absa
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News
Absa Bank launches regional SME forums to boost business growth
MBARARA CITY, September 7, 2025 – – Absa Bank Uganda has launched a series of regional forums aimed at empowering small and medium-sized enterprises [SMEs] with financial knowledge and skills for sustainable…
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News
Clean water and education facilities boost Abim district in major NGO-bank partnership
ABIM, August 31, 2025 – Residents of Barotuke West in Abim district are set to benefit from a major development initiative following the commissioning of a modern water hub and upgraded school…
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News
Network International expands portfolio with Absa Bank
KAMPALA, August 15, 2025 — Network International [Network], a leading enabler of digital commerce in the Middle East and Africa, has been chosen by Absa Business Banking, one of Africa’s leading business…
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News
The big interview: Meet Stephen Mugumya Bongonzya – a seasoned banker and senior cooperator
MBARARA CITY, April 28, 2025 — theCooperator News recently sat down with Stephen Mugumya Bongonzya, Vice Chairman of the Uganda Cooperative Savings and Credit Union Limited [UCSCU]—the apex body for SACCOs in…
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News
Widespread progress in African financial markets
KAMPALA, October 25, 2024 — There have been clear improvements across countries in the Absa Africa Financial Markets Index 2024. Scores have risen for 23 countries [82 percent], which is the highest…
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News
IFC and Absa provide trade facility to Valency to support thousands of farmers in Africa
SINGAPORE, October 13, 2024 – The International Finance Corporation [ IFC ], a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its Corporate…
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News
Bankers in Uganda elect new leadership
KAMPALA, May 22, 2024 – Local banks under the umbrella of Uganda Bankers’ Association [UBA] have elected new leaders to run the affairs of the association effective May. The new UBA leaders…
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News
Standard Chartered awarded “Best-performing Primary Dealer Market Maker”
KAMPALA, May 9, 2024 – Standard Chartered Bank Uganda [BoU] has been awarded the ‘Best-performing Primary Dealer Market Maker [PDMM] for the year ended September 2023, earning the honour for the second…
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Africa
Absa Africa Financial Markets Index 2023 reveals continued progress in developing African financial markets
LONDON, October 12, 2023 – The 2023 Absa Africa Financial Markets Index [AFMI] reveals there has been continued progress in developing financial markets across Africa in the past year, with many of…
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National
BoU appoints eight commercial banks as Primary Dealer Market Makers
KAMPALA, September 28, 2023 -The Bank of Uganda [BoU] has appointed eight commercial banks as Primary Dealer Market Makers [PDMM] effective October 1, 2023. According to Kenneth Egesa, Director Communications at BoU,…
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