubbed Play Your Cards Right. The campaign runs from June to August 2025 and is open to all Absa debit and credit cardholders, both personal and business. To take part, customers use their Absa…
In line with its commitment to offer clients safe, trusted and efficient digital assets solutions and following the successful launch of its digital assets custody service, Standard Chartered recently launched a fully integrated digital assets trading service for institutional clients. The offering includes spot trading for Bitcoin (XBT/USD) and Ether (XET/USD) through its UK branch…
