Matooke Republic
Thursday, December 18, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Absa Bank Uganda completes planting of One Million Trees ahead of committed three-year timeframe

Matooke Republic by Matooke Republic
December 16, 2025
in Events
Reading Time: 3 mins read
Share on FacebookShare on Twitter

Absa Bank Uganda has today announced having achieved its commitment of planting one million trees ahead of the three-year time that was set when the programme commenced in February 2023.

During the programme’s implementation, 340,590 trees were planted in 2023, and 372,641 trees were planted in 2024, and 568,086 trees were planted in 2025. This has brought the total trees planted by August 2025 to 1Million trees, and currently at 1,281,317.

Speaking during a tree planting activity at Kyanja View Primary School, Marketing and Customer Experience Director, Helen Basuuta Nangonzi, said: “We are cognisant of the need for collaborations and partnerships in addressing the impact of climate change. I am glad that through different partnerships, we have achieved this milestone that aligns with our commitment to build community resilience while mitigating the impact of climate change. We will continue planting and growing more trees because of the critical role they play in environmental stewardship and biodiversity conservation.”

RELATED POSTS

New Nursing School Inaugurated at IUIU’s Female Campus: A Milestone for Women’s Education in East Africa

Business mogul Bob Kabonero hosts Uganda’s business elite to an Exclusive Year-End Johnnie Walker Blue Club Experience

To achieve this milestone, Absa partnered with several organisations including My Tree Initiative, the Ministry of Water and Environment under the Running out of trees (ROOTS) initiative, Kampala Capital City Authority (KCCA), Rotary Uganda, Makerere University, Uganda Biodiversity Fund, and Mwiri Old Boys Association, among others.

“Our drive to be a force for good is anchored in our desire to address societal challenges and inequities. Financial exclusion leaves many without essential banking services, climate change threatens agriculture and livelihoods, and persistent inequalities slow national progress. As a bank, we are positioned to help address these challenges through the solutions we design, the partnerships we forge, and the way we deploy capital,” Basuuta added.

She further emphasised Absa’s commitment to inclusive growth. “Our focus on financial inclusion ensures that individuals, SMEs, and underserved communities can participate meaningfully in the economy. This informs how we structure credit, expand access channels, and tailor advisory services. Beyond financial literacy, we are intentional about enabling people and businesses to access financing, grow, and create jobs, directly contributing to Uganda’s development agenda.”

Enjer Ashiraf, the Executive Director, My Tree Initiative, commended the partnership, noting, “We are honoured to have partnered with Absa Bank Uganda on this remarkable achievement. This milestone demonstrates the power of collaboration and collective action towards a greener, more sustainable future.”

Uganda’s National Development Plan (NDP) IV identifies vulnerability to climate change as a major threat to sustainable development, highlighting increasing extreme weather events such as floods, landslides, and droughts. Unsustainable use of natural resources has contributed to a decline in national forest cover from 24% in 1990 to 13.3% in 2022, while wetland cover dropped from 15% to 13% by 2019, underscoring the urgency of restoration efforts.

Related

Tags: Absa Bank Uganda Human Capital Director Sylvia MulomiTree Planting
Share1Tweet1Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Equity Bank Managing Director Gift Shoko leads a tree planting exercise at St. Julian Secondary School.

Equity Bank launches 1,000-tree planting drive at St. Julian Secondary School

by Matooke Republic
2 months ago

...

Absa Staff and Buwagga SS students at the start of the 1000 tree planting exercise to commemorate World Earth Day.

Absa Bank Uganda advances 1 million tree goal with Earth Day initiative in Wakiso

by Matooke Republic
8 months ago

...

UBA Uganda launches nationwide tree-planting campaign to grow 10,000 trees

by Matooke Republic
8 months ago

...

Church of Uganda introduces new burial practice, replacing the tradition of laying wreaths on caskets with tree planting

by Matooke Republic
9 months ago

...

Absa Bank Uganda Human Capital Director Sylvia Mulomi shares tips.

Absa Bank Uganda Director tips HR practitioners on organisational culture, work ethic

by Matooke Republic
2 years ago

...

Next Post

Why Uganda Airlines is experiencing an operational crisis

South Africa’s Dlala Thukuzin to headline 1420’s first anniversary celebrations

RECOMMENDED

An Exclusive Mongolian Night Experience At Kabira Country Club On New Year’s Eve

December 18, 2025

How biometric machines will be used in the 2026 elections

December 18, 2025

MOST VIEWED

  • Sudhir Ruparelia unveils luxury Pool Pavilion at Speke Resort Munyonyo

    20 shares
    Share 8 Tweet 5
  • I sold everything I owned to fund my campaigns—Walukaga

    18 shares
    Share 7 Tweet 5
  • 86-year-old Gen. Moses Ali advised to stay away from campaigns

    31 shares
    Share 12 Tweet 8
  • Business mogul Bob Kabonero hosts Uganda’s business elite to an Exclusive Year-End Johnnie Walker Blue Club Experience

    14 shares
    Share 6 Tweet 4
  • Why Uganda Airlines is experiencing an operational crisis

    12 shares
    Share 5 Tweet 3
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.