Tag: ABSA Bank

The kidnappers held her captive for nearly three weeks, demanding up to $1 million before accepting about $200,000 (approximately UGX 700 million). During her captivity, they cut off two of her fingers and sent them alongside a video of her pleading for help to pressure her family into paying the ransom.
Akena referred to historical statements by President Museveni acknowledging the destruction of food supplies and the destitution of about 2.7 million people during that period. He argued that the loss of cattle deprived communities of daily nutrition, household income, school fees, draft power, and soil fertility, leaving effects that continue to be felt today.

Uganda Targets Capital Market Growth to Boost Long-Term Financing...

Ministry of Finance, Planning, and Economic Development is prioritizing the rebuilding and promotion of capital markets to provide long-term...

UEDCL Secures $50 Million Financing to Expand Electricity Access...

Uganda Electricity Distribution Company Limited (UEDCL) has secured it’s first-ever debt financing facility, marking a major milestone in the...

KARAMOJA: Absa Bank, World Vision Partner to Promote Girl...

Absa Bank Uganda, together with World Vision, have partnered to promote the continued inclusion of girls in education across...

Central Bank Appoints Primary Dealer Market Markers

Bank of Uganda has appointed eight commercial banks, as Primary Dealer Market Markers (PDMM), and have been given exclusive...

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