Cooperatives & Communities
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Gov’t readies extra Shs 134bln for best SACCOs
KAMPALA – Government through the Finance ministry has approved Shs 134 billion to be given as additional seed capital to 6,721 best performing SACCOs across the country. The ministry in an update…
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Monitoring and evaluation key to success of SACCOs
There has been tremendous growth in the cooperative sector in Uganda. Statistics from the Ministry of Trade, Industry, and Cooperatives show that Uganda has over 41,621 registered cooperative societies under their various…
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Apac PDM SACCO leaders arrested over missing funds
APAC – Police in Apac district have arrested four PDM SACCO leaders for failure to account for Shs 51 million meant for the beneficiaries of the Parish Model [PDM]. The SACCO leaders…
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aBi Finance injects Shs 120bln in green agribusiness
MBARARA -aBi Finance Limited in partnership with local commercial banks, Microfinance Deposit-taking Institutions [MDIs], and SACCOs has so far sunk Shs 120 billion in the agribusiness sector in form of cheap credit.…
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You are not beneficiaries of PDM, SACCO leaders, politicians told
APAC – The government has excluded members of the Parish Development Committees [PDCs] as well as politicians at the LCII level from benefiting from the Parish Development Model [ PDM ]. The…
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ACCOSCA promoted to WOCCU direct member organisation
VANCOUVER – World Council of Credit Unions [WOCCU] has an additional direct member organisation. This follows the approval of the African Confederation of Cooperative Savings and Credit Association’s [ ACCOSCA ] promotion…
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Canadian credit unions are number one choice for small businesses, global conference hears
VANCOUVER – Credit unions’ cooperative principles and values-based services are what has set Canadian credit unions apart from other financial institutions, the leader of the Canadian Credit Union Association [CCUA] recently told attendees at…
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Alebtong VSLAs get Shs 60mln soft loan from Islamic Development Bank
ALEBTONG – Islamic Development Bank has given a Shs 60 million soft loan to four village savings and loans associations [VSLAs] in Alebtong district. The money was provided through Local Economic Growth…
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Emyooga beneficiaries in Lira record success
LIRA – The Beneficiaries of the Presidential Initiative on Job and Wealth Creation [Emyooga Programme] in Lira City are reporting success since the programme was rolled out four years ago. The Emyooga…
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