The newly-elected chairperson of Uganda Bankers' Association (UBA), Mr Julius Kakeeto, says e-Fraud is one of the major challenges in the banking sector that he believes is on a roll.
The Minister of Local Government, Raphael Magyezi has blasted the Ministry of Finance team and Post Bank bosses for shunning a crucial meeting last Friday to discuss the way forward for Parish Development Model (PDM) and diversion of taxpayers' money to the new mobile wallet, Wendi. In a stormy meeting that lasted over five hours,
Mr Danson Nahurira, 47, a credit officer at Post Bank, Mbarara branch appeared before Grade One Magistrate, Esther Asiimwe at the Anti-Corruption Court who read to him the charges before.