Source: PML Daily
Africa
Your Ultimate Easter Shopping Guide in Kampala
Your Ultimate Easter Shopping Guide in Kampala For love’s sake, He gave up His life…
Africa
Absa Bank Uganda Reports UGX178bn in Net Profit, Backed by Strong Double-Digit Growth Across Key Fundamentals At a stakeholder briefing held at the Sheraton Kampala Hotel, Absa Bank Uganda’s Interim Managing Director David Wandera and Executive Director & CFO Michael Segwaya unveiled strong 2024 results, highlighting a 22% rise in profit after tax to UGX 178 billion and 15% revenue growth. The executives credited this performance to robust customer trust, growth in digital payments, trade loans, and green financing. With an improved cost-to-income ratio and rising capital adequacy, the bank affirmed its commitment to sustainability, financial inclusion, and continued support for Uganda’s private sector and household economic empowerment.
The Big StoryAbsa Bank Uganda Reports UGX178bn in Net Profit, Backed by Strong Double-Digit Growth…
Africa
Elon Musk’s Starlink submits application to UCC to begin operations in Uganda
East AfricaIndustry & AnalysisNews & AnalysisThe Big StoryElon Musk’s Starlink submits application to UCC to…