Covid-19
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Cooperatives & Communities
Hoima Sacco, Government clash over Shs 50m loan
HOIMA – In a speech at the annual general meeting of the Hoima District Referees Saving and Credit Co-Operative Society (Sacco), Board Chairman Patrick Kunihira, publicly voiced his concern about a deliberate…
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Cooperatives & Communities
New Sacco to give out Cheap loans in Hoima
The newly launched KASSOBA SACCO is on course to open with offers of cheap loans to members of Kabalega Secondary School Old Boys Association (KASSOBA). The official launch was on April 3…
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Cooperatives & Communities
Kabarole: Kitojo Care SACCO holds first AGM after COVID-19 setback
Kitojo Care SACCO in Kabarole district has held its Annual General Meeting (AGM) this week, after missing out on holding one in 2020. While cooperatives are required by law to hold an…
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Cooperatives & Communities
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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Cooperatives & Communities
Co-operatives turn to external loans as COVID-19 continues to bite
As the aftereffects of the COVID-19 global pandemic continue to rattle businesses even at the local level, a number of cooperatives have resorted to external loans in order to boost their liquidity.…
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Cooperatives & Communities
MADFA SACCO registers 75% increased member savings in two years
The Masindi District Farmers Association (MADFA)’s SACCO has registered an increase in members’ savings from Shs. 1.2 bn to 2.1 bn over the past two years, representing a 75% growth. According…
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Cooperatives & Communities
Weak Primary Societies to blame for collapsing Cooperative Unions
The assistant Commissioner for cooperatives, Robert Mpakibi Waiswa, has attributed the increasing collapse of cooperative unions in Uganda to weak primary societies, lack of diversification and poor leadership, among other reasons. Mpakibi…
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Cooperatives & Communities
Advocacy platform needed for Agriculture sector post-COVID- NAAC
The National Alliance of Agricultural Co-operatives (NAAC) has called for the formation of a nationwide agricultural advocacy platform to bridge the gap between the government and the other actors in Uganda’s agricultural…
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Cooperatives & Communities
Unlicensed SACCOs risk closure, accused of preying on savers
Members of unlicensed Savings and Credit Cooperative Societies (SACCOs) are at risk of losing their hard-earned savings, Philip Otim, the Apac District Commercial Officer, has warned. Available figures indicate that there are…
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Cooperatives & Communities
Incoming Mwizi SACCO leadership cautioned on integrity
Bob Bariyo Barigye, the Commissioner for Cooperative Development and acting Registrar of Cooperative Societies has called for good governance if cooperatives are to thrive. Barigye made the remarks Friday while officiating at…
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