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Tag Archives: Post Bank

Uganda bankers chairman urges entities to embrace ESG

  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 …

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Five Post Bank staff arrested over theft of sh138million

Arua, Uganda | THE INDEPENDENT |  Arua central police station is holding five staff of Post Bank over the alleged theft of Shillings 138 million. The suspects include Leonard Lakwey, the Operations Manager, Walter Feni, the Customer Service Officer, Resty Lunkuse, David Tenywa, and Brian Olara Okidi, all banking officers at …

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Post Bank in spotlight as parliament questions PDM money tansfers

Kampala, Uganda | THE INDEPENDENT |  Legislators have expressed discontent over the reported fraud surrounding disbursement of funds under the Parish Development Model (PDM) to beneficiaries. MPs are primarily concerned with the Wendi mobile Application used by Post Bank to transfer funds to beneficiaries, which is said to have been …

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Mbarara Post Bank credit officer remanded over UGX 500,000 bribe

Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has remanded Danson Nahurira a Credit Officer with Post Bank Mbarara Branch for allegedly receiving an inducement of 500,000 Shillings. Nahurira was arraigned before Court presided over by Grade One Magistrate Esther Asiimwe on Friday and charged with one count …

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Court orders retrial of a case against Post Bank

Kampala, Uganda | THE INDEPENDENT | The Court of Appeal sitting in Kampala has overturned the ruling of the High Court that had dismissed an appeal by Post Bank Limited forcing it to pay a one William Barigye money that had been erroneously credited on another client’s account. According to court …

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Elders in Moroto concerned over delayed SAGE payments

Moroto, Uganda | THE INDEPENDENT | The elders in Moroto district have expressed concern over delay in the payment of their money under the Social Assistance Grant for Empowerment (SAGE) program. The SAGE is a social transformation program in which the government hands out cash to old persons aged 80 years …

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Former Post Bank officials lose bid to block suspension

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed with costs an application by five Post bank officials challenging their suspension without a fair hearing. They are Stephen Mukweli, the Managing Director, Safina Wabuna Nakiyemba, the Executive Director for Information and Communication Technology, David Mwesige, the head …

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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 …

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