Credit
-
News
Zimbabwe advised to benchmark coop and SME regulation with Kenya to enhance financial inclusion and SME formalisation
HARARE, May 28, 2025 –– Zimbabwe’s Cooperative and SME Regulatory Framework could benefit immensely from benchmarking with Kenya’s proven model, a move that would accelerate financial inclusion and the formalisation of Small…
Read More » -
News
Boda boda riders tasked to account for Emyooga funds
GULU CITY, May 7, 2025 – General Salim Saleh, the Chief Coordinator of Operation Wealth Creation [OWC], has called on Boda Boda SACCOs to provide a full account of the funds they…
Read More » -
News
Loan defaulters blamed for poor performance of Kyamuhunga People’s SACCO
BUSHENYI April 9, 2025 – The Board Chairman of Kyamuhunga People’s SACCO [KYAPS] in Bushenyi district, Paul Turyamureeba Kahiigi, has urged members to ensure they repay their loans promptly if their organisation…
Read More » -
Development
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 aimed at transforming the way the Bank deploys its resources within the…
Read More » -
Opinions & Commentary
Credit referencing in Uganda: Unlocking opportunities for growth
KAMPALA, March 12, 2025 –– Uganda has a diverse range of credit providers, including commercial banks, credit institutions, and Microfinance Deposit-Taking Institutions [Tier 1 to Tier 3 financial institutions], Deposit-Taking Microfinance Institutions,…
Read More » -
News
Ugandan coop among new members recruited by ICA
BRUSSELS, February 2, 2025 — The International Cooperative Alliance [ICA] started the year 2025 by welcoming six new full members from India, Ethiopia, Vietnam, Uganda and Palestine. The cooperatives include; Kollam District…
Read More » -
News
Bank of Uganda issues MDI licence to EBO SACCO
KAMPALA, January 28, 2025 – The Bank of Uganda [BoU] has granted a licence to EBO Cooperative Savings and Credit Society Limited, located in Bwizibwera Rutooma Town Council, Mbarara district. This licence…
Read More » -
News
Kanungu constructs lodge out of tourism revenue
KANUNGU, September 24, 2024 — Kanungu district has constructed a magnificent ecotourism lodging facility in Mpungu Subcounty using funds from a revenue sharing agreement with Uganda Wildlife Authority [UWA], the managers of…
Read More » -
News
Panel discusses findings of WOCCU Study on financial inclusion for migrants, refugees
BOSTON, July 24, 2024 – The World Council of Credit Unions [WOCCU] on Tuesday led a panel discussion on the findings from its new report, Insights from Credit Unions on Financial Inclusion…
Read More » -
Opinions & Commentary
New CMN rules could boost consolidation for Brazilian cooperative credit system
By Claudio Gallina RIO DE JANEIRO/SAO PAULO, May 3, 2024 – Fitch Ratings views the enactment of the National Monetary Council [ CMN ] Resolution No. 5,131 [R5131] as a positive regulatory…
Read More »