• Latest
Absa Bank Convenes Data Privacy Summit to Boost Ethical Banking

Absa Bank Convenes Data Privacy Summit to Boost Ethical Banking

1 month ago
Makerere and Astria Learning Sign MoU to Enhance Digital Learning

Makerere and Astria Learning Sign MoU to Enhance Digital Learning

11 hours ago
Researchers Urged to Turn Natural Resources into Marketable Products

Researchers Urged to Turn Natural Resources into Marketable Products

13 hours ago
Entebbe Airport: Passenger Traffic Hits 226K as Cargo Volumes Rise

Entebbe Airport: Passenger Traffic Hits 226K as Cargo Volumes Rise

13 hours ago
Ggoobi Woos UAE Investors with Assured 14% ROI, 30% Return on Equity

Ggoobi Woos UAE Investors with Assured 14% ROI, 30% Return on Equity

13 hours ago
Airtel Money to Empower Agents with ‘Easy Float’ Loan

Airtel Money to Empower Agents with ‘Easy Float’ Loan

14 hours ago
Besigye Honoured with Akufo-Addo Africa Democracy Award

Besigye Honoured with Akufo-Addo Africa Democracy Award

16 hours ago
SoftPower News
Thursday, October 30, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

Absa Bank Convenes Data Privacy Summit to Boost Ethical Banking

by Muhamadi Byemboijana
September 24, 2025
Absa Bank Convenes Data Privacy Summit to Boost Ethical Banking
33
VIEWS

Absa Uganda has today hosted an industry-wide workshop focused on the critical importance of data privacy in the digital age in an effort to boost and uphold the highest standards of ethical banking and customer protection.

Under the theme, “Data Privacy is a Driver of Customer Trust and Brand Equity,” the workshop was organised to enable collaborative dialogue on best practices, regulatory compliance and the strategic value of robust data protection frameworks

Related Stories

CDF Urges Officer Cadets to Defend Africa, Ensure Stability and Prosperity

Sheila Gashumba, Dj Litto add Flavor to Chop Life

Over 300 Barley Farmers in Rwenzori Region Recognised

In his opening remarks at the workshop, Absa Uganda Managing Director, David Wandera, emphasized that,

“Today’s dialogue reinforces that data integrity is the bedrock of modern finance. As industry leaders, our responsibility is not only to implement robust systems, but also to develop and promote a culture of transparency, accountability and swift action. This commitment is what transforms the regulatory duty of data protection into a powerful driver of customer confidence and sustainable industry growth.”

 

The workshop brought together a diverse group of key stakeholders, including representatives from the Personal Data Protection Office, leading financial institutions, innovative fintech companies and insurance firms.

This collective participation underscores the shared responsibility across the sector to safeguard customer information.

 

“In today’s interconnected world, data is a valuable asset, and protecting it is not just a regulatory requirement but a fundamental cornerstone of customer trust,” said Ruth Kagabane, Director of Compliance at Absa Uganda.

“A strong data privacy posture is directly linked to strengthening brand reputation and equity. This workshop aims to proactively create a platform for industry-wide collaboration, ensuring we collectively build a more secure and trustworthy financial ecosystem for Uganda.”

 

The agenda featured expert-led sessions, panel discussions and interactive segments designed to address contemporary challenges and opportunities in data management.

 

Speaking on behalf of the Executive Director, Supervision Bank of Uganda, Sophia Kironde, thanked the organisers and underscored the strategic importance of compliance, saying,

 

“While many fear the costs of compliance, we must recognise that the financial and reputational risks of non-compliance are invariably far higher especially when it comes to financial data. I commend Absa Uganda for holding this critical dialogue as we continue working together to improve the stability and integrity of our entire financial sector.”

 

Tags: AbsaSoft PowerSoftPowerNewsTop News Uganda

Recent Stories

Makerere and Astria Learning Sign MoU to Enhance Digital Learning

Researchers Urged to Turn Natural Resources into Marketable Products

Entebbe Airport: Passenger Traffic Hits 226K as Cargo Volumes Rise

Ggoobi Woos UAE Investors with Assured 14% ROI, 30% Return on Equity

Airtel Money to Empower Agents with ‘Easy Float’ Loan

Besigye Honoured with Akufo-Addo Africa Democracy Award

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?