Banks
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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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News
The Second National Microfinance and Savings Groups Conference 2024 underway Kampala
KAMPALA, July 17, 2024: The Finance ministry together with stakeholders in the microfinance sector is holding the Second National Microfinance and Savings Groups Conference 2024 from 17th to 18th of July, 2024…
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News
AfDB’s sovereign portfolio retains top spot in 2024 Aid Transparency Index
ABIDJAN, July 17, 2024 – Publish What You Fund, the global campaign for aid and development transparency, has once again named the African Development Bank’s [AfDB] sovereign portfolio as the most transparent. The…
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International
ICBA signs MoU with Tilburg University to improve the data it holds on members
UTRECHT, July 13, 2024 – The International Cooperative Banking Association [ ICBA ] recently agreed a memorandum of understanding [MoU] with Tilburg University, to improve the quality and quantity of data it…
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News
Multilateral finance institutions win big at African Banker Awards 2024
KAMPALA, May 29, 2024 – The most prestigious event in the African banking calendar, the African Banker Awards Gala Ceremony 2024, took place last night at the JW Marriott Hotel in Nairobi,…
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