News
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Alebtong Emyooga SACCOs struggling to recover over Shs 510mln
ALEBTONG, November 22, 2024 At least 17 Emyooga Savings and Credit Organisations [SACCOs] in Ajuri County, Alebtong district, are facing challenges in recovering over Shs 510 million that was advanced to various…
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ICA Global Cooperative Conference 2024 begins on Monday
KAMPALA, November 22, 2024 — On Monday next week The 2024 ICA Global Conference will hit Indian soil for the first time in its 130 years! New Delhi will host cooperators from…
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Masindi residents asked to embrace coffee growing to improve household incomes
MASINDI, November 22, 2024 — Residents of Masindi district have been challenged to engage in coffee growing as one way of improving their household income. The call was made by Father Joseph…
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Uganda’s annual coffee exports yield Shs 5.6trn
KAMPALA, November 22, 2024 — Uganda’s coffee exports for the twelve months from November 2023 to October 2024 totaled 6.38 million bags, generating US$ 1.46 billion [approximately Shs 5.6 trillion]. This is…
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Ntungamo district boss calls for regular training of SACCO leaders
NTUNGAMO, November 21, 2024 – Samuel Mucunguzi, the LCV Chairperson of Ntungamo district, has called for regular training of leaders, and managers of Savings and Credit Cooperative Organisations [SACCOs], arguing that such…
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Masindi officials decry dependency syndrome for cooperatives
MASINDI, November 21, 2024 – Masindi Municipal Council officials have expressed concern over the failure of Savings and Credit Cooperative Organisations [SACCOs], and some producer cooperatives to sustain themselves. This concern was…
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MP Auma offers seed capital to 10 VSLAs in Kwania district
KWANIA, November 21, 2024 – Kenny Auma Lapat, the Kwania district Woman Member of Parliament, has made a generous donation of Shs 2 million to 10 Village Savings and Loan Associations [VSLAs]…
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ADF releases initial support of US$ 99mln to finance the development of rice cultivation value chains in West Africa
ABIDJAN, November 21, 2024 — The Board of Directors of the African Development Fund [ADF] has approved initial funding of US$ 99.16 million to develop regional rice cultivation value chains as part…
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Uhuru at 10: CEO says organisation aims to become a global brand in the next decade
KAMPALA, November 21, 2024 – The cooperative movement in Uganda is emerging from dormancy to reclaim its rightful place in the country’s socio-economic development. Among the key stakeholders driving the strengthening of…
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Stanbic increases ceiling for unsecured SACCO loans to Shs 4bln
KAMPALA, November 20, 2024 – Stanbic Bank has raised the ceiling for unsecured SACCO loans to Shs 4 billion, up from the previous limit of Shs 200 million, with an interest rate…
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