Finance & Banking
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Cooperative Societies urged to tap into Oil sector opportunities
Hoima district LC V Chairperson, Kirungi Kadiri, has challenged farmers under cooperative societies to prepare themselves to take advantage of the myriad opportunities likely to be created by Uganda’s emerging oil and…
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Masindi Municipality Councillors irked by delayed disbursement of Emyooga funds.
Councillors from Masindi municipality are disappointed by the delayed disbursement of over Shs 500m meant to fund more than 10 Emyooga SACCOs in Masindi Municipality. The Councillors, who expressed their discontent at…
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Kikuube: 36 SACCOs receive Emyooga funds
Members of 36 Credit Cooperative Societies (SACCOs) in Kikuube district have received certificates from the Microfinance Support Centre (MSC), enabling them to access over Shs1 bn that was earlier wired to their…
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Poor management to blame for collapsing Lango SACCOs-Expert
Savings and Credit Cooperative Organizations (Saccos) in Lango Sub-region are collapsing due to mismanagement, experts have said. Speaking during a 5-day training of Acan-pe-Kun SACCO members on Thursday, the Chief Executive Officer…
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Kasese journalists’ SACCO gets Emyooga cash
Journalists associations under the umbrella Kasese Municipality Journalists Saving and Cooperative SACCO have received Shs 30m under the Presidential Wealth Creation Initiative, Emyooga. While meeting the Chairpersons of different media associations in…
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Aduku ‘Road Gang’ forms SACCO
Laborers employed to carry out road maintenance within Aduku town council, Kwania district, have formed a Savings and Credit Cooperative Society (SACCO). The SACCO, dubbed “Aduku Town Council Road Gangs’ SACCO Limited,”…
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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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