Banks
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Cooperatives & Communities
FSD Uganda grants Mushanga SACCO Shs 6.2bln for vulnerable groups
SHEEMA, April 8, 2025 – Mushanga Savings and Credit Cooperative Society Limited or Mushanga SACCO has received a grant of Shs 6.2 billion from Financial Sector Deepening Uganda [FSD] to enable women,…
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Cooperatives & Communities
Shs 20mln raised as Sheema journalists launch SACCO
SHEEMA, March 30, 2025 – Politicians were among the local community members who thronged Sheema Stadium in Sheema district to witness the launch of a Savings and Credit Cooperative Society [SACCO] aimed…
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News
UDB launches programme to reshape industrialisation
KAMPALA, March 25, 2025 – Uganda Development Bank [UDB] recently launched the Reshaping Industries for a Sustainable Economy [RISE] Programme expected to transform the way the Bank deploys its resources within the…
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News
PWDs in Greater Masaka decry limited access to gov’t economic empowerment initiatives
MASAKA, January 22, 2025 – At least 386 members of the Association of Persons with Disabilities Living with HIV/AIDS [ADPHA] in the Greater Masaka districts have raised concerns about their limited access…
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News
Lack of IDs affecting access to PDM funds in Lira district
LIRA, December 21, 2024 — Residents of Amach Town Council in Lira district have called on the government to expedite the process of issuing the national identity cards [ IDs ] to…
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News
Kenyan SACCOs outshine banks in loan market amidst high interest rates
NAIROBI, December 16, 2024: Kenya’s Savings and Credit Cooperative Organisations [SACCOs] have attracted a growing number of customers seeking more affordable loan options as commercial banks keep charging higher interest rates. Despite…
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News
Stanbic increases ceiling for unsecured SACCO loans to Shs 4bln
KAMPALA, November 20, 2024 – Stanbic Bank has raised the ceiling for unsecured SACCO loans to Shs 4 billion, up from the previous limit of Shs 200 million, with an interest rate…
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News
Col. Nakalema engages mining sector stakeholders to shape Uganda’s mineral future
KAMPALA, November 1, 2024 — The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema, has urged stakeholders in Uganda’s mining sector to protect and promote the industry, highlighting…
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News
Lyamujungu SACCO’s 40 years of existence and excellence
KABALE, September 2, 2024 – Boasting almost 40,000 members, Lyamujungu SACCO domiciled in Kigezi Subregion, recently attained 40 years of providing excellent services to members, although the institution was unable to mark…
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News
Lango farmers advised to join SACCOs
LIRA, July 18, 2024 – Farmers in Lango Subregion have been urged to join or form Savings and Credit Cooperative organisations [ SACCOs ] to benefit from programmes initiated by government, and…
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