banks in Uganda

Stanbic Bank loses close to 1 billion to an embezzler

Stanbic Bank Uganda has lost 800 million to one employee in form of fraud that has shaken the businesses of the company. The fraudster Abdu Karim admited before police at the Central Police station (CPS) in Kampala that he used the company’s money but the intention was not theft. Karim says that he was going […]

National Water and Sewerage Corporation goes tech with E-water

The National Water and Sewerage Corporation (NWSC) has introduced a new method of payment for water bills that will save their customers queues at their (NWSC) counters. This innovation has been branded as “E-Water”. The Managing Director Dr. William Muhairwe says that customers can now pay their bills by mobile money, scratch cards, mobile banking […]