Finance & Banking
-
Kwania boda operators Protest government tax
A government-pushed proposal to levy an extra tax of Shs 50,000 on motorcycles has touched off a fierce debate and protest among members of Kwania Boda Boda Savings and Credit Cooperative Society…
Read More » -
Rwampara SACCOs Get Nod To Borrow Emyooga Funds
RWAMPARA – April 14 was a day of celebration and a moment of renewed hope for members of saving groups in the Western district of Rwampara after they got the official nod…
Read More » -
Emyooga accounts Frozen over cash theft
KIKUUBE – A slow-simmering scandal over the theft of Emyooga cash from a SACCO bank account in the western district of Hoima and the arrest of a local official there has brought…
Read More » -
Cooperative fight over assets Spilled into public view
Enock Rusibika, the chairman and his co-executive leaders of Rubaya Cooperative Society Ltd, are battling very damaging accusations of selling the cooperative’s truck registration number UAJ 9791W in March without consulting members.…
Read More » -
SACCO Boss Jailed Over Emyooga Cash Theft
KIKUUBE –Authorities in the Western District of Kikuube have arrested John Paul Mugabi, the chairman of Buhaguzi Constituency Mechanics Saving and Credit Co-operative Society (SACCO), on suspicion of stealing Shs 21 million…
Read More » -
Tempers flare in Kwania over ‘emyooga money
The long-delayed release of emyooga funds, poverty eradication cash, in Kwania is fanning a wave of raging anger in the Northern District. Aduku Town Council leaders have asked the government to explain…
Read More » -
Odongo was poor but Loro-Oyam Sacco lifted him out of poverty
In 2016 Pasquelli Odongo, 42, dreamt of building a residential house in his village, Ayom-Apwono, in Aber Sub County, and five years later he is a proud owner of a modest three-room…
Read More » -
Hoima Sacco, Government clash over Shs 50m loan
HOIMA – In a speech at the annual general meeting of the Hoima District Referees Saving and Credit Co-Operative Society (Sacco), Board Chairman Patrick Kunihira, publicly voiced his concern about a deliberate…
Read More » -
Long-dormant sacco in Masindi bounces back
A long-dormant savings and cooperative credit society has been revived. The Masindi Savings and Cooperative Credit Society Limited has been revived by members after a two-year lull. The SACCO membership comprises mainly…
Read More »