Arua Central Police Station has apprehended five Post Bank staff members over their suspected involvement in the theft of Shillings 138 million. Among the detainees are Leonard Lakwey, the Operations Manager, Walter Feni, the Customer Service Officer, as well as banking officers Resty Lunkuse, David Tenywa, and Brian Olara Okidi, all stationed at the Arua…
In a significant stride towards enhancing financial accessibility, Housing Finance Bank has joined hands with PostBank and Pride Microfinance Limited to establish a partnership with Airtel Money Uganda. This collaboration aims to facilitate the effortless distribution of Parish Development Model (PDM) funds by the Government of Uganda via the Wendi mobile wallet platform. This strategic…
Introducing children to the world of banking is an essential step toward fostering financial literacy and responsible money management skills. In Uganda, financial institutions offer a range of specialized banking products tailored for young savers. This article delves into a comparative review of banking products for children in Uganda, highlighting their features, benefits, and how…
PostBank and MTN Uganda have collaborated to introduce the innovative mobile wallet platform called “Wendi,” aimed at facilitating the seamless distribution of funds for the Parish Development Model (PDM) in Uganda. Wendi, powered by PostBank, is an electronic payments platform that focuses on group savings, funds management, and digital money transfers, deposits, and withdrawals. It…
