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News
SACCO leaders urged to embrace technology to safeguard members’ savings
IBANDA, August 25, 2025 — Leaders of Savings and Credit Cooperative Organisations [SACCOs] have been urged to adopt modern financial technology systems to strengthen transparency and prevent fraud in cooperative societies. This…
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Teso teachers’ SACCOs to receive additional gov’t funding
SOROTI, August 22, 2025 – Teachers’ Savings and Credit Cooperative Organisations [SACCOs] in the Teso Subregion are set to receive a significant financial boost from the government through the Presidential Fund for…
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WSACCO celebrates promotion of 47 non-commissioned officers
KAMPALA, August 19, 2025–Wazalendo Savings and Credit Cooperative Society Limited [ WSACCO ] recently honoured 47 of its staff who were recently promoted to various non-commissioned officer [NCO] ranks in recognition of…
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Politics: Businessman Tanna roots for formation of cooperative in manifesto
LIRA CITY, August 14, 2025 – The ruling National Resistance Movement [NRM] Entrepreneurs League has been urged to form a cooperative to enable party’s entrepreneurs access affordable financing more easily. Businessman Sanja…
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NRM youth leaders in Lango form SACCO to improve livelihoods
LIRA CITY, 11 August 2025 –- Youth leaders affiliated with the ruling National Resistance Movement [NRM] party in the Lango Sub-region have come together to form a Savings and Credit Cooperative Organisation…
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Pride Bank wins big at the 2025 Annual Agricultural Excellence Awards
KAMPALA, July 30, 2025 – Pride Bank Limited has been honoured with the Agri-Finance Award [Credit Finance] at the prestigious 2025 Annual Agricultural Excellence Awards. Held under the theme ‘Celebrating Excellence and…
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BoU raises Shs 1.86trn from treasury bills and bonds in June 2025
KAMPALA, July 24, 2025 — Uganda’s domestic debt market remained active in June 2025, with the government through Bank of Uganda [BoU] raising Shs 1.86 trillion from three auctions of treasury bills…
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WOCCU launches last-mile innovation to strengthen rural financial inclusion in Guatemala
MADISON, Wis., June 23, 2025 — World Council of Credit Unions [WOCCU] in May partnered with the National Federation of Savings and Credit Cooperatives [FENACOAC], its member credit union association in Guatemala,…
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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…
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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…
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