Muhereza Kyamutetera - Profile and Journalist Details
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Muhereza Kyamutetera
Verified
East African Business and Travel Writer, Freelance
Kampala
Beats
Seo , Internal Affairs , Foreign Affairs , Sports , Security
Content
Absa Bank Uganda Reports UGX178bn in Net Profit, Backed by Strong Double-Digit Growth Across Key Fundamentals – CEO East Africa
By Muhereza Kyamutetera Verified| CEO East Africa Magazine Verified Absa Bank Uganda has announced robust financial performance for the year ended December 31, 2024, registering a 22% increase in net profit to UGX 178 billion, up from UGX 145.76 billion in 2023. The growth was driven by double-digit improvements across key financial fundamentals, including revenue, customer deposits, loans, and asset base, underpinned by disciplined execution, a supportive macroeconomic environment, and ongoing digital and operational transformation, the bank said.
Claver Serumaga Continues Turnaround of NCBA Tanzania; Net Profit Grows 26% to TZS 25.5 bn – CEO East Africa
By Muhereza Kyamutetera Verified| CEO East Africa Magazine Verified In 2024, NCBA Bank Tanzania posted its highest-ever net profit, closing the year with TZS 25.5 billion in after-tax earnings, a 26% increase from the previous year. The bank’s profit before tax rose to TZS 16.1 billion. At the same time, total comprehensive income reached TZS 25.5 billion, supported by interest and non-interest income gains, improved asset quality, and enhanced operational efficiency.
Absa Bank Uganda Reports UGX178bn in Net Profit, Backed by Strong Double-Digit Growth Across Key Fundamentals – CEO East Africa
By Muhereza Kyamutetera Verified| CEO East Africa Magazine Verified Absa Bank Uganda has announced robust financial performance for the year ended December 31, 2024, registering a 22% increase in net profit to UGX 178 billion, up from UGX 145.76 billion in 2023. The growth was driven by double-digit improvements across key financial fundamentals, including revenue, customer deposits, loans, and asset base, underpinned by disciplined execution, a supportive macroeconomic environment, and ongoing digital and operational transformation, the bank said.
Company Info
Freelance
Freelancer.com is the largest freelancing and crowdsourcing marketplace in the world, connecting over 81 million employers and freelancers across more than 247 countries. Founded in 2009 and based in Sydney, Australia, the platform allows employers to post jobs while freelancers can bid on these projects. It is publicly traded on the Australian Securities Exchange under the ticker ASX:FLN. The platform supports a variety of work categories, including software development, writing, design, and marketing. Freelancer.com also offers contests for creative work, where employers can award prize money to winning entries. Users can choose from different membership plans, including free and paid subscriptions, which provide various benefits. The mobile app enhances project management and communication for users on the go. With a diverse customer base that includes individuals, small businesses, and large enterprises, Freelancer.com plays a significant role in the global online economy.
De Pere, Wisconsin, United States