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Lira Tailors’ Emyooga SACCO registers steady progress amid few challenges
LIRA CITY, January 13, 2026 — Lira Municipality Tailors Emyooga Savings and Credit Cooperative Society [SACCO], based in Barogole Ward, Lira City, has recorded steady progress since its establishment in 202, despite…
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Commercial lending rates rise to 19.7 percent in October 2025 – report
KAMPALA, December 23, 2025 — Average weighted lending rates in Uganda for both shilling- and foreign currency-denominated credit edged upwards in October 2025, according to the Performance of the Economy Monthly Report…
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Commercial lending rates in Uganda to remain unchanged, BoU says
KAMPALA, December 11, 2025 — Commercial lending rates in Uganda are expected to remain unchanged, supported by stable macroeconomic conditions marked by low inflation, anticipated economic growth, and a steady Central Bank…
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UCA engages coffee cooperatives on revival of Cooperative Bank
MBALE CITY, December 8, 2025 — The Uganda Cooperative Alliance [UCA] has held an engagement meeting with leaders of coffee cooperatives from the eastern region to discuss the revival of the Cooperative…
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MCs and media panellists receive Shs 100mln to boost SACCO
HOIMA, December 5, 2025 — Masters of Ceremonies [MCs] and media panellists in the Bunyoro Kitara Kingdom have reason to celebrate after President Museveni injected Shs 100 million into their Savings and…
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Sheema teachers form SACCO to boost their financial independence
SHEEMA, Nov, 28, 2025 — Teachers in Sheema district have launched a Savings and Credit Cooperative Organisation [SACCO] in an effort to strengthen their financial independence and reduce reliance on high-interest local…
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KENYA: 25,000 SACCOs face closure over failure to file audited financial statements
NAIROBEI, November 27, 2025 — A total of 25,000 Savings and Credit Cooperative Organisations [SACCOs] in Kenya are facing deregistration after failing to prepare and file audited financial accounts, placing over Ksh…
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Stanbic Bank, FinCom launch first fully digital lending solution for schools
KAMPALA, November 25, 2025 — Stanbic Bank Uganda has partnered with FinCom Technologies, creators of the SchoolPay platform, to unveil the country’s first fully digital lending system designed specifically for schools. The…
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Over 185 Multi-State Co-op Elections Conducted in India; New Guidelines Issued
NEW DELHI, November 24, 2025 — The Central-level Co-operative Election Authority [CEA] has successfully conducted more than 185 elections for Boards of Directors and Office Bearers of Multi-State Cooperative Societies [MSCS] across…
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Commercial lending rates in Uganda ease in September 2025, report shows
KAMPALA, November 23, 2025 — Commercial lending rates in Uganda eased slightly in September 2025, according to the Performance of the Economy Monthly Report for October 2025. The weighted average lending rate…
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