SchoolPay Savings launched to Ease School Fees Burden The burden of school fees remains a challenge despite education being crucial, but the SchoolPay Saving solution, partly addresses that challenge by providing a simple and convenient way to save for purposes of school fees.

“This is a transformative synergy of the financial and education sectors,” said Denis Kizito, Director of Market Supervision at the Capital Markets Authority. Speaking at the launch of SchoolPay Savings at Fairway Hotel in Kampala, he said, “It’s a testament to the power of collaboration, bringing together Sanlam, FinCom, and Airtel.” The burden of school fees, Kizito said, remains a challenge despite education being crucial. Therefore, he noted the solution partly addresses that challenge by providing a simple and convenient way to save.” A shift from long queues to seamless payments In the early 2000s, term openings were often marked…