Finance & Banking
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Mbarara: Emyooga kick off stalls due to registration delays
Kick-off of the Presidential Wealth Creation Initiative (Emyooga) in Mbarara district has stalled due to delays in the registration process, Mbarara District Commercial officer (DCO), Vincent Nuwagaba, has told theCooperator. According to…
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Abulomogo Maize Farmers’ SACCO members receive farm inputs
Members of Abulomogo Maize Farmers’ SACCO have received farm inputs from Ngetta Tropical Holdings, with funding from Micro the Finance Support Centre, to promote sunflower growing. Abulomogo Maize Farmers’ SACCO, formerly called…
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Co-operatives turn to external loans as COVID-19 continues to bite
As the aftereffects of the COVID-19 global pandemic continue to rattle businesses even at the local level, a number of cooperatives have resorted to external loans in order to boost their liquidity.…
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Kwania district launches Teachers’ SACCO
Kwania district officials have launched a teachers’ savings and credit cooperative organization (SACCO). The SACCO, which will accommodate all 1,074 teachers of primary and secondary public schools in the district, was launched…
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Unlicensed SACCOs risk closure, accused of preying on savers
Members of unlicensed Savings and Credit Cooperative Societies (SACCOs) are at risk of losing their hard-earned savings, Philip Otim, the Apac District Commercial Officer, has warned. Available figures indicate that there are…
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Incoming Mwizi SACCO leadership cautioned on integrity
Bob Bariyo Barigye, the Commissioner for Cooperative Development and acting Registrar of Cooperative Societies has called for good governance if cooperatives are to thrive. Barigye made the remarks Friday while officiating at…
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Boda boda operators urged to form SACCOs
Boda Boda operators in Aduku Town Council, Kwania district have been urged to form Savings and Credit Cooperative Societies (SACCOs) as one way to promote economic growth and social cohesion among them.…
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Kwania: Emyooga cash delay worries SACCOS
Members of Credit Co-operative Societies (SACCOs) in Kwania district under the Emyooga program have expressed frustration after they were informed that they have to carry on with saving for some time before…
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SACCOs urged to invest savings
Savings and Credit Cooperative Organisations (SACCOs) have been urged to invest their savings in order to grow their profits. Gulu City Mayor-Elect, Alfred Okwonga, who was over the weekend speaking to members…
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Financial literacy key to cooperatives’ success- Kigumba Principal
Samuel Kyaligonza, the Principal, Kigumba Cooperative College in Kiryandongo district, has advised co-operators from the Bunyoro sub-region to acquire financial literacy training if their cooperatives are to succeed. Kigumba is one of…
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