Finance & Banking
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54 SACCOs to benefit from Emyooga in Masindi
54 SACCOs have been formed out of over 1000 groups which were registered to benefit from the Presidential Wealth, Job Creation Initiative, commonly known as Emyooga, in Masindi district. Before they can…
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Cooperatives can aid women economic recovery – Experts
Cooperatives can help deliver the country’s socio-economic goals in a post-COVID-19 world, enhance resilience and promote women’s inclusion in government’s economic recovery programs, experts believe. According to Monica Emiru Enyou, the Executive…
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Munaku Kaama SACCO tipped on mechanisms to mobilize savings, recover loans
As many cooperatives across the country continue to grapple with the COVID-19 pandemic’s disruption of mobilization of members’ savings and recovery of loans, cooperators have been tipped on member-centered strategies they can…
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West Nile veterans to benefit from Shs 150m UN Women funds
Eight active veterans’ SACCO groups in West Nile are set to benefit from Shs 150m under the United Nations Women Funds (UNWF). According to Mike Mabonga Wambi, Commissioner Rehabilitation, Psycho-social Support and…
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Bwijanga Coffee Farmers’ Cooperative Society launches saving scheme
Members of Bwijanga Coffee Farmers’ Cooperative Society in Bwijanga Sub County, Masindi, have launched a saving scheme which they hope will help them to boost their income. Speaking at the scheme’s launch,…
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Mbarara industrial park nears completion, locals tipped to utilize the modern facility
As Mbarara City and its neighboring districts warm up to receive a state-of-the-art industrial park, locals have been tipped to make the most of the soon-to-be-completed facility to improve their economic fortunes.…
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Nebbi Municipality battles to recover women entrepreneurship funds
Authorities in Nebbi Municipality are engaged in a struggle with women groups in Nebbi municipality to recover funds that the government of Uganda distributed under Uganda Women Entrepreneurship Program (UWEP). The UWEP…
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Museveni honours Shs 100m pledge to Gulu University SACCO
President Yoweri Museveni has given Shs 100m to Gulu University, in fulfilment of a pledge he made to the institution’s staff SACCO. While officiating at the University’s 15th graduation ceremony in January…
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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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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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