JAILED: Audrey Muhindo (R) and Stuart Kasingye (L)Two Kampala-based lawyers have been remanded to Luzira prisons over the alleged theft of Shs700 million said to have been fraudulently transferred from a Belgian national’s bank account.According to charge sheets referenced under C
One of the suspects charged over an attempted Shs 725 million fraud targeting Stanbic Bank has opened negotiations with the State to resolve the case through a plea bargain. The development was disclosed on Monday before the Buganda Road Chief Magistrate’s Court, where Chief State Attorney Joan
Catherine Kijjagulwe has been named head of markets at Absa Bank Uganda. Learn more about her professional background in financial markets and her new leadership role at the bank.KAMPALA, Uganda — Absa Bank Uganda has named Catherine Kijjagulwe as its new head of markets, the bank announ
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
The emotional logistics of staying friends post-breakup can get messy.Let’s be honest: the “we can still be friends” line after a breakup is as suspicious as it is optimistic.Some people genuinely mean it; they want peace, closure, and the occasional catch-up coffee. Others? T
Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
The Permanent Secretary of the Ministry of Finance Ramathan Ggoobi, who is also the Secretary to Treasury has said Uganda is on a mission to change its destiny, noting that in 15 years from now, naysayers will be proved wrong.“ We are people on a mission. Some people think we are still i
Absa Bank Uganda has launched a new customer campaign, Play Your Cards Right, which will reward 14 lucky winners with cash prizes totaling shs200 million.Running from June to August 2025, the campaign is open to all Absa debit and credit cardholders, bothpersonal and business, local
Absa Bank Uganda today unveiled two new digital innovations, digi loans and online account opening, aimed at meeting the growing demand for fast, convenient, and paperless banking.The digi loan allows eligible customers to instantly borrow between shs20,000 and shs 2 million with
Absa Bank Uganda has commemorated World Earth Day by planting 1000 trees at Buwagga Secondary School in Wakiso District.The event brought together Absa employees, students, and community members to plant trees as part of the bank’s ongoing broader initiative to shape a sustainable f
