Sectors
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Financial literacy key to cooperatives’ success- Kigumba Principal
Samuel Kyaligonza, the Principal, Kigumba Cooperative College in Kiryandongo district, has advised co-operators from the Bunyoro sub-region to acquire financial literacy training if their cooperatives are to succeed. Kigumba is one of…
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Lira district Employees’ SACCO revived after six-year hiatus
The Lira district Employees’ saving and credit cooperative organization (SACCO) has been revived six years after it fell dormant as a result of recurrent challenges. Established in June 2012 with the aims…
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Bunyoro Growers’ Cooperative Union bags Shs 2bn compensation cash
Bunyoro Growers’ Cooperative Union Limited has received Shs 2 bn compensation from the government for losses incurred as a result of the NRA liberation war. This was revealed to Philemon Bagada Rugaaju,…
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Co-operators cry out as new Foot and Mouth disease outbreak hits Lyantonde
Livestock farmers in Lyantonde are desolate following the outbreak of foot and mouth disease (FMD) in the district that has affected milk production and supply. Especially affected are the district’s more than…
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West Lango diocese opens SACCO, elects new leadership
Philip Otim, the Apac District Commercial Officer, has been elected Chairperson for West Lango Multipurpose Cooperative Society Limited. The nascent SACCO was opened last December by the Diocese of West Lango under…
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Government injects Shs 1.6bn into Masindi SACCOs
The government has given Shs1.6 bn to 54 SACCOs in Masindi district under the Presidential Cluster Initiative on Wealth and Job Creation (Emyooga). The cash injection was made in fulfillment of a…
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Farmers shun Agoro irrigation scheme water
Members of Agoro self-help irrigation cooperative society have stopped using water from the scheme blaming it for destroying their crops and causing their gardens to lose fertility. Agoro Irrigation Scheme was rehabilitated…
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SACCOs grappling with fraud, poor governance
A significant number of Savings and Credit Cooperative Organizations (SACCOs) in Uganda have suffered fraud and poor governance, a new report indicates. The report was released by the Project for Financial Inclusion…
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Agoro Cooperative Society loses vegetables worth Shs 40m to strange disease
Members of Agoro Cooperative Society in Lamwo district have lost about 10 acres of crops amounting to an estimated Shs 40 million to a yet-to-be identified disease. The disease, which mostly affected…
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How SACCOs came to dominate Uganda’s Cooperative Movement
As you travel across Uganda, you will not miss a signage with the word “Savings and Credit Cooperative Societies (SACCOs)”. Even businesses that lend money and have nothing to do with formal…
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