Joshua Nahamya
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Cooperatives & Communities
Mushanga SACCO celebrates 50 years of growth
Mushanga Co-operative Savings and Credit Society Limited celebrated its Golden jubilee anniversary in a ‘scientific’ 2019 Annual General Meeting (AGM) held over the weekend. According to its General Manager, Gorden Nankunda, the…
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Cooperatives & Communities
Lyamujungu Cooperative reinvests all dividends to settle outstanding loan
Members of Kabale-based Lyamujungu Co-operative Financial Services Ltd have resolved to reinvest all their dividends in order to absorb the effects of the COVID-19 pandemic that has affected many financial institutions in…
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Cooperatives & Communities
Bishop Stuart University, Cooperatives to collaborate on internship placement
Bishop Stuart University has put in place collaborations with more than 50 cooperatives where their students can go for hands-on internship practice and skills training. The revelation was made last week by…
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Butuuro SACCO holds ‘scientific’ AGM, members reinvest 50% dividends to recover from COVID-19 slump
Members of Butuuro People’s SACCO, Bushenyi Municipality, have agreed to use part of their dividends to buy shares from their SACCO in a bid to refinance it as it struggles to recover…
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Development
Many SACCOs face collapse in 2021- Expert
2021 is likely to see the collapse of many Savings and Credit Cooperative Organisations (SACCOs), Leonard Okello, Executive Director of the Uhuru Institute, has predicted. The institute is a leading provider of…
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