Home > 2020 > August (Page 5)
Banking

Absa Group Earnings Decline as Economic Impact of COVID-19 Increases Impairment Charges

Daniel Mminele, Absa Group Chief Executive Absa Group Ltd. today reported an 82% decline in normalised interim earnings after impairments increased four-fold to R14.7 billion. Impairment charges rose as customers and clients struggled to repay debt and as the Group took decisive action to increase impairment provisions against future potential

Read More
News

Mulago Hospital Boss: We’ve Never Received COVID-19 Funds Yet Some Patients Want Only Chicken & Beef!

Mulago National Referral Hospital has revealed that it has never received a single penny from Government to manage COVID-19 patients despite Uganda confirming the outbreak of the deadly disease in March 2020. Dr. Byarugaba Baterana (pictured), the Mulago Hospital, Executive Director made the revelation today while appearing before Parliament’s Public

Read More