Absa Creates 159 Jobs in Customer Acquisition Drive

Absa Bank Kenya recently added 159 new jobs in the first half of 2024, aligning with the bank’s growth strategy focused on enhancing customer acquisition. This hiring surge primarily targets customer-facing roles, with a significant number of new hires in sales and positions that directly interact with customers. Absa’s Chief Finance Officer, Yusuf Omari, emphasized that these roles are crucial in driving the bank’s goal of expanding its customer base and service delivery.

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Equity Wins Four Awards at 2024 Euromoney London

Equity Group has achieved a remarkable milestone at the 2024 Euromoney Awards in London, securing four prestigious accolades that highlight its leadership in corporate responsibility and financial services excellence. The awards, including Best Bank for Corporate Responsibility in Africa and Kenya, Best Bank for SMEs in Kenya, and Overall Best Bank in Kenya, underscore Equity’s continued commitment to excellence and social impact.

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Flutterwave Expands Footprint with Uganda License

Flutterwave, a leading global pay-tech company, has made a significant leap by expanding its operations into Uganda. The Bank of Uganda has granted Flutterwave a Payments System Operator (PSO) license, marking a major milestone in the firm’s mission to enhance financial inclusion across Africa. This expansion brings Flutterwave’s reach to 29 African countries, further solidifying its position as a key player in the continent’s digital payments landscape.

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MTN Appoints 4 Directors to its Fintech, Bayobab Boards

MTN Group has announced the appointment of four non-executive directors to enhance its MTN Group Fintech and Bayobab businesses. Herman Bosman has been named independent chairman of MTN Group Fintech, bringing his extensive experience from his tenure as CEO of Rand Merchant Investment Holdings and RMB Holdings. Bosman’s role will begin on July 1, 2024, and he is expected to leverage his deep understanding of the financial services industry to advance MTN’s fintech strategy.

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