Absa Bank Kenya PLC has announced the appointment of Mohammed Nyaoga, EBS, SC, as the new chairman of its Board of Directors, effective October 1, 2025. He will succeed Charles Muchene, who is retiring after serving his full nine-year term. Mr. Muchene’s tenure officially concludes on September 30, 2025. The New Chairman: A Profile Mr….
In the recently released Absa Africa Financial Markets Index 2023, Uganda maintained its standing as the fourth-ranked country among the 28 nations surveyed. With a score of 63, Uganda showcased its continued commitment to a robust financial market environment. The survey, conducted by the Absa Group and unveiled in the capital city, Kampala, highlighted a…
In 2022, Uganda’s banking sector demonstrated a robust performance, showcasing a resilient post-Covid-19 economic recovery. Commercial banks achieved remarkable results across essential performance indicators in 2022.
