Money & Markets

Junior Achievement, Absa Launch 2026 Company Of The Year Competition

Absa Bank Uganda, in partnership with Junior Achievement (JA) Uganda, today officially announced the start of the 2026 Company of…

Absa Bank Uganda Appoints Catherine Kijjagulwe As Head Of Markets

Absa Bank Uganda has appointed Catherine Kijjagulwe as head of Markets, effective 20 January 2026. Kijjagulwe brings over two decades…

Uganda Ranks 3rd In 2025 Absa Africa Financial Markets Index

Uganda has jumped into the 3rd position in the Absa Africa Financial Markets Index (AFMI), a leap from the 4th…

Uganda Shilling Appreciates In First Week Of 2026

The Uganda shilling appreciated during the first full trading week of 2026. According to Absa Bank Uganda weekly market updates…

Uganda Shilling Starts Year On Softer Note

The Uganda shilling opened the first trading day of 2026 weaker, pressured by strong demand for hard currency from corporates…

Uganda Shilling Loses Again

The Uganda shilling closed Tuesday 30th December 2025 at the 3615/3625 levels, 5 shillings lower compared to the opening of…

Why Digital Payments And Financial Discipline Matter In Festive Season

By Moses Rutahigwa, Retail and Business Banking Director, Absa Bank Uganda. The festive season is one of the most vibrant…

Absa Bank Uganda Arranges USD 50 Million Facility To Strengthen Uganda’s Power Distribution expansion

Absa Bank Uganda and Uganda Electricity Distribution Company Limited (UEDCL) have today announced the advancement of a five-year USD 50million,…

Uganda Shilling Gains Some Ground Against Dollar

The Uganda shilling recovered some ground against the dollar, trading at the 3620/3630 on Friday morning – from the 3635/3645,…

Uganda Shilling’s Losing Streak Continues

The Uganda shilling lost ground against the dollar for another straight week, trading at the 3,635/3,645 on Friday morning in…