Absa Group Limited today announced that its board of directors has appointed Kenny Fihla, a senior financial services executive with 20 years of experience, as its new Group Chief Executive Officer, effective 17 June 2025, subject to regulatory approval. “Kenny is a recognised leader with substantial Pan-African banking experience, has relationships across the banking and financial…
The 2025 edition of the Absa KH3 7 Hills Run witnessed another impressive turnout as over 6,000 running enthusiasts defied the morning downpour to support the cause of keeping the girl child in school. Flagged off by the Kampala Capital City Authority (KCCA) Executive Director, alongside senior Absa Bank Uganda Interim Managing Director and KH3…
Absa Bank Uganda has tapped Kampala Capital City Authority’s Executive Director, Ms. Sharifah Buzeki, as the Chief Runner for the 2025 Absa KH3 7 Hills Run. Ms. Buzeki’s participation underscores the importance of public-private partnerships in driving meaningful social change.While receiving her kit from the Absa team, Ms Buzeki noted that “Joining the Absa KH3-7…
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…
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…
By Flavia Nabukeera Savings, to some, is a discipline, and to others, it is a tug of war where one compares what they earn and what they can put aside for future investment. Oftentimes, the outcome is resorting to not saving anything at all because they think they never have enough. But how does one…
The banks of the Nile came alive with the first-ever Tusker Sauce of the Nile Fest this weekend. Held at the breathtaking Nile Park Resort in Jinja, this event fused Uganda’s rich cultural heritage with a dose of premium entertainment. As the sun dipped below the horizon of the Nile, the festival kicked off with…
Absa Bank Uganda has reaffirmed its commitment to nurturing Ugandan golf talent by sponsoring a team of ten players to compete in the esteemed 2025 Absa Magical Kenya Open. The golfers will participate in the Pro-Am event on February 19, ahead of the main four-day tournament running from February 19 to 23 at the renowned…
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…
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…
