Capital
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Cooperatives & Communities
Masindi Emyooga SACCO leaders trained on financial literacy, mindset change
MASINDI – The Microfinance Support Centre [MSC], a government agency responsible for Emyooga programme has trained Masindi district Emyooga SACCO leaders on financial literacy and mindset change. The leaders were also trained…
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Finance & Banking
Absa Bank Uganda profit after tax up by 169%
KAMPALA – Absa Bank Uganda had favourable business outcomes in the year 2021, despite covid-19 pandemic that hit the country. The bank on Tuesday announced a sharp profit after tax increment of…
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Cooperatives & Communities
Mao calls for an investigation into the massive land given for establishment of Industrial Parks.
GULU– The Democratic Party [DP] President General Norbert Mao has called for an investigation into the series of land being offered by members of the community to the government for the establishment…
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News
Ntoroko cooperators urged to utilise their SACCOs effectively
NTOROKO – The Ntoroko district Chairperson William Kasoro has urged cooperators to utilise their savings and credit cooperative societies (SACCOs) effectively to buy more shares. Kasoro said, most of the cooperative members…
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Cooperatives & Communities
Masindi Teachers’ SACCO share capital increases to Shs56m
MASINDI – The share capital for Masindi teachers’ SACCO has increased to Shs 56 million in 2021 from Shs 47 million raised in the year 2020. This was revealed by Joseph Rukundo,…
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Cooperatives & Communities
West Nile veterans to benefit from Shs 150m UN Women funds
Eight active veterans’ SACCO groups in West Nile are set to benefit from Shs 150m under the United Nations Women Funds (UNWF). According to Mike Mabonga Wambi, Commissioner Rehabilitation, Psycho-social Support and…
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Cooperatives & Communities
Lyamujungu Cooperative reinvests all dividends to settle outstanding loan
Members of Kabale-based Lyamujungu Co-operative Financial Services Ltd have resolved to reinvest all their dividends in order to absorb the effects of the COVID-19 pandemic that has affected many financial institutions in…
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