Finance & Banking
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Masindi Demands New Modern Market
MASINDI – A heave of frustration and anger is boiling over in Masindi Municipality as vendors lash out at the delayed construction of a new modern market under the Markets and Agriculture…
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Don’t Expand Too Fast, SACCOs Warned
MBARARA – Rubindi Parish Priest Rev Fr. Felix Bikwasizehi, patron of Rubindi Farmers’ SACCO has warned cooperative societies not to expand their footprint too quickly. Forming new branches too quickly, he said,…
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Gulu District SACCOs Run On Shoe-string Budget
GULU – About 30 cooperatives in the northern district of Gulu will be kneecapped financially in the 2021/2022 financial year. They have been offered only Shs 7.9 million to run their activities…
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Kwania District Releases Emyooga Cash
KWANIA –After passing the multi-layered fit-and-proper test, at least four out of 36 Savings and Credit Cooperatives (SACCOs) in Kwania district have finally received Shs 30 million each under the Presidential Initiative…
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Microfinance Institutions In Trouble In Kwania
KWANIA –In Kwania and Apac Northern districts Savings and Credit Co-operative Societies (SACCOs) have become the preferred go-to lenders threatening to lock out microfinance institutions. The SACCOs are drawing in huge numbers…
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Street Vending Empties Hoima Central Market
HOIMA – One-by-one, vendors are walking out of a fast emptying Hoima Central Market and pouring onto the crowded city streets to sell their merchandise easily. The abandoned lockups are mainly on…
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Emyooga: Family Probed For Forgery
HOIMA – Accusations of forgery have roared to the forefront in the creation of three Savings and Credit Co-operative Societies (SACCOs) under the Presidential Initiative On Wealth And Job Creation, Emyooga. Imposters,…
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Anger In Hoima As Leaders Cling On To Emyooga Cash
HOIMA –As district authorities in Hoima continue to hold on to certificates of 62 savings and credit co-operatives (Sacco) denying them access to Emyooga cash for weeks, angry complaints are piling and…
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Emyooga Program Is Not Political –Lira RDC
LIRA –Appearing on 88.0 Voice of Lango FM, Lira Deputy Resident Commissioner rigorously fended off pointed allegations that the Presidential Initiative On Job and Wealth Creation, Emyooga program, was introduced to benefit…
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