Absa Group Reports 10% Increase In 2024 Earnings

Absa Group earnings increased 10% in 2024, underpinned by a material improvement in the second half, demonstrating meaningful progress after a disappointing first half. Earnings were driven by both a more supportive operating environment and deliberate steps taken to support performance. “Our organisation rallied in the second half, refining our focus areas to ensure that…

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Absa Uganda Launches Visa Infinite, Signature, and Business Cards

Absa Bank Uganda, in partnership with Visa, has launched three new premium card solutions—Infinite, Signature, and Business Credit Cards—designed to cater to the unique needs of affluent and business customers. The Infinite Card, a globally recognized ultra-premium debit or credit card, is the first smart, elegant, metallic card on the market. It is tailored for…

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Uganda Breweries Turns Around Mitoma Businesswoman’s Fortunes With UGX 50 million

A life-changing moment unfolded in Mitoma District as Susan Kyokusiima, a hardworking farmer and bar owner, saw her fortunes turn around after winning UGX 50 million in the Uganda Breweries Laga Swagga Campaign. Susan, who initially joined the campaign with the simple hope of winning airtime, was left stunned when she emerged as the grand…

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UBL Donates UGX 30m Investments to Luzira Youth, Women

Uganda Breweries has today donated items worth UGX 30M to the Luzira Youth and Women community. The donation includes 400 plastic chairs, 10 tables, 2 portable mini-sound systems, and 4-fifty-seater tents which will serve as revenue-generating assets through hire towards community development initiatives. While handing over the items to the Youth and Women community in…

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Absa launches 3rd Edition of KH3-7 Hills Run

Absa Uganda, in partnership with the Kampala Hash House Harriers, has announced the third edition of the Absa KH3-7 Hills Run, slated for March 16, 2025. The announcement was made at the weekly hash run. The iconic 21-km race traverses the historic seven hills of Kampala—Kibuli, Nakasero, Old Kampala, Namirembe, Rubaga, Lubiri, and Nsambya—offering a…

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