Absa Bank Uganda, in partnership with GirlCode, successfully hosted the 2025 GirlCode Hackathon, empowering 50 women tech enthusiasts in Uganda. The event was part of a continent-wide hackathon spanning 30 hours and engaging 700 women across 8 African cities, focused on fostering innovation, collaboration, and skills development in the fintech sector. The hackathon provided a…
CNOOC Uganda Limited is pleased to announce the successful first harvest of the high-yielding WDR-73 rice variety under its Innovative Livelihood Restoration Program for Crop Production. The harvest, which commenced today in Kikuube District, represents a significant milestone in enhancing food security and restoring the livelihoods of Project Affected Persons and host communities in the…
The Uganda shilling surged against the dollar to close the week at the 3455/3465 levels from the opening of 3487/3497, a consistent and spectacular performance throughout the week that saw significant portfolio inflows that were sold directly into the spot market, marking the shilling’s strongest level in 9 years, last seen in October 2016. According…
By Prof. Augustus Nuwagaba, Deputy Governor Bank of Uganda Of recent, there has been debate on the impact of capital inflows on domestic economies, specifically forex rates, currency performance, and economic growth. Large capital inflows bring considerable economic benefits to recipient countries. We must understand these dynamics to make informed decisions. It’s important to note…
Absa Bank Uganda is pleased to announce the reintroduction of its custody services, marking a significant milestone in the bank’s commitment to supporting the growth and development of Uganda’s capital markets. This strategic move aims to provide institutional investors with secure, efficient, and compliant solutions to safeguard their assets and facilitate seamless investment operations. Speaking…
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…
Uganda Breweries Limited (UBL) has announced the appointment of Felicite Nson as Managing Director, making her the first woman to lead one of Uganda’s most iconic and enduring brands. Nson succeeds Andrew Kilonzo, who has been appointed Managing Director of Kenya Breweries Limited (KBL). With more than 20 years of leadership experience across Africa, Nson…
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 has flagged off five runners to participate in the Run Your City Series, scheduled for 24 September 2025, in Johannesburg South Africa. The runners are among the eight winners across the men and women categories from the 2024 and 2025 Absa KH3-7 Hills Run, an event that continues to rally thousands of…
The Ekyoto Ha Mpango Music Festival wrapped up a week of royal festivities in Fort Portal Town. Held at the historic Karuzika Palace grounds, the festival brought together a spectacular blend of culture, music and community as Pilsner Lager toasted with Tooro for the 30th Coronation Anniversary of His Majesty, Omukama Oyo Nyimba Kabamba Iguru…
