PostBank’s 5-year transformation journey bears fruit ANALYSIS | THE INDEPENDENT | Over the past few years, PostBank Uganda has embarked on an ambitious journey to revamp its operations, harness technology, and redefine customer experience. For a fully government owned financial institution, embracing transformation has been a strategic imperative. In a rapidly …
Read More »Banks urged to enhance measures against rising fraud
There’s a dramatic rise in loan fraud, which surged to 46.5% as of June, up from 23.3% in March 2024 Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s banking sector is confronting a significant increase in fraud incidents, prompting experts to call for more stringent measures to address the escalating threat. Julius …
Read More »Gov’t yet to disburse UGX 1.4Bn relief cash
Kampala, Uganda | THE INDEPENDENT | 1.4 Billion Shillings is yet to be disbursed to vulnerable people as Covid-19 relief cash. This was revealed by Julius Kakeeto, the Post Bank Chief Executive Officer and the Executive Director Andrew Kabeera on Friday while appearing before the joint parliamentary team, comprising the Public and …
Read More »Post Bank gets new managing director
Kampala, Uganda | THE INDEPENDENT | Julius Kakeeto has been appointed the new managing director of Post Bank Uganda Limited. He replaces Stephen Mukweli who is battling charges of misconduct at the bank. Kakeeto has been heading Orient bank for the four and half years and is credited for turning …
Read More »Orient Bank launches new Medical and Life insurance cover
Kampala, Uganda | THE INDEPENDENT | Orient Bank, a leading commercial bank in Uganda, has officially unveiled a combined Medical and Life Insurance cover dubbed MediLife, a first of its kind in the market, in partnership with the world’s oldest, largest and strongest insurance company, Prudential and Uganda’s leading Health Membership …
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