Between December 2012 and June 2014, William Barigye, an employee at the Ministry of Internal Affairs, discovered that money meant for him had been going to another person’s account at PostBank (now Pearl Bank). Barigye worked as an assistant commissioner in the Legal and Inspectorate Services Department. He maintained his personal bank account at Centenary…
Pearl Bank (formerly PostBank) has been ordered by the Industrial Court to pay Shs 78.9 million to a senior manager it unfairly and unlawfully dismissed nine years ago. Paul Ndhego joined PostBank in May 2009 as a branch manager before rising through several positions. By December 2012, he had become credit manager in charge of…
The minister of state for Microfinance, Haruna Kasolo Kyeyune, has commended Stanbic Bank Uganda for its innovative FlexiPay platform, saying it has significantly advanced the country’s financial inclusion agenda. Speaking during the 3rd National Microfinance and Savings Group Conference at Hotel Africana, Kasolo said FlexiPay has become a key driver in bridging the gap between…
Pearl Bank Uganda, formerly PostBank and Stanbic Bank Uganda, have partnered and integrated their digital wallets, Wendi and FlexiPay, to enhance financial inclusion across the country. This collaboration, which prioritises cooperation over competition, will enable seamless transactions at reduced fees for over one million users of both platforms, making financial services more accessible and affordable….
