Absa Bank is proud to announce the official unveiling of its new branch in Nansana, located at Sibyangu Plaza. This launch is part of the bank’s continued commitment to expanding its footprint across Uganda. The opening ceremony brought together key players in the financial sector, including representatives from the Bank of Uganda, regulators, local government…
Absa Uganda has today hosted an industry-wide workshop focused on the critical importance of data privacy in the digital age. The event was held at the Golden Tulip Hotel in an effort to boost and uphold the highest standards of ethical banking and customer protection. Under the theme, “Data Privacy is a Driver of Customer…
Absa Bank Uganda, through its flagship Business Club, has launched a series of Regional SME Forums, starting with Masaka, Mbarara, and Fort Portal. The initiative, delivered in partnership with Uganda Airlines, DHL, Grant Thornton, and Enterprise Uganda, is designed to equip entrepreneurs with practical skills, networks, and opportunities to strengthen their businesses and position them…
Absa Bank Uganda has entered a three-year partnership with Junior Achievement Uganda (JAU) to deliver a financial literacy and entrepreneurship programme that will empower more than 25,000 learners (aged up to 25 years) with practical skills for sustainable livelihoods and the future world of work. The initiative builds on Absa Group’s long-standing collaboration with Junior…
The Embassy of the Republic of Uganda in Washington, in partnership with US-based facilitator Elaine Robnett Moore, today launched a six-day training program designed to enhance the skills of 100 Ugandan artisans to explore entry opportunities for their products in the US market. The initiative is funded through the Economic and Commercial Diplomacy (ECD) Fund…
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…
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…
Absa Bank Uganda today officially relaunched its flagship Absa Business Club, an enhanced platform designed to accelerate the growth of small and medium-sized enterprises (SMEs) through holistic business support, strategic networking, and access to regional and international markets. At the heart of the relaunch is a bold, partnership-driven model that transforms the Business Club from…
Airtel Uganda, a leading provider of telecommunications and mobile money services, today presented a dividend cheque of UGX 50.3 billion to the National Social Security Fund (NSSF). This significant payout follows NSSF’s strategic acquisition of shares in Airtel Uganda during the company’s initial public offering (IPO). This payout follows Airtel’s 2023 decision to list in Uganda,…
The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be done in the right way. The strategy is anchored on agro-industrialization, tourism, mineral development, and science and technology innovation (ATMS) to…
