Financial
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Masindi Crime Preventers form SACCO
Crime preventers in Masindi district have formed a SACCO as one way of improving their economic status. According to Musa Kabalega, the Chairperson Tukurakuranize Saving and Credit Society Limited, they formed the…
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One year later, Cooperatives struggling to emerge from COVID-induced slump
Almost a year after Uganda first imposed several restrictions aimed at combating the spread of COVID-19, many cooperatives are still struggling to get back to their feet despite being open for business…
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Soroti city receives Emyooga funds
Savings and Credit Cooperatives-SACCOs in Soroti district have each received Shs 30m under the Presidential Initiative on Job and Wealth Creation, commonly known as Emyooga. The District Commercial Officer Soroti, George Tukei,…
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Local Govt PS urges LCs to embrace SACCOs
The Permanent Secretary, Ministry of Local Government, Ben Kumumanya, has challenged LC I and LC II Chairpersons in the Bunyoro sub-region to join Savings and Credit Cooperative Societies (SACCOs) to improve their…
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Masindi LCV halts Emyooga funds pay-out to Bujenje youth leaders’ SACCO
Cosmas Byaruhanga, the Masindi district LCV Chairperson, has instructed the district’s Chief Administrative Officer (CAO) to halt the transaction of Emyooga funds worth Shs30 m to Bujenje Constituency Youth Leaders’ Emyooga…
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Issuance of registration certificates delays Emyooga funds in Lira
The Presidential initiative on wealth and job creation (Emyooga)which was launched by President Yoweri Museveni two years ago has failed to kick-off due to complications involving the issuance of Registration Certificates to…
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Angry Emyooga SACCO members demand for their savings over delayed release of Shs 2.24 bn
Leaders of SACCOs that were recently formed to benefit from the Presidential Initiative on Job and Wealth Creation (Emyooga) are under pressure as members demand a refund of their savings following delays…
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Lira University staff SACCO receives 100m presidential injection
Members of Lira University staff’s Savings and Credit Cooperative Organisation (SACCO) have received Shs 100m in fulfillment of an outstanding presidential pledge, the university’s management has revealed. President Yoweri Museveni pledged to…
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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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Bwijanga Coffee Cooperative targets coffee processing machine
Bwijanga Coffee Cooperative Society Limited in Bwijanga Sub-county, Masindi district is in the process of acquiring a coffee processing machine that will enable them to add value to their coffee. According to…
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