Kampala, Uganda | THE INDEPENDENT | Businesses have been encouraged to embrace Environmental Sustainability Governance (ESG) practices which are more than a regulatory requirement, but a strategic move towards enduring sustainability and resilience in a dynamic business environment. The call was made today by PostBank Uganda Managing Director who …
Read More »Annual Bankers Conference to focus on green financing, transparency
Kampala, Uganda | THE INDEPENDENT | Climate change, community welfare and transparency in business are to dominate the 7th Annual Bankers Conference set for June 19. This comes just after the launch of the Environmental, Social, Governance (ESG) National Framework that aims to ensure all financial institutions in the country conduct …
Read More »PostBank enters tier one territory for banks
PostBank Uganda has officially announced its ascension to tier one status after receiving a license from the Bank of Uganda. Kampala, Uganda | THE INDEPENDENT | The bank, as mandated by the law, shall no longer be categorized as a credit institution but as a deposit taking financial institution that …
Read More »PostBank net profit up 16.7%
Supported by earnings on deposits, loans, fees and commission Kampala, Uganda | JULIUS BUSINGE | Tier II lender, PostBank Uganda has reported an increase in profit after tax from Shs8.3bn in 2019 to Shs10bn in 2020 amidst the COVID-19 pandemic crisis. According to its financial results released on May 03, …
Read More »PostBank embarks on digital transformation journey
But the lender faces an uphill task of looping its customers onto it Kampala, Uganda | JULIUS BUSINGE | Tier II lender, PostBank Uganda, is embarking on a digital transformation journey aimed at decongesting customers in the banking halls, cutting down operational costs and driving profits upwards. This follows the …
Read More »BoU’s printing money saga
Behind Nakalema, Akullo investigation Kampala, Uganda | HAGGAI MATSIKO | At 10am on June 12 Col. Edith Nakalema, Assistant Inspector General of Police (AIGP) Grace Akullo and their team arrived at Bank of Uganda (BoU). Nakalema who is the head of the Anti-corruption Unit-State House and Akullo who is the …
Read More »Uganda might look to Kakeeto against Cape Verde on Saturday
Saturday Cape Verde vs Uganda Group L Cape Verde, Uganda, Tanzania, Lesotho It is every footballer’s dream including Robert Kakeeto to pull on a national team jersey for his country. National team duty calls for delivery on focus, commitment and skills with an aim of not disappointing those who have …
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