This innovative solution aims to address the growing demand for accessible credit, particularly for underserved and unbanked communities Kampala, Uganda | THE INDEPENDENT | PostBank Uganda and MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital micro-lending solution to extend short-term facilities to MTN mobile money subscribers. This …
Read More »PostBank to disburse government COVID-19 relief funds
PostBank Uganda has been appointed to disburse the government COVID-19 relief funds to the select Ugandans heavily impacted by the pandemic Kampala, Uganda | THE INDEPENDENT | PostBank Uganda has been appointed to disburse the government COVID-19 relief funds to the select Ugandans impacted by the pandemic and the ongoing lockdown, …
Read More »BOU defends performance of Agriculture Credit Facility
Kampala, Uganda | THE INDEPENDENT | Bank of Uganda Deputy Governor Dr Louis Kasekende has dispelled claims that the Agriculture Credit Facility (ACF) administered by the central bank was nonfunctional, saying there are success stories to speak for it. Kasekende was speaking at the ten-year anniversary of the facility …
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