Organisations
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Roadside Business Loans Spur Trade In Nebbi
NEBBI – Loans may keep some people sad and trapped in a cycle of debt, especially when they outpace one’s savings. But Agnes Akumu, 45, a roadside clay pot dealer, is all…
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Members Get SACCO Managerial Training
GULU – At least 80 members of Savings and Credit co-operatives from 17 rural groups, with little or no managerial skills of their own, have received training in managing SACCOs formed under…
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Gulu Market Vendors Locked In Bitter Fight
GULU – The fast sprouting street markets in Gulu city have teed up a fierce battle between vendors in Gulu main market and roadside traders. Vendors in the main market are looking…
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Seventeen SACCOs pass fitness test, get registration certificates
SOROTI – Seventeen out of 18 Saccos in Soroti City East Division passed the fit-and-proper test and finally got their certificates of registration and bylaws from the registrar of cooperatives. The certificates,…
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New Sacco to give out Cheap loans in Hoima
The newly launched KASSOBA SACCO is on course to open with offers of cheap loans to members of Kabalega Secondary School Old Boys Association (KASSOBA). The official launch was on April 3…
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Cooperative slashes fees to attract new members
To shore up its numbers, Lira Diocese Multipurpose Cooperative Society Limited has slashed its membership fee from Shs 50,000 to Shs 30,000 to encourage registration of new members with minimal fees. In…
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Lira DCO, four others remanded for forgery of SACCO documents
Court has remanded Lira District Commercial Officer (DCO), Josephine Alobo, and four others to jail for alleged forgery of SACCO documents contrary to section 34 of the Penal Code Act. Alobo appeared…
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Market vendors tipped on SACCO formation
Hoima oil-City authorities have challenged vendors operating in different markets in the area to form Saving and Credit Co-operative Societies (SACCOs) as one way of improving their economic status. This call was…
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North Kyoga Police warns against new SACCO scam
Police in North Kyoga Region has cautioned the public about a recent scam that specifically targets SACCOs and warned people against giving their money to individuals they do not know personally if…
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SACCOs urged to embrace tech, digital lending
Savings and Credit Cooperative Societies (SACCOs) have been urged to embrace the latest technological innovations in order to catch up with market trends and safeguard their market share. Speaking during a one-week…
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