Cooperatives & Communities
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Kakumiro: PDM SACCOs to receive Shs 11bln
KAKUMIRO – The State Minister for Kampala, Kabuye Kyofatogabye officially launched the disbursement of a total of Shs 11 billion to the beneficiaries of the Parish Development Model [PDM] in Kakumiro district…
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New ICA Youth Leadership Exchange Programme aims to empower young cooperators
BRUSSELS – Five young people from Uruguay, Mexico, Ireland, Egypt and Indonesia met in Spain for a Youth Leadership Exchange Programme. The scheme forms part of a 10-day learning journey that will…
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Misuse of PDM funds worries Acholi leaders
GULU – Leaders in Acholi Sub-region are worried that the recently disbursed Parish Development Model [ PDM ] funds will leave the targeted beneficiaries still poor because they have spent the money…
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Lango cultural leader calls for revival of cotton growing
Lira– The Paramount Chief of Lango Cultural Foundation, Mzee Yosam Odur Ebii, has called on farmers in the region to revive growing of cotton as one of the approaches to improving household…
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CBS PEWOSA SACCOs empower community growth and economic inclusion in Buganda: Part I
By H. Mulindwa Wamala Meaning of SACCOs The word SACCOs is meant to describe grassroots self-help organisations built on the principles of mutual understanding, group interest, and collective ownership. SACCOs is an…
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Regulating large SACCOs: UCSCU drags BoU to court
KAMPALA – Uganda Cooperative Savings and Credit Union [UCSCU] has dragged Bank of Uganda [BoU] and the Attorney General to High Court in Kampala, saying the central bank does not have the…
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OCP Foundation backs over 800 cooperatives in Morocco
RABAT – The OCP Foundation has committed to nurturing and guiding over 800 cooperatives in Morocco and other African countries, aligning with its ambition to bolster its ecosystem and stakeholders through social…
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MP Auma asks women to embrace PDM
LIRA – The Woman Member of Parliament representing Lira district, Linda Auma has called upon women to pick interest in the Parish Development Model [PDM] and Uganda Women Entrepreneurship Programme [UWEP] if…
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Stanbic Bank loans to SACCOs hit Shs 55bln
KAMPALA – Savings and Credit Cooperative Societies [SACCOs] have so far received loans worth Shs 55 billion from Stanbic Bank Uganda, according to Patrick Twinamatsiko, the head of SACCOs business at Uganda’s…
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Kenya: Real estate takes biggest share of SACCO loans
NAIROBI – Land and housing consumed the largest share of loans Kenyan SACCOs issued to their members in 2022, the latest data by SACCO Societies Regulatory Authority [SASRA] shows. According to the…
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